14:50:58 EST Fri 13 Nov 2026
Enter Symbol
or Name
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CA



Western Star Resources Inc. - Common Shares
Symbol WSR
Shares Issued 61,395,716
Close 2026-11-12 C$ 0.335
Market Cap C$ 20,567,565
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ORIGINAL: Scouting Report: Who Is on the Field for U.S. Tungsten Ahead of the 2027 Rule

News Provided by U.S. Metal News on behalf of Western Star Resources Inc.

2026-11-13 07:23 ET - News Release

VANCOUVER, British Columbia, Nov. 13, 2026 (GLOBE NEWSWIRE) -- U.S. Metal News News Commentary - Seven weeks before a U.S. defense procurement restriction on tungsten from China, Russia, Iran and North Korea takes effect, the companies working to rebuild domestic supply are at very different points on the field: one is shipping concentrate, two are working through studies and one is preparing to drill for the first time. Companies mentioned in today’s commentary include: Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) (FRA: 4K2), Guardian Metal Resources plc (NYSE American: GMTL), American Tungsten Corp. (OTCQX: TUNGF), Almonty Industries Inc. (NASDAQ: ALM).

From January 1, 2027, U.S. defense procurement rules restrict tungsten sourced from China, Russia, Iran and North Korea in key military applications, and the United States currently has no active tungsten mines. That leaves the domestic bench to a short list of companies working on past-producing ground, studies and first drill programs.

How to Read the Report

Each company gets the same five lines. Position is its stage. Home field is its main project. Stat line is the latest work it has reported. Bench depth covers its other assets. Next play is what the company says comes next. Every line is taken from the company’s own releases or filings, and no company is ranked against another.

Featured Prospect

Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) (FRA: 4K2)

Position: Explorer preparing a maiden drill program on past-producing U.S. tungsten ground.

Home field: The 100%-owned Eagle Point Tungsten Project in Hidalgo County, New Mexico, where scheelite-bearing skarn sits along the contact between intrusive granite and Horquilla Limestone.

Stat line: On November 11, the Company reported that a high-resolution drone magnetic survey covering approximately 4.9 km² traced the interpreted granite-limestone contact for approximately 3 kilometres, including beneath talus and shallow cover north-west of the historical workings. The planned 17-hole, approximately 1,850-metre (6,070-foot) drill program has been positioned on that contact, with six holes stepping out up to approximately 400 metres north-west of the workings.

Bench depth: The Rowland and White Star tungsten projects in Nevada, where in October the Company outlined drill targets at Rowland and then White Star as part of a planned 5,000-foot drill program across its Nevada tungsten properties, plus additional exploration exposure through the Western Star Property in British Columbia.

Next play: Assay results from 23 samples collected in August 2026 are pending at ALS Geochemistry in Tucson, Arizona, and will be integrated with the magnetics and the three-dimensional model to finalize drill targets. The Company is advancing drilling logistics and applicable permitting for the proposed program.

CONTINUED... Read this and more news for Western Star Resources at: https://usmetalnews.com/

The Rest of the Roster

Guardian Metal Resources plc (NYSE American: GMTL)

Position: Tungsten development company.

Home field: Pilot Mountain and Tempiute in Nevada. Guardian describes Pilot Mountain as one of the largest undeveloped tungsten deposits in the U.S. and Tempiute as formerly America’s largest producing tungsten operation.

Stat line: The Pilot Mountain pre-feasibility study has been completed and the definitive feasibility study is well underway, with mine permitting activities progressing in parallel. In July 2025, the U.S. Department of War invested US$6.2 million under Title III of the Defense Production Act to support the Pilot Mountain PFS.

Bench depth: The 100%-owned Pilot North, Cinch and White Elephant tungsten projects. On November 11, the board approved in principle a proposed spin-out of its non-tungsten Nevada projects (Garfield, Golconda Summit and Stonewall) into a new company.

Next play: Admission of the spin-out company to trading on AIM is targeted by the second quarter of 2027, subject to final structure, approvals and market conditions.

American Tungsten Corp. (OTCQX: TUNGF)

Position: Explorer and developer at a past-producing underground tungsten mine.

Home field: The IMA Mine, on 22 patented claims in east-central Idaho, which produced approximately 199,449 MTUs of WO₃ between 1945 and 1957.

Stat line: On October 29, the company reported a newly identified 360 portal vein, with hole AT26-58S cutting 18.9 feet grading 0.54% WO₃. Its mineral resource estimate includes 316,000 tonnes Indicated at 0.55% WO₃ and 2,178,000 tonnes Inferred at 0.55% WO₃.

Bench depth: Surface tailings with an Indicated resource of 267,000 tonnes at 0.15% WO₃.

Next play: The company expects to complete a Preliminary Economic Assessment before year-end 2026.

Almonty Industries Inc. (NASDAQ: ALM)

Position: Producer of tungsten concentrate.

Home field: The Sangdong tungsten mine in South Korea, where Phase I was in commissioning and ramp-up as of the company’s second quarter report.

Stat line: For the second quarter of 2026, Almonty reported revenue of C$43.0 million, up 498% from a year earlier, and cash of about C$1.2 billion at June 30, 2026, after closing US$800 million of convertible senior notes.

Bench depth: The Panasqueira mine in Portugal and the Gentung tungsten project in Montana, plus a fully permitted Phase II expansion at Sangdong that would raise capacity to up to 1.2 million tonnes per year.

Next play: The company lists the Sangdong Phase II expansion, a tungsten oxide facility in South Korea, Gentung and the Panasqueira extension among its upcoming milestones.

The Report in Short

The roster spans every stage, from a concentrate producer to developers with completed studies to explorers drilling for the first time. Western Star’s line is the earliest of the group: a mapped contact, a positioned 17-hole program and assays pending, with the January 2027 procurement deadline as the policy backdrop.

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Contact Information:

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DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor a recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances.

This article is being distributed by U.S. Metal News, which is wholly owned and operated by Market Equities Limited (“MEL”), a company incorporated under the laws of Ireland. MEL has been paid directly by Western Star Resources Inc. under an Investor Awareness Agreement dated September 11, 2026, covering branding, communications, advisory and general consulting services, including weekly ticker tag articles and news-based tags, which has been renewed on the same terms. MEL also expects to receive further compensation as part of an ongoing digital media effort to increase visibility for the company. No further notice will be given, but let this disclaimer serve as notice that all material, including this article, has been reviewed and approved by Western Star Resources Inc.. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision.

MEL and the Company are not related parties and operate at arm’s length. MEL and its owners, operators, directors, and affiliates do not own any shares of Western Star Resources Inc.. There may also be third parties who hold shares of Western Star Resources Inc. and may liquidate their shares, which could have a negative effect on the price of the stock.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this publication is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. This document is governed by the laws of Ireland.

Cautionary Note Regarding Exploration Results. Western Star has not defined any mineral resource or mineral reserve at Eagle Point or its other properties. Magnetic surveys measure a physical rock property and do not detect tungsten; scheelite is not magnetic, and the magnetic interpretation described in this publication is conceptual and requires confirmation by drilling. The planned drill program has not commenced and remains subject to logistics and applicable permitting. Sample LH705 and the LH700 to LH711 suite were not collected by or under the supervision of the Company, and the Qualified Person has not verified their sampling or analytical procedures. The technical information in the Company’s releases was reviewed and approved by Jasper Mowatt, MIMMM, MAusIMM, a consultant to the Company and a Qualified Person under NI 43-101 who is not independent of the Company. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of the Company’s releases. References to U.S. defense procurement rules are provided for context only and do not imply that the Company will receive any contract or benefit.

Eagle Eye Disclosure. Eagle Eye is an investor signal-intelligence platform affiliated with the publisher of this article, and this reference constitutes promotion of an affiliated product. Eagle Eye is not a broker-dealer, and nothing in the platform or in this article is financial, investment, tax, or legal advice. Data provided in the platform is for informational purposes only and may be delayed. Always do your own research before making any investment decision.

Forward-Looking Statements. This publication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and applicable Canadian securities legislation. Forward-looking statements can be identified by words such as “expects,” “anticipates,” “intends,” “plans,” “targets,” “may,” “will,” “could,” “should,” “believes,” “estimates,” “potential” and similar expressions, and include, without limitation, statements regarding the interpretation of the Eagle Point magnetic survey, the planned drill programs in New Mexico and Nevada, pending assay results, permitting, and future exploration plans of Western Star Resources, and the plans, guidance and timelines of the other companies mentioned, as stated in their own news releases and filings. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including exploration and development results, permitting and regulatory decisions, the availability of financing, commodity prices, construction and operating risks, and general economic conditions. Forward-looking statements speak only as of the date of this publication, and we undertake no obligation to update them except as required by law.

SOURCE U.S. Metal News


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