Vault Engages Amazona For Maiden Exploration Program At Mt. Wheeler Tungsten Project, Nevada

Executive Summary

• Vault Strategic Mining Corp. engaged veteran geologist William “Bill” Feyerabend and Amazona Enterprises to conduct a field exploration and reconnaissance program at the Mt. Wheeler Historical Tungsten Mine in Nevada.
• The company entered into two arm‑length loan agreements on April 1, 2026 for a total of CAD $200,000 (10% loan fee) to fund general working capital.
• The reconnaissance work will support preparation of an NI 43‑101 technical report and evaluation of the project’s role in the North American critical minerals supply chain.

Key Details

• Exploration Engagement: William “Bill” Feyerabend, CPG (Qualified Person), and Amazona Enterprises hired to lead a short‑duration field assessment focusing on host rock characteristics, structural controls, and mineralizing processes for tungsten.
• Objective: Generate data to refine exploration strategy and underpin an upcoming NI 43‑101 technical report for Mt. Wheeler.
• Historical Context: Mt. Wheeler produced ~1,800 t of ore (average 1.3% WO₃) between 1952‑1955; historical feasibility studies exist but are non‑NI 43‑101 compliant.
• Future Work: Company will continue collaboration with Amazona to compile historic data, conduct modern geological interpretation, and assess potential regulatory submissions for critical minerals development.
• Loan Agreements: Two separate loans dated April 1, 2026 total CAD $200,000; loan fee of 10% applied; proceeds designated for general working capital.
• Qualified Person Statement: William Feyerabend reviewed and approved the disclosure for NI 43‑101 consistency.

Notable Quotes

“We are pleased to have the opportunity to collaborate with Mr. Feyerabend and the team at Amazona… This program represents an important first step toward the preparation of an NI 43-101 technical report.” – Quinn Field‑Dyte, CEO & Director

Materiality Assessment: Non-Material – Neutral (the financing amount is modest and primarily supports ongoing exploratory activities; no immediate earnings or resource impact disclosed).