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Vanstar Mining Resources Inc. VMNGF


Primary Symbol: 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 Oct 23, 2022 12:39am
384 Views
Post# 35041673

sup results

sup resultsThese results have absolutely no bearing on Nelligan at all  - they are further to the west  ( fortunately) -  sup's falcon deposit is likely a continuation of the Nelligan mineralized system NOT the same deposit that is Nelligan but a separate lense of mineralization within the Nelligan sediments  - the sup results are very low grade  and won't make it  - no where near Nelligan standards!!!  I'm surprised they are doing such a large program going forward. I wish them luck ( more for vgd with the adjacent property further  to the west offsetting the amber showing)    if anything , I can see the Falcon deposit becoming a nice satellite deposit for future Nelligan production (way down the road)
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