• Vanstar Mining Resources (VSR) has announced additional results from its drill program at Bousquet-Odyno project
  • The results received to date have identified at least 5 mineralized zones
  • 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$0.31 per share

Vanstar Mining Resources (VSR) has announced additional results from its drill program at Bousquet-Odyno project.

The results received to date have identified at least 5 mineralized zones, including a newly defined zone to the south-west of the Main zone (the “Zone D”). 

President and CEO J.C. St-Amour joined Sabrina Cuthbert to discuss the results.

“We are pleased with the results of the drill program to date. We are finding more wide intercepts of mineralized stringer zones that complement previously reported high grade intervals on the property. In addition to highlighting high-grade potential at depth, all zones remain open along strike with the possibility that they may join. Zone D is a newly defined area with multiple wide intercepts of mineralization with significant growth potential. In addition, drilling completed to date has been relatively shallow in comparison to other mines in the region.”

Highlights include:

  • Zone A: BO-22-81: 27.0 m @ 1.36 g/t Au, including 13.5 m @ 2.05 g/t Au, and including 6.0 m @ 3.18 g/t Au
  • Main Zone: BO-22-88: 7.5 m @ 1.99 g/t Au
  • 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
  • Zone D:
    BO-22-80: 10.5 m @ 2.00 g/t Au, including 6.0 m @ 2.97 g/t Au
    BO-22-78: 9.5 m @ 1.37 g/t Au, including 3.5 m @ 2.52 g/t Au

The drill program is now complete and a number of samples are currently in the lab pending analysis. Results announced to date represent approximately 5,300 m of a total of 9,136 m drilled in this program.

Bousquet-Odyno is comprised of 37  mining claims covering approximately 1,492 ha and is located in Quebec. The Property lies within the Abitibi greenstone gold belt, along the Cadillac break, a prolific gold bearing regional structure that has produced 100 million ounces of gold since 1900.

Vanstar can earn a 75 per cent interest in the project from IAMGOLD by spending $4 million over four years. 

Vanstar Mining Resources is a gold exploration company with properties in northern Quebec.

Vanstar Mining Resources Inc. (VSR) opened trading at C$0.31 per share.


More From The Market Online

Usha Resources begins phase 4 fieldwork at White Willow Project

Usha Resources (TSXV:USHA) has begun the fourth phase of fieldwork at its White Willow Lithium Project in Ontario following phase 3 work.

@ the Bell: Stocks level-out ahead of Easter long weekend

A rebound in oil prices and growth in metal prices helped push Canada’s main stock index higher as investors await economic data.
Bitcoin and cryptocurrency investing concept

U.S. spot Bitcoin ETFs are live – what happens to Canada’s crypto ETFs?

Three since the first spot Bitcoin ETF was introduced in Canada, these funds are finding formidable competition from U.S. counterparts.