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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 drzaconon Apr 03, 2023 10:01am
240 Views
Post# 35375900

VSR

VSRVSR doesn't need a crutch to make its mark. His interest in Nelligan is solid and over time will pay off. Its other projects (Bousquet and Amanda) offer interesting exploration potential, especially Amanda, with its hybrid Au-Lithium side. Management should develop this facet in order to optimize the value of VSR's stock before even looking at an offer, unless it comes from a real gold producer.
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