CSRNF - Canstar Joins the Newfoundland.Gold Alliance
(TheNewswire)
Toronto, Ontario - TheNewswire - January 19, 2022 - CANSTAR RESOURCES INC.(TSXV:ROX ) ( OTC:CSRNF) (“Canstar” or the "Company") ispleased to announce that it has joined the Newfoundland.Gold marketingalliance of industry leaders. Newfoundland.Gold is a strategicmarketing alliance comprised of gold exploration and mining companiesfocused on the advancement of the mineral sector in Canada’sNewfoundland and Labrador province. Collectively these industryleaders are committed to bringing awareness to an exciting andsupportive jurisdiction while generating shareholder value throughresponsible and innovative exploration and development.
Rob Bruggeman, President & CEO of Canstar,commented: “Recent discoveries in central Newfoundland suggest thatthis region could be a major new Canadian gold district and we areexcited to be a part of that. Joining the Newfoundland.Goldmarketing alliance will help us bring more attention to goldexploration activities taking place in Newfoundland. The alliancealso provides a platform for technical collaboration between membercompanies, which could help accelerate new gold discoveries.”
About Canstar Resources Inc.
Canstar is focused on the discovery and development ofeconomic mineral deposits in Newfoundland and Labrador, Canada.Canstar has an option to acquire a 100% interest in the Golden BaieProject, a large claim package (62,175 hectares) with recentlydiscovered, multiple outcropping gold occurrences on a majorstructural trend in south Newfoundland. The Company also holds theBuchans-Mary March project and other mineral exploration properties inNewfoundland. Canstar Resources is based in Toronto, Canada, and islisted on the TSX Venture Exchange under the symbol ROX and trades onthe OTCPK under the symbol CSRNF.
About Newfoundland.Gold
Newfoundland.Gold is a strategic marketing alliancecomprised of gold exploration and mining companies focused on theadvancement of the mineral sector in Canada’s Newfoundland.Collectively these industry leaders are committed to bringingawareness to an exciting and supportive jurisdiction while generatingshareholder value through responsible and innovative exploration anddevelopment.
Newfoundland.Gold is a member of a collective marketingalliance, NLMines.com, focused on bringing awareness to the collectiveexploration and mining industry in Canada’s Newfoundland &Labrador. Newfoundland.Gold is open to all exploration and miningcompanies which have a primary focus on exploration or miningactivities in Canada’s Newfoundland.
For more information aboutNewfoundland.Gold:
214-304-9552
info@newfoundland.gold
www.newfoundland.gold
@GoldnNFLD
For further information, pleasecontact:
Rob Bruggeman P.Eng., CFA
@Canstar_ROX
Forward-Looking Statements
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
This News Release includes certain“forward-looking statements” which are not comprised of historicalfacts. Forward looking statements include estimates and statementsthat describe the Company’s future plans, objectives or goals,including words to the effect that the Company or management expects astated condition or result to occur. Forward looking statements may beidentified by such terms as “believes”, “anticipates”,“expects”, “estimates”, “may”, “could”, “would”,“will”, or “plan”. Since forward-looking statements are basedon assumptions and address future events and conditions, by their verynature they involve inherent risks and uncertainties. Although thesestatements are based on information currently available to theCompany, the Company provides no assurance that actual results willmeet management’s expectations. Risks, uncertainties and otherfactors involved with forward-looking information could cause actualevents, results, performance, prospects and opportunities to differmaterially from those expressed or implied by such forward-lookinginformation. Forward looking information in this news releaseincludes, but is not limited to, the Company’s objectives, goals orfuture plans, statements, exploration results, potentialmineralization, the estimation of mineral resources, exploration andmine development plans, timing of the commencement of operations andestimates of market conditions. Factors that could cause actualresults to differ materially from such forward-looking informationinclude, but are not limited to failure to identify mineral resources,failure to convert estimated mineral resources to reserves, theinability to complete a feasibility study which recommends aproduction decision, the preliminary nature of metallurgical testresults, delays in obtaining or failures to obtain requiredgovernmental, environmental or other project approvals, politicalrisks, inability to fulfill the duty to accommodate First Nations andother indigenous peoples, uncertainties relating to the availabilityand costs of financing needed in the future, changes in equitymarkets, inflation, changes in exchange rates, fluctuations incommodity prices, delays in the development of projects, capital andoperating costs varying significantly from estimates and the otherrisks involved in the mineral exploration and development industry, aninability to predict and counteract the effects of COVID-19 on thebusiness of the Company, including but not limited to the effects ofCOVID-19 on the price of commodities, capital market conditions,restriction on labour and international travel and supply chains, andthose risks set out in the Company’s public documents filed onSEDAR. Although the Company believes that the assumptions and factorsused in preparing the forward-looking information in this news releaseare reasonable, undue reliance should not be placed on suchinformation, which only applies as of the date of this news release,and no assurance can be given that such events will occur in thedisclosed time frames or at all. The Company disclaims any intentionor 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.
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