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Western Star Resources Inc (2)
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Western Star begins field program at Eagle Point

2026-08-12 16:55 ET - News Release

Mr. Blake Morgan reports

WESTERN STAR RESOURCES COMMENCES MAIDEN FIELD PROGRAM AT EAGLE POINT TO ADVANCE PAST-PRODUCING U.S. TUNGSTEN PROJECT TOWARD DRILLING

Western Star Resources Inc. has commenced its maiden field exploration and drill planning program at the company's Eagle Point tungsten project, located in Hidalgo county, New Mexico, United States.

The program represents the next stage in Western Star's systematic advancement of Eagle Point following the company's acquisition of the past-producing tungsten property and is designed to validate and refine the geological model, evaluate the continuity and potential extent of tungsten mineralization, and ground truth proposed drill locations ahead of a future drilling program.

Western Star has engaged Dahrouge Geological Consulting Ltd. to undertake the program. Dahrouge's scope includes detailed geological and structural mapping, channel and grab sampling, validation of existing project data, and ground-truthing of proposed drill hole collar locations. Importantly, the field team will also evaluate areas surrounding the proposed drilling targets with the objective of identifying opportunities to expand the existing exploration target areas.

Eagle Point -- from historical tungsten producer to modern exploration target

Eagle Point represents a compelling component of Western Star's expanding U.S. tungsten strategy.

The property is a past-producing tungsten skarn system comprising 24 lode mining claims in the Granite Pass area of the Little Hatchet mining district. Historical records indicate approximately 1,800 tons of scheelite-bearing material were mined and shipped to the U.S. government stockpile at Deming during 1943 to 1944, settled on a basis of 0.48 per cent WO3 (tungsten trioxide).

Historical U.S. government work subsequently outlined the tonnage of mineralized tactite exposed at surface. J.N. Faick, geologist, U.S. Geological Survey, and Harrison Schmitt, consulting geologist to the then applicant, estimated a historical mineralized system on the order of approximately 170,000 tons, comprising approximately 70,000 tons grading 0.40 per cent WO3 and approximately 100,000 tons grading 0.25 per cent WO3. These figures are historical estimates only and are not current mineral resources or reserves.

The historical work ultimately resulted in the U.S. government preparing and recommending a Defense Minerals Exploration Administration exploration contract (Idm-E783, Docket DMEA-3701), under which it would have funded 75 per cent of a proposed shaft sinking and diamond drilling program. That contract never became effective and, therefore, the program was never carried out, leaving the principal exploration objectives largely untested. More recently, U.S. Geological Survey and New Mexico Bureau of Geology and Mineral Resources (USGS/NMBGMR) sampling provided additional evidence of high-grade tungsten mineralization at surface, including sample LH705, a scheelite-rich outcrop composite, returning 27.6 per cent WO3 and 0.98 per cent molybdenum, together with additional selective and composite samples returning elevated tungsten values. These samples are selective in nature and should not be considered representative of the average grade of mineralization on the property. Composite samples LH700avg and LH701 from the same program returned 0.35 per cent and 0.40 per cent WO3, respectively, consistent with the grade of the material historically shipped.

2026 Eagle Point field program

The coming program is intended to move Eagle Point from compilation of historical information toward a modern, field-validated geological and drill targeting model.

The program will include:

  • Detailed geological and structural mapping, including strike and dip measurements and digital field mapping;
  • Systematic channel and grab sampling, with samples documented, photographed, uniquely identified and submitted to ALS Tucson;
  • Ground truthing of local geology and proposed drill hole collar locations;
  • Field evaluation around proposed drilling targets, specifically aimed at identifying opportunities to expand the exploration target areas;
  • Review and validation of existing historical and modern project data;
  • Integration of the new field information with the company's existing Eagle Point geological database to assist in refining future drill targets.

A system that remains largely untested by modern exploration

One of the features management considers particularly significant at Eagle Point is the contrast between the amount of mineralization exposed and historically investigated at surface and the limited amount of drilling completed on the property.

Historical records describe eight skarn bodies exposed through an open cut, trenches and bulldozer cuts, while historical drilling was limited principally to a small number of shallow holes concentrated around the main open-cut area. The property therefore remains largely untested at depth and along strike using modern exploration methods.

The tungsten mineralization occurs within a contact-metamorphic skarn system developed along the limestone-granitic intrusive contact. Historical mapping indicates individual tactite bodies extending up to approximately 140 feet in length and approximately 30 feet in width, within a mineralized geological setting extending approximately 1,500 to 2,000 feet along the prospective contact. The limestone host is interpreted to be underlain by granite at approximately 200 to 300 feet depth, a constraint the program is intended to test.

Western Star believes that systematically mapping, sampling and, ultimately, drill testing this geological architecture provide the company with an opportunity to determine whether the historically identified surface mineralization continues at depth, along strike and into areas that received little or no historical exploration.

There can be no assurance that future exploration will result in the delineation of a mineral resource.

Chief executive officer comment

Blake Morgan, president and CEO of Western Star Resources, commented: "This is the program we have been eager to commence since acquiring Eagle Point. We are moving from historical records and exceptional surface indications to boots on the ground, systematic modern exploration and the identification and validation of drill locations.

"Eagle Point has a combination that is increasingly difficult to find in the United States: documented historical tungsten production, multiple mineralized skarn bodies exposed at surface, significant historical U.S. government involvement and modern government sampling that has confirmed very high-grade tungsten mineralization at surface.

"What excites us most, however, is what has not been done. The U.S. government previously agreed to support a drilling program at Eagle Point, yet that program was never completed, and the system has never been comprehensively tested using modern exploration techniques.

"Our objective with Dahrouge is straightforward: understand the geology in substantially greater detail, systematically sample the exposed mineralization, ground truth our proposed drill locations and investigate the surrounding areas for additional targets. We want the next phase of drilling to test the geological system intelligently and aggressively.

"Western Star is building its U.S. tungsten portfolio at a time when establishing secure domestic supplies of critical minerals has become a strategic priority. Eagle Point, together with our Nevada tungsten assets, gives Western Star exposure to multiple past-producing U.S. tungsten systems. We believe the work now under way can begin demonstrating the scale and significance of what we have assembled."

Building a U.S.-focused tungsten exploration platform

The Eagle Point program forms part of Western Star's broader strategy of assembling and systematically advancing past-producing and historically explored tungsten assets in the United States.

The company is advancing Eagle Point alongside its tungsten portfolio in Nevada, including the Rowland and White Star projects, where Western Star has also been applying modern geophysical, geochemical and geological exploration methods to historically productive tungsten systems.

Western Star's strategy is to use modern exploration to systematically evaluate these historically recognized mineralized systems, generate and prioritize drill targets, and advance the most compelling targets toward drilling.

Tungsten is designated as a critical mineral by the United States and is essential to a range of defence, aerospace, industrial and advanced manufacturing applications. Western Star believes the combination of increasing Western focus on critical-mineral security and the scarcity of domestic primary tungsten supply provides a strong strategic backdrop for the advancement of U.S.-based tungsten projects.

Next steps

Following completion of the Eagle Point field program, Western Star expects to integrate the mapping, structural measurements, channel and grab sampling, and drill location ground truthing with the property's historical database.

The resulting geological interpretation is expected to assist the company in ranking and refining targets for subsequent drill testing, subject to permitting, technical review, financing and other customary considerations.

Dahrouge is scheduled to provide a field summary/assessment report following completion of the program, with the current project schedule targeting completion by during September, 2026.

WO3 values quoted in this news release are calculated from elemental tungsten (W) using a conversion factor of 1.2611.

Historical estimates

The historical estimates referenced in this news release are historical in nature and were prepared prior to the implementation of National Instrument 43-101, Standards of Disclosure for Mineral Projects. A qualified person has not completed sufficient work to classify the historical estimates as current mineral resources or mineral reserves, and the company is not treating the historical estimates as current mineral resources or mineral reserves. The estimates rest on surface trenching, ultraviolet-lamp observation, and sparse grab and chip sampling, without drill support or documented quality control, and separate estimates diverge by a factor of three to four; the company therefore regards their reliability as low and their relevance as limited to context on historical exploration. Verification as current mineral resources would require detailed mapping, systematic channel sampling under a documented quality assurance/quality control protocol, and drilling of sufficient density to establish grade and geometric continuity, followed by independent data verification and estimation by a qualified person. The historical estimates are presented solely to provide context regarding the historical exploration of the Eagle Point property and should not be relied upon as current mineral resources or reserves.

Qualified person

Jasper Mowatt, MIMMM (No. 0486653), MAusIMM (No. 3178851), a consultant to the company and a qualified person as defined by NI 43-101, has reviewed and approved the scientific and technical information contained in this news release. Mr Mowatt is not independent of the company. The historical and third party information disclosed above is drawn from the sources listed above; the qualified person has reviewed those sources but has not verified the underlying sampling, assaying or survey data, which are not available, and visited the property in June, 2026.

About Western Star Resources Inc.

Western Star Resources is a mineral exploration company focused on the acquisition, exploration and advancement of critical-mineral assets in North America, with an increasing strategic focus on tungsten in the United States.

The company's U.S. tungsten portfolio includes the Eagle Point tungsten project in New Mexico and the Rowland and White Star tungsten projects in Nevada. Western Star's strategy is focused on applying modern exploration methods to historically productive and underexplored mineral systems with the objective of identifying and advancing significant new critical-mineral opportunities.

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