Vanstar Mining Resources Inc (VSR) News

VSR (VMNGF on the OTC): Plan of arrangement agreement between the Company and an arm's length third party (the "Acquiror") pursuant to which the Acquiror acquired all of the issued and outstanding common shares of the Company. Shareholders of the Company are to receive 0.2008 of a common share of the Acquiror for each common share of the Company held.

https://otce.finra.org/otce/dailyList?viewType=Deletions

Vanstar announces the start of drilling at it's 100% owned Felix Project in Quebec and provides a video from a recent trip to the Nelligan Project by VSR's CEO JC St. Amour.

https://vanstarmining.com/news/vanstar-begins-drilling-on-felix-and-shares-video-of-recent-visit-to-the-nelligan-project/

The phrase 'oversold' is generally BS however this dip (cavern) initiated by a few ridiculous tweets from a (now) former shareholder is absurd! The OZ in the ground have not changed (in fact should be growing post the current drill program) Certainly appears to be a screaming out loud buy at these prices. With the former shareholder and his so called flock gone lots of room on the upside from here!

Will certainly be interesting to see how this program unfolds. Iamgold could extend the magnitude of this drill program based on visuals and assay results. We could easily see an expanded program!

9500 meters of drilling is huge - should add many more ounces and move some of the known resource from inferred to indicated !!

Great news. Looking forward to adding ounces!

Vanstar Provides Nelligan Exploration Update

https://vanstarmining.com/news/vanstar-provides-nelligan-exploration-update/

Montreal, July 06, 2021 -Vanstar Mining Resources Inc. (“Vanstar”, or the “Company”) (TSX.V - VSR) is pleased to confirm that drilling began on June 30th on the Nelligan joint venture project (IAMGOLD 75%, Vanstar 25%), located 60 km southwest of Chibougamau, Quebec. The Company’s joint venture partner IAMGOLD Corporation (“IAMGOLD” TSX-IMG) is expected to drill approximately 9,500 m and will include both definition drilling in the main resource area as well as step-out drilling with a focus on the west extension of the known mineralization. This drilling will support the completion of a future updated resource estimate.

Share price starting to recover as investors recognize the value in the Nelligan Project

Stock has been grossly oversold. Fundamentals have NOT changed!

Share price is back to levels last seen in February 2020 even though there has been more work done on the Nelligan project and drilling is currently underway. Time to back up the truck.

When IAMGOLD starts releasing drill results on Nelligan we may see a pop in the stock.

Can't believe that folks aren't buying Vanstar at these prices. Perfect opportunity to take a position. I also note recent "Insider Buying"!

would have to agree ( on the over reaction ) with so much more to come from IAMGOLD , Phase two drilling at Felix , Eva exploration and today's drop in gold, VSR is looking very over sold !

Total over reaction to the Felix news has created an excellent opportunity to step in or to average down.

Good buying opportunity at these levels.

For anyone who follows Vanstar - looks like one aggressive seller in the market today creating a great buying opportunity - fundamentals of the IAMGOLD resource have not changed and should only grow with ongoing drilling !

Vanstar acquired additional claims on Eva after completing a high resolution airborne magnetic survey. The Company plans to follow up on these results with a field reconnaissance program in this summer. The program will include geological mapping, prospecting, and sampling.

The EVA project could be a hidden gem - remember reading that an air mag survey was planned this year - anyone know if its still on ( or stuck on COVID delay) ??

They newly acquired claims at the Eva project look highly prospective due to the folded iron formations which are often a good host for gold mineralization.

certainly appears so ( world class) and located in perhaps the most friendly exploration and mining province in Canada ( not many left!!)

This will be a very exciting time for Vanstar. Can't wait to see the size of this world class gold deposit grow significantly!

There was a lot of interest in Vanstar it was a full day of meetings.

IAMGOLD to start drilling in the month of June on Vanstar's Nelligan project and the plan is to drill 9,000-10,000 m and will include both definition drilling in the main resource area as well as step-out drilling with a focus on the west extension of the known mineralization. This drilling will support the completion of a future updated resource estimate.

Really liking the way the stock recovered today from the fallout yesterday.

How did the meetings go with Mines and Money?

How did the meetings go - guessing with IAMGold as a partner on 3+million oz there was some strong interest ?

Vanstar is participating in Mines and Money Roadshow America's tomorrow.

IAMGOLD will be drilling another 9,000m on Nelligan. IAMGOLD owns 75%, Vanstar owns 25%

"VSR.V" This is still at a great price and a nice long term stock! Short term works as well..... It will be a great GOLD mine.

It is rated a STRONG BUY! 3.23 Million Cap "19 Million float."

This is a Lucky find!!!



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Our New Pick Is VSR

Our new pick is Vanstar Mining Resources (CVE:VSR). VSR surged on huge trading volume in the previous session, closing outside the trading channel and today the stock is on our list of stocks that could hit another new yearly high.


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