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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 garlandon Apr 29, 2022 6:49pm
194 Views
Post# 34644003

re sadly

re sadlyWell said marketsence,  thank you - pretty much sums it all up .After yesterday's circus I vowed ( once again ) to myself to stay off the bullboards but just too much effort answering back to those inquiring on my private message board. I will add just this  - the IMG winter project has been completed  - stopped a little short due to breakup but I am expecting some 6 - 10 deep holes (600m+)  with thick intersections underneath and to the southwest of the pit shell . Assays will likely take a while as I expect a considerable amount of assaying per hole.

Eventually as I recover more information, I will comment on my merits of drilling and the overall upside for VSR with respect to the Calder/Bousquet property. - gets more and more interesting as I dig into it.  The project is well underway  and hoping news on visuals etc. fills in the gap as we wait on Nelligan results.
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