Glenstar Begins Trenching Program at Wildhorse Project
Executive Summary
- Glenstar Minerals has initiated trenching work at the Wildhorse project’s Coca‑Cola Zone in western Nevada after earlier scheduling delays.
- The original trench design (three parallel trenches, ~5 ft × 3 ft × 50 ft) remains unchanged and is being executed by a new contractor, Ranch Water Works.
- Prior grab sampling from the zone returned anomalous copper (1.6‑5.3 %), silver (~21.6 ppm), bismuth (~156 ppm) and tungsten (~72.5 ppm), supporting the prospectivity of a copper‑gold porphyry system.
Key Details
- Trenching Program:
- Commenced after delay; contractor switched from Merritt Construction Inc. to Ranch Water Works (Reno, NV).
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Layout: three parallel trenches, each 5 ft wide, 3 ft deep, ~50 ft long, spaced 20 ft apart on the Coca‑Cola Zone.
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Sampling Results (previous Phase 1):
- Copper grades: 1.6 %, 5.3 %, 2.3 %, 5.1 % (average ≈3.8 %).
- Silver average: 21.6 ppm.
- Bismuth average: 156 ppm (anomalous).
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Tungsten average: 72.5 ppm (anomalous).
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Geologic Context:
- Zone exhibits narrow porphyritic dikes with feldspar phenocrysts in a black fine‑grained matrix.
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Alteration assemblage includes magnetite, epidote, and pyrite—typical of copper‑porphyry systems.
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Project Background:
- Wildhorse Property: 89 mineral claims covering 1,780 acres (720 ha) in Mineral County, NV.
- Historical workings date to late 1800s–early 1900s; last staking activity in 2011 (unregistered).
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Prior surface sampling identified >1 g/t Au, ~1 % Cu, and 6,100 ppm Sb within a quartz veinlet zone.
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Management Comment:
- CEO Dave Ryan noted the delay was due to contractor scheduling conflicts and weather concerns, but expressed optimism about the upcoming trenching results.
Notable Quotes
“We are now in a position to begin this next stage of exploration at Wildhorse and are very optimistic about what it might uncover.” – Dave Ryan, President & CEO
Materiality Assessment: Non‑Material – Positive (operational progress with encouraging assay results, but no immediate financial or definitive resource impact).