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Highlights
- Glenstar Minerals has submitted a permit application for a 13-hole drill program at the Wildhorse Project in Nevada.
- The drilling campaign will target two zones: Coca Cola and Rattlesnake.
- Six drill holes are planned at the Coca Cola Zone and seven at the Rattlesnake Zone.
- Recent trenching identified quartz veining with copper oxide and sulfide mineralization.
- Trenching revealed an east-west mineralized trend, refining drill targeting.
- The Wildhorse Project spans 89 claims covering about 1,780 acres in Nevada.
Glenstar Minerals Inc. (CSE:GSTR) (OTCQB:GSTRF) (FSE:VO20) has taken a step forward in advancing exploration at its Wildhorse Project in Nevada by submitting a permit application to the Bureau of Land Management for a reverse circulation drilling program. The proposed campaign follows recent trenching work at the Coca Cola Zone.
Drill Program Targets Two Key Zones
The proposed drilling campaign includes a total of 13 holes, divided between two target areas within the Wildhorse Project. Six holes are planned for the Coca Cola Zone, while seven will focus on the Rattlesnake Zone, located approximately 1,600 feet to the northeast.
At the Coca Cola Zone, drilling will follow the mineralized trend identified through earlier sampling work. The drill plan is expected to cover roughly 500 feet, with holes reaching depths of up to 500 feet at varying angles.
Meanwhile, at the Rattlesnake Zone, the program will cover vertically oriented holes ranging between 300 and 500 feet in depth, aligned with previously observed mineralization trends.
Trenching Results Guide Exploration Strategy
The drill targets have been shaped by trenching completed in March 2026 at the Coca Cola Zone. This work identified a meter-scale zone of quartz veining accompanied by copper oxide and sulfide mineralization. Trenching revealed a broader alteration zone and intersected east-west trend of highly fractured and altered rock, challenging earlier interpretations that suggested a north-south orientation. These findings have played a role in refining drill locations for the first phase of exploration.
Sampling from the Coca Cola Zone returned copper values ranging from 1.6% to 5.3%, along with silver averaging 21.6 ppm. Additional elements, including bismuth and tungsten, were also recorded at elevated levels, supporting the presence of a polymetallic system.
Property Background and Exploration History
The Wildhorse Project comprises 89 mineral claims covering approximately 1,780 acres in Nevada. Historical records, including data from a 1975 field review, indicate prior exploration activity in the area, with evidence of workings dating back to the late 19th and early 20th centuries.
Recent fieldwork has identified and sampled a quartz veinlet, and it contained gold and copper, along with notable concentrations of antimony, bismuth, and tungsten.
The permit application marks a key step in advancing exploration at the Wildhorse Project, with drilling expected to test the continuity and extent of mineralization across two significant zones. By integrating trenching results, sampling data, and geological observations, the upcoming drill program is positioned to provide further insight into the scale and structure of the mineral system identified to date.
GSTR shares traded 7.14% higher at CAD 0.29 per share on 20 March 2026.
