NSS
First, geophysical images in the new presentation look like a high correlation between surface samples/channel cut data and the subsurface views. How much of your confidence in successful drill results comes from this new geological view?
I’m not a geologist. I study the data from Canstar and compare it to neighbouring operations who share similar geology. The link below may help.
https://www.oma.on.ca/en/ontariomining/resources/2016-Advanced-Exploration-Projects.pdf
Look at our nearest neighbour:
Goldcorp-Red Lake -Overview & Operating Highlights
Our Canadian cornerstone, amongst the world’s richest gold mines.
Red Lake is located in one of the world’s most prolific gold districts. In 2015, gold production totaled 375,700 ounces. The High Grade Zone is the backbone of the Red Lake operation, with an average grade of more than two ounces of gold per tonne. Recent investments in infrastructure and development have positioned this renowned mine for many more years of long-term sustainable production
https://www.firstminingfinance.com/projects-portfolio/canadian-projects/cameron-gold-project
http://www.newgold.com/projects/rainyriver/Geology-and-Mineralization/default.aspx
Spend some time reviewing neighbouring operations. Look for similarities.
Second, the property outlines show what seems to be gaps in Canstar's position. Am I interpreting that right? If so, are they looking to add to their land position?
There are many reasons for gaps in the land position maps. It would be best to direct the question to Daniel. Adding more land is always an option. It's best to get all you can before coming out with big news.
From what I can tell all indicators point to a “NEW” gold discovery in Kenora. You can always make $$ after the news but its best to get in early. I purchased Probe Mines when the price was <$0.10/share. When Goldcorp gave me $5.00/share I was thrilled! Canstar is an exciting play that is currently flying under the radar. Not for too long.
Rosehill
