Drill Results
Glenstar Hires Alloy Drilling for Phase 2 Drill Program at Green Monster Project

GSTR · Price
Executive Summary
- Glenstar Minerals hired Alloy Drilling to execute its Phase 2 reverse‑circulation drill program at the Green Monster Project (9 holes, ~300 m strike length).
- Drill locations will be refined after receipt of a Hybrid‑Source Audio‑Magnetotellurics (HSAMT) survey report from Hasbrouck Geophysics.
- The company extended its marketing/ investor‑awareness engagement with Altura Media for an additional CDN$250,000.
Key Details
- Drill Contractor: Alloy Drilling (Elko, NV) – will mobilize mid‑December; program slated to finish before the Christmas holiday.
- Program Scope: 9 RC holes across four sites:
- 2 holes near Phase 1 primary drill area
- 3 holes in the “discovery” zone ~150 m west of Phase 1 site
- 2 holes each at two additional western targets along a presumed east‑west mineralized belt
- Exploration Footprint: Approximately 300 m of strike length, covering ~13 HSAMT lines spaced 50 m apart over the target zone.
- Survey Integration: Final drill hole locations, angles, and depths will be determined using the HSAMT survey data (mid‑Nov acquisition).
- CEO Comment: Dave Ryan highlighted anticipation of HSATMT results to optimize drilling and confirmed the schedule.
- Altura Media Extension: Additional CDN$250 k for continued digital advertising, PR, and shareholder communications; no securities will be issued as compensation.
- Project Background: Green Monster Property (~700 acres, 35 federal lode claims) hosts historic nickel‑copper‑cobalt mineralization with recent surface sampling showing up to 3.77 % Cu, 3.06 % Ni, 0.21 % Co, and 6.83 % Zn.
Notable Quotes
“The Company is very much looking forward to getting the results of the HSAMT survey, which will be incorporated into our process of determining the final drill location plan.” – Dave Ryan, President & CEO
Materiality Assessment: Non‑Material – Positive (operational update with no immediate financial impact but indicative of continued exploration activity).
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Jun 25, 2026 · 08:30