Glenstar Completes Successful Initial Drill Program on Flagship Nickel-Copper-Cobalt Green Monster Property
A notable discovery in hole GMST-4 revealed oxide and sulfide mineralization from 150-300 feet down-hole at a magnetic high target. Hole GMST-5 intersected 35 feet of dolomite veining with fine-grained sulfide mineralization from 180-215 feet below surface.
The Green Monster Property consists of 35 federal lode claims (~700 acres) in Clark County, Nevada. Previous sampling in 2022 showed promising results, including channel samples with 3.77% Copper, 3.06% Nickel, 0.21% Cobalt, and 6.83% Zinc across 1.18 meters. The property is part of the larger Green Monster Fault Zone, spanning approximately 30 kilometers.
Una scoperta significativa nel foro GMST-4 ha rivelato mineralizzazione di ossidi e solfuri tra 150 e 300 piedi di profondità su un bersaglio ad alta magnetizzazione. Il foro GMST-5 ha intercettato 35 piedi di venature di dolomite con mineralizzazione di solfuri a grana fine da 180 a 215 piedi sotto la superficie.
La proprietà Green Monster comprende 35 concessioni federali lode (~700 acri) nella Contea di Clark, Nevada. I campionamenti precedenti del 2022 avevano mostrato risultati promettenti, inclusi campioni a canale con 3,77% di Rame, 3,06% di Nichel, 0,21% di Cobalto e 6,83% di Zinco su 1,18 metri. La proprietà fa parte della più ampia Green Monster Fault Zone, che si estende per circa 30 chilometri.
Un descubrimiento notable en el pozo GMST-4 reveló mineralización de óxidos y sulfuros desde 150 hasta 300 pies de profundidad en un objetivo de alta magnetización. El pozo GMST-5 intersectó 35 pies de vetas de dolomita con mineralización de sulfuros de grano fino desde 180 hasta 215 pies bajo la superficie.
La propiedad Green Monster consta de 35 reclamos federales lode (~700 acres) en el condado de Clark, Nevada. Muestreos previos en 2022 mostraron resultados prometedores, incluyendo muestras de canal con 3.77% de Cobre, 3.06% de Níquel, 0.21% de Cobalto y 6.83% de Zinc en 1.18 metros. La propiedad es parte de la mayor Green Monster Fault Zone, que se extiende aproximadamente 30 kilómetros.
GMST-4 시추공에서 150~300피트 깊이의 자기장이 높은 목표 지점에서 산화 및 황화 광물이 발견되었습니다. GMST-5 시추공은 지표면 아래 180~215피트 구간에서 미세 입자 황화광이 포함된 35피트 길이의 백운암 맥을 관통했습니다.
그린 몬스터 부지는 네바다 클라크 카운티에 위치한 35개의 연방 로드 청구지(약 700에이커)로 구성되어 있습니다. 2022년 이전 샘플링에서는 1.18미터 구간에서 구리 3.77%, 니켈 3.06%, 코발트 0.21%, 아연 6.83%의 유망한 결과가 나타났습니다. 이 부지는 약 30킬로미터에 걸친 더 큰 그린 몬스터 단층대의 일부입니다.
Une découverte notable dans le trou GMST-4 a révélé une minéralisation en oxydes et sulfures entre 150 et 300 pieds de profondeur sur une cible à forte anomalie magnétique. Le trou GMST-5 a intersecté 35 pieds de veines de dolomite avec une minéralisation en sulfures à grains fins entre 180 et 215 pieds sous la surface.
La propriété Green Monster comprend 35 concessions fédérales lode (~700 acres) dans le comté de Clark, Nevada. Des échantillonnages précédents en 2022 ont montré des résultats prometteurs, incluant des échantillons en canal avec 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 plus vaste zone de faille Green Monster, s'étendant sur environ 30 kilomètres.
Eine bemerkenswerte Entdeckung im Bohrloch GMST-4 zeigte Oxid- und Sulfidmineralisierung in einer Tiefe von 150 bis 300 Fuß an einem magnetischen Hochziel. Bohrloch GMST-5 schnitt 35 Fuß Dolomitverwitterung mit feinkörniger Sulfidmineralisierung in 180 bis 215 Fuß unter der Oberfläche an.
Das Green Monster-Gelände besteht aus 35 Bundes-Loderechten (~700 Acres) im Clark County, Nevada. Frühere Probenahmen im Jahr 2022 zeigten vielversprechende Ergebnisse, darunter Kanalproben mit 3,77 % Kupfer, 3,06 % Nickel, 0,21 % Kobalt und 6,83 % Zink über 1,18 Meter. Das Gelände ist Teil der größeren Green Monster-Verwerfungszone, die sich über etwa 30 Kilometer erstreckt.
- Discovery of oxide and sulfide mineralization in hole GMST-4 from 150-300 feet down-hole
- Significant intersection in hole GMST-5 with 35 feet of dolomite veining and sulfide mineralization
- Drill program completed under budget and ahead of schedule
- Previous channel sampling showed high-grade mineralization (3.77% Cu, 3.06% Ni, 0.21% Co, 6.83% Zn)
- Assay results from the drill program are still pending
- Property is still in early exploration stage with no resource estimates
- First-ever drilling on the property indicates limited historical exploration
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2025) - Glenstar Minerals Inc. (CSE: GSTR) (OTCQB: GSTRF) (FSE: VO20) ("Glenstar" or the "Company") announces that the initial drill program to ever be conducted on the Company's Green Monster property in southern Nevada has successfully completed, under budget and in less time than planned or anticipated. All samples were prepared for shipment and are being transported to ALS in Vancouver, B.C. to be assayed.
Midnight Sun Drilling Inc. ("MSD") utilized it's track mounted Grasshopper reverse circulation drill rig to test four (4) targets within a 100 square metre area that previous sampling work identified as containing significant Ni-Cu (Nickel-Copper) along with highly anomalous Co-Zn (Cobalt-Zinc), and one (1) target outside of the main target area to test an outcrop that sits on the top of a magnetic high.
In drill testing the magnetic high target in hole GMST-4, an oxide and sulfide mineralized sequence of rocks in the hanging wall of the Green Monster fault zone was discovered. The magnetic high was previously identified during Glenstar's exploration of the property in 2023, and the notable intersection occurs from 150 feet to 300 feet down-hole. This was a blind discovery that was revealed after encountering 100 feet of gravel cover.
All holes drilled intersected dolomite veining within the main Green Monster fault target zone, and the highlight of these intersections occurred in hole GMST-5 where 35 feet of dolomite veining with local fine-grained sulfide mineralization was logged from 180 to 215 below surface. This intersection is also noteworthy in that the dolomite veining has invaded the black limestone hanging wall of the fault.
According to Glenstar's project geologist Robert Marvin, "We are very pleased with the geologic results and operational excellence of this first round drill program at the Green Monster project. The dry reverse circulation drilling performed by the Grasshopper drill rig went extremely well and produced very high-quality samples for assay in a short amount of time. The dry drilling eliminated the need for drill water sumps and the need for a large footprint water truck. The cost savings are significant in both drill site construction and back-end reclamation of the sites, and we are particularly happy with the efficiency and effectiveness of the equipment and the professionalism of the Midnight Sun Drilling team."
Glenstar's Green Monster Property ties into the larger district scale Green Monster Fault Zone, which is approximately thirty (30) kilometres in length and well known for containing a preponderance of copper but has also shown a number of areas that are anomalous for nickel, cobalt and zinc. Results from previous field work indicated that the Green Monster Property is one of those significant prospective areas and assay results from the initial drill program will hopefully support the preliminary findings.
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. Until the recent drill program in May of 2025, no drilling was ever conducted on the property, but the Company's previous identification of robust nickel-copper with anomalous cobalt from sampling work done in 2022 indicated that several targets were 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
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 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. Mr. Marvin provides professional geological services to the Company as an independent contractor.
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.
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FAQ
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