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Nelligan Property,
Northwestern Québec
All development funded by our partner
IAMGOLD Corporation
Vast auriferous hydrothermal system offering a
potential of multi-million gold ounces
May 2019
• Shares issued : 47 913 328
• Warrants: 400 000
• Options : 4 575 000
• Fully diluted : 52 240 840
• High / Low : $0.36 – $0.065
• Hard Cash Position : $2 500 000
• Auditor : Brunet, Roy, Dubé, CPA
• Phone number : 819-763-5096
• Email address : gmvanstar@gmail.com
• Website : www.vanstarmining.com
2TSX – VSR.V
CORPORATE
May 2019
3
Directors & Managers
Guy Morissette, CEO & President.
Gary Claytens, B.Econ., VP Public Relations Western Canada
Michel Perron CFO
Eric Gervais, adm
Éric Beauchesne, adm
Martin Richard, adm
Pascal Germain,adm
Jonathan Hamel, adm
Advisors
Mackenzie (Mac) Watson , Canadian mining Hall of Fame
Gilles Laverdière, Geologist
DIRECTORS & ADVISORS
TSX – VSR.V
Introduction
• IAMGOLD can earn up to 80% interest ( based feasibility study )
• Vanstar can be diluted to 20% NET CARRIED INTEREST + 1% NSR
• IAMGOLD funds development through to production
• More than $8 millions spent since 2013
• Discovery of 4 major gold zones (Renard, Liam, Dan and 36 )
• Presence of a vast auriferous hydrothermal system
• Highlight hole intersected : 3,31 gt/Au over 82.60 metres
• Diamond drill campaign 2019 – pending results of 17,650 m
• Renard gold strike potential over 3-4 kilometres along low-mag corridor
• Liam, Dan and 36 gold zones associated with major faults
• Gold zones are still open in all directions
4
Work Done % In Progress ( 2013 to
2019 )• Diamond drilling
99 holes totalling over 37,000 metres ( 2013 to 2018 )
Diamond drill 2019 : 17,650 m for 50 holes – pending results
Goals 2019 : 43-101 resources evaluation & deposit design
• Geophysical surveys
Airborne Survey
Mag survey
IP survey
Down hole Pulse EM
• Geochemistry
MMI Orientation soil survey
Litho-geochemistry of core
5
6
NELLIGAN PROJECT
7
LIAM ZONE
NE-13-08: 4.69 gt/Au over 11.60 m
RENARD ZONE
NE-18-84 :3.31 gt/Au over 82,60 m
NE-19-113 :56.46 g/t Au over 6 m
NE-19-114 :4.04 g/t Au over 16.7 m
36 zone
NE-16-36: 3,20 gt/Au over 17.87 m
DAN ZONE
E-15-25: 9,58 gt/Au over 6.00 m
3D GOLD ZONES MODEL
600 m
200 m
8
2018 Diamond drills results
Holes NE-18-69 to NE-18-79
NELLIGAN PROJECT
9
2018 Diamond drills results
Holes NE-18-80 to Holes NE-18-89
NELLIGAN PROJECT
10
2018 Diamond drills results
Holes NE-18-90 to NE-18-99
NELLIGAN PROJECT
NE-19-103
23.8 m grading 2.20 g/t Au
Incl.3.75 m / 5.92 g/t Au
Incl. 5.30 m / 3.92 g/t Au
Incl. 2.00 m / 8.20 g/t Au
11
NE-19-105
26.15 m grading 1.69 g/t Au
Incl. 9.15 m / 3.68 g/t Au
41.6m grading 1.18 g/t Au
Incl.15.10 m / 2.12g/t Au
NE-19-113
11.20 m grading 3.39 g/t Au
Incl 3.60 m / 7.65 g/t Au
6 m grading 56.49 g/t Au
Incl 1.5m / 224 g/t AuNELLIGAN
HOLES NE-19-100 to NE-19-121
NE-19-102
37.09 m grading 1.81 g/t Au
Incl 6.75 m / 2.82 g/t Au
Incl 3.01 m / 3.81 g/t Au
Incl 9.81 m / 2.73 g/t Au
NE-19-114
16.70 m grading 4.04 g/t Au
Incl. 7.73 m / 7.02 g/t Au
Incl. 1 m / 38.50 g/t Au
Et 28.42 m grading 2.11 g/t Au
Incl. 5 m / 7.05 g/t Au
Et 45.85m grading 1.04 g/t Au
Incl. 3.67 m / 3.85 g/t Au
Et 22.50 m grading 1.04 g/t Au
Location & Geophysical area
• Located 40 km south of
Chapais.
• 158 claims covering 8,216 ha
• Good infrastructure
• Mining history in the area
• Mining friendly
• Project accessible year round
12
Monster Lake
(IAMGOLD-Tomagold)
Nelligan
)
Kapunapotagan Corridor
Caopatina
Tonalite
Chevrier & Chevrier South
295,000oz @ 2.0 g/t Au
& 540,000 oz @ 2.0 g/t Au
Phillibert
220,000 oz Au
Lac Meston
240,000 oz Au
Guercheville Corridor
Chibougamau
Nelligan Project
13
Renard Gold Zones
Liam and Dan gold zones
36 Gold zone
Gold horizons, Mag
anomalies &
Main gold zones on
Nelligan Project
IP anomalie and Gold Zones
14
NELLIGAN PROJECT
IAMGOLD-Vanstar Earn-In Agreement
IP OreVision - Chargeability
NE-15-26 NE-16-37 NE-16-39NE-16-35NE-16-34NE-13-04Li-14-22
200m
SSE NNW
ENELiam
shearProjection
NE-14-26 LI-14-22 LI-14-21
NE-13-07
NE-13-04 NE-16-37NE-16-34 NE-16-39NE-16-35
15
VISIBLE GOLD FROM THE RENARD
ZONE
5.04 gt/Au over 12.12 m
Core Pictures
16
LIAM ZONE: < Cherty Zone >
DAN ZONE: Brecciated conglomerate, injected with QZ-CB
Fine diss. PY (tr to 15%) and in stringers in a
cherty unit locally hematized. Adjacent units
are FE-rich greywackes with local
conglomerates and in an intensely silicified
zone.
Highly brecciated conglomerate, fissured,
hematized and injected with QZ-CB veins.
PY is very fine (tr – 2%). Non-magnetic
when highly hematized.
RENARD ZONE: Quartz-Carbonate Facies
Heterogeneous ribboned QZ-CB-PY units.
Diss. and stringers of PY sub-parallel to the
main foliation.
17
This PRESENTATION contains forward-looking statements. All statements, other than of historical fact, that address
activities, events or developments that the Company believes, expects or anticipates will or may occur in the future
(including, without limitation, statements regarding expected, estimated or planned gold production, cash costs, margin
expansion, capital expenditures and exploration expenditures and statements regarding the estimation of mineral
resources, exploration results, potential mineralization, potential mineral resources and mineral reserves) are
forward-looking statements. Forward-looking statements are generally identifiable by use of the words “will”,
“should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “to earn”, “to have’, “plan” or “project” or
the negative of these words or other variations on these words or comparable terminology. Forward-looking statements
are subject to a number of risks and uncertainties, many of which are beyond the Company’s ability to control or
predict, that may cause the actual results of the Company to differ materially from those discussed in the
forward-looking statements. Factors that could cause actual results or events to differ materially from current
expectations include, among other things, without limitation, failure to meet expected, estimated or planned gold
production, cash costs, margin expansion, capital expenditures and exploration expenditures and failure to establish
estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's
expectations, changes in world gold markets and other risks. Any forward-looking statement speaks only as of the date
on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or
obligation to update any forward-looking statement.
FORWARD LOOKING STATEMENT

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Vanstar Mining Corporate Presentation - VSR.V - May 2019

  • 1. Nelligan Property, Northwestern Québec All development funded by our partner IAMGOLD Corporation Vast auriferous hydrothermal system offering a potential of multi-million gold ounces May 2019
  • 2. • Shares issued : 47 913 328 • Warrants: 400 000 • Options : 4 575 000 • Fully diluted : 52 240 840 • High / Low : $0.36 – $0.065 • Hard Cash Position : $2 500 000 • Auditor : Brunet, Roy, Dubé, CPA • Phone number : 819-763-5096 • Email address : gmvanstar@gmail.com • Website : www.vanstarmining.com 2TSX – VSR.V CORPORATE May 2019
  • 3. 3 Directors & Managers Guy Morissette, CEO & President. Gary Claytens, B.Econ., VP Public Relations Western Canada Michel Perron CFO Eric Gervais, adm Éric Beauchesne, adm Martin Richard, adm Pascal Germain,adm Jonathan Hamel, adm Advisors Mackenzie (Mac) Watson , Canadian mining Hall of Fame Gilles Laverdière, Geologist DIRECTORS & ADVISORS TSX – VSR.V
  • 4. Introduction • IAMGOLD can earn up to 80% interest ( based feasibility study ) • Vanstar can be diluted to 20% NET CARRIED INTEREST + 1% NSR • IAMGOLD funds development through to production • More than $8 millions spent since 2013 • Discovery of 4 major gold zones (Renard, Liam, Dan and 36 ) • Presence of a vast auriferous hydrothermal system • Highlight hole intersected : 3,31 gt/Au over 82.60 metres • Diamond drill campaign 2019 – pending results of 17,650 m • Renard gold strike potential over 3-4 kilometres along low-mag corridor • Liam, Dan and 36 gold zones associated with major faults • Gold zones are still open in all directions 4
  • 5. Work Done % In Progress ( 2013 to 2019 )• Diamond drilling 99 holes totalling over 37,000 metres ( 2013 to 2018 ) Diamond drill 2019 : 17,650 m for 50 holes – pending results Goals 2019 : 43-101 resources evaluation & deposit design • Geophysical surveys Airborne Survey Mag survey IP survey Down hole Pulse EM • Geochemistry MMI Orientation soil survey Litho-geochemistry of core 5
  • 7. 7 LIAM ZONE NE-13-08: 4.69 gt/Au over 11.60 m RENARD ZONE NE-18-84 :3.31 gt/Au over 82,60 m NE-19-113 :56.46 g/t Au over 6 m NE-19-114 :4.04 g/t Au over 16.7 m 36 zone NE-16-36: 3,20 gt/Au over 17.87 m DAN ZONE E-15-25: 9,58 gt/Au over 6.00 m 3D GOLD ZONES MODEL 600 m 200 m
  • 8. 8 2018 Diamond drills results Holes NE-18-69 to NE-18-79 NELLIGAN PROJECT
  • 9. 9 2018 Diamond drills results Holes NE-18-80 to Holes NE-18-89 NELLIGAN PROJECT
  • 10. 10 2018 Diamond drills results Holes NE-18-90 to NE-18-99 NELLIGAN PROJECT
  • 11. NE-19-103 23.8 m grading 2.20 g/t Au Incl.3.75 m / 5.92 g/t Au Incl. 5.30 m / 3.92 g/t Au Incl. 2.00 m / 8.20 g/t Au 11 NE-19-105 26.15 m grading 1.69 g/t Au Incl. 9.15 m / 3.68 g/t Au 41.6m grading 1.18 g/t Au Incl.15.10 m / 2.12g/t Au NE-19-113 11.20 m grading 3.39 g/t Au Incl 3.60 m / 7.65 g/t Au 6 m grading 56.49 g/t Au Incl 1.5m / 224 g/t AuNELLIGAN HOLES NE-19-100 to NE-19-121 NE-19-102 37.09 m grading 1.81 g/t Au Incl 6.75 m / 2.82 g/t Au Incl 3.01 m / 3.81 g/t Au Incl 9.81 m / 2.73 g/t Au NE-19-114 16.70 m grading 4.04 g/t Au Incl. 7.73 m / 7.02 g/t Au Incl. 1 m / 38.50 g/t Au Et 28.42 m grading 2.11 g/t Au Incl. 5 m / 7.05 g/t Au Et 45.85m grading 1.04 g/t Au Incl. 3.67 m / 3.85 g/t Au Et 22.50 m grading 1.04 g/t Au
  • 12. Location & Geophysical area • Located 40 km south of Chapais. • 158 claims covering 8,216 ha • Good infrastructure • Mining history in the area • Mining friendly • Project accessible year round 12 Monster Lake (IAMGOLD-Tomagold) Nelligan ) Kapunapotagan Corridor Caopatina Tonalite Chevrier & Chevrier South 295,000oz @ 2.0 g/t Au & 540,000 oz @ 2.0 g/t Au Phillibert 220,000 oz Au Lac Meston 240,000 oz Au Guercheville Corridor Chibougamau Nelligan Project
  • 13. 13 Renard Gold Zones Liam and Dan gold zones 36 Gold zone Gold horizons, Mag anomalies & Main gold zones on Nelligan Project
  • 14. IP anomalie and Gold Zones 14 NELLIGAN PROJECT IAMGOLD-Vanstar Earn-In Agreement IP OreVision - Chargeability NE-15-26 NE-16-37 NE-16-39NE-16-35NE-16-34NE-13-04Li-14-22 200m SSE NNW ENELiam shearProjection NE-14-26 LI-14-22 LI-14-21 NE-13-07 NE-13-04 NE-16-37NE-16-34 NE-16-39NE-16-35
  • 15. 15 VISIBLE GOLD FROM THE RENARD ZONE 5.04 gt/Au over 12.12 m
  • 16. Core Pictures 16 LIAM ZONE: < Cherty Zone > DAN ZONE: Brecciated conglomerate, injected with QZ-CB Fine diss. PY (tr to 15%) and in stringers in a cherty unit locally hematized. Adjacent units are FE-rich greywackes with local conglomerates and in an intensely silicified zone. Highly brecciated conglomerate, fissured, hematized and injected with QZ-CB veins. PY is very fine (tr – 2%). Non-magnetic when highly hematized. RENARD ZONE: Quartz-Carbonate Facies Heterogeneous ribboned QZ-CB-PY units. Diss. and stringers of PY sub-parallel to the main foliation.
  • 17. 17 This PRESENTATION contains forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding expected, estimated or planned gold production, cash costs, margin expansion, capital expenditures and exploration expenditures and statements regarding the estimation of mineral resources, exploration results, potential mineralization, potential mineral resources and mineral reserves) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “to earn”, “to have’, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to meet expected, estimated or planned gold production, cash costs, margin expansion, capital expenditures and exploration expenditures and failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world gold markets and other risks. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement. FORWARD LOOKING STATEMENT