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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

View:
Post by Talhasee on Dec 13, 2023 12:37am

Kaiser Report

Go to John Kaiser's December 6, 2023 bottom fishing report on the Vanstar deal.
It will give you a different perspective from which you can draw your own conclusions.

Kaiserf Watch - If not a peanut or a PMET then what.?
 
Scroll to 2nd half of report where he discusses the offer from IMG for 
Vanstar.
Comment by willyk3 on Dec 13, 2023 7:37am
Thanks for pointing that out.  It was a great read
Comment by drzacon on Dec 13, 2023 8:02am
he simply says that in the current circumstances, IMG's offer is fair and that VSR shareholders will possibly benefit from an increase in Iamgold's shares.
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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