- Vanstar Mining (VSR) has commenced a 4,000-metre drill program at the Bousquet-Odyno project in Québec
- Diafor Inc. has mobilized a diamond drill rig to the site and is currently drilling the first target
- The property lies within the Abitibi greenstone gold belt, a prolific gold-bearing regional structure that has produced 100 million ounces of gold since 1900
- Bousquet-Odyno is comprised of 37 contiguous mining claims covering approximately 1,492 ha
- Vanstar can earn a 75 per cent interest in the project from IAMGOLD by spending $4 million over 4 years
- Vanstar Mining Resources Inc. is a gold exploration company with properties located in Northern Québec
- Vanstar Mining Resources Inc. (VSR) opened trading at C$0.375 per share
Vanstar Mining (VSR) has commenced a 4,000-metre drill program at the Bousquet-Odyno project in Québec.
Diafor Inc. has mobilized a diamond drill rig to the site and is currently drilling the first target. The drill program is designed to test additional areas near surface as well as test areas down plunge from known high-grade zones.
The property lies within the Abitibi greenstone gold belt, a prolific gold-bearing regional structure that has produced 100 million ounces of gold since 1900. Historical drilling on the property prior to IAMGOLD has identified a number of gold zones, including the Calder-Bousquet Zones No. 2, No. 4 and No. 5.
J.C. St-Amour, President and CEO, commented on the news.
“The location of this project along the Cadillac-Break, in the shadow of some prolific producers, is exceptional from an infrastructure, accessibility and prospectivity perspective. Previous drilling on the project has intercepted high grades near surface and we believe the Bousquet-Odyno has been underexplored and offers great exploration potential. We have based this drill program on our interpretation of previous work and are targeting areas which we believe will deliver results and increase our understanding of the mineralized body.”
Bousquet-Odyno is comprised of 37 contiguous mining claims covering approximately 1,492 ha. Vanstar can earn a 75 per cent interest in the project from IAMGOLD by spending $4 million over 4 years.
Vanstar Mining Resources Inc. is a gold exploration company with properties located in Northern Québec.
Vanstar Mining Resources Inc. (VSR) opened trading at C$0.375 per share.