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Highlights
- Glenstar Minerals is advancing polymetallic exploration projects in Nevada focused on critical minerals.
- Phase 2 drilling is underway at the Green Monster Project.
- Green Monster Project’s Phase 2 drilling follows promising early results, including a 10-metre-wide mineralized zone.
- Trenching is planned at the Wildhorse Project.
Global demand for critical minerals—including cobalt, nickel, copper, and zinc—is surging, driven by the shift toward renewable energy, electric vehicles, and advanced technologies. This surge has prompted many mining companies to accelerate exploration and expand operations in regions with high mineral potential. Among them is Glenstar Minerals Inc. (CSE:GSTR) (OTCQB:GSTRF) (FRA:VO20), a Vancouver-based exploration company advancing polymetallic projects in Nevada, one of the United States’ most mineral-rich jurisdictions. With untapped properties and encouraging early results, Glenstar expects to unlock new mineral systems that could support the technologies of tomorrow.
Glenstar Minerals specializes in acquiring and advancing polymetallic mineral properties that contain metals considered critical for modern industries. The company’s portfolio targets metals classified as critical minerals in jurisdictions with a proven mining history, providing a foundation for discovery and potential development.
Green Monster Project: Flagship Asset
Glenstar’s flagship Green Monster Property spans roughly 700 acres across 35 federal lode claims, located within an approximately 30-kilometre fault zone that has been associated with zinc mineralization and anomalous nickel, cobalt, and copper values.
The company characterizes the property as a cobalt-nickel-copper-uranium mineral system. Prior to the drill program completed in May 2025, the property had not been drill tested; however, sampling conducted by the company in 2022 identified elevated nickel and copper values with anomalous cobalt, outlining multiple targets suitable for shallow reverse-circulation drilling.
Phase 2 Drilling Program Underway
In December2025, the company commenced its Phase 2 drill program at the Green Monster Project. Alloy Drilling of Elko, Nevada mobilized equipment and crews to site. The program includes nine reverse-circulation drill holes across four target areas spanning approximately 300 metres of strike length.
Drill targets were selected based on results from a Hybrid-Source Audio-Magnetotellurics (HSAMT) survey completed in November 2025.
Phase 1 drilling conducted in May 2025 intersected a new mineralized zone nearly 10 metres wide and located on a zinc occurrence that is >30%. The drilling reported significant assays including silver values up to 177 ppm, along with 523 ppm of nickel (.0523%), cobalt up to 91.9 ppm (.0019%) and copper that is >.36%.
These results highlight Green Monster’s potential as a high-value polymetallic system.
Wildhorse Project: Trenching Program Planned
In addition to Green Monster, Glenstar is advancing exploration at the Wildhorse Property in Mineral County, Nevada. The project comprises 89 mineral claims covering approximately 1,780 acres. Historical records indicate exploration activity dating back to the late 1800s.
In November 2025, the company announced plans for a trenching program at the Coca Cola Zone within the Wildhorse Property and engaged Merritt Construction Inc., of Nevada, to conduct the program. The program is scheduled to include three parallel trenches. Previous grab samples returned copper values ranging from 1.6% to 5.3%, along with silver and anomalous bismuth and tungsten values.
With exploration activity underway at the Green Monster Project and trenching planned at Wildhorse, Glenstar Minerals continues to progress its Nevada-based polymetallic portfolio. The company’s ongoing programs are focused on defining mineralized zones across projects positioned within established mining districts.
GSTR shares traded at CAD 0.28 per share on February 5, 2026.
