A Wartime Tungsten Mine the U.S. Government Wanted Drilled -- but Never Did -- Just Changed Hands
Issued on behalf of Western Star Resources Inc.With China controlling the vast majority of the world's tungsten and a 2027 U.S. defense-procurement cliff approaching, a past-producing New Mexico mine with a 27.6% surface sample has become a strategic acquisition.Equity Insider News CommentaryVANCOUVER, BC, June 15, 2026 /CNW/ -- In the 1950s, the United States government looked at a high-grade tungsten deposit in the New Mexico desert, judged it strategically important enough to co-fund, and signed a contract to pay 75% of the cost of sinking a shaft and drilling it out. Then the contract was never executed, the drilling never happened, and the deposit slipped back into obscurity for the bet
