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Vanstar Mining Resources Inc. V.VSR

Vanstar Mining’s Nelligan gold project joint venture with IAMGOLD (25% VSR/75% IMG), located 60 kilometres SW of Chibougamau, Quebec. Vanstar retains 25% undivided non-contributory carried interest until commercial production. Nelligan is one of Quebec’s largest gold projects containing approximately 5.6 Moz of gold. Vanstar has signed an LOI with IAMGOLD to acquire a 75% interest in their Bousquet-Odyno property. The project is 6km from IAMGOLD’S Westwood mine.


TSXV:VSR - Post by User

Post by Warlockkkon Mar 16, 2021 5:04pm
161 Views
Post# 32810193

Look around and see!

Look around and see!Some companies are finding super high grade, bonanza style, close to the surface, easy to get, low cost, open pit mineable, GOLD, in safe jurisdictions. just look at the Red Lk area in Ontario and GBR among others, or in Newfoundland NFG, and now SIC and LAB (with super low market caps), or SKE & ESK out in BC. Many just don't seem interested in these low grade, spread out, higher cost areas like the Nelligan, especially when you only own 20% of it, but remember what PG says, "stop listening to jerks on chat rooms!"
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