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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

Comment by Ballsmeepon Jun 07, 2022 5:50pm
163 Views
Post# 34738514

RE:RE:RE:I should add:

RE:RE:RE:I should add:
IMG basically owns Nelligan. They are on their own timeline. And I'm sure a standard offer will be made soon and we negotiate from there. Not sure larger shareholders are still in much cheaper than current vsr stock price. Many could be underwater on their vsr investments.
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