Western Star Resources Submits Application to U.S. Defense Industrial Base for Critical Tungsten Supply and Engages Plutus Invest for European IR

May 1st, 2026 11:45 AM
By: Newsworthy Staff

Western Star Resources has applied to supply tungsten to the U.S. Defense Industrial Base Consortium, highlighting the strategic importance of domestic critical mineral supply chains, and has engaged Plutus Invest for European investor relations, while also announcing a flow-through financing for exploration.

Western Star Resources Submits Application to U.S. Defense Industrial Base for Critical Tungsten Supply and Engages Plutus Invest for European IR

Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) announced that it has submitted an application in response to a solicitation from the U.S. Defense Industrial Base Consortium (DIBC) to provide a reliable supply of critical minerals, focusing on Tungsten (Wo3). The DIBC, managed by Advanced Technology International (ATI) on behalf of the U.S. Department of War (DoW), issued a new request for project proposal (RPP) in February 2026, prioritizing strategic critical minerals essential for defense technologies such as aircraft, missiles, and semiconductors.

The DIBC aims to expand and diversify the U.S. defense industrial base, enabling private-sector partnerships with the U.S. government and providing non-dilutive financing for key contractors. Critical metals are deemed essential for the defense industrial base, and the U.S. government is actively pursuing domestic production capabilities. Blake Morgan, CEO and President of Western Star, stated, "Western Star Resources is pleased to support DIBC initiatives focusing on strategic critical minerals. Our team will be traveling to Washington in May for meetings to discuss our past-producing tungsten asset. We believe this asset offers significant upside and look forward to demonstrating its potential as we approach our maiden drill program in 2026."

Western Star also announced the engagement of Plutus Invest & Consulting GmbH for investor relations services under a twelve-month agreement starting May 1, 2026. Plutus will provide consultation on advertorial marketing and public relations strategies, focusing on the European investment market through financial-news portals, investor newsletters, social media platforms such as X, LinkedIn, YouTube, Reddit, Telegram, paid digital advertising networks, and sponsored articles and video interviews. The Company agreed to pay Plutus a fee of Euro 200,000. The Plutus Agreement was negotiated at arm's length and is subject to CSE approval.

Additionally, the Company announced a non-brokered private placement of 833,333 flow-through common shares at $0.60 per share for gross proceeds of $500,000. Proceeds will be used for eligible Canadian exploration expenses related to the Western Star Project, including qualifying expenses for the critical mineral tax credit (CMETC). The FT Shares are subject to a four-month-and-one-day hold period, and the offering is subject to CSE approval.

Western Star Resources is a mineral exploration and development company focused on increasing shareholder value through cost-effective exploration and strategic partnerships. The Company owns the past-producing Rowland tungsten property in Jarbidge, Nevada, and holds nine mineral claims totaling 4,740 hectares in the Revelstoke mining division of British Columbia. For more information, visit https://www.westernstarresources.com.

Source Statement

This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,

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