Announcement Date: 2022-05-30
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Vanstar Mining Resources Inc.
Project name: Bousquet-Odyno
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 21.0m @ 5.23g/t Au from 301m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Montreal, May 30, 2022 – Vanstar Mining Resources Inc. (TSX.V:VSR) (OTCQX:VMNGF) (FSE:1V8) (“Vanstar”, or the “Company”) is pleased to announce partial results from the first two holes drilled at the newly optioned Bousquet-Odyno project. Hole BO-22-63 returned an intercept of 21 metres (m) grading 5.23 g/t Au, including 10.5 m grading 10.14 g/t Au. Hole BO-22-64 returned an intercept of 6.5 m grading 2.10 g/t Au, including 3.5 m of 3.53 g/t Au. The holes targeted zones below historical holes and demonstrate that high grades continue at depth. See Figure 1 for a longitudinal section showing the location of the holes relative to previously drilled holes by other operators. J.C. St-Amour, President and CEO, said “This is our maiden drill program on the Bousquet-Odyno Project and we are excited to see that high grades continue at depth below historical drilling on the project. This is a kilometric-sized gold system and high-grade gold has historically been identified closer to surface. Today’s drill results targeted gold mineralization at a vertical depth of 275 m and is a significant step down from previous high-grade gold intercepts.
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