Bullboard - Stock Discussion Forum Vanstar Mining Resources Inc. 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... see more

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Vanstar Mining Resources Inc. > From Northern superior thread

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Post by SPACEDOC on Feb 07, 2024 9:06pm

From Northern superior thread

IAG may try to take all the Nelligan area +++ SUP has really moved on no news

RE:RE:Something brewing

Absolutely agree. I could easily see SUP splitting itself in two and selling all the Quebec properties to IMG. If the price is right!

IMG would then have basically all of the Nelligan and a bunch of very prospective claims which are all on the Nelligan trendline...Philbert, Chevrier and Croteau Est. Ties in well with their existing ownership in Monster Lake and Blue Thunder mining. THis would turn IMG into an absolute powerhouse in the region.

I can only hope that Cote turns into the cash cow it should be so that IMG could afford to pay a hefty premium!!! Somehow I dont think we have too long to wait before we see some substantial moves.

I imagine ED that you have plenty of shares of SUP so wishing you (and all us SUP holders) good fortune!

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