Drill Results
Western Star Resources Provides Corporate Update and Announces Official Stocktwits Account

WSR · Price
Executive Summary
- Western Star Resources provided a comprehensive update on its U.S.-focused tungsten platform, highlighting significant strategic progress across exploration, acquisitions, and financing.
- The company closed an oversubscribed private placement and flow-through financing to fund exploration, development, working capital, and market awareness initiatives.
- Material acquisitions include the White Star Tungsten Project in Nevada and the Eagle Point Tungsten Mine in New Mexico, expanding the company's portfolio of past-producing U.S. tungsten assets while advancing district-scale exploration models.
Key Details
- Financing: Closed an oversubscribed private placement and flow-through financing to support exploration, development, working capital, and market awareness initiatives.
- Rowland Property (Nevada): Completed Phase 1 exploration activities, including high-resolution UAV magnetic geophysical survey, soil geochemistry, rock-chip sampling, and field checking of historical workings. Results will be integrated with pending Phase 1 assay results to design Phase 2 exploration and refine drill targets.
- Drill Permitting & Timeline: Initiated drill-permitting work at Rowland through the engagement of KC Harvey Environmental, LLC. Management expects to announce drill permits, maiden drill programs, and assay results from current exploration programs within the next few weeks.
- White Star Acquisition: Acquired and outlined an exploration program for the White Star Tungsten Project, located adjacent to Rowland in the Jarbidge-Charleston tungsten area of Nevada. The property features historical tungsten-molybdenum skarn mineralization and is being evaluated as part of a broader district-scale exploration model to leverage logistical and exploration efficiencies.
- Eagle Point Acquisition: Acquired a 100% interest in the past-producing Eagle Point Tungsten Mine in New Mexico, adding another historical tungsten district with documented past production, surface mineralization, and untested exploration targets to the portfolio.
- Defense & Critical Minerals Strategy: Submitted an application in response to a solicitation from the U.S. Defense Industrial Base Consortium related to the supply of strategic critical minerals.
- Investor Communications: Launched an official Stocktwits account (@WesternStarResources) as a supplemental channel for sharing news releases, public updates, interviews, and investor awareness content, while maintaining formal regulatory disclosures as the primary source.
Notable Quotes
- Blake Morgan, President and CEO: "Western Star has had a very active period, and we believe the recent developments are connected by one clear strategy: building a meaningful U.S.-focused tungsten platform around past-producing assets, modern exploration, and the growing need for reliable domestic critical mineral supply."
- Blake Morgan, President and CEO: "Our goal is to move beyond isolated announcements and help shareholders see the larger picture. We are building a portfolio of past-producing tungsten assets in the United States, advancing modern exploration datasets, preparing for drill targeting, and positioning Western Star within the broader critical mineral’s discussion."
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Jun 22, 2026 · 03:05