S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Nevada Tungsten Discovery Hits Grades Double Historical Benchmarks

Western Star Resources has reported rock-chip assays peaking at 4.02% tungsten trioxide at its Nevada properties, doubling historical grades in a district critical to U.S. defense interests. As Washington moves to secure domestic supply chains, these early-stage results position the company within an increasingly strategic critical-minerals market.

Nevada Tungsten Discovery Hits Grades Double Historical Benchmarks
Photo: Bio & News

The company’s inaugural sampling at the Rowland Tungsten Property and the adjacent White Star Tungsten Project in Elko County yielded high-grade results that align with the geochemical profile of scheelite-bearing skarn systems. At the Rowland Main workings, five samples exceeded 1.0% tungsten trioxide, while a standout sample at the previously unmineralized White Star site returned 3.00% tungsten trioxide alongside 711 ppm molybdenum. These findings are currently being integrated with completed UAV magnetic surveys to finalize drill targets.

While surface sampling remains an early-stage exploration tool, the results arrive at a moment of acute supply-chain anxiety. The United States has lacked significant domestic tungsten production for a decade, leaving the aerospace and defense sectors heavily reliant on imports, particularly from China. With the Pentagon prioritizing secure access to strategic metals, Western Star is positioning its Nevada assets to benefit from the same policy-driven capital flows that have supported larger industry players. The company must now prove that these surface-level grades hold depth and continuity through a maiden drill program.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!