Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) (FRA: 4K2) has significantly expanded its U.S. tungsten portfolio, now holding three past-producing assets across Nevada and New Mexico. The company has moved beyond acquisition into a phase of disciplined execution, with plans for drilling at its Eagle Point project in New Mexico and ongoing exploration at its Nevada properties.
Since the end of 2025, Western Star has built a portfolio that includes the Rowland Tungsten Property in Nevada, which was expanded by approximately 170%, and the adjacent White Star Tungsten Project, creating a six-kilometre prospective exploration corridor. The company also acquired a 100% interest in the past-producing Eagle Point Tungsten Project in New Mexico. Modern systematic exploration programs have commenced at Rowland and White Star, including high-resolution UAV magnetic geophysical work and extensive surface exploration. At Rowland, a one-kilometre tungsten-skarn geochemical corridor was identified, with a peak soil result of approximately 1,425 ppm WO3 (0.14% WO3). Drill permitting activities have begun at Rowland.
Eagle Point is a key focus, with historical production of approximately 1,800 tons of scheelite-bearing material and historical U.S. Government estimates outlining significant near-surface tungsten mineralization. Modern USGS sampling has returned up to 27.6% WO3 and 0.98% Mo. The company has engaged Dahrouge Geological Consulting to assist with technical evaluation and drill targeting. Western Star's objective is to systematically test historically identified mineralization and, if supported by sufficient data, advance Eagle Point toward a maiden mineral resource estimate under NI 43-101.
Historical estimates at Eagle Point range from 100,000 to 150,000 tons grading approximately 0.5% WO3, and other government examinations outlined 150,000 to 200,000 tons of scheelite-bearing material. These estimates are historical and not current mineral resources or reserves. The company plans to evaluate the geological basis of that historical work through modern exploration and drilling, testing both the known mineralized zones and potential extensions along strike and at depth.
The planned 2026 drill program at Eagle Point aims to test the principal historically identified mineralized zones, investigate grade and geological continuity, and provide modern geological and analytical information. The program is designed to support potential future mineral-resource estimation and establish the geological framework for larger exploration campaigns.
Blake Morgan, President and CEO, commented: “Eagle Point is an important opportunity for Western Star because we are not starting from first principles. The project has historical production, historical U.S. Government exploration, multiple skarn bodies exposed at surface, historical estimates of tungsten-bearing material and modern USGS sampling that returned up to 27.6% WO3. A government-supported program was once planned to advance Eagle Point through underground development and diamond drilling, but that drilling was never completed. Our goal is to bring modern exploration standards to that historical opportunity.”
Western Star has closed approximately C$3.69 million through an oversubscribed private placement and submitted an application in response to a U.S. Defense Industrial Base Consortium solicitation relating to reliable supplies of strategic critical minerals. The company's strategy has progressed through three stages: acquire, define, and drill & expand. With Rowland advancing toward drilling, White Star undergoing its first integrated modern exploration program, and Eagle Point being prepared for a maiden drill campaign, Western Star intends to advance its U.S. tungsten portfolio in a disciplined and systematic manner through the remainder of 2026.
The company's objective remains clear: discover and define meaningful domestic tungsten resources capable of contributing to a secure North American critical-mineral supply chain. However, there can be no assurance that exploration will result in the discovery or definition of a mineral resource or an economically viable mineral deposit.
