Vault Strategic Announces 2026-Phase 2 Exploration Program to Follow Up Tungsten and Magnetic Anomalies at War Bond, Nevada
Vault Strategic advances its War Bond tungsten project to Phase 2 targeting despite ongoing pre-drill status and liquidity constraints.
Vault Strategic Mining Corp. (KNOX) has announced plans for a Phase 2 surface exploration program at its War Bond Tungsten Project in Nevada. This initiative follows Phase 1 activities, which included rock-chip and soil sampling yielding up to 1,100 ppm W, and a completed UAV magnetic survey covering approximately 73.6 line-km.
The Phase 2 work aims to conduct additional geological mapping, field verification of magnetic anomalies, and dataset integration to rank drill targets. These efforts are preparatory, designed to build a geological basis for drill targeting and permit applications. The final scope, timing, and locations of the work remain subject to technical review, access, and funding.
In a separate development, the company engaged Market Equities Limited for corporate communications and digital marketing at a cost of USD $12,500, subject to TSX-V acceptance. This release continues the company's stated exploration roadmap without introducing new assay results, drill programs, or financing events.
Vault Strategic Mining Corp. (KNOX) announced expected, incremental progress along a pre-defined exploration timeline. The release confirms the company is advancing fieldwork as previously communicated, with no new geochemical data, drill targets, or permitting milestones disclosed.
The marketing agreement adds to the operating burn rate but does not alter the exploration thesis or financial position. Market expectations for early-stage explorers are typically priced in during planning phases; material price movement usually requires drill results, resource definition, or capital raises.
Vault Strategic Mining Corp. (KNOX) is a pre-revenue junior explorer building a North American critical minerals portfolio through option-based acquisitions. The company has prioritized its flagship War Bond Tungsten Project in Nevada for near-term advancement, ceasing work on the Wheeler and Mirage-Mariposa projects. The War Bond property encompasses the historical War Bond, Tactite, and Thursday tungsten mines across approximately 400 acres in the Delaware Mining District.
The geological model focuses on scheelite-bearing tactite and skarn deposits located near granite-limestone contacts. Historical production from 1952 to 1953 reported grades of 0.3% to 0.45% WO3. Historical assays include up to 14.40% WO3, though all data predates NI 43-101 standards.
In addition to War Bond, the company holds additional assets including Letain Nickel in British Columbia, Mia Silver and Robinson Dike in Idaho, and Golden Dome in California. The company’s strategy relies on staged capital deployment, NSR royalties with buy-down options, and zero-equity dilution for acquisitions.