Increased Land Position At The Wildhorse Project

VANCOUVER – Glenstar Minerals Inc. reported that additional gold assays from rock samples collected at the Coca Cola Zone during Phase 1 exploration work at the Wildhorse Project in Mineral County, Nevada, continues to support the contention of an emerging copper-gold skarn target. Outcropping of high-grade copper plus gold at surface on the Coca Cola Zone, when taken into consideration with all of the historical geologic data gathered to date, suggest that the property is underlain by a copper-gold porphyry system of unknown size. The presence of abundant magnetite + epidote + pyrite alteration encountered near the Coca Cola Zone so far supports the evidence that this type of geology is a classic setting for copper porphyry systems.
The mineralization found at surface to date is hosted in the Triassic age Excelsior Formation, a complex unit of greenstones and metasedimentary rocks. This is of particular note as several large copper porphyry deposits of Jurassic age are well known, including the past producing Yerington deposit located approximately 35 miles west of Wildhorse. The copper mineralization at Yerington is also hosted in the Excelsior formation. Copper-gold skarn systems are common above and around porphyry copper systems.
The Company also announces that it has staked a further 28 claims to the west, south, and southeast of the Coca Cola and Highland Zones. This increases the total land package to 89 claims representing 1,780 acres (~720 hectares). The focus of the Phase 2 exploration program will be to greatly increase sample density and geologic information of the identified central zone.
Property scale zoning of gold, silver, tungsten, bismuth, tellurium, and base metals suggest the center of the mineralized system at Wildhorse lies around and between Coca Cola and Rattlesnake Zones, and may extend under cover to the east and west of these outcropping areas. Data compiled thus far suggests that there could be in excess of 1 km of strike length over these two zones of interest, and the geologic mapping will be an important addition to the current database in order to define the true extent of the skarn system and the expected underlying porphyry system.
The Wildhorse Property is comprised of 89 mineral claims, representing 1,780 acres (720 hectares) in Mineral County, Nevada, and 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, 1% copper, and 6,100 ppm of antimony. It was also reported that outcropping zones also contain bismuth and tungsten >200 ppm, which points to a focused intrusive source for the epidote skarn alteration and poly-metallic system.
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.