TheNewswire
07 Oct 2026, 07:30 UTC · 2h ago
Impact · against what's priced in
Western Star Resources is transitioning from surface sampling to a definitive 6,070-foot drilling program at Eagle Point. The first modern assays provide a baseline grade and clear targets, shifting the stock's valuation driver toward future drilling results.
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What the story claims
4 claims · scored −1 bearish … +1 bullish · 4 new · 0 priced in
Western Star will launch a 17-hole drill program totaling approximately 6,070 feet at the Eagle Point project.
Newpress release dated October 7th 2026
So whatThis represents the first drilling at the site in over 70 years and will likely dictate the company's valuation through the next series of assay prints.
More positive than 87% of claims this week
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The confirmation of scheelite-bearing skarn and a 13.1-foot channel sample averaging 0.11% WO3 justifies the initiation of a 17-hole drill program, the first at the site in 70 years.
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Scored by the NIS engine · methodology.
First modern assays showed a 13.1-foot continuous channel sample averaging 0.11% WO3.
Newpress release dated October 7th 2026
So whatThe estimated true width of 12.5 feet provides a baseline for volume calculations as the company moves toward a maiden resource estimate.
More positive than 79% of claims this week
Surface grab samples returned tungsten grades as high as 0.55% WO3.
Newpress release dated October 7th 2026
So whatWhile selective, these high-grade peaks in Trenches 4, 5, and 6 provide the specific target coordinates for the upcoming 6,070-foot drilling.
More positive than 65% of claims this week
Scheelite-bearing skarn has been mapped intermittently along 2,600 feet of the limestone granite contact.
Newpress release dated October 7th 2026
So whatWith samples only covering 1,680 feet of this contact, roughly 35% of the mapped zone remains untested by the recent sampling program.
More positive than 53% of claims this week
Which stocks this story touches
More positive than 87% of ticker scores this week
The company reported encouraging first modern assay results from its Eagle Point Tungsten Project, identifying clear targets for an upcoming drill program.
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