Glenstar Minerals Hires Midnight Sun Drilling Inc. for First Ever Drill Program on Nickel-Copper-Cobalt Green Monster Property
Glenstar Minerals (GSTRF) has hired Midnight Sun Drilling (MSD) to conduct its first-ever drill program at the Green Monster Property in southwestern Nevada. The drilling aims to explore Nickel-Copper-Cobalt mineralization previously identified through field activities.
The Green Monster Property consists of 35 federal lode claims covering approximately 700 acres in Clark County, located 40 miles southwest of Las Vegas. MSD, a drilling company with over 50 years of experience and offices in Yukon Territory, Alaska, and Nevada, was selected for their expertise and specialized equipment.
Previous exploration work in 2022 included reconnaissance geologic mapping, surface rock sampling, soil sampling, and a drone magnetic survey. Notable results from channel sampling across a raise off the main shaft showed 3.77% Copper, 3.06% Nickel, 0.21% Cobalt, and 6.83% Zinc over 1.18 meters. The company plans to announce the initial drill program's extent and start date soon.
Glenstar Minerals (GSTRF) ha incaricato Midnight Sun Drilling (MSD) di realizzare il suo primo programma di perforazione presso la Green Monster Property nel sud-ovest del Nevada. L'obiettivo delle perforazioni è esplorare la mineralizzazione di Nichel-Rame-Cobalto precedentemente individuata attraverso attività sul campo.
La Green Monster Property comprende 35 concessioni federali di tipo lode, che coprono circa 700 acri nella contea di Clark, a 40 miglia a sud-ovest di Las Vegas. MSD, una società di perforazioni con oltre 50 anni di esperienza e uffici nel territorio dello Yukon, in Alaska e in Nevada, è stata scelta per la sua competenza e per l'attrezzatura specializzata.
Le ricerche precedenti del 2022 includevano mappature geologiche di ricognizione, campionamenti di rocce superficiali, campionamenti del suolo e un'indagine magnetica con drone. I risultati più significativi dai campionamenti a canale su un pozzo laterale rispetto al pozzo principale hanno mostrato 3,77% di Rame, 3,06% di Nichel, 0,21% di Cobalto e 6,83% di Zinco su 1,18 metri. La società prevede di annunciare presto l'estensione e la data di inizio del programma di perforazione iniziale.
Glenstar Minerals (GSTRF) ha contratado a Midnight Sun Drilling (MSD) para llevar a cabo su primer programa de perforación en la Green Monster Property en el suroeste de Nevada. El objetivo de la perforación es explorar la mineralización de Níquel-Cobre-Cobalto identificada previamente mediante actividades de campo.
La Green Monster Property consta de 35 concesiones federales tipo lode que cubren aproximadamente 700 acres en el condado de Clark, ubicado a 40 millas al suroeste de Las Vegas. MSD, una empresa de perforación con más de 50 años de experiencia y oficinas en el Territorio de Yukon, Alaska y Nevada, fue seleccionada por su experiencia y equipo especializado.
Los trabajos de exploración previos en 2022 incluyeron mapeo geológico de reconocimiento, muestreo de rocas superficiales, muestreo de suelo y un estudio magnético con drones. Resultados destacados de muestreos en canal a lo largo de un levantamiento lateral del pozo principal mostraron 3,77% de Cobre, 3,06% de Níquel, 0,21% de Cobalto y 6,83% de Zinc en 1,18 metros. La empresa planea anunciar pronto la extensión y fecha de inicio del programa inicial de perforación.
글렌스타 광물회사 (GSTRF)는 미드나잇 선 드릴링 (MSD)을 고용하여 네바다 남서부에 위치한 그린 몬스터 광산 부지에서 최초의 시추 프로그램을 진행합니다. 이번 시추는 현장 활동을 통해 이전에 확인된 니켈-구리-코발트 광물화를 탐사하는 것을 목표로 합니다.
그린 몬스터 광산 부지는 라스베이거스에서 남서쪽으로 40마일 떨어진 클락 카운티에 약 700에이커에 달하는 35개의 연방 로드 광산권으로 구성되어 있습니다. MSD는 50년 이상의 경험과 유콘 준주, 알래스카, 네바다에 사무소를 둔 시추 전문 회사로, 전문 지식과 특수 장비를 갖추고 있어 선정되었습니다.
2022년 이전 탐사 작업에는 정밀 지질 조사, 지표 암석 샘플링, 토양 샘플링, 드론을 이용한 자기 조사 등이 포함되었습니다. 주요 갱도 측면에서 채널 샘플링 결과 구리 3.77%, 니켈 3.06%, 코발트 0.21%, 아연 6.83%가 1.18미터 구간에서 확인되었습니다. 회사는 초기 시추 프로그램의 범위와 시작 날짜를 곧 발표할 예정입니다.
Glenstar Minerals (GSTRF) a engagé Midnight Sun Drilling (MSD) pour réaliser son tout premier programme de forage sur la Green Monster Property dans le sud-ouest du Nevada. Le forage vise à explorer la minéralisation de Nickel-Cuivre-Cobalt identifiée précédemment lors d’activités sur le terrain.
La Green Monster Property comprend 35 concessions fédérales de type lode couvrant environ 700 acres dans le comté de Clark, situé à 40 miles au sud-ouest de Las Vegas. MSD, une entreprise de forage forte de plus de 50 ans d’expérience et disposant de bureaux dans le territoire du Yukon, en Alaska et au Nevada, a été choisie pour son expertise et son équipement spécialisé.
Les travaux d’exploration antérieurs en 2022 comprenaient une cartographie géologique de reconnaissance, des prélèvements de roches en surface, des échantillonnages de sols et une enquête magnétique par drone. Des résultats remarquables issus d’échantillons en canal sur une galerie latérale du puits principal ont révélé 3,77% de cuivre, 3,06% de nickel, 0,21% de cobalt et 6,83% de zinc sur 1,18 mètre. La société prévoit d’annoncer prochainement l’étendue et la date de début du programme de forage initial.
Glenstar Minerals (GSTRF) hat Midnight Sun Drilling (MSD) beauftragt, das erste Bohrprogramm auf dem Green Monster Property im Südwesten Nevadas durchzuführen. Ziel der Bohrungen ist die Erkundung der zuvor durch Feldarbeiten identifizierten Nickel-Kupfer-Kobalt-Mineralisierung.
Das Green Monster Property umfasst 35 Bundes-Lode-Claims auf etwa 700 Acres im Clark County, etwa 40 Meilen südwestlich von Las Vegas. MSD, ein Bohrunternehmen mit über 50 Jahren Erfahrung und Niederlassungen im Yukon-Territorium, Alaska und Nevada, wurde aufgrund seiner Expertise und spezialisierten Ausrüstung ausgewählt.
Frühere Erkundungsarbeiten im Jahr 2022 umfassten geologische Übersichtsvermessungen, Probenahmen von Oberflächenfelsen, Bodenproben und eine magnetische Drohnenbefliegung. Bemerkenswerte Ergebnisse aus Kanalproben an einem Seitenstollen des Hauptschachts zeigten 3,77% Kupfer, 3,06% Nickel, 0,21% Kobalt und 6,83% Zink über 1,18 Meter. Das Unternehmen plant, bald den Umfang und den Starttermin des ersten Bohrprogramms bekannt zu geben.
- First-ever drilling program to commence on previously undrilled property
- Strong initial sampling results showing high-grade mineralization (3.77% Cu, 3.06% Ni, 0.21% Co, 6.83% Zn)
- Experienced drilling contractor (MSD) with 50+ years of operations secured
- Property remains in early exploration stage with no proven reserves
- Timing and extent of drilling program still not finalized
Vancouver, British Columbia--(Newsfile Corp. - April 22, 2025) - Glenstar Minerals Inc. (CSE: GSTR) (OTCQB: GSTRF) (FSE: VO2) ("Glenstar" or the "Company") announces that, further to its news release of February 10, 2025, whereby the Company stated it had been granted a permit to conduct a drill program on the Green Monster Project in southwestern Nevada, it has hired Midnight Sun Drilling Inc. ("MSD") to conduct drilling on the property to uncover the extent of the Nickel-Copper-Cobalt mineralization thus far discovered through various field exploration activities.
MSD is a well-established drilling company in business for over 50 years, with offices in Canada's Yukon Territory, Alaska, and Nevada. They have been involved in multiple cost-effective drilling projects all over the world and were chosen by Glenstar due to their experience and specialized equipment that is most appropriate for the Green Monster property.
The Company expects to finalize the extent of this initial drill program and its start date in the coming days and will report on this in a subsequent news release.
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
About Glenstar Minerals Inc.
Glenstar is a mineral exploration company with a focus on the exploration and discovery of polymetallic mineral deposits. The Green Monster Project shows mineralization that contains several important elements classified as critical, and 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" Following its successful IPO, Glenstar has 24,082,379 shares issued and outstanding.
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.SEDAR.com, 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/249248
FAQ
What are the initial sampling results from Glenstar Minerals' (GSTRF) Green Monster Property?
Where is GSTRF's Green Monster Property located and what is its size?
What exploration work has GSTRF completed at Green Monster Property in 2022?
Why did GSTRF choose Midnight Sun Drilling for the Green Monster project?
