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Glenstar Ventures Inc. ( (TSE:GSTR) ) has shared an update.
Glenstar Minerals has completed a trenching program at its Wildhorse Project’s Coca Cola Zone in Nevada, defining a meter-scale quartz vein zone with copper oxide and sulfide mineralization over a 15-metre east-west strike. The work revealed a wider-than-expected alteration zone and an intersecting east-west mineralized trend, challenging earlier assumptions of a solely north-south orientation and suggesting a potentially larger mineralized system.
The expanded trenches eliminated the need for a planned third trench and provided material to build foundations for two anticipated drill pads, while 14 chip channel samples were sent for assay. Combined with earlier high-grade copper and silver grab samples and alteration consistent with copper-gold porphyry systems, the new structural insight is expected to guide the first phase of drilling and could enhance the project’s exploration significance for stakeholders.
More about Glenstar Ventures Inc.
Glenstar Minerals Inc. is a Vancouver-based mineral exploration company focused on copper and gold projects, with a key asset being the Wildhorse Property in Mineral County, Nevada. The company targets porphyry-style mineral systems, advancing early-stage claims with historical workings through systematic sampling, trenching and planned drilling to define mineralized zones and resource potential.
Average Trading Volume: 70,539
Technical Sentiment Signal: Sell
Current Market Cap: C$10.54M
Find detailed analytics on GSTR stock on TipRanks’ Stock Analysis page.