Western Star Resources reported promising tungsten assay results from surface samples at its Eagle Point project in New Mexico, with values up to 0.55% WO3 and a continuous channel sample averaging 0.11% WO3 over 13.1 feet. These results confirm scheelite-bearing skarn along 2,600 feet of limestone-granite contact and guide a planned 17-hole, 6,070-foot drill program, the first in over 70 years. The project is significant as tungsten is a U.S. national security priority, and the drilling aims to define a maiden mineral resource. The company is advancing drilling logistics and permitting, with further analysis planned to confirm the deposit's potential.
Western Star's Eagle Point tungsten project is highlighted here with relevant market data for context. For readers following the Basic Materials sector, 14 of 38 US stocks rose while 24 fell. AngloGold Ashanti Limited (AU) traded at USD 91.75 with a 1-day change of -1.92%, Sibanye Stillwater Ltd (SBSW) at USD 9.82 down 1.90%, and Wheaton Precious Metals Corp (WPM) at USD 135.27 down 1.73%, as of Oct 07, 2026 14:31 WIB.
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