- Vanstar (VSR) has released winter drilling results from the Nelligan Project in Quebec
- Results confirm expanded gold mineralization along strike and at depth
- Ongoing exploration is evaluating additional targets with an updated resource estimate slated for year end
- President and CEO J.C. St-Amour joined Daniella Atkinson to discuss the results
- Vanstar Mining Resources is a gold exploration company with properties in northern Quebec
- Vanstar Mining Resources Inc. (VSR) opened trading at C$0.36 per share
Vanstar (VSR) has released winter drilling results from the Nelligan Project in Quebec.
Nelligan hosts inferred mineral resources of 3.2M ounces of gold grading 1.02 g/t gold.
The project is a joint venture between IAMGOLD (IMG) (75 per cent) and Vanstar (25 per cent).
IAMGOLD completed the 8-hole, 4,714 m program with nearly all holes yielding multiple wide intercepts of gold mineralization at higher-than-average grades.
Results confirm expanded gold mineralization along strike and at depth with the deposit open in all directions.
Highlights include:
- Hole NE-22-194: 7.9 m of 6.71 g/t gold, 41.3 m of 1.38 g/t gold, 69 m of 2.24 g/t gold and 35 m of 1.64 g/t gold
- Hole NE-22-193: 16.5 m of 2.58 g/t gold, 13.9 m of 4.71 g/t gold, 57.6 m of 1.38 g/t gold and 48 m of 1.08 g/t gold
- Hole NE-22-192: 28 m of 0.96 g/t gold, 52.3 m of 1.60 g/t gold and 25.5 m of 1.35 g/t gold
- Hole NE-22-198: 27.9 m of 2.31 g/t gold and 23.8 m of 3.21 g/t gold
The ongoing summer exploration program will evaluate additional priority targets.
The company is planning an updated resource estimate for Nelligan for the end of 2022.
President and CEO J.C. St-Amour joined Daniella Atkinson to discuss the results.
Vanstar Mining Resources is a gold exploration company with properties in northern Quebec.
Vanstar Mining Resources Inc. (VSR) opened trading at C$0.36 per share.