Polymetallic Minerals (Gold
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Riverside Resources Options Prospective Ground with past Drilling to Double the Size of the Jacket Property in Central British Columbia
TMX Newsfile· 2026-01-21 16:53
Core Insights - Riverside Resources Inc. has expanded its property portfolio by acquiring the Redtop property, effectively doubling the size of the Jacket Property, now referred to as the "Red Jacket Project" [1][4] - The Redtop property is strategically located near Taseko Mines' Yellowhead Copper Project, which is in the feasibility stage and hosts significant mineral reserves [2][4] - Historical exploration work has confirmed the presence of polymetallic mineral occurrences, with Riverside's recent sampling indicating high-grade mineralization that supports further exploration [3][4] Company Developments - Riverside has engaged Horizon Capital Markets Corp. for investor relations services, with a monthly fee of $3,500 for a minimum of six months starting January 15, 2026 [22] - The company maintains a strong financial position with over $6 million in cash and no debt, positioning itself well for future exploration and development [23] Project Details - The Redtop property features at least three main mineral occurrences and is situated within a well-mineralized belt of volcanogenic massive sulphide (VMS) deposits [2][3] - Historical work by previous companies, including Placer Dome, has outlined a 4 km long mineralized trend that Riverside aims to explore further [7] - The option agreement for the Redtop claims includes a total cash payment of $180,000 and $750,000 in additive expenditures over a period of three years, along with a 0.45% Net Smelter Returns Royalty [5][6] Exploration Results - Recent sampling results from the Sunrise and Snow showings returned high-grade values, including up to 24% Zn and significant silver and lead concentrations [11][12][13] - The geological setting of the Red Jacket Project is favorable, being part of the Eagle Bay Assemblage, which is known for hosting significant VMS deposits [15][16] - Riverside plans to continue exploration work in the first half of 2026, focusing on areas with confirmed high-grade mineralization [15][23]
Glenstar Minerals Stakes 45 Claims in Mineral County, Nevada, and Initiates Direct Marketing Awareness Campaign
Newsfile· 2025-05-08 12:35
Core Viewpoint - Glenstar Minerals Inc. has staked 45 mineral claims in Mineral County, Nevada, covering 900 acres, and is initiating a marketing campaign to raise awareness about its exploration projects [1][8]. Group 1: Mineral Claims and Geological Assessment - The newly staked claims, known as the Wildhorse Claims, have historical workings dating back to the late 1800s and early 1900s, with the last staking occurring in 2011 [3]. - Preliminary geological assessments indicate the presence of east-dipping mineralized zones, with initial field examinations revealing a quartz veinlet zone containing over 1 gram per ton of gold, 1% copper, and 6,100 ppm of antimony [3]. - Additional areas of exposed copper mineralization were identified, suggesting multiple targets for further exploration [4]. Group 2: Geological Complexity and Economic Opportunity - The geology of the area is complex, featuring folded and faulted Paleozoic age rocks, with an intrusive mass of rhyolite located near known mineralization [5]. - The potential for discovering a large, well-mineralized skarn system exists, which can be effectively explored using various electric geophysical methods [6]. Group 3: Exploration Plans - The work program at Wildhorse will commence with detailed dry stream bed sediment sampling, followed by geological mapping and rock chip sampling, leading to a comprehensive geophysical survey to define drill targets [7]. Group 4: Marketing and Awareness Campaign - Glenstar has engaged Think Ink Marketing for a one-month marketing campaign, with a fee of USD $50,000 for the first month, aimed at updating stakeholders and introducing the company to a broader audience [8]. Group 5: Company Overview - Glenstar Minerals Inc. focuses on polymetallic minerals, which are critical for manufacturing electronics and energy technologies, and aims to explore and develop mineral properties in North America and globally [10]. - The company trades on multiple exchanges, including the Canadian Securities Exchange under the symbol "GSTR" [11].