Canstar Resources' Strategic Joint Venture with VMS Mining Corporation

In this episode, we have a returning guest who appeared in Jan 2025 (Episode 497), Juan Carlos, President and CEO of Canstar Resources, a TSX-Venture listed junior miner focused on mineral exploration in Newfoundland, Canada. Juan has 15 years of experience in executive management, capital markets, finance, and commercial and strategic development. Juan gives us an update on proceedings since we last spoke, their new JV agreement, VMS deposits, and why they are attractive propositions, their recently launched deep geophysics survey update, and discusses their unique board and what they bring to the company and much more. KEY TAKEAWAYS Canstar Resources has entered a significant joint venture with VMS Mining Corporation, which involves a phased investment totalling $11.5 million for a 60% ownership stake in Canstar's VMS assets. This structure is designed to be non-dilutive for existing shareholders. The Buchans District in Newfoundland is historically significant for its high-grade VMS deposits. Canstar's projects, Buchans and Mary March, are located in this area, which has seen limited exploration using modern geophysical techniques, suggesting substantial untapped potential. Canstar is also exploring its Golden Baie project, which has significant antimony potential. Antimony is critical for military and high-tech applications, and its rising demand presents a strategic opportunity for the company. Canstar plans to advance its exploration programs at both the Buchans and Mary March projects, with ongoing geophysical surveys and drilling activities. The company aims to execute its strategy efficiently in 2025, leveraging its partnerships and expertise to drive discoveries. BEST MOMENTS "Canstar Resources is a TSX-V listed junior that's focused on transforming neglected mineral systems into strategic assets for the next supercycle."  "This joint venture... is non-dilutive and it's serious capital in the ground on an accelerated basis, really looking for a tier one discovery."  "VMS deposits are very interesting in part because they're polymetallic... they give you economic flexibility and exposure to not only critical metals, but also precious metals."  "The best place to look for a new deposit is in the shadow of the headframe."  "Antimony is a mineral that is absolutely critical for military and high technology applications."  VALUABLE RESOURCES Mail:        [e-mail] LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org This episode is sponsored by Hawcroft, leaders in property risk management since 1992. They offer: Insurance risk surveys recognised as an industry standard Construction risk reviews Asset criticality assessments and more Working across over 600 sites globally, Hawcroft supports mining, processing, smelting, power, refining, ports, and rail operations. For bespoke property risk management services, visit www.hawcroft.com GUEST SOCIALS LinkedIn: ○          Canstar: https://ca.linkedin.com/company/canstar-resources ○          JCG: https://www.linkedin.com/in/jcgironjr/ ○          Will Upshur: https://www.linkedin.com/in/willupshur/ X (Twitter): https://x.com/Canstar_Rox Contacts: JCG: [e-mail] Will: [e-mail] https://www.canstarresources.com/ ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations i