Western Star Signs Letter of Intent to Acquire Real American Corp, Advancing U.S. Critical Minerals Strategy

Core Viewpoint - Western Star Resources Inc. has entered into a Letter of Intent to acquire The Real American Corp, enhancing its position in the critical mineral sector, particularly tungsten, which is vital for U.S. national security [1][2][3] Company Overview - Western Star is focused on building a domestic portfolio of critical mineral assets while advancing its flagship gold and silver project in Canada [4] - The company aims to align its operations with U.S. government priorities to secure domestic supplies of essential minerals for defense, energy, and advanced manufacturing [4] Acquisition Details - The acquisition of The Real American Corp is part of Western Star's U.S. expansion strategy and is expected to provide cornerstone assets in Nevada, thereby strengthening its role in advancing America's resource independence [2][3] - The Real American Corp holds high-grade tungsten projects with grades up to 5.12% WO, significantly higher than the North American average of approximately 0.3% WO₃ [5] Strategic Importance of Tungsten - Tungsten is classified as a critical mineral by the U.S. Department of Defense, Department of Energy, and U.S. Geological Survey, with the U.S. currently having no domestic commercial production and relying heavily on imports, particularly from China, which controls about 85% of the global supply [5] - The acquisition aligns with recent U.S. Executive Orders that prioritize fast-tracking domestic tungsten projects, with potential federal grants and defense-sector support available for qualifying assets [5] Exploration Potential - The properties acquired are road accessible, past-producing, and located in Nevada's Tobin and Sonoma Range, near the historic Springer Tungsten Mine, presenting a brownfield advantage [5] - The projects have proven mineralization but remain largely under-explored, with modern exploration techniques offering significant potential to expand resources [5]