Announcement • May 15
Glenstar Minerals Inc Announces Completion of Initial Drilling At Wildhorse Project in Nevada Glenstar Minerals Inc. announced that the Phase 1 reverse circulation drill program at the Company's Wildhorse Project in Mineral County, Nevada, has been completed, with a total of six reverse circulation drill holes being completed at the Rattlesnake Zone, in addition to four holes previously reported at the Coca Cola Zone. Each of these six holes explored the Rattlesnake Zone's down dip extension 85 to 110 meters east of outcropping mineralization which were worked by a series of historic decline developments. All holes drilled showed intervals of strong alteration with quartz veinlets contained within a strongly foliated meta sedimentary host rock. Contacts between this receptive host rock and a feldspar porphyry intrusive rock are particularly well altered, with visual mineralization containing abundant oxide minerals and quartz veinlet swarms. The overall plan of the drilling at Rattlesnake was to target the area believed to be the core of a high-grade polymetallic system that previously showed promising results. This style of mineralization is being intersected both at depths of 100 to 150 meters down hole, as well as at near surface positions on hole RTSRC-3 and hole RTSRC-6, where strong quartz veinlet development is present at 0 to 25 meters down hole. The visual results of the drilling at Rattlesnake continues to indicate strong potential for a polymetallic resource discovery in both near surface and in the down dip extensions of the historic working positions. As a result of observations in the field during the drill program, the total number of feet drilled at Wildhorse increased from a planned 3,500 feet to 4,300 feet. 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, which points to a focused intrusive source for the epidote skarn alteration and poly-metallic system. Announcement • May 02
Glenstar Minerals Inc Provides Update On Wildhorse Project Drilling Program In Nevada Glenstar Minerals Inc. announced that the Phase 1 reverse circulation drill program at the Company's Wildhorse Project in Mineral County, Nevada, is underway and work is currently focused on the Rattlesnake Zone. Drilling began at the Coca Cola Zone and four (4) holes were completed in the target area during week one of the planned three-week program. A number of narrow intervals of strong alteration with local copper oxide mineralization were encountered prior to the drill rig being moved to the Rattlesnake Zone, which lies approximately 1,600 feet to the northeast of the Coca Cola Zone. Hole RTSRC-1 intersected several multi meter scale intervals of strong oxide alteration/mineralization from surface to 345 feet. From 345 to 385 feet a partially oxidized zone of strong sulfide mineralization, quartz veinlets and silicification was intersected. Field identified sulfide minerals include chalcopyrite and fine-grained silver-grey minerals. The mineralized interval emits a strong odor of hydrogen sulfide. Sulfide abundance is estimated at 5%. Oxide minerals are present on fracture and range in color from yellow to orange to bright blue. Hole RTSRC-2 indicates multi-meter gossanous orange and red zones are prevalent from surface to 215 feet down hole (150 feet below the surface). From 215 feet to 245 feet, a 30 foot down hole interval returned an intense zone of oxide mineralization with abundant quartz veinlets was intersected. Preliminary conclusions of the drilling at Rattlesnake thus far indicate that we have successfully intersected the main Rattlesnake mineralized zone in a downdip position located 320 feet east of outcropping mineralized positions. All observations of intervals of alteration and sulfide mineralization represent down hole intervals and it should be noted that Glenstar does not have sufficient data to report true intercept widths at this time. The drilling at Wildhorse is expected to continue for another 7 to 10 days, at which time all of the samples will be shipped to Paragon Geochemical Inc. in Sparks Nevada for assay analysis. 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, which points to a focused intrusive source for the epidote skarn alteration and poly-metallic system. Announcement • Apr 16
Glenstar Minerals Inc. Reports High Grade Gold Assay Results and Begins Phase 1 Drilling At Wildhorse Project Glenstar Minerals Inc. announced that it has received assay results from the trenching work undertaken at the Wildhorse Project in Mineral County, Nevada in late February, and that the Phase 1 drill program has begun. Assay results from trench #1 at the Coca Cola Zone show that high grade gold, with one sample measuring 23.6 g/t, was discovered in deep red oxidized material contained within a structural zone trending east-west. This trend of red oxidation has been traced uphill in a linear belt that is at least 100 meters in strike length. The exact nature of the host rock of the oxide mineralization has not been confirmed as yet, however, this gold rich style and mapped trend of mineralization is a focus of the Phase 1 drilling plan at the Coca Cola Zone. Also reported was an average of ~1% copper within the same deep red oxidized structure containing the gold results and is deemed to be of considerable interest. Assay results from samples taken from Trench #2, which is lower down the incline from Trench #1, proved to be unremarkable and suggests that the trend may end at its location or that it dips dramatically vertical. This information is beneficially relevant to the plan of drill placement, which will follow the trend to the east of the trenches. Midnight Sun Drilling Inc. mobilized to the property late last week and reverse circulation drilling began over the weekend. Six (6) drill sites were permitted for the Coca Cola Zone which will test the east-west trend discovered in the trenching program. Each drill site is anticipated to accommodate an initial hole that is planned to be drilled to a depth of up to ~500 feet. However, the number of holes drilled at each site could be increased in order to follow mineralization that may be encountered and observed at various depths downhole. Any additional holes at each site would be drilled at different angles from surface to help determine the possible extent and trend of mineralization that may be encountered. Seven (7) drill sites are permitted for the Rattlesnake Zone, which lies approximately 1,600 feet to the northeast of the Coca Cola Zone, and each site is planned to be drilled to a depth of 300 to 500 feet. The initial holes at each site at Rattlesnake are planned to be vertical and will follow the north-south mineralization direction encountered during previous field work. As with the Coca Cola Zone however, additional holes could be drilled at each site at varying angles to follow and test any observable mineralization. The Rattlesnake Zone is centered on historic workings and dump samplings that have returned results of >100 g/t silver along with 1 g/t gold, 3% copper, 0.59% antimony, and 256 ppm tungsten. The Rattlesnake Zone strikes north-south and dips ~20 degrees to the east and the Company is targeting the down-dip continuation to the east of the historically worked exposures. Initial drilling has begun at the Coca Cola Zone and once completed will then move to the Rattlesnake Zone. The entire drill program at the Wildhorse Project is expected to take approximately 21 days. 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, which points to a focused intrusive source for the epidote skarn alteration and poly-metallic system. 
