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Last C$0.05 CAD
Change Today -0.01 / -18.18%
Volume 11.6K
VSR On Other Exchanges
As of 9:34 AM 09/2/15 All times are local (Market data is delayed by at least 15 minutes).

vanstar mining resources inc (VSR) Snapshot

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11/6/14 - C$0.09
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vanstar mining resources inc (VSR) Details

Vanstar Mining Resources Inc. acquires, explores for, produces, develops, and operates mining properties in Canada. The company explores for gold deposits. Its flagship property is the Nelligan project comprising 92 cells covering an area of approximately 4,968 hectares. Vanstar Mining Resources Inc. was incorporated in 2007 and is based in La Prairie, Canada.

Founded in 2007

vanstar mining resources inc (VSR) Top Compensated Officers

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vanstar mining resources inc (VSR) Key Developments

Vanstar Mining Resources Inc. Announces Board Changes

Vanstar Mining Resources Inc. announced the unanimous election of the proposed candidates as directors at the general meeting of the Corporation held July 6, 2015. The new directors, Pierre Lefebvre, Eric Beauchenes and Denis Belisle all work in the field of communications, internet and medias. Together, they cumulate a vast experience in the area of the world of Internet. Lastly, Mr. Charles-Stephane Roy has tendered his resignation as a director of the Corporation for personal reasons.

Vanstar Mining Resources Inc. Announces Drilling Program Extends the Liam and Dan Gold Zones and Intersects New Mineralized Structure on the Nelligan Project in Quebec

The management of Vanstar Resources Inc. announced that its partner IAMGOLD Corporation has received and validated all results from its winter 2015 diamond drilling campaign on the Nelligan project, located 60 kilometres southwest of Chibougamau, Quebec, Canada. This drill program successfully targeted extensions to the Liam and Dan gold Zones and intersected a new mineralized structure north of the Liam Zone in drill hole NE-15-32. The drilling program, involved the completion of 7 diamond drill holes totaling 2,516.6 metres, and was designed to test for extensions along strike to the southwest and northeast, as well as continuity at depth of the previously discovered Liam and Dan gold zones. Results confirm the presence of multiple zones within a wide mineralized system with anomalous gold associated with the known gold-bearing structures. Highlighted intersections obtained during this campaign include: Dan Zone: 2.47 g/t Au over 9.18 metres true width in hole NE-15-26, 1.98 g/t Au over 20.25 metres true width in hole NE-15-28, and 2.22 g/t Au over 13.86 metres in hole NE-15-31; Liam Zone: 2.05 g/t Au over 7.83 metres true width in hole NE-15-27 and 1.16 g/t Au over 20.07 metres in hole NE-15-28; a new wide highly silicified zone with abundant disseminated Pyrite intersected at depth in hole NE-15-29 which returned assay intervals of 0.77 g/t Au over 10 metres from 396 to 406 metres and 0.70 g/t Au over 9.0 metres from 445 to 464 metres; and a new mineralized structure intersected to the north of Liam Zone which returned 5.31g/t Au over 4.50 metres true width and 3.03 g/t over 3.96 metres true width at the bottom of hole NE-15-32.

Vanstar Mining Resources Inc. Provides Update on Nelligan Project in Quebec

Vanstar Mining Resources Inc. provided update of the exploration program currently being conducted by its partner IAMGOLD Corporation, on the Nelligan Project, located in the Chibougamau-Chapais region in Northwestern Quebec, Canada. During the last two months, IAMGOLD has completed a winter drilling program and seven holes had been drilled for a total of 2, 519 meters. Selected core samples have been sawn and sent to the assay laboratory. Assay results will be reported once they are received and validated by the project operator IAMGOLD. A total of 1,124 samples have been sent for analysis. Most of the drill holes intersected the targeted structures of the Liam and Dan Zones and have also identified a new geological structure that needs further assessment. Planning continues for a summer exploration program which will include completion of a ground geophysical survey with the objective to characterize the alteration and mineralized zones. A 4- line orientation survey will be conducted on the Liam showing involving a deep Induced Polarization survey. If the results are successful a similar survey will be considered to attempt to delineate potential extensions of the Liam showing to support future drilling on the property. The Nelligan project contains several interesting gold showings including Liam, Dan and Lake Eu.


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