Glenstar Completes Phase 1 Exploration Program on Its Wildhorse Property and Stakes More Ground in Western Nevada
Glenstar Minerals (OTCQB: GSTRF) has completed Phase 1 exploration at its Wildhorse property in Nevada, expanding its claims from 45 to 61, now covering 1,220 acres. The program revealed significant findings, including copper oxide mineralization and complex geological features centered around a felsic intrusion.
The exploration identified three zones of interest, with the Coca Cola Zone showing robust mineralization along the southwest margin. Initial sampling yielded promising results, including historical samples containing over 1 gram per ton gold, 1% copper, and 6,100 ppm antimony. The property shows potential for a large, well-mineralized skarn system, with Phase 2 exploration already being planned based on initial findings.
Glenstar Minerals (OTCQB: GSTRF) ha completato la Fase 1 di esplorazione presso la sua proprietà Wildhorse in Nevada, ampliando le sue concessioni da 45 a 61, coprendo ora 1.220 acri. Il programma ha rivelato risultati significativi, inclusa la mineralizzazione di ossidi di rame e caratteristiche geologiche complesse incentrate su un'intrusione felsica.
L'esplorazione ha individuato tre zone di interesse, con la Zona Coca Cola che mostra una mineralizzazione robusta lungo il margine sud-ovest. I primi campionamenti hanno fornito risultati promettenti, inclusi campioni storici contenenti oltre 1 grammo per tonnellata di oro, 1% di rame e 6.100 ppm di antimonio. La proprietà presenta potenziale per un grande sistema skarn ben mineralizzato, con la Fase 2 di esplorazione già in programma basata sui risultati iniziali.
Glenstar Minerals (OTCQB: GSTRF) ha completado la Fase 1 de exploración en su propiedad Wildhorse en Nevada, ampliando sus concesiones de 45 a 61, cubriendo ahora 1,220 acres. El programa reveló hallazgos significativos, incluyendo mineralización de óxidos de cobre y características geológicas complejas centradas en una intrusión félsica.
La exploración identificó tres zonas de interés, con la Zona Coca Cola mostrando mineralización robusta a lo largo del margen suroeste. El muestreo inicial arrojó resultados prometedores, incluyendo muestras históricas con más de 1 gramo por tonelada de oro, 1% de cobre y 6,100 ppm de antimonio. La propiedad muestra potencial para un gran sistema skarn bien mineralizado, con la Fase 2 de exploración ya planificada basándose en los hallazgos iniciales.
Glenstar Minerals (OTCQB: GSTRF)는 네바다의 Wildhorse 광산 부지에서 1단계 탐사를 완료했으며, 채굴 구역을 45개에서 61개로 확장하여 총 1,220에이커를 커버하게 되었습니다. 이번 탐사 프로그램에서는 구리 산화광 광물화와 화강암질 관입체를 중심으로 한 복잡한 지질학적 특성이 확인되었습니다.
탐사 결과 세 개의 관심 구역이 확인되었으며, Coca Cola 구역은 남서쪽 경계선을 따라 강한 광물화가 나타났습니다. 초기 샘플링에서는 금 1그램/톤 이상, 구리 1%, 안티몬 6,100ppm을 포함한 유망한 결과가 나왔습니다. 이 부지는 대규모의 잘 광물화된 스카른 시스템 가능성을 보이며, 초기 결과를 바탕으로 2단계 탐사가 이미 계획 중입니다.
Glenstar Minerals (OTCQB : GSTRF) a terminé la phase 1 d'exploration sur sa propriété Wildhorse au Nevada, étendant ses concessions de 45 à 61, couvrant désormais 1 220 acres. Le programme a révélé des découvertes significatives, notamment une minéralisation en oxydes de cuivre et des caractéristiques géologiques complexes centrées autour d'une intrusion felsique.
L'exploration a identifié trois zones d'intérêt, la zone Coca Cola présentant une minéralisation robuste le long de la marge sud-ouest. Les premiers échantillonnages ont donné des résultats prometteurs, y compris des échantillons historiques contenant plus de 1 gramme par tonne d'or, 1 % de cuivre et 6 100 ppm d'antimoine. La propriété montre un potentiel pour un grand système skarn bien minéralisé, avec une phase 2 d'exploration déjà planifiée sur la base des premières conclusions.
Glenstar Minerals (OTCQB: GSTRF) hat die Phase-1-Erkundung auf seinem Wildhorse-Grundstück in Nevada abgeschlossen und die Claims von 45 auf 61 erweitert, womit nun 1.220 Acres abgedeckt werden. Das Programm brachte bedeutende Ergebnisse zutage, darunter Kupferoxid-Mineralisierung und komplexe geologische Merkmale rund um eine felsische Intrusion.
Die Erkundung identifizierte drei Interessenszonen, wobei die Coca Cola Zone eine robuste Mineralisierung entlang des südwestlichen Randes aufweist. Erste Probenahmen ergaben vielversprechende Resultate, darunter historische Proben mit über 1 Gramm pro Tonne Gold, 1 % Kupfer und 6.100 ppm Antimon. Das Grundstück zeigt Potenzial für ein großes, gut mineralisiertes Skarn-System, wobei die Phase-2-Erkundung bereits basierend auf den ersten Ergebnissen geplant wird.
- Expansion of property claims from 45 to 61, increasing total land coverage to 1,220 acres
- Discovery of strong copper oxide mineralization in multiple zones
- Historical samples showed promising mineral content: >1 g/t gold, 1% copper, 6,100 ppm antimony
- Property shows potential for large-scale skarn system with favorable exploration characteristics
- Project is still in early exploration stages with pending assay results
- Parts of the property have concealed geology due to landslide rubble
- Complex geological structure requiring detailed mapping for full understanding
Vancouver, British Columbia--(Newsfile Corp. - July 9, 2025) - Glenstar Minerals Inc. (CSE: GSTR) (OTCQB: GSTRF) (FSE: VO20) ("Glenstar" or the "Company") announces that it has completed the Phase 1 exploration work program on the Company's Wildhorse property, which is comprised of 61 mineral claims, representing 1,220 acres (494 hectares) in Mineral County, Nevada.
A series of rock chip samples were collected from several different sectors on the property, and a comprehensive, 1 km2 wide stream sediment sampling program was undertaken to screen all areas for undiscovered mineralization, including zones that are less well exposed or where there is no visible or evident outcropping.
Field traverses have roughly mapped skarn alteration of basement rocks on the east and west flanks of a complex felsic to intermediate porphyry intrusion in the central portion of the property. Strong copper oxide mineralization is seen in shallow prospect pits and other small scale mine workings and initial sampling was carried out in three zones of particular interest across the core area. 10 rock chip samples were collected and additional claims were staked to extend the property into adjacent areas of interest.
A geologic model is emerging with a felsic intrusion at the core, and the intrusion is altered and locally mineralized with quartz veinlet swarms. Robust mineralization at the Coca Cola Zone appears focused on faulted dike swarms occurring along the southwest margin of the intrusion. This felsic intrusion is widely oxidized and numerous zones of quartz veinlet stock work veining have been found cutting the intrusion. A larger scale rock chip sampling program to cover the exposed intrusion is planned as part of the Phase 2 exploration program in order to test the intrusion for further mineralization.
Several styles of porphyritic rocks were found both in outcrop and in float, suggesting the presence of an energetic volcanic center on the property. Detailed mapping will be necessary to begin to unwind the geologic and mineralization complexity of the central portion of the property.
Figure 1
Shows a series of grab samples from the Coca Cola Zone, which is located on the southwest margin of the intrusive center in the central portion of the property. These copper rich gossans are associated with quartz veining zones. The copper gossan is cut by dark brown veinlets and disseminations of unknown mineralogy. Assays are pending.
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According to project geologist Bob Marvin, "The Wildhorse property continues to show evidence of a polymetallic mineralized system covering an area of at least one square kilometer, and the complexity of vein and alteration patterns strongly suggests the existence of an intrusive/extrusive driven alteration center. Surface sampling and geologic mapping is still at an early stage but expanded potential is being encountered in a number of zones of interest as the team continues to explore this grassroots property."
As part of this Phase 1 exploration program, Glenstar increased its land position from 45 claims representing 900 acres (364 hectares), by staking an additional 16 claims, bringing the total land package to 61 claims representing 1,220 acres (494 hectares). This was done to expand the exploration zones of interest as a result of the rock samples collected on the existing, adjoining claims that were discovered during this program. A second phase of groundwork exploration is already being planned based on field observation notes and will be finalized upon receipt and examination of sample results from this Phase 1 program.
Project Background & Recent Exploration Work
The Wildhorse property was initially targeted after compilation of all available data, including notes of a 1975 field examination contained in the Anaconda Company archives housed at the university of Wyoming. The claims show historical workings that appear to date from the late 1800's and early 1900's. Other claim stakes that the geological team discovered on the property indicate the last time the area was staked was 2011, however, these claims were never registered with the BLM. Preliminary geological assessment of the claims, and the area in general, indicate there are a series of east dipping mineralized zones. Initial field examination of the property identified and sampled a quartz veinlet zone containing in excess of 1 gram per ton gold,
Several additional areas of exposed copper mineralization were located during the staking of the property. The geology of the area is complex, with strongly folded and faulted limestones, shale, and metavolcanic rocks of Paleozoic age underly the known mineralization and cover a large portion of the property claims. Importantly, an intrusive mass of rhyolite has intruded the deformed section in a position proximal to the known mineralization. Land slide rubble and boulder bearing gravel units conceal the underlying geology in the northcentral portion of the property (see news release dated May 8, 2025).
The economic opportunity at Wildhorse points to the possible discovery of a large, well mineralized skarn system under the surface workings and within the controlling north-south fault zone exposed at surface. Skarns are relatively easy to explore as they respond well to a variety of electric geophysical methods including magnetic surveys.
About Glenstar Minerals Inc.
Glenstar is a mineral exploration company with a focus on polymetallic minerals. These elements are classified as critical minerals and are essential in the manufacturing of sophisticated electronics and other vital energy technologies. The Company's mission is to leverage its knowledge and connections to explore, acquire, and develop critical mineral and energy metal properties throughout the world.
Glenstar's shares trade on the Canadian Securities Exchange (CSE) under the symbol "GSTR", on the Frankfurt Stock Exchange under the symbol "VO2", and on the Over-the-Counter market (OTCQB) in the United States under the symbol "GSTRF".
Robert Marvin, P.Geo (ONT) is the qualified person as defined by National Instrument 43-101 and is the independent consulting geologist for Glenstar Minerals Inc., who has examined the Green Monster and Wildhorse properties on the ground numerous times since 2022 and 2024 respectively; and has reviewed the geological information available from private and public sources related to the properties, and is responsible for approving the technical contents of this press release.
ON BEHALF OF THE BOARD
David Ryan
President & CEO
Further information regarding the Company can be found on SEDAR at www.sedarplus.ca, by visiting the Company's website www.glenstar.ca or by contacting the Company directly at 604-449-2810.
Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information Certain information contained in this news release constitutes "forward-looking information" or "forward-looking statements" (collectively, "forward-looking information"). Without limiting the foregoing, such forward-looking information includes statements regarding the process and completion of any Offering, the use of proceeds of the Offering and any statements regarding the Company's business plans, expectations and objectives. In this news release, words such as "may", "would", "could", "will", "likely", "believe", "expect", anticipate", "intend", "plan", "estimate" and similar words and the negative form thereof are used to identify forward-looking information.
Forward-looking information should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether, or the times at or by which, such future performance will be achieved. Mineral exploration is subject to risks and uncertainties and there is no assurance that any potential results or findings that may be suggested in this press release will ultimately happen. Forward-looking information is based on information available at the time and/or the Company management's good faith belief with respect to future events and is subject to known or unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond the Company's control. For additional information with respect to these and other factors and assumptions underlying the forward-looking information made in this news release, see the Company's most recent Management's Discussion and Analysis and financial statements and other documents filed by the Company with the Canadian securities commissions and the discussion of risk factors set out therein. Such documents are available at www.sedarplus.ca under the Company's profile and on the Company's website. The forward-looking information set forth herein reflects the Company's expectations as at the date of this news release and is subject to change after such date.
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