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GoldHaven Resources Provides Exploration Update on Magno Project
Globenewswire· 2025-09-04 13:00
Core Viewpoint - GoldHaven Resources Corp. is advancing its exploration program at the Magno Project in Northern British Columbia, focusing on understanding the potential for larger and deeper mineral targets linked to Cretaceous magmatism and evaluating extensive surface mineralization [1][3][4]. Exploration Progress - The 2025 exploration program is fully funded and has surpassed the halfway mark, with systematic sampling and detailed mapping underway [3][7]. - Initial samples are being prepared for shipment to ALS Global for analysis, which is expected to provide important catalysts for the project [3][4]. Mineralization Insights - The Magno Project features multiple styles of mineralization that share common fluid pathways, allowing for a holistic interpretation of the mineral system [4][7]. - High-grade mineralization has been confirmed in the Magno and D zones, with silver values exceeding 2,000 ppm from structurally controlled skarns [6][8]. Specific Zones of Interest - Exploration at the Magno Central area has confirmed the presence of skarn and CRD-style mineralization, with emerging potential for indium and gallium [6][8]. - The Kuhn and Dead Goat zones have been mapped, revealing skarn horizons with potential strike extensions of up to 2 km [9][10]. Historical Context and Future Potential - The project benefits from established road access and remnants of past mining activity, facilitating efficient operations [14]. - The presence of massive sulphides in the D zone suggests a larger, multiphase mineral district than previously understood [8][14]. Company Overview - GoldHaven Resources Corp. is focused on acquiring and exploring high-potential land packages in North and South America, with the Magno Project being a flagship polymetallic property adjacent to the historic Cassiar mining district [16].
Glenstar Intersects over 30% Zinc and 5.7 oz/t Silver Within a 10 Metre Zone of Strong Polymetallic Mineralization at Green Monster Project
Newsfile· 2025-07-16 12:01
Core Insights - Glenstar Minerals Inc. announced significant assay results from its Green Monster Property, revealing a new zone of polymetallic mineralization with over 30% zinc and 5.7 oz/t silver [1][2][5] - The new mineralization zone is approximately 10 meters wide and is located 150 meters from the primary target area, indicating a substantial increase in the project's target size [2][3][4] Summary by Sections Assay Results - The assay results from hole GMST-4 showed >30% zinc, 177 ppm silver (5.7 oz/t), 523 ppm nickel (0.0523%), 91.9 ppm cobalt (0.0019%), and >0.36% copper [2][5] - Mineralization was found at depths from approximately 131 meters (430 feet) to 142 meters (465 feet) [2] Project Expansion - The new zone is completely open, suggesting potential for further mineralization and expansion of the project [3] - Glenstar plans to initiate Phase 2 drilling to explore the new hanging wall zone and assess its continuation along strike and at depth [5] Geological Context - The Green Monster Property is part of the larger Green Monster Fault Zone, known for its zinc deposits and significant anomalies of nickel, cobalt, and copper [6] - Previous exploration work indicated the property as a prospective area, and the recent assay results support earlier findings [6][9] Project Background - The Green Monster Property consists of 35 federal lode claims covering approximately 700 acres in Clark County, Nevada [9] - Prior to the recent drilling in May 2025, no drilling had been conducted on the property, although earlier sampling in 2022 indicated robust nickel-copper and anomalous cobalt [9][10] Company Overview - Glenstar Minerals Inc. focuses on exploring and developing critical mineral properties essential for electronics and energy technologies [11]