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FAQ: Western Star Resources' Acquisition of the Past Producing Rowland Tungsten Project in Nevada

TL;DR

Western Star Resources acquires a high-grade tungsten project in Nevada, positioning the company to capitalize on U.S. government support for domestic critical mineral production.

Western Star Resources will acquire the Rowland Project through staged payments and exploration milestones, beginning with geophysics and sampling to advance toward drilling.

This acquisition supports U.S. efforts to establish domestic tungsten production, reducing reliance on foreign sources and strengthening national security and supply chains.

The Rowland Project contains tungsten grades up to 3.38% WO₃ from historical production and represents a significant exploration opportunity in Nevada's Jarbidge district.

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FAQ: Western Star Resources' Acquisition of the Past Producing Rowland Tungsten Project in Nevada

Western Star Resources is acquiring an option to purchase the past producing Rowland Project, a tungsten property located in the Jarbidge mining district of Nevada.

The project is important because tungsten is a critical mineral for defense, aerospace, energy, and semiconductor industries, and the U.S. currently has no domestic commercial production, making it highly dependent on imports with approximately 85% of global supply controlled by China.

In 1943, 4.5 tons of ore containing 3.38% WO₃ were shipped, and during 1954-56, about 1,000 tons of ore containing 0.5 to 1.0% WO₃ was produced from the property.

The property is located in the Jarbidge mining district of Nevada, about 6 miles southwest of Jarbidge, and is road accessible.

The area features limestones, shales, and quartzites intruded by a quartz monzonite stock, with adjacent shales and limestones metamorphosed to skarn and hornfels in zones up to 100 feet wide, containing scheelite with molybdenite, powellite, pyrite, and other minerals.

The company plans to begin with geophysics, channel sampling, and mapping as soon as possible, with the goal of reaching a drill-ready stage for a maiden drilling program early next year.

The acquisition aligns with recent U.S. government directives to secure domestic tungsten supply, as tungsten is classified as critical to national security, and recent Executive Orders prioritize fast-tracking domestic tungsten projects with federal grants and defense-sector support.

The project has identifiable mineralization but remains under-explored using modern exploration techniques, having been originally identified in the 1940s, presenting significant exploration upside.

Blake Morgan is the CEO, who stated that securing a domestic source of tungsten is 'not just a business opportunity, it's a matter of national importance' and that the acquisition aligns with the company's mission to deliver shareholder value while supporting U.S. government priorities.

The mine workings consist of two shallow shafts and several hundred feet of open cuts, and the property is road accessible as a past producing mine.

Curated from NewMediaWire

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