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Canstar Resources Inc

ROX Website
$0.07
$0.01 (16.67%) 24h
$0.00 (0.00%) 7d
Last updated: Oct 30, 2025, 5 p.m.

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Market Cap
$3,900,000
Volume (24h)
4,000
Day Range
$0.07 - $0.07
52-Week Range
$0.03 - $0.08

Company Overview

Canstar is focused on securing resilient critical materials supply chains through a hybrid strategy of intelligent exploration and disciplined acquisition. The company prioritizes proven deposit analogs, overlooked systems, and real discovery potential, driven by data rather than hype. They leverage top-tier technical expertise and a multi-factor methodology to acquire undervalued, yet technically robust assets, aiming to create value across various market cycles. Strategically, Canstar moves to acquire assets when they are inexpensive and capital is scarce, positioning itself for re-rating before broad market attention. The company employs joint ventures, earn-ins, and structured financing to protect its capital table while accelerating technical progress. This approach, combined with a proven team drawing experience from leading institutions and mining firms, ensures rigorous technical execution and strategic insight to drive returns. The company's core assets include the Mary March VMS Project, Buchans VMS Project, and the Golden Baie High-Grade Gold + Antimony Project, all located in Newfoundland, Canada. These projects represent significant polymetallic and gold-antimony potential, with some already demonstrating high-grade mineralization and past production history, setting the stage for future discoveries and development.

Latest News

Newsfile News Releases (MiningStocksNews)
Oct 30, 2025

Canstar Closes Oversubscribed Hard Dollar Financing, Strengthens Balance Sheet Ahead of 2026 Exploration Program

Canstar Resources raised about $1.17 million in a private placement, mainly from institutional investors, to fund exploration and corporate activities, emphasizing strategic growth.

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Aug 25, 2025

Canstar Announces Warrant Exercise Incentive Program

Canstar offers an incentive program for early warrant exercise, granting additional warrants and potential expiry acceleration based on share price performance.

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Aug 7, 2025

Canstar and VMS Mining Secure Key Permits, Advance Structural Mapping and Core Logging at Mary March VMS Project, Laying Foundation for Future Drill Program

Canstar initiates core mapping and geophysical surveys at its Mary March Project in Newfoundland to identify new VMS targets and enhance stratigraphic understanding.

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Apr 24, 2025

Canstar Announces AGSM Results, Adds Fortune 500 Executive to Board of Directors

Canstar Resources shareholders approved board changes, new director Nyla Gawel, auditor reappointment, stock option plan amendments, and new bylaws at the April 2025 meeting.

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Apr 22, 2025

Canstar Executes LOI for $11.5M Strategic Investment to Advance Critical Metals Projects

<img height="2" id="306" src="https://api.newsfilecorp.com/newsinfo/249335/306" style="width: 1px; height: 1px; border: 0px solid;" width="2" /><p>Toronto, Ontario--(Newsfile Corp. - April 22, 2025) - <b>CANSTAR RESOURCES INC. (TSXV: ROX) (OTC Pink: CSRNF) </b>executed a …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Mar 3, 2025

Canstar Launches Geophysics Program to Unlock High-Grade Potential of Historic Buchans Mining District, Announces Total of More than C$550,000 in Warrant Exercise Proceeds, and Provides Corporate Update

Canstar Resources Inc. has launched a geophysics program using advanced technology to explore high-grade precious and critical metals in the historic Buchans mining district, building on past surveys and aiming …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Nov 18, 2024

Canstar Adds U.S. National Security Strategist and Defense Tech Expert Dr. David Kilcullen to Advisory Board and Provides Corporate Update

Canstar Resources Inc. has added Dr. David Kilcullen, a global expert in national security, geopolitics, and defence technology, to its advisory board. This move is a significant step in the …

By Newsfile News Releases (MiningStocksNews)
Newsfile News Releases (MiningStocksNews)
Oct 30, 2024

Canstar Receives $410,000 from Early Warrant Exercises & Provides Corporate Updates

Canstar Resources Inc. has issued 8.2 million common shares to investors following the early exercise of warrants from its January 2024 financing, resulting in total proceeds of $410,000. The company …

By Newsfile News Releases (MiningStocksNews)

Analysis

No analysis found.

Buchans Project

Resource Defined 65.00% owned
Buchans Mining District, Newfoundland and Labrador, Canada
Copper

Historical VMS deposit with 23.4Mt at 2.1% CuEq, including past production of 16.2M tonnes mined at various grades. Recent exploration includes untested anomalies and geological modeling.

Buchans VMS Project

Early Stage Exploration 100.00% owned
Newfoundland, Canada

A 16 km² polymetallic VMS project, part of one of the richest VMS districts in the world. Historically, 16,198,876 tonnes were mined from five orebodies between 1928-1984 at exceptional grades …

Cape Ray Deposit

Resource Defined
Cape Ray Area, Newfoundland and Labrador, Canada
Antimony

Historical deposit with 2.2M tonnes averaging 3.99% Sb, a rare historical Sb producer.

Golden Baie

Resource Defined
Golden Baie Area, Newfoundland and Labrador, Canada
Gold

Gold and silver deposit acquired for C$345M in Nov 2023, with historical grades of 549 km2 area.

Golden Baie High-Grade Gold + Antimony Project

Early Stage Exploration 100.00% owned
Newfoundland, Canada

A 489.5 km² project with 90 km of strike on a major crustal-scale fault. Geological setting comparable to major gold mines like Queensway and Valentine Lake. Features over 100 bedrock …

Mary March

exploration
Mary March Area, Newfoundland and Labrador, Canada
Gold

Discovery hole with massive sulphide grading 0.64% Cu, 1.8% Pb, 10.1% Zn, 4.2 g/t Au, 122 g/t Ag.

Mary March VMS Project

Early Stage Exploration 100.00% owned
Newfoundland, Canada

A 122.5 km² polymetallic VMS project located 25 km east of the historic Buchans Mine in the Buchans Roberts Arm Belt. Features a discovery hole that intersected 9.63m grading 4.2 …

Executive Team

David Murray, P. Geo.
Project Geoscientist / Geomodeler
13 years of exploration and geological modeling experience, including leading generative exploration at Newmont’s Musselwhite Mine.
Dr. David Palmer, P.Geo
Technical & Strategic Advisor
25+ years in exploration, project evaluation, and development. Led discovery of Borden Lake Gold Deposit and Black Creek Chromite Deposit. …
Dr. Lawrence Winter, P.Geo, ICD.D
Technical & Strategic Advisor
20+ years in mineral project evaluation and exploration, based in St. John’s, Newfoundland.
Juan Carlos Giron Jr.
President & CEO
15 years of experience in strategy, finance, management and corporate. Previous roles include President & CFO of NYSE Amex-listed gold …
Nyla Beth Gawel
Technical & Strategic Advisor
No biographical info provided.
Paul Ténière, P.Geo.
Sr. Vice President, Exploration
25 years of global experience in exploration and geological modeling, including leading generative exploration at Newmont’s Musselwhite Mine. Industry expert …
William P. Upshur Corwin Northcott, P. Geo.
Executive Vice President & CFO
Senior Geophysicist with 18 years of experience. Led redesign of US Army’s counterinsurgency framework. 20+ years designing and managing exploration …

Board of Directors

James Clare
Esq. Director 20 years+ experie
Dr. Jacqueline Allison, CFA, P.Geo, CDI.D
Chairwoman
CFA, P.Geo, CDI.D
J. Paul Austin III
Director
Neil Burns, P.Geo
Director
P.Geo
Rob Bruggeman, CFA
Director
CFA
Data extracted from presentation dated Oct. 15, 2025

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