Canstar Resources Inc. today announces preliminary results of a newly-acquired high-resolution airborne geophysical survey using ALS GoldSpot Discoveries Ltd.'s Multi-Parameter Airborne Acquisition System over the Company's Little River Trend mineral licenses. The LRT licenses are within the Company's district-scale gold - and antimony -bearing [...]
Canstar Resources Inc. Canstar's Golden Baie Project is located 89 km southwest of the past-producing Chinese-owned Beaver Brook Antimony Mine, which hosted a 2.2-million-tonne deposit grading 3.99% Sb at 1.5% cutoff . In addition to Golden Baie's extensive gold anomalies-including over 315 bedrock samples with more than 1 g/t gold, and till [...]
Canstar Resources Inc. . Canstar is pleased to announce membership in the University of Nevada, Reno's Tech Hub Program for critical and EV materials. Membership in the exclusive Tech Hub Program is an important milestone in the Company's critical minerals strategy, which complements its exciting gold exploration work, and includes securing [...]
Canstar Resources Inc. announces that a total of 3,344,000 options to purchase common shares of the Company have been granted to officers, directors, consultants and employees of the Company in accordance with the Company's stock option plan. The Options were granted at an exercise price of $0.035 per share and expire on July 14, 2029. The Options [...]
In January 2024 the Company announced a change of management concurrent with an oversubscribed private placement led by J. Paul Austin III. Following a detailed assessment of the Company's assets and strategic positioning, Canstar's new President & Chief Executive Officer, Juan Carlos Giron Jr., today announces a new geological model, priority [...]
Canstar Resources announces that the board of directors has appointed Paul Ténière, P.Geo., as Senior Vice President of Exploration. Paul brings over 25 years of experience and a deep understanding of the geology of Newfoundland. The board of directors has also appointed the current Chief Financial Officer and Corporate Secretary [...]
Canstar Resources closed the non-brokered private placement financing previously announced on Dec 27, 2023, for gross proceeds of $856,215. The Offering was oversubscribed by $121,215 and an aggregate of 26,665,500 units were sold. The lead order for the Offering came from Mr. J. Paul Austin III, who has been appointed to the Canstar board of [...]
Canstar Resources is pleased to announce its intention to complete non-brokered private placement financings for total gross proceeds of up to $735,000, consisting of up to 10,000,000 hard dollar units of the Company at a price of $0.03 per Hard Dollar Unit, up to 8,000,000 charity flow-through units at a price of $0.0325 per FT Unit, and up to [...]
Canstar Resources is pleased to announce that it has completed the compilation of a large amount of historic data relating to its claims in the vicinity of the historic Buchans Mine. The Buchans Mine operated for 58 years, processing 16.2 million tonnes of ore from five Volcanic-hosted Massive Sulphide ore bodies with an average grade of 14.5 [...]
Canstar Resources is pleased to announce that it has the fulfilled all of the requirements of an option agreement dated Sept 25, 2020, and that it has exercised the option to acquire 100% ownership of 47 licences totaling 2,446 claims, covering 61,150 ha. The Golden Baie Project remains subject to a 2.0% net smelter return royalty. Highlights of [...]
Canstar Resources is pleased to announce that it has received the results of a high resolution airborne magnetic-VLF survey conducted earlier this year on the Company's Facheux Bay target on the district-scale Golden Baie project. Golden Baie is located at the southern portion of the central Newfoundland orogenic gold belt. The airborne survey was [...]
Eric Sprott announces that on May 21, 2023, 10,527,000 common share purchase warrants of Canstar Resources Inc., expired unexercised representing a decrease in control of approximately 13.6% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr [...]