Company Data
Vanstar Mining Resources Inc.
Ticker
VSR:CA
Current Price
$0.67
Market Cap
$38.6M
Price Target
Refer to Report
Volume
1.0K
52wk Range
$0.29 - $0.71
Overview
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.