Vanstar Mining Resources Inc. VMNGF

Primary Symbol: V.VSR

Metals & Mining Gold

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.

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Vanstar Mining Resources Inc. > Buyout

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Post by Ballsmeepon Apr 13, 2022 7:41am

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Buyout

I think we get bought out very soon. Vanstar not adding any value to nelligan IAG probably only concern is the LT gold price. Iag working against themselves at this point and should be in discussions already with vanstar on a price.

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