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Monday, October 25, 2021

Western Sierra Resource Corp (OTCMKTS: WSRC) Parabolic Run as Co Looks to Aqcuire Sage Hen Mining claims in Nevada operator Silver State Mining Group, Inc. (“SSMG”)

Western Sierra Resource Corp (OTCMKTS: WSRC) continues to move steadily higher with power in recent days with daily trading dollar rising swiftly as WSRC traded over $20 million in dollar volume on Wednesday alone while the stock more than doubled. WSRC has emerged in recent days as an investors favorite and is currently among the most actively searched and talked about stocks in small caps. Currently under heavy accumulation WSRC is moving steadily northbound with many new investors buying in every day. WSRC is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – WSRC is currently on a blue-sky breakout!  

WSRC absolutely skyrocketed after the Company reported on June 22 it has entered into negotiations with Silver State Mining Group, Inc. (“SSMG”) to acquire 70% of its common stock. SSMG owns 49% of the Sage Hen Mining claims in Nevada totaling 640 acres. The Sage Hen claims are located adjacent to the Relief Canyon Mine in the Oreana Tend. In addition to gold and silver, the enhanced recovery system assays have indicated platinum, palladium and rhodium. WSRC and SSMG plan on building a 100 ton/day plan and then immediately increasing that to 1,100 tons/day. Projected annual net income from the 100 ton/day and 1,100 ton/day operation is $269 million and $3.2 billion respectively.  

Western Sierra Resource Corp (OTCMKTS: WSRC) operating out of steamboat springs, Colorado historically was a gold and silver mining company which continues to own several historical precious metal reserves in Arizona.  In 2014 the Company broadened its vision to include natural (and renewable) resources with its acquisition of water rights and associated infrastructure assets in Colorado for purposes of irrigating and cultivating industrial hemp; processing hemp for manufacture of various building products; and construction of affordable homes utilizing hemp-based materials—among other beneficial uses. Commercial, Industrial, and Agricultural land for these purposes has been recently acquired (closed as of 06.15.21) at a price of $1,400,000, with additional agricultural and residential land also now under a $250,000 non-refundable earnest money purchase contract. WSRC’s intent is to become a broad-based resource company with high value and high-income generating assets including water rights and precious metals and related technologies. 

The stock has been on a powerful run up the charts since the Company reported on June 22 it has entered into negotiations with Silver State Mining Group, Inc. (“SSMG”) to acquire 70% of its common stock. SSMG owns 49% of the Sage Hen Mining claims in Nevada totaling 640 acres. The Sage Hen claims are located adjacent to the Relief Canyon Mine in the Oreana Tend. In addition to gold and silver, the enhanced recovery system assays have indicated platinum, palladium and rhodium. WSRC and SSMG plan on building a 100 ton/day plan and then immediately increasing that to 1,100 tons/day. Projected annual net income from the 100 ton/day and 1,100 ton/day operation is $269 million and $3.2 billion respectively.  

Management states it looks forward to providing further details and timely updates on the company’s progress. 

Late last year the Company executed an Exclusive Strategic Partnership Agreement with Global Hemp Group, Inc. of Vancouver, BC (CSE: GHG/OTC: GBHPF/Frankfurt: GHG) to create a sustainable economic zone in Northwestern Colorado. The Partnership has designed a vertically integrated system beginning with industrial hemp irrigation and cultivation; preliminary processing; manufacture of hemp-based (“green”) construction products; and fabrication of affordable homes utilizing those products all from a central campus and adjacent to the hemp farm and known as a Hemp Agro-Industrial Zone (HAIZ). 

The hemp cultivation will focus on the production of hurd and fiber, which will be processed into value-added products in what is being termed the Hemp Agro-Industrial Zone (HAIZ). Initially the HAIZ will focus on building materials that will then be used in the construction of affordable housing in Colorado.

https://twitter.com/savemeplease15/status/1407441252027715585

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WSRC

  • In May the Company reported in conjunction with its partner Global Hemp Group Inc. it has entered into a second strategic property acquisition that will be utilized in the development of its Colorado Hemp Agro-Industrial Zone (HAIZ) in Northwest Colorado. The fully executed contract for the purchase of approximately 175 net acres of annexed and entitled land will serve as the catalyst for the Company’s initial Planned Unit Development (PUD) of “green” and “affordable” homes, as well as irrigated industrial hemp cultivation. This is part of the Company’s “Master Plan” to attract and showcase Industrial Hemp and related green and carbon neutral/negative building technologies to the World. Earnest money in the amount of US$250,000 has been deposited pending completion of due diligence to include title search, survey, and on-site property inspection. Subject to completion of due diligence on or before June 11, 2021, the earnest money will become non-refundable, and the purchase will be scheduled for closing, with final payments for the property payable on or before December 11, 2021. 
  • Land Planning and Engineering Firms have been engaged by the Company. Immediately following the June 11th due-diligence completion date, the Company will be coordinating with the City Planners, Building Department, and its own consultants to establish a detailed land use plan from which to efficiently stage development of both properties totaling approximately 220 acres. Details of the transaction, and the core features of the vision shared by the City and the Company for a sustainable, affordable, and green community will be forthcoming as those events unfold and the HAIZ comes to fruition. 
  • WSRC and Global Hemp Group Inc. are preparing to build a hemp-based “Sustainable Community” from the ground up, strategically located in a beautiful part of northwestern Colorado, a location in great need of affordable housing. The project will utilize hemp from its eco-friendly farm processed into carbon neutral/negative building materials at its nearby industrial campus. The hemp-tech “campus” will serve as incubator for the development and production of new hemp-tech intellectual property and will also serve to showcase best-in-class carbon reducing building technologies. This unique initiative will be an open invitation to collaborate with leading hemp-tech R&D scientists, academic partners, community stakeholders, and hemp-tech start-up entrepreneurs from around the world. Our ultimate Corporate Vision is contributing towards the development of a zero-carbon footprint living environment supportive of a healthy community model for the future. In order to achieve this vision, the Company will become a leader in the establishment of a “Gold Standard” in hemp-tech building sciences. 

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WSRC continues to move steadily higher with power in recent days with daily trading dollar rising swiftly as WSRC traded over $20 million in dollar volume on Wednesday alone while the stock more than doubled. WSRC has emerged in recent days as an investors favorite and is currently among the most actively searched and talked about stocks in small caps. Currently under heavy accumulation WSRC is moving steadily northbound with many new investors buying in every day. WSRC is looking to blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension – Tesoro went to multi dollars – WSRC is currently on a blue-sky breakout!   WSRC absolutely skyrocketed after the Company reported on June 22 it has entered into negotiations with Silver State Mining Group, Inc. (“SSMG”) to acquire 70% of its common stock. SSMG owns 49% of the Sage Hen Mining claims in Nevada totaling 640 acres. The Sage Hen claims are located adjacent to the Relief Canyon Mine in the Oreana Tend. In addition to gold and silver, the enhanced recovery system assays have indicated platinum, palladium and rhodium. WSRC and SSMG plan on building a 100 ton/day plan and then immediately increasing that to 1,100 tons/day. Projected annual net income from the 100 ton/day and 1,100 ton/day operation is $269 million and $3.2 billion respectively. We will be updating on WSRC on a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with WSRC.

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Disclosure: we hold no position in WSRC either long or short and we have not been compensated for this article.

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