Glenstar Minerals Inc (CNSX: GSTR) (OTCMKTS: GSTRF) (FRA: VO20) has received Bureau of Land Management approval for a Nevada trenching program at a multi-commodity exploration site.
It will be conducted in the “Coca Cola” zone at the junior miner’s Wildhorse project in Nevada. The program will consist of three trenches running parallel at a depth of three feet and width of five feet. They will be 50 feet long and spaced 20 feet apart.
The purpose of a trenching program is to systematically expose and sample bedrock across a target area. They help to confirm the presence, width, continuity and grade of mineralization identified through sampling initiatives.
Glenstar has received assay results from samples taken in the Coca Cola area that yielded copper (Cu) values as high as 5.3 per cent with an average of 21.6 grams per tonne silver. These material samples also contained an average of 156 parts per million bismuth and of 72.5 ppm tungsten.
In September, Glenstar assayed a sample from Wildhorse that contained 11.2 g/t gold.
Furthermore, the prospector says initial sampling of a quartz veinlet zone on the property yielded grades exceeding 1 g/t gold, 1 per cent Cu and 6,100 ppm antimony (Sb).
“Outcropping of anomalous copper plus gold at surface on the Coca Cola Zone, when taken into consideration with all of the historical geologic data gathered to date, suggest that the property is underlain by a copper-gold porphyry system of unknown size,” Glenstar explained in a news release on Nov. 5.
With regard to antimony, Nevada has become a key target for domestic production in the United States as supply challenges persist, the commodity’s price remains elevated and national security concerns linger. Other juniors, such as Arizona Gold & Silver Inc (CVE: AZS) (OTCMKTS: AZASF) (FRA: A9J0) and NevGold Corp (CVE: NAU) (OTCMKTS: NAUFF) (FRA: 5E50), have been digging up high-grade samples and attracting attention from investors.
Glenstar commenced a 10.5 square kilometre magnetic drone survey at Wildhorse last month to enhance the company’s understanding of the site’s geological properties and mineralization.
“This magnetic survey will provide us with critical data that will aid us in our ongoing exploration efforts, and will hopefully identify additional key areas that should be further evaluated,” said chief executive David Ryan.
In addition to the Wildhorse project, Glenstar is also pursuing development of the “Green Monster” project in mining-friendly Nevada. It is past-producing site prospective for nickel, copper, cobalt, zinc, uranium, lead, silver and rare earths.
Glenstar just completed a large-scale geophysical survey at Green Monster.
Read more: NevGold edges closer to gold-antimony resource with latest Limousine Butte results
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