Canstar Resources Inc.

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 the Golden Baie Project Mineral Claims Acquired Multiple gold anomalies [...]

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 completed by ALS GoldSpot Discoveries Ltd. using its proprietary [...]

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. Sprott beneficially owned 27,863,339 Shares and 10,527,000 Warrants representing [...]

Canstar Resources is pleased to announce key gold exploration targets for the upcoming 2023 field season on the district-scale Golden Baie project in south-central Newfoundland. Regional exploration work done to date on the Golden Baie claims has identified extensive surface gold anomalies that span 100 km along the same major fault corridor as the Queensway project. The size and distribution of gold anomalies on the [...]

Canstar Resources announces that a total of 2,475,000 options to purchase common shares of the Company are being granted to officers, directors, contractors, and employees at an exercise price of $0.06 per share, expiring on March 24, 2028. The grant is subject to regulatory approval and vesting requirements. About Canstar Resources Inc. Canstar Resources has a very experienced technical team and board who are focused on [...]

Canstar is pleased to announce assay results from diamond drilling on its Golden Baie project in south-central Newfoundland, which took place in the fall of 2022. Drilling tested six target areas, including Kendell, Hillside, 97 West, Northbrush, Osprey, White Out and Wolf Pond along a ~15 km prospective trend. In total, 6,471 m were drilled in 51 holes. Notable drill intercepts are provided in Table 1 and full results [...]

Canstar Resources Inc. is pleased to provide an update on the ongoing exploration programs at its properties in southcentral Newfoundland. The diamond drilling program that commenced in mid-September is ongoing and expected to be completed at the end of this week. Assay results are pending from more than 50 drill holes in approximately 6,200 metres worth of drilling at the Kendell prospect and targets at Hillside-Skidder [...]

Canstar Resources Inc. reports the results from all matters submitted to shareholders at the Company's annual general meeting of shareholders held on December 5, 2022. All of the management nominees for election of director were elected and MNP LLP was re-appointed as the Company's auditor. The resolution pertaining to the approval of the rolling stock option plan of the Company was not approved by a majority of [...]

Canstar Resources Inc. is pleased to announce that it has commenced drilling on its Golden Baie project. This is the third drill program by the Company on the Golden Baie project. Planned drilling will test six target areas, including follow up on winter drilling at the Kendell prospect, which returned near-surface intercepts including 20.6 grams per tonne gold over 3.5 metres . To date, gold mineralization at the Kendell [...]

Canstar Resources Inc. is pleased to provide an update on gold exploration work on its properties. Since completing a successful winter drill program on the Kendell prospect in March, the Company's exploration team has been focused on regional exploration and drill target generation on the Hermitage, Swangers Cove and Golden Baie claim blocks. As of the end of July, approximately 42 stream sediment samples, 1,541 soil [...]