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Glenstar Ventures (CSE: GSTR) (OTC: GSTRF) has received a drilling permit for its Green Monster Project in southwestern Nevada. The permit covers three sites allowing multiple holes per site, with the exact number pending finalization.
The property consists of 35 federal lode claims covering ~700 acres in Clark County, located approximately 40 miles southwest of Las Vegas. Historical workings include an 80-foot main vertical shaft with raised workings dating to the late 1800s and early 1900s.
Recent channel sampling revealed significant mineralization with 3.77% Copper, 3.06% Nickel, 0.21% Cobalt, and 6.83% Zinc across 1.18 meters. The property is adjacent to the historic Green Monster Mine, which produced over two million pounds of zinc. No previous drilling has been conducted on Glenstar's project, and the company's 2022 sampling work identified substantial nickel-copper deposits with anomalous cobalt.
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