Western Sierra Resource Corp (WSRC)

[avnzig]

Read the press release, it's all there in the first paragraph.
This has nothing to do with gold mining.

"Binding Agreement, having a value of $1.976 Billion was executed between its wholly owned subsidiary, Mitigation Solutions, LLC (MSL) and the Santa Maria Valley Water Conservation District (SMVWCD) in Santa Barbara County, CA. A Final Contract was ratified by all Parties on October 19, 2022. Under this final Contract, MSL will mitigate damage and restore the Twitchell Dam and Reservoir to its original holding capacities at cost of from $1.5 Billion to $2 Billion. The Contract allows for adjustment in the scope and term of the project - over an anticipated completion schedule of 7 to 10 years. Gross revenue to the Company is estimated to average $200 million annually."

Also important : "This scheduled revenue enhances the Company's ability to fund its other natural resource projects without debt or dilution."

And : "Two additional projects are currently in queue."