Glenstar receives permit for trenching at Wildhorse

Executive Summary

• Glenstar Minerals Inc. has received a permit from the Bureau of Land Management (BLM) to conduct an initial trenching program at its Wildhorse project in Nevada.
• The trenching will focus on the "Coca Cola zone," targeting areas with previous high-grade grab sample results to determine the extent of a potential copper-gold porphyry system.
• Previous sampling in the zone returned significant copper values (up to 5.3%) and anomalous silver, bismuth, and tungsten, supporting the geological hypothesis of a polymetallic system.

Key Details

• Permit Status: Permit received from the Bureau of Land Management (BLM) for an initial trenching program.
• Trenching Specifications:
  • Location: Coca Cola zone, Wildhorse project, Nevada.
  • Configuration: Three parallel trenches.
  • Dimensions: Each trench is 5 feet wide, 3 feet deep, and approximately 50 feet in length.
  • Spacing: Trenches are spaced 20 feet apart.
• Previous Sampling Results (ALS Chemex, Vancouver):
  • Four grab samples collected from the Coca Cola zone during Phase 1 exploration.
  • Copper values: 1.6%, 5.3%, 2.3%, and 5.1%.
  • Silver average: 21.6 ppm.
  • Bismuth anomaly: Average 156 ppm across four samples.
  • Tungsten anomaly: Average 72.5 ppm across four samples.
  • Sample context: Rough transect across a prospect pit, perpendicular to east-west vein and gossan orientations over a 3-meter width.
• Geological Context:
  • Observations include narrow porphyritic dikes with feldspar phenocrysts in a black, fine-grained matrix.
  • Presence of magnetite, epidote, and pyrite alteration supports the interpretation of a copper porphyry system.
  • Historical geologic data and surface outcropping suggest the property is underlain by a copper-gold porphyry system of unknown size.
• Project Background:
  • Wildhorse property comprises 89 mineral claims (1,780 acres / 720 hectares) in Mineral County, Nevada.
  • Historical workings date from the late 1800s and early 1900s; last claim staking occurred in 2011 (unregistered with BLM).
  • Preliminary assessment indicates a series of east-dipping mineralized zones.
  • Previous field examination identified a quartz veinlet zone containing >1 g/t gold, 1% copper, and 6,100 ppm antimony.
  • Outcropping zones contain bismuth and tungsten, pointing to a focused intrusive source for epidote skarn alteration and a polymetallic system.

Notable Quotes

• "Trenching at this zone will provide Genstar with further information as to the potential extent of mineralization encountered thus far."