Canstar Joins the Newfoundland.Gold Alliance

Canstar Joins the Newfoundland.Gold Alliance

(TheNewswire)

Canstar Resources Inc.

Canstar Resources Inc. (TSXV:ROX ) ( OTC:CSRNF) ("Canstar" or the "Company") is pleased to announce that it has joined the Newfoundland.Gold marketing alliance of industry leaders. Newfoundland.Gold is a strategic marketing alliance comprised of gold exploration and mining companies focused on the advancement of the mineral sector in Canada's Newfoundland and Labrador province. Collectively these industry leaders are committed to bringing awareness to an exciting and supportive jurisdiction while generating shareholder value through responsible and innovative exploration and development

Rob Bruggeman, President & CEO of Canstar, commented: "Recent discoveries in central Newfoundland suggest that this region could be a major new Canadian gold district and we are excited to be a part of that.  Joining the Newfoundland.Gold marketing alliance will help us bring more attention to gold exploration activities taking place in Newfoundland.  The alliance also provides a platform for technical collaboration between member companies, which could help accelerate new gold discoveries."

About Canstar Resources Inc.

Canstar is focused on the discovery and development of economic mineral deposits in Newfoundland and Labrador, Canada. Canstar has an option to acquire a 100% interest in the Golden Baie Project, a large claim package (62,175 hectares) with recently discovered, multiple outcropping gold occurrences on a major structural trend in south Newfoundland. The Company also holds the Buchans-Mary March project and other mineral exploration properties in Newfoundland. Canstar Resources is based in Toronto, Canada, and is listed on the TSX Venture Exchange under the symbol ROX and trades on the OTCPK under the symbol CSRNF.

About Newfoundland.Gold

Newfoundland.Gold is a strategic marketing alliance comprised of gold exploration and mining companies focused on the advancement of the mineral sector in Canada's Newfoundland. Collectively these industry leaders are committed to bringing awareness to an exciting and supportive jurisdiction while generating shareholder value through responsible and innovative exploration and development.

Newfoundland.Gold is a member of a collective marketing alliance, NLMines.com, focused on bringing awareness to the collective exploration and mining industry in Canada's Newfoundland & Labrador. Newfoundland.Gold is open to all exploration and mining companies which have a primary focus on exploration or mining activities in Canada's Newfoundland.

For more information about Newfoundland.Gold:

214-304-9552

info@newfoundland.gold

www.newfoundland.gold

@GoldnNFLD

For further information, please contact:

Rob Bruggeman P.Eng., CFA

rob@canstarresources.com

www.canstarresources.com

@Canstar_ROX

Forward-Looking Statements

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This News Release includes certain "forward-looking statements" which are not comprised of historical facts. Forward looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Copyright (c) 2022 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

ROX:CA
The Conversation (0)
canstar ceo

Canstar Resources

Revitalizing Gold Exploration in Newfoundland

Canstar Drills 20.6 g/t Gold over 3.5 Metres at Kendell Prospect; Extends Mineralization Downdip by 80% to 180 Metres

Canstar Drills 20.6 g/t Gold over 3.5 Metres at Kendell Prospect; Extends Mineralization Downdip by 80% to 180 Metres

(TheNewswire) Includes 58.2 g/t Over 1.1 Metres Toronto, Ontario TheNewswire - July 5, 2022 Canstar Resources Inc. (TSXV:ROX ) & ( OTC:CSRNF) (" Canstar" or the "Company ") is pleased to announce new assay results for diamond drilling at the Kendell prospect on its Golden Baie property in... Keep Reading...
Canstar Announces Final 2021 Field Work Results, Commences 2022 Field Season at Golden Baie Project in Newfoundland

Canstar Announces Final 2021 Field Work Results, Commences 2022 Field Season at Golden Baie Project in Newfoundland

(TheNewswire) Four New Gold Targets Identified in 2021 13.1 g/t Au over 1.0 m in Channel Sample and 35.5 g/t Au in Grab Sample at 97 West Target 2022 Fully-funded Exploration Program is Largest Ever on Project Toronto, Ontario TheNewswire - June 7, 2022 Canstar Resources Inc. (TSXV:ROX ) & (... Keep Reading...
Canstar Announces Till Results with up to 502 Gold Grains and Additional Shallow High Grade Drill Results

Canstar Announces Till Results with up to 502 Gold Grains and Additional Shallow High Grade Drill Results

(TheNewswire) Toronto, Ontario TheNewswire - May 4, 2022 Canstar Resources INC. (TSXV:ROX ) & ( OTC:CSRNF) (" Canstar" or the "Company ") is pleased to announce assay results from the final 26 drill holes completed in 2021 and the results of the first systematic till sampling program on the... Keep Reading...
buchans homes for sale

Canstar Increases Winter Drill Program at Kendell Prospect

(TheNewswire) Toronto, Ontario TheNewswire - March 16, 2022 Canstar Resources Inc. (TSXV:ROX ) & ( OTC:CSRNF) (" Canstar" or the "Company ") is pleased to announce an update on the winter drill program at the Kendell prospect, located in the central portion of its Golden Baie claim block which... Keep Reading...
Canstar Intersects 11.8 g/t Gold over 5.7 Metres at Kendell, Commences Winter Drill Program

Canstar Intersects 11.8 g/t Gold over 5.7 Metres at Kendell, Commences Winter Drill Program

(TheNewswire) Toronto, Ontario February 8, 2022 TheNewswire - Canstar Resources Inc. (TSXV:ROX ) ( OTCPK:CSRNF) (" Canstar" or the "Company ") is pleased to announce additional assay results from 2021 drilling and channel sampling from the Kendell prospect at its Golden Baie project in south... Keep Reading...
Gold bars and silver coins scattered on a surface.

Gold Futures Hit US$4,000 for First Time, Silver Price Retreats

Gold marked a new price milestone on Tuesday (October 7), with futures breaking US$4,000 per ounce. The spot price also hit a fresh record, rising as high as US$3,990.74. The yellow metal's rise follows a summer of consolidation. After several months of relatively flat trading, the price began... Keep Reading...
Gold nuggets on dark ground.

Top 5 Junior Gold Mining Stocks on the TSXV in 2025

Both major and junior gold stocks are seeing heightened interest in 2025 amid a surging gold price, which has climbed more than 50 percent to nearly US$4,000 per ounce since the start of the year and set dozens of new record highs along the way.This staggering rise has been fueled by numerous... Keep Reading...

Latest Press Releases

Related News