Canstar Resources Inc. is pleased to announce assay results from the final 26 drill holes completed in 2021 and the results of the first systematic till sampling program on the Golden Baie property in south-central Newfoundland. Highlights include: Additional high grade gold drill intercepts 26 reconnaissance drill holes, totalling 3,125 metres [...]
Canstar Resources is pleased to announce an update on the winter drill program at the Kendell prospect, located in the central portion of its Golden Baie claim block which is at the southern end of the emerging Newfoundland gold belt. Based on preliminary results, the Company is also pleased to announce that the winter drill program has been [...]
Canstar Resources Inc. is pleased to announce additional assay results from 2021 drilling and channel sampling from the Kendell prospect at its Golden Baie project in south Newfoundland. The Company also announces that a winter diamond drill program has commenced at the Kendell prospect. This program is expected to include up to 35 new drill holes [...]
Canstar Resources Inc. is pleased to announce that it has signed a binding property purchase agreement with Altius Resources, a wholly owned subsidiary of Altius Minerals Corp., to acquire a 100% interest in the Hermitage Property. The Hermitage Property is comprised of three map-staked licenses containing 607 claims covering 15,175 ha. The [...]
Canstar Resources Inc. is pleased to announce that it has joined the Newfoundland.Gold marketing alliance of industry leaders. Newfoundland.Gold is a strategic marketing alliance comprised of gold exploration and mining companies focused on the advancement of the mineral sector in Canada's Newfoundland and Labrador province. Collectively these [...]
Canstar Resources announces that a total of 3,250,000 options to purchase common shares of the Company are being granted to officers, directors, and employees at an exercise price of $0.28 per share, expiring on Dec 10, 2026. The grant is subject to regulatory approval and vesting requirements. Rob Bruggeman, President & CEO of Canstar, commented [...]
Canstar Resources Inc. is pleased to announce that it has completed its previously announced non-brokered private placement, consisting of the sale of 14,412,471 flow-through units at a price of $0.315 per FT Unit and 1,724,138 premium flow-through units at a price of $0.39 per Premium FT Unit for aggregate gross proceeds of $ $5,212,342.19. Each [...]
Canstar Resources Inc. & , is pleased to announce that Jacqueline Allison has been elected as an independent director to the Canstar board of directors , subject to TSX Venture Exchange acceptance. In addition, the Company announces that shareholders of the Company approved the creation of 2176423 Ontario Ltd., a corporation beneficially owned by [...]
Canstar Resources Inc. & , is pleased to announce its intention to complete a non-brokered private placement financing for total gross proceeds of up to $6.0 million, consisting of up to 11,112,000 flow-through units of the Company at a price of $0.315 per FT Unit and up to 6,411,000 FT Units at a price of $0.39 per FT Unit . The Company reserves [...]
Canstar Resources Inc. & is pleased to announce partial assay results from extensive prospecting activities on its Golden Baie project in 2021. Highlights of this year's prospecting activity resulted in the delineation and/or expansion of multiple new target areas and include the discovery of up to 30.3 g/t Au in outcrop and of visible gold in [...]
Canstar Resources Inc. is pleased to announce new assay results from six diamond drill holes from the 2021 drill program on the Golden Baie project in south Newfoundland. Drill holes reported are from the recently discovered Kendell prospect, located near the centre of the 62,175 hectare Golden Baie claim block. Assay results for an additional 22 [...]
Canstar Resources Inc. & announces that its board of directors approved the adoption of an advance notice by-law , establishing a framework for advance notice of nominations of directors by shareholders of the Company . Among other things, the Advance Notice By-law fixes certain deadlines by which Shareholders must submit a notice of director [...]