Vanstar Mining Resources Inc.

Vanstar Mining Resources Inc.

VMNGF
Vanstar Mining Resources Inc.US flagOther OTC
0.49
USD
+0.00
- -
28.45MMarket Cap
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Jean-Claude St-Amour
Sector
Basic Materials
Industry
Gold
Address
410 rue Saint-Nicolas Montreal QC Canada H2Y 2P5
IPO Date
Aug 16, 2018
Business
Vanstar Mining Resources Inc. (VMNGF) is a junior mineral exploration company focused on the acquisition, exploration, and development of mineral properties, primarily gold and lithium deposits in Quebec, Canada. The company holds interests in several key projects, including the Nelligan gold project through a joint venture with IAMGOLD Corporation; the Lucky Strike property, which encompasses lithium prospects; the Séparée property with high-grade gold showings; and the Pascalis property featuring gold occurrences, among others. Operations are centered in the Abitibi region of Quebec, with headquarters in Val-d'Or, Quebec, where the company was founded in 1987. Vanstar offers exploration services and geological consulting to partners; conducts diamond drilling, geophysical surveys, and resource estimation; and pursues joint ventures for project advancement. Its target markets include mining companies, institutional investors, and resource funds seeking exposure to precious and battery metals in stable jurisdictions. The company operates exclusively in Canada, leveraging regional infrastructure and expertise in greenfield and brownfield exploration. In recent developments, Vanstar signed a definitive agreement in 2023 to sell a 20% interest in the Nelligan project to a strategic partner, enhancing funding for advancement. The company reported promising drill results from Lucky Strike in 2024, confirming lithium potential, and completed a non-brokered private placement raising approximately CAD 2 million in late 2024 to support ongoing exploration. Additionally, Vanstar expanded its land position in the Abitibi belt through claim staking and option agreements in 2025.

Company News

APIChat
  • Vanstar Completes Plan of Arrangement with IAMGOLD

  • Vanstar Announces Shareholder Approval of Arrangement with IAMGOLD

  • Vanstar Files Special Meeting Materials for Friendly Acquisition by IAMGOLD Corporation

  • Vanstar Announces Friendly Acquisition by IAMGOLD

  • Vanstar Reports Results from 2023 Drilling Program on the Nelligan Project

  • Prospecting Work Commences on The Amanda Project

  • Vanstar Options the Amanda Project to Mosaic Minerals

  • Vanstar Announces Drilling Resumes at the Nelligan Project

  • Vanstar Mining Resources hails encouraging winter drill results from IAMGOLD at Nelligan JV project in Québec

  • Vanstar Mining Resources welcomes latest results from ongoing drilling at Bousquet-Odyno project in Quebec

  • Vanstar Mining Resources reports encouraging results from first two holes drilled at Bousquet-Odyno project in Quebec

  • Vanstar Mining begins 4,000-metre drill program at Bousquet-Odyno in Quebec

  • Vanstar Mining Resources says winter drilling progressing at Nelligan joint venture project, Quebec as it posts remaining 2021 results

  • Vanstar Mining strikes definitive option deal with IAMGOLD on Bousquet-Odyno property in Quebec

  • Vanstar Mining says partner IAMGOLD set to resume drilling at Nelligan this week

  • Vanstar Mining Resources reports strong assay results that confirms continuity of mineralization at the Nelligan joint venture

  • Vanstar Mining Resources is a Quebec-focused low-risk, exploration play

  • Vanstar Mining Resources set to earn into 75% of Calder-Bousquet project in Quebec after another deal with IAMGOLD

  • Vanstar Mining initiates drilling program on its Felix property in Quebec

  • Vanstar Begins Drilling on Felix and Shares Video of Recent Visit to the Nelligan Project