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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 monnomon Aug 18, 2023 11:42am
199 Views
Post# 35594939

vanstar

vanstar
there seems to be a lot of knowledgeable ti-joe on this forum... the transaction between MOC and VSR can only be beneficial for both parties if there is a genuine presence of lithium. Who takes the risk of verifying the potential? MosaicMinerals. Who can reap the benefits without having to take out big bucks just yet? VanstarResources. Who are the winners? shareholders of both companies.
Who are the losers? the losers who seem to know everything but know nothing about the mining industry...
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