Northwire Canada EditionSaturday, October 31, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results

Drilling Results at Green Monster Project Show Geologically Complex Polymetallic Structure

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

By The Northwire Desk — AI Analysis Apr 17, 2026 · 08:30 GSTR · 0.28 Glenstar Minerals Inc.
Executive Summary
  • The most recent release (April 17, 2026) details Phase 2 drilling results at the Green Monster Project in Nevada.
  • Mineralization was confirmed along the Phase 1 trend line but assay grades were lower than expected due to geological complexity and highly fractured rock.
  • The company plans a Terean geophysical survey to map structural controls, faults, and mineralization depth following these results.
  • A concurrent release (April 14, 2026) reported high-grade gold and copper trenching at the Wildhorse Project with Phase 1 drilling commencing there.
  • Green Monster Phase 2 involved six holes totaling approximately 3,320 feet across three drill pads.
  • Geological observations included abundant clay alteration, bright orange/red oxide minerals, and decalcification.
Material Impact
  • The April 17 news is rated Routine - Negative because it explicitly states grades were lower than expected, tempering prior optimism from Phase 1 results (>30% Zn).
  • While mineralization exists, the complexity suggests higher future exploration costs and potential processing challenges, delaying resource definition.
  • The Wildhorse positive update (April 14) provides a counterbalance but does not fully offset the Green Monster grade miss in terms of immediate materiality for that specific asset.
  • No financial impact is immediate as this is an exploration phase; however, investor sentiment regarding the primary flagship project has cooled.
  • The news confirms the need for additional geophysical work (Terean survey), indicating the current data is insufficient to advance to a resource estimate without further investment.
GSTR · Price
Company Overview
  • Glenstar Minerals Inc. operates two primary projects in Nevada: Green Monster (Clark County) and Wildhorse (Mineral County).
  • Flagship Project: Green Monster is a polymetallic zone targeting zinc, silver, nickel, cobalt, and copper; Phase 1 found >30% Zn zones.
  • Secondary Project: Wildhorse targets copper-gold porphyry systems with tungsten and antimony anomalies in skarnified intrusions.
  • Property Scale: Green Monster covers ~700 acres (35 claims); Wildhorse covers ~1,780 acres (89 claims).
  • Development Stage: Both projects are in the exploration phase; no resources have been defined yet.
  • Qualified Person: Robert Marvin, P.Geo (ONT), NI 43-101 qualified person supervises fieldwork and technical information.
Read the original news release →

More from Glenstar Minerals Inc.

Jun 25, 2026 · 08:30

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

Drill Results 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.

Drill Results May 20, 2026 · 08:30

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

Drill Results Apr 29, 2026 · 08:30

Visual Confirmation at Wildhorse Masks Assay Risk Following Green Monster Disappointment

Drill Results Apr 14, 2026 · 08:30

Wildhorse Trenching Yields Gold Grade, But Drilling Results Pending

Drill Results