Northwire Canada EditionThursday, August 6, 2026
Northwire
IVN 11.40 −0.2% HHH 4.38 +11.2% FMN 0.265 +0.0% OMM 0.065 +30.0% DYG 0.130 +0.0% GTC 0.720 +1.4% DLTA 0.185 +2.8% GOFL 0.025 +0.0% NVX 0.250 +25.0% TRCG 0.190 +0.0% LGO 0.990 +0.0% FL 0.440 +2.3% EAU 0.080 +0.0% LBNK 0.530 +8.2% DEC 0.070 +0.0% ABI 0.070 +0.0% IVN 11.40 −0.2% HHH 4.38 +11.2% FMN 0.265 +0.0% OMM 0.065 +30.0% DYG 0.130 +0.0% GTC 0.720 +1.4% DLTA 0.185 +2.8% GOFL 0.025 +0.0% NVX 0.250 +25.0% TRCG 0.190 +0.0% LGO 0.990 +0.0% FL 0.440 +2.3% EAU 0.080 +0.0% LBNK 0.530 +8.2% DEC 0.070 +0.0% ABI 0.070 +0.0%
Drill Results

Phase 2 Drill Program Commences at Green Monster Project in Nevada

GSTR · Price

Executive Summary

  • Glenstar Minerals has commenced its Phase 2 reverse‑circulation drill program at the Green Monster Project in Nevada, targeting nine holes across four locations.
  • The program focuses on a newly identified “discovery zone” 150 m west of the Phase 1 drill area, where Phase 1 intersected high‑grade zinc (>30%) and notable silver (5.7 oz/t) mineralization.
  • Phase 2 drilling follows recent HSAMT geophysical work and aims to test extensions of the east‑west trending mineralized belt and further delineate the discovery zone.

Key Details

  • Drill Contractor: Alloy Drilling (Elko, NV) mobilized crew/equipment over the weekend.
  • Drill Method: Track‑mounted reverse circulation (RC).
  • Total Holes Planned: 9 holes; 4 target areas covering ~300 m of strike length.
  • 2 holes re‑drilling near Phase 1 primary hole.
  • 3 holes in the “discovery zone” located ~150 m west of Phase 1 site.
  • 2 holes each at two additional sites further west along the presumed mineralized belt.
  • Geophysical Basis: Hole locations derived from November HSAMT survey conducted by Hasbrouck Geophysics (see Oct 29, 2025 release).
  • Phase 1 Highlights (May 2025):
  • ~10 m wide zone intersected at 131‑142 m depth.
  • Zinc >30%; silver up to 177 ppm (5.7 oz/t); nickel 523 ppm (.0523%); cobalt 91.9 ppm (.0019%); copper >0.36%.
  • Historical Context: No prior drilling on the Green Monster Property before May 2025; earlier work (2022‑2024) identified robust Ni‑Cu‑Co and high Zn‑Ag from surface sampling and drone magnetic surveys.
  • Property Description: 35 federal lode claims (~700 acres) in Clark County, NV, ~40 mi SW of Las Vegas on the west spur of the Spring Mountains.
  • Management Quote (CEO Dave Ryan): “We are pleased to begin the Phase 2 drill program at Green Monster before the Christmas holiday…particularly what we will see from the three holes planned at the ‘discovery zone’.”

Notable Quotes

  • Dave Ryan, President & CEO: “This is a very exciting time for Glenstar and its shareholders.”
Read the original news release →

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