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Western Star Resources Announces Preliminary Due Diligence of Nevada Assets Reveals Strong Historical Data; Completion Expected Within 20 Day Advancing U.S. Critical Minerals Strategy
Thenewswire·2025-10-01 12:00

Core Insights - Western Star Resources Inc. is conducting a preliminary due diligence review of The Real American Corp, revealing strong historical data that highlights the project's high-grade potential and strategic value. The full due diligence process is expected to be completed within 20 days, after which the company plans to move towards a definitive agreement for acquisition [1][2]. Group 1: Company Overview - Western Star is a resource exploration company focused on advancing its flagship gold and silver project in Canada while expanding into the U.S. with an emphasis on strategic critical minerals [3]. - The company is committed to responsible exploration and development, aligning its asset portfolio with U.S. government priorities to secure domestic supplies of minerals essential for defense, energy, and advanced manufacturing [3]. Group 2: The Real American Corp - The Real American Corp is a privately held mining company with a focus on critical mineral assets, particularly tungsten, in Nevada. The company utilizes AI technology to evaluate high-potential assets across North America [4]. - The project includes historical samples with assays reporting up to 5.12% WO₃, significantly higher than the North American average of approximately 0.3% WO₃ [5]. Group 3: Strategic Importance - The Real American Corp aligns with U.S. government directives aimed at securing a domestic tungsten supply, a resource critical to national security, with no U.S. commercial production since 2015 and global supply dominated by China (approximately 85%) [2]. - The project is located in a prolific district recognized for tungsten-bearing skarn deposits, near the historic Springer Tungsten Mine, with multiple underexplored outcrops and mineralized zones that present exploration upside [5].