Golden Baie Project Highlights Approximately 2,600 mineral claims over 66,000 hectares covering more than 95 km of strike length along a major regional gold structure. Recent prospecting along a 5 km strike length has identified new high-grade gold occurrences, including multiple outcrop and float samples with visible gold in quartz stockwork and [...]
Canstar Resources Inc. is pleased to announce a summer exploration program on its Buchans - Mary March project in Newfoundland and Labrador, Canada. The first phase of the program will consist of examining archived core samples, lithogeochemical sampling, prospecting and mapping in relation to historical information and more recent exploration work [...]
Canstar Resources Inc. is pleased to announce that it has completed a non-brokered private placement of 4,200,000 common shares of the Company at C$0.05 per Common Share for total gross proceeds of C$210,000 . The Company intends to use the net proceeds raised from the Offering for general working capital purposes. The Offering is subject to the [...]
Canstar Resources Inc. announces that it has completed a transaction pursuant to which it sold to Angus Ventures Inc. all of its interests in mining rights to certain mineral claims in the Red Lake district in the Province of Ontario . Under the terms of the Transaction, Angus has acquired all of Canstar’s interest in the Slate Bay Property [...]
Canstar Resources Inc. announces that Christos Doulis has resigned from his position as President and Chief Executive Officer of the Company with immediate effect. The Company wishes Mr. Doulis well in his future endeavours. Dennis H. Peterson, the Chairman of the Board, will assume the position of interim President and Chief Executive Officer of [...]
Canstar Resources Inc. is pleased to announce, as part of its summer 2019 field program at Buchans-Mary March, the discovery of a new high-grade copper-gold massive sulphide occurrence, at surface, approximately 1.8 km along strike of the historic Mary March discovery hole, representing a new massive sulphide in bedrock discovery in the Buchans [...]
Canstar Resources Inc. is pleased to provide results from its recently completed Phase I exploration program at the Mary March Joint Venture where Canstar is the operator and majority partner with Glencore . Phase I Drilling and downhole EM at Buchans-Mary March Phase I consisted of 1,901 metres of drilling in five drill holes as outlined in Figure [...]
Canstar Resources Inc. is pleased to announce the appointment of Kerry Sparkes, M.Sc., P. Geo, to the Company's Advisory Board. Mr. Sparkes currently holds the role of Vice President-Geology for Franco-Nevada Corp. and was previously Vice President-Exploration at Rainy River Resources Ltd., Vice President-Exploration at [...]
Canstar Resources Inc. is pleased to provide an exploration update on its properties in Newfoundland. Buchans-Mary March Canstar Resources has engaged Cabo Drilling Corp. to undertake Phase I drilling scheduled to commence at the beginning of January, 2019, on the Buchans-Mary March property located in central Newfoundland. Historical drill results [...]
Canstar Resources Inc. or is pleased to announce the appointment of Bob Patey as Vice President of Exploration, effective November 1, 2018; and to provide an exploration update on its properties in Newfoundland. Mr. Patey holds a B.Sc. Honours in Geology from Memorial University of Newfoundland and is a Professional Geologist registered with the [...]
Canstar Resources Inc. announces that a total of 1,300,000 options to purchase common shares of the Company are being granted to an officer and a consultant at an exercise price of $0.30 per share, expiring on September 4, 2023. The grant is subject to regulatory approval and vesting requirements. On behalf of the Board, Christos Doulis, President [...]
Canstar Resources Inc. is pleased to provide a corporate update and announces its 2018 exploration programs in Newfoundland and Labrador, Canada. Corporate Update As announced in the press releases of July 31, 2018 and August 14, 2018, Canstar has completed the acquisition of the Newfoundland polymetallic exploration assets of Adventus Zinc Corp[...]