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Canstar Resources is a junior exploration company focused on base and precious metal exploration in eastern Canada.
The Company's primary focus is on the Mary March Project located in the prolific Buchans area of Newfoundland. After a protracted legal dispute, Canstar regained full title to the property in November 2011. Exploration on the Mary March Project will begin in early 2012. The Mary March Extension property, owned 100% by Canstar, is comprised of 34 claims staked in two contiguous blocks that are located immediately west and north of the Mary March property. The property may cover the extension of the geological horizon hosting the Mary March base and precious metal mineralization and may also be included in the 2012 exploration program.
Other properties include the McFauld's Lake property, which comprises 70 claims covering 1,120 hectares of the McFauld's Lake volcanic belt, and is under an option-joint venture agreement with United Reef Limited. In addition, Canstar holds a 100% interest in the Shrimp Lake and Tahoe Lake VMS/gold properties north of Red Lake, Ontario, a 75% interest in the Slate Bay copper-gold project in Red Lake's "Mine Trend", and a 100% interest in the Miminiska gold property near Pickle Lake, Ontario.
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