Business
Western Star Resources Signs Letter of Intent to Acquire Real American, Advancing U.S. Critical Minerals Strategy
Vancouver, British Columbia – TheNewswire - September 24, 2025 - Western Star Resources Inc. (CSE: WSR; OTCQB:WSRIF) (the “Company” or “Western Star”) an emergi
About this update from Western Star Resources, Inc.
[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - September 24, 2025 - Western Star Resources Inc. (CSE: WSR; OTCQB:WSRIF) (the “Company” or “Western Star”) an emerging resources exploration company focused on building a domestic portfolio of critical mineral assets is pleased to announce that it has entered into a Letter of Intent (LOI) to acquire The Real American Corp, a Nevada-based company with high-grade, past-producing tungsten projects in one of the most prolific mining districts in the United States. This LOI represents the next phase of Western Star’s U.S. expansion strategy, following the recently announced Memorandum of Understanding (MOU) with The Real American Corp. The planned acquisition positions Western Star to become a key player in re-establishing U.S. production of tungsten — a mineral classified as critical to national security by the U.S. Department of Defense (DoD), Department of Energy (DOE), and U.S. Geological Survey (USGS). Why Real American Corp is a Strategic Asset Critical Mineral Status: Tungsten is indispensable for defense, aerospace, energy, and semiconductor industries. The U.S. currently has no domestic commercial production, making it highly dependent on imports, with ~85% of global supply controlled by China. High-Grade Potential: The Real American Corp holds projects from historic past producers to early stage high grade Tungsten Projects with grades up to 5.12% WO, significantly higher than the North American average (~0.3% WO₃). Brownfield Advantage: The properties are road accessible, past-producing, and located in Nevada’s Tobin and Sonoma Range, near the historic Springer Tungsten Mine. Exploration Upside: Identified in the 1940s, these projects have proven mineralization but remain majority under-explored. Modern exploration techniques, geophysics, and drilling present significant potential to expand resources. Alignment with U.S. Policy: Recent Executive Orders prioritize fast-tracking domestic tungsten projects, with federal grants and defense-sector support available for qualifying assets. “Securing a domestic source of tungsten is not just a business opportunity — it’s a matter of national importance,” said Blake Morgan, CEO of Western Star. “The acquisition of Real American Corp aligns perfectly with Western Star’s mission to deliver value to shareholders while suppo...