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Western Sierra Resource Corporation Announces Initial Income of $1.2 Million From Water Assets
Western Sierra Resource Corporation Announces Initial Income of $1.2 Million From Water Assets.
About this update from Western Sierra Resource Corp.
[{"type":"text","content":"\n STEAMBOAT SPRINGS, Colo., Nov. 09, 2021 (GLOBE NEWSWIRE) -- WESTERN SIERRA RESOURCE CORPORATION (OTC: WSRC) is pleased to confirm the filing of Company’s September 30, 2021 Quarterly Report reflecting income from water assets utilization fees in the amount of $1,202,800 and total assets of $50.1 million. The Company filed a copy of the completed 2019 and 2020 Audits on OTC Markets concurrent with its October 27, 2021 press release. Income from other WSRC natural resource projects will be announced as subsequent quarterly reports are completed. The Company continues to position itself as a multi-dimensional natural resource, renewable resource, and energy / energy conservation enterprise and is investing the necessary time, diligence, and capital to achieve sustainable growth by meeting individual project revenue objectives to the benefit of our shareholders. Revenues will be realized through concentrated effort in the following Project areas: Natural Resource Development: Enhanced (Proprietary and Eco-Sensitive) Microscopic Recovery of Precious Metals as a hedge against currency fluctuation/devaluation. (Sage Hen Mine, Nevada) Precious Metals. According to Fortune Business Insights, the global precious metals market size is expected to gain momentum by reaching USD 403.08 billion by 2028 from USD 275.40 billion in 2021 while exhibiting a CAGR (compound annual growth rate) of 5.6% between 2021 to 2028.Natural Resource Development: Water and Infrastructure for beneficial use in cultivation of industrial hemp for processing and subsequent manufacture of “green” carbon sequestering construction products to build affordable homes in collaboration with Global Hemp Group. (Hayden, Colorado). Industrial Hemp. According to Markets and Markets, the market for industrial hemp is currently valued at $4.6 billion and is forecasted to grow at a CAGR (compound annual growth rate) of 34% from USD 4.6 billion in 2019 to USD 26.6 billion by 2025.Natural Resource Development: Helium exploration and production to address unmet demand in myriad technological applications. (NM, CO, AZ, NV). Helium. According to Verified Market Research the Helium Gas Market size was valued at USD 21.04 Billion in 2020 and is projected to reach USD 30.80 Billion by 2028, growing at a CAGR (compound annual growth ...