Canstar Resources Inc.

Canstar Resources Inc. has received a drill permit for its Phase 1 drill program at its flagship Mary March volcanogenic massive sulphide Project in the Buchans District, in central Newfoundland. The Company has reviewed multiple proposals from Newfoundland-based drill contractors and expects to award a contract in the coming days, with drilling planned to commence in the summer 2026 field season. Exploration work has [...]

Targets underexplored potential northern extension of gold-rich VMS belt Canstar Resources Inc. has executed a non-binding letter of intent with Lithological Opportunities Ltd. to acquire a 100% interest in three exploration licenses in the northern Skellefte district of Sweden , covering approximately 310km2/ 31,000 hectares of the volcanic belt. Sweden holds a top-10 ranking within the Fraser Institute's global Mining [...]

Canstar Resources Inc. has entered into an option agreement dated January 16, 2026 with Eagleridge International Limited to acquire a 100% undivided interest in mineral licence 006894M located adjacent to the Company's Mary March Project in central Newfoundland . The Eagleridge Claims directly adjoin Mary March at Beothuk Lake and extend Canstar's tenure across the projected eastern continuation of the Mary March-Nancy [...]

Receives Additional $1M Non-Dilutive Payment, Advances Mary March Toward Fully Funded 2026 Drill Program Canstar Resources Inc. executed the final definitive joint venture agreement with VMS Mining Corporation for the advancement of the Mary March volcanogenic massive sulphide project in central Newfoundland. Pursuant to the agreement, Canstar will receive an additional C$1.0 million non-dilutive1 cash payment within five [...]

Canstar Resources has executed a binding Letter of Intent with Churchill Resources for an option agreement that unlocks the value of its Golden Baie gold-antimony project while strengthening Canstar's capital position and strategic focus. Under the option, which will allow CRI to earn a 100% interest in Golden Baie, Canstar will receive up to 9.99% ownership in CRI through fixed-percentage share issuances, retain a 0.5 [...]

Canstar Resources Inc. reports that its 2025 field season in Newfoundland has concluded and its Winter 2025/2026 technical program is now underway, with the objective of commencing exploration drilling at the start of the 2026 exploration season, subject to permitting and final program design. Winter work includes additional data integration and interpretation of newly collected and compiled geological, geochemical [...]

Canstar Resources Inc. is pleased to provide an update on its collaboration with Terra AI "Terra"), a Silicon Valley-based company applying machine learning to accelerate mineral exploration. The two companies announced a Letter of Intent in June 2025 to apply Terra's proprietary AI technology to Canstar's projects in Newfoundland. The LOI has since been extended as the parties continue to develop a detailed mandate for a [...]

Canstar Resources Inc. has closed the non-brokered private placement originally announced on September 23, 2025. The Offering raised total gross proceeds of $1,169,970.54, with $1.15 million attributable to non-flow-through units. The hard-dollar financing was oversubscribed and was comprised almost entirely of institutional investors, reflecting strong demand for quality exploration exposure in Newfoundland. Including [...]

Canstar Resources Inc. reports that the 2025 trenching program at Canstar's Mary March project, located in Newfoundland's historic Buchans Mining District, has advanced to the final stages. Trenching exposed more than 20 metres of footwall mineralization, containing thin lenses of high-grade base metal mineralization in bedrock. Identification of copper-, lead- and zinc-rich zones is encouraging as they potentially [...]

Canstar Resources Inc. completed its early warrant exercise incentive program , as originally described in the Company's press release dated August 25, 2025, with 100% of its outstanding warrants exercised . Under the Incentive Program, a total of 10,357,369 common shares of the Company were issued upon the exercise of 10,357,369 previously outstanding common share purchase warrants, resulting in aggregate gross proceeds [...]