Glenstar Intersects over 30% Zinc and 5.7 oz/t Silver Within a 10 Metre Zone of Strong Polymetallic Mineralization at Green Monster Project
Glenstar Minerals (OTCQB: GSTRF) has announced significant drill results from its Green Monster Property in Clark County, Nevada. The company's first drill program revealed impressive mineralization in hole GMST-4, intersecting a 10-metre wide zone containing over 30% zinc and 5.7 oz/t silver, along with notable nickel (523 ppm), cobalt (91.9 ppm), and copper (>0.36%).
The new polymetallic zone, discovered 150 metres from the primary target area, was found at depths between 131-142 metres. The mineralization occurs in the hanging wall of the Green Monster Fault Zone, representing a significant expansion of the project's potential. The property, comprising 35 federal lode claims covering ~700 acres, is part of the 30-kilometre Green Monster Fault Zone, known for zinc mineralization with anomalous nickel, cobalt, and copper presence.
Results from four additional drill holes are pending, and the company is now planning Phase 2 drilling to expand the newly discovered hanging wall zone.
Glenstar Minerals (OTCQB: GSTRF) ha annunciato risultati significativi di perforazione dalla sua proprietà Green Monster nella contea di Clark, Nevada. Il primo programma di perforazione dell'azienda ha rivelato una mineralizzazione impressionante nel foro GMST-4, intercettando una zona larga 10 metri contenente oltre il 30% di zinco e 5,7 oz/t di argento, insieme a quantità notevoli di nichel (523 ppm), cobalto (91,9 ppm) e rame (>0,36%).
La nuova zona polimetallica, scoperta a 150 metri dall'area obiettivo principale, è stata individuata a profondità comprese tra 131 e 142 metri. La mineralizzazione si trova nel mantello sospeso della Green Monster Fault Zone, rappresentando un'espansione significativa del potenziale del progetto. La proprietà, che comprende 35 concessioni federali di lode per circa 700 acri, fa parte della Green Monster Fault Zone lunga 30 chilometri, nota per la mineralizzazione di zinco con presenza anomala di nichel, cobalto e rame.
I risultati di altri quattro fori di perforazione sono in attesa e l'azienda sta ora pianificando una seconda fase di perforazione per espandere la nuova zona nel mantello sospeso.
Glenstar Minerals (OTCQB: GSTRF) ha anunciado resultados significativos de perforación en su propiedad Green Monster en el condado de Clark, Nevada. El primer programa de perforación de la compañía reveló una mineralización impresionante en el pozo GMST-4, intersectando una zona de 10 metros de ancho con más del 30% de zinc y 5.7 oz/t de plata, junto con cantidades notables de níquel (523 ppm), cobalto (91.9 ppm) y cobre (>0.36%).
La nueva zona polimetálica, descubierta a 150 metros del área objetivo principal, se encontró a profundidades entre 131 y 142 metros. La mineralización ocurre en el muro colgante de la Green Monster Fault Zone, representando una expansión significativa del potencial del proyecto. La propiedad, que comprende 35 concesiones federales de veta que cubren aproximadamente 700 acres, forma parte de la Green Monster Fault Zone de 30 kilómetros, conocida por la mineralización de zinc con presencia anómala de níquel, cobalto y cobre.
Se esperan los resultados de cuatro perforaciones adicionales y la compañía ahora planea una fase 2 de perforación para expandir la nueva zona en el muro colgante.
Glenstar Minerals (OTCQB: GSTRF)는 네바다주 클라크 카운티에 위치한 그린 몬스터 부동산에서 중요한 시추 결과를 발표했습니다. 회사의 첫 시추 프로그램에서 GMST-4 시추공에서 폭 10미터 구간에 30% 이상의 아연과 5.7 온스/톤 은이 포함된 인상적인 광화대를 발견했으며, 니켈(523 ppm), 코발트(91.9 ppm), 구리(>0.36%)도 주목할 만한 수치를 보였습니다.
새롭게 발견된 다금속 구간은 주요 목표 구역에서 150미터 떨어진 곳에서 131~142미터 깊이 사이에서 확인되었습니다. 이 광화대는 그린 몬스터 단층대의 행잉 월(상벽)에 위치하며, 프로젝트의 잠재력을 크게 확장하는 의미를 갖습니다. 이 부동산은 약 700에이커에 걸쳐 35개의 연방 로드 채굴권으로 구성되어 있으며, 30킬로미터 길이의 그린 몬스터 단층대의 일부로 아연 광화와 함께 니켈, 코발트, 구리의 이상 징후가 알려져 있습니다.
추가로 4개의 시추공 결과가 대기 중이며, 회사는 새로 발견된 행잉 월 구간을 확장하기 위한 2단계 시추를 계획 중입니다.
Glenstar Minerals (OTCQB : GSTRF) a annoncé des résultats significatifs de forage sur sa propriété Green Monster dans le comté de Clark, Nevada. Le premier programme de forage de la société a révélé une minéralisation impressionnante dans le trou GMST-4, interceptant une zone de 10 mètres de large contenant plus de 30 % de zinc et 5,7 oz/t d'argent, ainsi que des quantités notables de nickel (523 ppm), cobalt (91,9 ppm) et cuivre (>0,36 %).
La nouvelle zone polymétallique, découverte à 150 mètres de la zone cible principale, a été trouvée à des profondeurs comprises entre 131 et 142 mètres. La minéralisation se situe dans le mur suspendu de la Green Monster Fault Zone, représentant une expansion significative du potentiel du projet. La propriété, comprenant 35 concessions fédérales couvrant environ 700 acres, fait partie de la Green Monster Fault Zone longue de 30 kilomètres, connue pour sa minéralisation en zinc avec une présence anormale de nickel, cobalt et cuivre.
Les résultats de quatre autres trous de forage sont en attente, et la société prévoit désormais une phase 2 de forage pour étendre la nouvelle zone du mur suspendu.
Glenstar Minerals (OTCQB: GSTRF) hat bedeutende Bohrergebnisse von seinem Green Monster Grundstück im Clark County, Nevada, bekannt gegeben. Das erste Bohrprogramm des Unternehmens zeigte beeindruckende Mineralisierung im Bohrloch GMST-4, das eine 10 Meter breite Zone mit über 30% Zink und 5,7 oz/t Silber durchteufte, sowie bemerkenswerte Mengen an Nickel (523 ppm), Kobalt (91,9 ppm) und Kupfer (>0,36%).
Die neue polymetallische Zone, entdeckt 150 Meter vom Hauptzielbereich entfernt, wurde in Tiefen zwischen 131 und 142 Metern gefunden. Die Mineralisierung befindet sich im Hangenden der Green Monster Fault Zone und stellt eine bedeutende Erweiterung des Projektpotenzials dar. Das Grundstück umfasst 35 Bundes-Lode-Claims mit etwa 700 Acres und ist Teil der 30 Kilometer langen Green Monster Fault Zone, die für Zinkmineralisierung mit anomalem Nickel-, Kobalt- und Kupfervorkommen bekannt ist.
Ergebnisse von vier weiteren Bohrlöchern stehen noch aus, und das Unternehmen plant nun eine zweite Bohrphase, um die neu entdeckte Zone im Hangenden zu erweitern.
- Discovery of new high-grade polymetallic zone with >30% zinc and 5.7 oz/t silver
- Significant mineralization found outside primary target area, expanding project potential
- Previous channel sampling showed high-grade results: 3.77% Cu, 3.06% Ni, 0.21% Co, and 6.83% Zn
- Property is strategically located 40 miles from Las Vegas with 700 acres of claims
- Drill hole GMST-4 only grazed the edge of the magnetic subsurface feature, not hitting its center
- Property remains in early exploration stage with no historical drilling
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2025) - Glenstar Minerals Inc. (CSE: GSTR) (OTCQB: GSTRF) (FSE: VO20) ("Glenstar" or the "Company") is pleased to announce that the first assay results from the initial drill program that was conducted on the Company's Green Monster Property in mid-May of 2025. Hole GMST-4 was meant to test a magnetic high that was previously identified during the Company's exploration field work of the property in 2023.
The new zone is approximately 10 metres (32 feet) wide and is centered on a very high-grade zinc occurrence that is >
This new zone is completely open and represents a significant increase to the target size of the project.
This new zone of polymetallic mineralization was discovered approximately 150 metres from the primary target area where 4 holes were drilled within a 100 sq. metre (1,076 sq. ft.) footprint that previous sampling work identified as containing significant Ni-Cu (Nickel-Copper) along with anomalous Co-Zn (Cobalt-Zinc). Assay results for the additional four holes drilled at the Green Monster Property are pending and will be released upon final receipt.
According to Glenstar's project geologist Bob Marvin, "The importance of discovering this strong mineralization in a different stratigraphic unit that is outside of the primary target area in this first round of drilling cannot be overstated. We are extremely happy with what we found in this step-out hole and are now planning Phase 2 drilling, which will focus on expanding the new hanging wall zone and testing the continuation along strike and at depth."
While this drill hole GMST-4 was intended to test a magnetic high, site and drilling conditions resulted in the hole barely grazing the southeast edge of the magnetic subsurface feature. Phase 2 will include plans to drill the center of the high. The assays from the Green Monster Project clearly show a similar suite of important metals similar to the target Desert Valley Prospect as opposed to the mineralization at the nearby Green Monster Mine which is essentially a zinc only ore body.
Glenstar's Green Monster Property ties into the larger district scale Green Monster Fault Zone, which is approximately 30 kilometres (18.6 miles) in length and well known for containing a preponderance of zinc, but has also shown a number of areas that are significantly anomalous for nickel, cobalt and copper. Results from previous field work indicated that the Green Monster Property is one of those prospective areas, and the assay results, thus far, from this initial drill program appear to support the preliminary findings from earlier exploration activities.
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 highly 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 and is the independent consulting geologist for Glenstar Minerals Inc., who has examined the Green Monster and Wildhorse properties on the ground numerous times since 2022 and 2024 respectively; and has reviewed the geological information available from private and public sources related to the properties, and is responsible for approving the technical contents of this press release.
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.
Cautionary Statement Regarding Forward-Looking Information Certain information contained in this news release constitutes "forward-looking information" or "forward-looking statements" (collectively, "forward- looking information"). Without limiting the foregoing, such forward-looking information includes statements regarding the process and completion of any Offering, the use of proceeds of the Offering and any statements regarding the Company's business plans, expectations and objectives. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking information.
Forward-looking information should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Mineral exploration is subject to risks and uncertainties and there is no assurance that any potential results or findings that may be suggested in this press release will ultimately happen. Forward-looking information is based on information available at the time and/or the Company management's good faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see the Company's most recent Management's Discussion and Analysis and financial statements and other documents filed by the Company with the Canadian securities commissions and the discussion of risk factors set out therein. Such documents are available at www.sedar.com under the Company's profile and on the Company's website. The forward-looking information set forth herein reflects the Company's expectations as at the date of this news release and is subject to change after such date.
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/258984
FAQ
What were the key findings in Glenstar's (GSTRF) Green Monster drilling results?
Where is Glenstar's (GSTRF) Green Monster Property located?
What is the significance of Glenstar's (GSTRF) new mineralization discovery?
What are Glenstar's (GSTRF) next steps for the Green Monster Project?
What were the historical sampling results at Glenstar's (GSTRF) Green Monster Property?
