Northwire Canada EditionSaturday, July 11, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

Glenstar to Conduct Shear-Wave Seismic Survey at Green Monster Project Following Successful Phase 2 Drill Program

Early-stage polymetallic explorer advancing Green Monster and Wildhorse projects in Nevada amid lower-than-expected assay grades.

By The Northwire Desk — AI Analysis Jun 25, 2026 · 08:30 GSTR · 0.19 Glenstar Minerals Inc.
Executive Summary
  • Glenstar Minerals announces a Terren shear-wave seismic survey at its Green Monster Project in Nevada, commencing June 29, 2026.
  • The survey will deploy four velocity cross sections along 2,400 ft arrays to image bedrock depth, faults, voids, and alteration zones down to 600 ft.
  • The geophysical work follows Phase 2 drilling (6 holes, ~3,320 ft) which confirmed polymetallic mineralization but returned grades lower than anticipated.
  • Management cites significant geological complexity and highly fractured rock as the primary drivers for needing advanced imaging to guide future exploration.
  • Next steps involve tying survey interpretation to existing subsurface data to determine the scope and direction of the next drilling phase.
Material Impact
  • The announcement represents a standard technical follow-up to Phase 2 drilling results. It does not introduce new financial metrics, resource estimates, or operational milestones.
  • The survey is a logical de-risking step given the lower-than-expected grades and complex geology encountered in Phase 2. It extends the exploration timeline rather than accelerating it.
  • No immediate impact on cash flow or capital requirements is disclosed, though the survey itself represents incremental exploration spend.
  • The market likely already priced in the necessity of further geophysics following the April 2026 update on disappointing Phase 2 grades.
GSTR · Price
Company Overview
  • Glenstar Minerals is a junior exploration company focused on two primary assets in Nevada: the Green Monster Project (Clark County) and the Wildhorse Project (Mineral County).
  • Green Monster: Targets polymetallic mineralization (Zn, Ag, Cu, Ni, Co, Ga). Phase 1 and Phase 2 drilling have confirmed high-grade zones but highlighted significant geological complexity.
  • Wildhorse: Targets a copper-gold porphyry/skarn system. Trenching and RC drilling have identified anomalous copper, silver, bismuth, and tungsten, with historical workings dating to the late 1800s.
  • The company is in the early exploration stage, relying on surface sampling, trenching, and reverse circulation drilling to define targets. No resource estimates or production plans have been announced.
Read the original news release →

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Jun 17, 2026 · 08:30

High-grade polymetallic discovery validated, but geological complexity and lower-than-expected Phase 2 grades keep it in early-stage exploration limbo.

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Wildhorse Drilling Progress Confirms Operational Momentum, But Assay Uncertainty Weighs on Valuation

Production / Operations May 13, 2026 · 08:30

Wildhorse Drilling Completion Validates Porphyry Model Amidst Green Monster Complexity; Assays Await to Confirm Valuation

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Visual Confirmation at Wildhorse Masks Assay Risk Following Green Monster Disappointment

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Glenstar Minerals Faces Grade Disappointment at Green Monster as Wildhorse Drilling Offsets Sentiment

Drill Results Apr 14, 2026 · 08:30

Wildhorse Trenching Yields Gold Grade, But Drilling Results Pending

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