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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 ruffus23on Nov 24, 2021 11:27am
93 Views
Post# 34161629

RE:RE:Hod Maden vs. Nelligan

RE:RE:Hod Maden vs. Nelligan I think the candidate to take out VSR wil ultimately be a royalty.  Probably pick up VSR for under $100 million or so which isn't to bad for a royalty/asset of Nelligans size.
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