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Vanstar Mining Resources Inc. VMNGF


Primary Symbol: 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

Comment by Warlockkkon Apr 29, 2021 11:55am
129 Views
Post# 33091281

RE:Hello Felix

RE:Hello FelixSo they started drilling 10 holes mid Janurary, so that would mean they would send in the first 5 cores no latter than mid Feb. then 2 months in the lab. Shouldn't we see something soon? My guess is a bunch of 1.5 g/t which will excite nobody, especially when at the Newfoundland gold rush, NFG is pulling out 261g/t over more than 7m. and LAB is drilling outcrop V/G just to the north. NFLD with a MC of $40m, will also be drilling V/G outcrops in the same area.
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