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Vanstar has a 25% (IAMGOLD 75%) free carried interest in the Nelligan Project in Quebec. It is one of the largest exploration projects in the province with a resource of 5.6 million ounces of gold, currently being drilled for expansion.





 

Bullboard - Investor Discussion Forum 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... see more

TSXV:VSR - Post Discussion

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Post by monnom on Aug 18, 2023 11:42am

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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Investment Opportunity

INVESTMENT OPPORTUNITY

  • Free carried interest through to production on the Nelligan project means no capital required
  • Advanced exploration project with a 5.6 million ounce resource and growing
  • IAMGOLD commenced 10,000m drill program on the Nelligan project to grow resource
  • Trading at <US$12/oz in the ground
  • Well capitalized and financed

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Vanstar Mining Resources Inc.

410 rue Saint-Nicolas, Suite 236
Montréal (Québec)
Canada, H2Y 2P5

+1 514-312-4713
info@vanstarmining.com