Glenstar Minerals Inc. (CSE: GSTR) has announced Phase 1 drill results from its Wildhorse Project in Mineral County, Nevada, confirming polymetallic mineralization across all 10 completed holes at the Coca Cola Zone and Rattlesnake Zone. Highlights include silver grades of 31.2 g/t and copper values of 0.422%, with gold assays still pending for selected intervals. Investors may be watching closely given the project's critical mineral focus and the geological continuity identified between drill holes.

Key Points

  • Glenstar Minerals Inc. (CSE: GSTR | OTCQB: GSTRF | FSE: VO20)
  • Polymetallic mineralization confirmed in all 10 Phase 1 reverse circulation holes at the Wildhorse Project in Nevada
  • Highlights include 31.2 g/t Ag, >1.0% Zn, and 0.422% Cu across 5-foot downhole intervals; gold assays and RTZRC-6 results still pending
  • Investors should watch for pending gold assay results and overlimit zinc analysis from hole CCZRC-3

Phase 1 Drilling Confirms Mineralization at Both Wildhorse Zones

Glenstar's Phase 1 program comprised 10 reverse circulation holes — four at the Coca Cola Zone and six at the Rattlesnake Zone. The company announced that polymetallic mineralization was identified in every completed hole, occurring over downhole intervals of approximately 50 to 100 feet with elevated silver, copper, lead, and zinc values, and within narrower higher-grade intervals of approximately 5 to 25 feet. The release notes that true widths have not yet been determined, and reported intervals represent downhole lengths only. All mineralized intervals are associated with intense iron oxide flooding, with locally abundant sulfides including pyrite, chalcopyrite, and sphalerite.

Assay Highlights and Pending Results at Coca Cola and Rattlesnake Zones

Among the reported highlights from 5-foot downhole intervals, Rattlesnake hole RTZRC-3 returned 31.2 g/t silver, while Coca Cola hole CCZRC-1 returned 0.422% copper and CCZRC-3 returned greater than 1.0% zinc. Two additional results — 0.171% copper from RTZRC-5 and 12.5 g/t silver from RTZRC-4 — were also disclosed. Assay results from hole RTZRC-6, which accounts for 71 samples, remain outstanding. Overlimit analysis on the greater-than-1.0% zinc sample from CCZRC-3 is also pending. Gold assays for selected intervals from both zones have not yet been received.

Geologist Notes Consistent Hole-to-Hole Continuity Across Both Drill Areas

Project Manager and Geologist Robert Marvin, P.Geo., stated in the release that mineralization in both zones occurs within two principal downhole intervals, and that the position of these intervals shows consistent continuity from hole to hole in both drill areas. Marvin noted that additional work is required to better understand the significance and extent of this apparent continuity, and that further interpretation will incorporate pending results from RTZRC-6 and gold assays from selected intervals. The release confirms that detailed examination of logged geology versus assay results remains ongoing.

Glenstar Drops 28 Peripheral Claims, Core 61-Claim Package Retained

Separately, Glenstar announced it will not renew 28 peripheral claims staked in September 2025 to the west, south, and southeast of the Coca Cola and Highland Zones. Following trenching and drilling, the company determined those claims are no longer considered priority areas for ongoing expansion exploration. Upon their expiry, the core Wildhorse Property will continue to comprise 61 mineral claims covering approximately 1,220 acres (494 hectares) in Mineral County, Nevada. The immediate share price impact was not clear from available public information.