Western Sierra Resource Corporation (OTCMKTS:WSRC) Stock Rallies Following Expansion of Mining Projects
On Tuesday, Western Sierra Resource Corporation (OTCMKTS:WSRC) was in the news after it came up with its weekly project update and it could be a good idea for investors to take a look into it before the opening of markets today.
Trading Data
On Tuesday, WSRC stock gained 6.06% to $0.1400 with 1.70 million shares, compared to volume of 1.85 million shares. The stock moved within a range of $0.1226 – 0.1417 after opening trade at $0.1330.
Western Sierra Resource Corporation Announces Expansion of Mining Projects
The company is currently working on the California Twitchell Dam and Reservoir Project and the update was regarding that. Western Sierra announced that over the last two weeks of operations and mobilization, officers from the company had been at the site in meetings related to some of the recent weather events in the state of California.
On the other hand, officers from the company had also met the Chief Executive Officer of Silver State Mining Group Clifton Turley at location in Arizona. At the meeting, the two parties were locked in discussions with regards to the Sage Hen Mine and the possible addition of a fresh Processing Project in the state of Arizona.
The new Processing Project in Arizona is going to process and draw materials from a number of locations in the state for the purpose of recovering precious metals. It might be a good idea to keep the Western Sierra stock in your watch lists at this point.