Glenstar starts trenching program at Wildhorse

Executive Summary

• Glenstar Minerals Inc. has commenced trenching work at its Wildhorse project in western Nevada, specifically targeting the "Coca Cola zone," following delays and a change of contractor.
• The trenching program involves three parallel trenches, each 50 feet long, 5 feet wide, and 3 feet deep, spaced 20 feet apart.
• Previous grab sampling from the Coca Cola zone returned significant copper values (up to 5.3%) and anomalous silver, bismuth, and tungsten, supporting the hypothesis of a copper-gold porphyry system.

Key Details

• Trenching Program Status: Work has begun at the Wildhorse project in Mineral County, Nevada.
• Contractor Change: The original contractor, Merritt Construction Inc., was cancelled due to scheduling conflicts and weather concerns; the new contractor is Ranch Water Works of Reno, Nev.
• Trench Specifications:
  • Location: Coca Cola zone (west-central portion of the property).
  • Configuration: Three parallel trenches.
  • Dimensions: Each trench is approximately 50 feet in length, 5 feet wide, and 3 feet deep.
  • Spacing: Trenches are spaced 20 feet apart.
• Previous Sampling Results (Coca Cola Zone):
  • Four grab samples collected during Phase 1 exploration.
  • Copper values: 1.6%, 5.3%, 2.3%, and 5.1%.
  • Silver average: 21.6 ppm.
  • Bismuth average: 156 ppm (anomalous).
  • Tungsten average: 72.5 ppm.
  • Geology: Samples taken from a rough transect across a prospect pit perpendicular to east-west vein and gossan orientations over a 3-meter width. Observed complex array of narrow porphyritic dikes with feldspar phenocrysts.
• Geological Context:
  • Outcropping of anomalous copper and gold suggests an underlying copper-gold porphyry system of unknown size.
  • Presence of magnetite, epidote, and pyrite alteration supports a classic copper porphyry setting.
  • Historical workings date to late 1800s/early 1900s; last staking was 2011 (unregistered with BLM).
  • Property comprises 89 mineral claims (1,780 acres / 720 hectares).
  • Previous exploration identified quartz veinlets with >1 g/t gold, 1% copper, and 6,100 ppm antimony.

Notable Quotes

• Dave Ryan, CEO: "Unfortunately we were unable to begin the Wildhorse trenching program in December, as was originally anticipated, due to unforeseen circumstances including a scheduling conflict with the company that was originally engaged for the work, as well as some concerns about conducting this work on site due to weather conditions. We are now in position to begin this next stage of exploration at Wildhorse and are very optimistic about what it might uncover."