Founded in 2008, Vanstar Mining Resources Inc. (TSX-V : VSR) is a gold exploration company with properties located in Northern Quebec (Canada) at different stages of development.
Vanstar’s flagship asset is the Nelligan gold project with its growing gold resource currently containing indicated resources of 2.0 million ounces and inferred resources of 3.2 million ounces of gold (published in January 2023). Developed in conjunction with IAMGOLD Corporation, Nelligan is one of the most promising gold mining projects in Quebec. Ongoing exploration work is expanding the mineralized zone of the project.
The Nelligan Project won the “Discovery of the Year” award at the 2019 Quebec Mineral Exploration Association XPLOR Gala.
Vanstar is also earning into a 75% interest from IAMGOLD in the Bousquet-Odyno project, located on the prolific gold producing Cadillac Break. The project is located close to infrastructure and within 6 km of IAMGOLD’s Westwood mill complex, where any future ore could be processed.
The company’s tight capital structure combined with its healthy cash position place it in an advantageous position for the development of its current and future exploration projects.
Vanstar Mining Resources Inc. is also trading on the Frankfurt Stock Exchange under the symbol 1V8 and on the U.S. OTC market : VMNGF.
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