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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 Sep 01, 2022 6:18pm
244 Views
Post# 34936809

re garland

re garlandBousquet results:  AVERAGE  - however, in this deposit every hole will encounter gold - it is  only a question of how much  - a couple of new zones found - that is good BUT going forward we need to do a RESOURCE CALCULATION!!! to determine how much gold  we have for our 75% interest . What I'm waiting for is the final 13 holes ! They are located in a much better area and contain some very impressive VG - the VG mineralized sections have NOT been released ( or assayed) to date - those holes should make a significant difference especially  if they are new systems open to depth ! There is a lot of gold in this system and VSR needs to determine how much  gold is contained within this system to meaningful!!!
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