Western Sierra Resource Corporation
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Roger Johnson
- Full Time Employees
- 2
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 6175 Plumtree Lane Edmond OK United States of America 73034
- IPO Date
- May 18, 2001
- CIK
- 0000042050
- Website
- westernsierraresource.com
- Similar Companies
- Business
- Western Sierra Resource Corporation operates as a diversified natural resource company engaged primarily in gold and silver mining with projects located in Arizona, Nevada, California, and Mexico. The company owns six precious metal reserves in Arizona and one in Nevada and manages mineral resource projects spanning precious metals, helium, and natural gas properties across the Southwestern United States. Additionally, Western Sierra Resource has expanded its portfolio to include water and infrastructure assets in Northwest Colorado, utilized for industrial hemp irrigation, processing, and manufacturing hemp-based building materials for affordable onsite housing primarily targeting the resort market in Steamboat Springs, Colorado. The company's product and service offerings encompass precious metal mining and processing; helium and natural gas extraction; water rights management; industrial hemp cultivation and processing; and the production of hemp-based construction materials. Founded in 1907 and headquartered in Edmond, Oklahoma, the company was formerly known as Western Sierra Mining Corp. before changing its name in September 2018. In recent years, Western Sierra Resource Corporation has experienced significant strategic expansion and operational developments. Notably, in 2022, the company acquired Mitigation Solutions, LLC, enabling it to engage in the multibillion-dollar Twitchell Dam and Reservoir mitigation project in California, securing a binding agreement valued at approximately $1.976 billion with the Santa Maria Valley Water Conservation District, anticipated to generate about $200 million in annual gross revenue over 7 to 10 years. The company also announced a 69% increase in projected revenues, expanding its mining claims by an additional 660 acres and engaging mining contractors at its Sage Hen Mine. In parallel, WSRC closed a $25 million funding agreement with Beton Inc. to support projects leveraging its land and water assets for hemp cultivation and related construction material production, alongside precious metal recovery and helium production. Furthermore, the company is advancing the development of energy and conservation technologies through its subsidiary Mystere Power Group, LLC, focusing on innovative HVAC energy reduction, airborne pathogen elimination, off-grid power generation, and air-water generation technologies. These initiatives emphasize the company's transformation into a broad-based resource enterprise with high-value, income-generating assets in precious metals, natural gas, helium, water, agriculture, and green technologies, pursuing multi-industry growth across the Southwestern United States and Colorado.
Western Sierra Resource Corporation Retains International Monetary for Investor Awareness and Other Strategic Services
Western Sierra Resource Corporation Provides Update on Progress to Become a Multi-Project Natural Resource Company
Western Sierra Resource Corporation Announces 69% Increase in Previously Projected Revenues to $4.6 Billion, Expansion of Claims by Additional 660 Acres and Engagement of Mining Contractors at Sage Hen Mine. Video and Mining Report Posted on Website
WSRC Charts Progress After Closing on Strategic Commercial Property—Projects Up to $58,340,384 in Annual Net Revenue for the Hemp Agro-Industrial Zone (HAIZ) Upon Reaching Scale
Western Sierra Resource Corporation Enters Negotiations for Acquisition of a Majority Stake in a 25,000 Acre Helium Production Project
Western Sierra Resource Corporation Acquires Majority Ownership of Silver State Mining Group and the Sage Hen Mine
Western Sierra Resource Corporation Enters Talks to Acquire Majority Stake in a Gold Mining Operation With Enhanced Recovery Net Income Projected at $3.2 Billion
Western Sierra Resource Corporation Contracts on Strategic Property for the Hemp Agro-Industrial Zone (HAIZ)
Western Sierra Resource Corporation Introduces Breakthrough Technology Applications Developed by its Energy Conservation Division -- Mystere Power Group, LLC (MPG)
Western Sierra Resource Corporation Completes Definitive Agreement to Consolidate Assets, Retire Debt and Access Funding for New Projects Utilizing Its Strategic Water Infrastructure Assets in Colorado