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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 Jun 22, 2022 5:50pm
290 Views
Post# 34775418

bousquet progress

bousquet progressdrilling progress preceeding well  - waiting on several more holes - finally able to get up into the northeast corner ( Bousquet #4) and drill out the deeper locations ( off setting 1.92g/t over 43.35m) another offset hole has been drilled near the hole 63 discovery  - this is VERY IMPORTANT as we try to determine how large this deep discovery  is ( 300 -320m) 21m @ 5.23g/t  MF = 110  the  second highest in the deposit to date and the new hole is near 3.11g/t over 36 m and 10.17g/t over 17m in historical drill holes BO -07 and 06!  I also understand vsr will likely punch a few more shallow holes near our second discovery hole 76 ( 9.0m @3.96g/t) and see how far we can extend that zone to the southwest in the southwest corner of the deposit - then we wait for all the assays from phase 1 to determine where to go next ( IMHO a few more holes near hole 63 if we continue to extend the deep discovery to begin with)

all looks good  -  just waiting on more holes and as usual , the remaining deep IMG holes soon to be released ( and they won't disappoint )
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