Drilling to Commence on Glenstar's Nickel-Copper-Cobalt Green Monster Property in Nevada
Glenstar Minerals (GSTRF) is set to commence its first-ever drilling program at the Green Monster Property in southern Nevada on May 14, 2025. The program will utilize Midnight Sun Drilling's Grasshopper Rig to drill five holes, with depths ranging from 90 to 200 meters. The property, comprising 35 federal lode claims covering ~700 acres, is located in Clark County.
Previous sampling work in 2022 revealed significant mineral content, with channel sampling returning 3.77% Copper, 3.06% Nickel, 0.21% Cobalt, and 6.83% Zinc across 1.18 meters. The property is part of the Green Monster Fault Zone, a 30-kilometer stretch known for copper deposits with areas showing high nickel, cobalt, and zinc anomalies. The drilling program is expected to take 10-14 days, after which samples will be sent to ALS Geochemistry in Vancouver for assaying.
Glenstar Minerals (GSTRF) inizierà il suo primo programma di perforazione presso la Green Monster Property nel sud del Nevada il 14 maggio 2025. Il programma utilizzerà la trivella Grasshopper di Midnight Sun Drilling per effettuare cinque fori, con profondità comprese tra 90 e 200 metri. La proprietà, che comprende 35 concessioni federali di lode per circa 700 acri, si trova nella contea di Clark.
Le analisi effettuate nel 2022 hanno evidenziato un contenuto minerale significativo, con campionamenti a canale che hanno restituito 3,77% di Rame, 3,06% di Nichel, 0,21% di Cobalto e 6,83% di Zinco su una lunghezza di 1,18 metri. La proprietà fa parte della Green Monster Fault Zone, una zona lunga 30 chilometri nota per depositi di rame, con aree che mostrano anomalie elevate di nichel, cobalto e zinco. Il programma di perforazione dovrebbe durare tra i 10 e i 14 giorni, dopo i quali i campioni saranno inviati alla ALS Geochemistry di Vancouver per le analisi.
Glenstar Minerals (GSTRF) comenzará su primer programa de perforación en la Green Monster Property en el sur de Nevada el 14 de mayo de 2025. El programa utilizará el equipo Grasshopper de Midnight Sun Drilling para perforar cinco pozos con profundidades que varían entre 90 y 200 metros. La propiedad, que comprende 35 reclamos federales de veta que cubren aproximadamente 700 acres, está ubicada en el condado de Clark.
El muestreo realizado en 2022 reveló un contenido mineral significativo, con muestreos de canal que arrojaron 3,77% de Cobre, 3,06% de Níquel, 0,21% de Cobalto y 6,83% de Zinc a lo largo de 1,18 metros. La propiedad forma parte de la Green Monster Fault Zone, un tramo de 30 kilómetros conocido por depósitos de cobre con áreas que muestran anomalías elevadas de níquel, cobalto y zinc. Se espera que el programa de perforación dure entre 10 y 14 días, tras lo cual las muestras serán enviadas a ALS Geochemistry en Vancouver para su análisis.
글렌스타 마이너럴스 (GSTRF)는 2025년 5월 14일 네바다 남부에 위치한 그린 몬스터 부동산에서 첫 시추 프로그램을 시작할 예정입니다. 이 프로그램은 Midnight Sun Drilling의 Grasshopper 시추기를 사용하여 깊이 90미터에서 200미터 사이의 다섯 개의 시추공을 뚫을 예정입니다. 약 700에이커에 달하는 35개의 연방 광맥 청구권으로 구성된 이 부동산은 클라크 카운티에 위치해 있습니다.
2022년 이전 샘플링 작업에서 구리 3.77%, 니켈 3.06%, 코발트 0.21%, 아연 6.83%의 유의미한 광물 함량이 1.18미터 구간에서 채널 샘플링을 통해 확인되었습니다. 이 부동산은 구리 광상이 알려진 30킬로미터 길이의 그린 몬스터 단층대에 속하며, 니켈, 코발트, 아연의 높은 이상 징후가 나타나는 지역도 포함되어 있습니다. 시추 프로그램은 10~14일 정도 소요될 예정이며, 이후 샘플은 밴쿠버의 ALS Geochemistry로 보내져 분석될 예정입니다.
Glenstar Minerals (GSTRF) débutera son tout premier programme de forage sur la Green Monster Property dans le sud du Nevada le 14 mai 2025. Le programme utilisera la foreuse Grasshopper de Midnight Sun Drilling pour forer cinq trous, avec des profondeurs variant de 90 à 200 mètres. La propriété, composée de 35 concessions fédérales couvrant environ 700 acres, est située dans le comté de Clark.
Les travaux d'échantillonnage réalisés en 2022 ont révélé une teneur minérale significative, avec des prélèvements en canal montrant 3,77% de cuivre, 3,06% de nickel, 0,21% de cobalt et 6,83% de zinc sur 1,18 mètre. La propriété fait partie de la Green Monster Fault Zone, une zone de faille de 30 kilomètres connue pour ses gisements de cuivre, avec des secteurs présentant des anomalies élevées de nickel, cobalt et zinc. Le programme de forage devrait durer entre 10 et 14 jours, après quoi les échantillons seront envoyés à ALS Geochemistry à Vancouver pour analyse.
Glenstar Minerals (GSTRF) wird am 14. Mai 2025 sein erstes Bohrprogramm auf dem Green Monster Property im Süden Nevadas starten. Das Programm wird die Grasshopper-Bohranlage von Midnight Sun Drilling einsetzen, um fünf Bohrlöcher mit Tiefen zwischen 90 und 200 Metern zu bohren. Das Grundstück umfasst 35 Bundes-Liegenschaftsansprüche auf etwa 700 Acres und befindet sich im Clark County.
Frühere Probenahmen im Jahr 2022 zeigten einen bedeutenden Mineralgehalt, wobei Kanalproben 3,77% Kupfer, 3,06% Nickel, 0,21% Kobalt und 6,83% Zink über 1,18 Meter ergaben. Das Grundstück ist Teil der Green Monster Fault Zone, einer 30 Kilometer langen Zone, die für Kupferlagerstätten bekannt ist und Bereiche mit hohen Nickel-, Kobalt- und Zinkanomalien aufweist. Das Bohrprogramm wird voraussichtlich 10-14 Tage dauern, danach werden die Proben zur Analyse an ALS Geochemistry in Vancouver geschickt.
- First-ever drilling program to commence on previously undrilled property with promising mineral deposits
- Previous channel sampling showed high-grade mineralization: 3.77% Cu, 3.06% Ni, 0.21% Co, and 6.83% Zn
- Property is part of the larger Green Monster Fault Zone, known for significant copper deposits
- Cost-effective drilling approach using versatile Grasshopper Rig suitable for remote areas
- Early-stage exploration project with no proven reserves
- Limited drilling program of only 5 holes
- Results from drilling won't be immediately available as samples need to be sent for assaying
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2025) - Glenstar Minerals Inc. (CSE: GSTR) (OTCQB: GSTRF) (FSE: VO2) ("Glenstar" or the "Company") announces that, further to its news release of April 22, 2025, whereby the Company announced it had contracted Midnight Sun Drilling Inc. ("MSD") to conduct the first ever drill program on the Company's Green Monster Property in southern Nevada, drilling will begin on Wednesday May 14, 2025.
The Glenstar geological team determined that MSD's Grasshopper Rig is ideal for the initial drill program at Green Monster due to its compact size and versatility, ability to function dry or with very little water usage, and its cost effectiveness. The Grasshopper is a track mounted reverse circulation drill that is specifically designed for use in remote areas and is capable of reaching a drill depth of up to 200 metres (660 feet). The capabilities of this drilling rig align with the initial drill plan of five (5) holes; two (2) of which will be at a depth of ~90 metres (~300 feet), and two (2) at a depth of ~200 metres (~660 feet). These holes will test an anomalous area that covers 100 square metres at the base of a minerally significant hill, and each drill hole will be placed at a predetermined angle of between 45º and 65º.
Hole number five (5) will step out from the primary four (4) hole drill block and is designed to test an outcrop that sits on the top of a magnetic high that registered during previous field work. This hole is planned to be vertical in nature and will extend to a depth ~200 metres (~660 feet). This drill program is expected to take approximately ten (10) to fourteen (14) days to complete, after which the samples will be prepped for shipment to ALS Geochemistry in Vancouver to be assayed.
The Green Monster Property ties into the larger district scale Green Monster Fault Zone, which is approximately thirty (30) kilometres lin length and well known for containing a preponderance of copper but has also shown a number of areas that are highly anomalous for nickel, cobalt and zinc. Results from previous field work indicate that Glenstar's Green Monster Property is one of those areas.
Project Background & Recent Exploration Work
The Green Monster Property is comprised of 35 federal lode claims covering ~700 acres located in Clark County, Nevada, on the west trending spur of the Spring Mountains and is approximately 40 miles southwest of Las Vegas. No drilling has ever been conducted on the property, but the Company's identification of robust nickel-copper with highly anomalous cobalt from sampling work done in 2022 indicates that several targets are ideal for shallow RC drilling.
Glenstar acquired the Green Monster Property and conducted initial groundwork in 2022 that included reconnaissance geologic mapping, surface rock sampling, soil sampling, and a drone magnetic survey. Channel sampling across the exposed back of a raise off the main shaft returned 1.18 meters of
Sampling of oxide and sulfide bearing boulders directly downhill of the patented workings has confirmed the presence of very high zinc (>
About Glenstar Minerals Inc.
Glenstar is a mineral exploration company with a focus on polymetallic minerals. These elements are classified as critical minerals and are essential in the manufacturing of sophisticated electronics and other vital energy technologies. The Company's mission is to leverage its knowledge and connections to explore, acquire, and develop critical mineral and energy metal properties in predominant jurisdictions in North America, and throughout the world.
Glenstar's shares trade on the Canadian Securities Exchange (CSE) under the symbol "GSTR", on the Frankfurt Stock Exchange under the symbol "VO2", and on the Over-the-Counter market (OTCQB) in the United States under the symbol "GSTRF".
Robert Marvin, P.Geo (ONT) is the Qualified Person as defined by National Instrument 43-101 who has examined the property and directed all exploration activities on the property since initial staking in January 2022.
ON BEHALF OF THE BOARD
David Ryan
President & CEO
Further information regarding the Company can be found on SEDAR at www.sedarplus.ca, by visiting the Company's website www.glenstar.ca or by contacting the Company directly at 604-449-2810.
Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This release may contain certain forward‐looking statements with respect to the financial condition, results of operations and business of the Company and certain of the plans and objectives of the Company with respect to the same. By their nature, forward‐looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward‐looking statements.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This release may contain statements within the meaning of safe harbour provisions as defined under securities laws and regulations.
We seek safe harbour.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252070
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