Glenstar Minerals hires MWH for UAV survey at Wildhorse

Executive Summary

• Glenstar Minerals Inc. has initiated a UAV magnetic survey at its Wildhorse project in Mineral County, Nevada, covering approximately 10.5 square kilometres.
• The survey aims to identify key areas for further evaluation within a suspected copper-gold porphyry system, supported by surface outcroppings of high-grade copper and gold.
• The Wildhorse property comprises 89 mineral claims (1,780 acres) with historical workings dating back to the late 1800s, showing evidence of polymetallic skarn systems and intrusive sources.

Key Details

• Survey Details:
  • Contractor: MWH Geo-Surveys International Inc. (Reno, Nev.).
  • Method: UAV (unmanned aerial vehicle) magnetic survey.
  • Area: Approximately 10.5 square kilometres.
  • Status: Began immediately.
• Geological Context:
  • Surface outcroppings suggest an underlying copper-gold porphyry system of unknown size.
  • Abundant magnetite, epidote, and pyrite alteration near the "Coca Cola zone" supports the porphyry hypothesis.
  • The property is viewed as a potential large, well-mineralized skarn system under surface workings and within a controlling north-south fault zone.
• Property Background:
  • Location: Mineral County, Nevada.
  • Size: 89 mineral claims, representing 1,780 acres (720 hectares).
  • History: Initial targeting based on 1975 Anaconda company archives; historical workings date to late 1800s/early 1900s; last staking observed in 2011 (unregistered with BLM).
  • Geology: Complex geology with folded/faulted Paleozoic limestones, shale, and metavolcanic rocks. An intrusive mass of rhyolite is proximal to known mineralization. Northcentral portion concealed by landslide rubble and boulder-bearing gravel.
• Historical Sampling Results:
  • Quartz Veinlet Zone: In excess of 1 g/t gold, 1% copper, and 6,100 ppm antimony.
  • Outcropping Zones: Bismuth and tungsten greater than 200 ppm, indicating a focused intrusive source for epidote skarn alteration and polymetallic systems.
• Qualified Person: Robert Marvin, PGeo (Ontario), independent consulting geologist, has overseen and approved the technical information.

Notable Quotes

• "This magnetic survey will provide us with critical data that will aid us in our ongoing exploration efforts, and will hopefully identify additional key areas that should be further evaluated." — Dave Ryan, Chief Executive Officer