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Vanstar Mining Resources Inc. VMNGF


Primary Symbol: V.VSR

Metals & Mining Gold
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

Vanstar Mining Resources Inc. > Stockwatch take on Iamgold
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Comment by blueskieson Dec 21, 2022 3:50pm
108 Views
Post# 35185589

RE:RE:RE:Stockwatch take on Iamgold

RE:RE:RE:Stockwatch take on Iamgold I'm not certain IMG is diverting its interest to cote, I don't recall the nelligan ever being a focus for IMG. Cote is clearly IMG's focus and has been for quite a while now. The recent asset sale would seem to leave IMG better equipped to begin focusing on the Nelligan as it seems a better jurisdictional fit than the assets just sold.

I'm hopeful the upcoming resource update highlights IMG's plans. If not before Christmas it should be out very early in the new year so not long before we know.


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