Glenstar Receives Permit to Conduct Trenching Program at Wildhorse Project in Nevada

Executive Summary

• Glenstar Minerals received a BLM permit to commence an initial trenching program on the Coca Cola Zone of its Wildhorse Project in Nevada.
• Prior grab sampling returned notable copper (1.6%–5.3%), silver (~21.6 ppm), bismuth (≈156 ppm) and tungsten (≈72.5 ppm) anomalies, suggesting a potentially larger copper‑gold porphyry system.
• The planned trenching will consist of three parallel trenches, each ~5 ft wide × 3 ft deep × 50 ft long, spaced 20 ft apart, to further delineate mineralization.

Key Details

• Permit: BLM authorization granted for initial trenching on the Coca Cola Zone, Wildhorse Project (Mineral County, Nevada).
• Trench Design: Three parallel trenches; dimensions – 5 ft wide, 3 ft deep, ~50 ft long; spacing – 20 ft apart.
• Historical Sampling (Phase 1): Four grab samples analyzed by ALS Chemex:
• Copper: 1.6%, 5.3%, 2.3%, 5.1%
• Silver: average 21.6 ppm
• Bismuth: average 156 ppm (anomalous)
• Tungsten: average 72.5 ppm (anomalous)
• Geology: Samples taken across a ~3‑m wide transect perpendicular to east‑west vein and gossan orientations; presence of narrow porphyritic dikes with feldspar phenocrysts in black fine‑grained matrix; magnetite, epidote, pyrite alteration noted.
• Interpretation: Surface outcrops of anomalous Cu‑Au, together with historic geologic data, indicate a possible underlying copper‑gold porphyry system of unknown size.
• Project Background: Wildhorse Property comprises 89 mineral claims (1,780 acres). Historical workings date to late 1800s–early 1900s; prior exploration identified quartz veinlet zone with >1 g/t Au, 1% Cu, 6,100 ppm Sb, plus bismuth and tungsten anomalies.
• Qualified Person: Robert Marvin, P.Geo (ONT), NI 43‑101 qualified person, supervised all fieldwork and approved technical information.

Notable Quotes

“Outcropping of anomalous copper plus gold at surface on the Coca Cola Zone…suggest that the property is underlain by a copper‑gold porphyry system of unknown size.” – David Ryan, President & CEO

All forward‑looking statements are subject to risks and uncertainties; actual results may differ materially.