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Canstar Ramps Up Critical Minerals Exploration With Initial Payment from $11.5M Strategic Exploration JV

Provided By GlobeNewswire

Last update: May 27, 2025

TORONTO, May 27, 2025 (GLOBE NEWSWIRE) -- (TSXV: ROX) (OTCPK: CSRNF) Canstar Resources Inc. is ramping up critical metals exploration in Newfoundland with the receipt of the initial $500,000 tranche of its previously announced $11.5M strategic exploration joint venture with VMS Mining Corporation (“VMSC”). The non-dilutive investment positions Canstar to aggressively pursue the discovery of new, high-grade polymetallic (copper-zinc-lead-gold-silver) mineralization at its Buchans and Mary March volcanogenic massive sulphide (“VMS”) projects, located in one of Canada's most prolific historic mining camps.

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