Drill Results
Vault Strategic Commences Exploration at War Bond Historical Tungsten Mine, Nevada
Execution of Acquisition Strategy

Executive Summary
- Vault Strategic Mining Corp. has officially deployed a team to commence exploration activities at the War Bond Historical Tungsten Project in Nevada, USA as of May 29, 2026.
- The maiden exploration program focuses on modern geological evaluation of historical tungsten systems (War Bond, Tactite, and Thursday mines) to generate disciplined drill targets.
- Scope includes detailed mapping, underground/surface verification, channel sampling with QA/QC, portable UV work for scheelite distribution, and structural measurements.
- Historical data indicates scheelite-bearing tactite or skarn mineralization with past production records from 1952-1953; however, current results are non-NI 43-101 compliant.
- The company is fully financed to execute the proposed field program following a May 13 acquisition agreement for US$135,000 over 12 months.
- This announcement follows previous news from May 25 confirming planning and deployment schedules starting the week of June 1, 2026.
Material Impact
- The commencement of exploration is a positive execution milestone but was fully anticipated following the acquisition announcements in mid-May (May 8, May 13).
- No new resource estimates or drill results are disclosed; therefore, there is no immediate material change to valuation based on geological data alone.
- The news confirms management is adhering to the stated strategy of acquiring historical assets and de-risking them through modern exploration, which validates the corporate model.
- Given the significant price decline from $0.90 (May 12) to $0.46 (May 29), the market appears to have priced in the acquisition hype already; this news serves as a confirmation rather than a catalyst for immediate re-rating.
- The impact is Routine - Positive because it represents expected progress on a previously announced plan without introducing new financial or geological surprises.
KNOX · Price
Company Overview
- Strategy: Build leverage to gold, silver, and strategic metals through an option-based acquisition model targeting advanced historical mining assets in the United States.
- Flagship Projects:
- War Bond Tungsten Project (Nevada): 20 claims covering ~400 acres; focus on scheelite-bearing tactite/skarn. Historical grades up to 14.40% WO3 reported but non-compliant.
- Mirage-Mariposa Tungsten Mine (California): Part of Gray Eagle Project; 33 claims (~682 acres). Historical USGS data suggests subeconomic resources at 0.15% WO3.
- Mt. Wheeler Tungsten Project (Nevada): Historical production ~1,800 tons ore @ 1.3% WO3 (1952-1955); exploration program engaged for NI 43-101 report preparation.
- Letain Nickel Project (British Columbia): Peridotite/dunite terrain with awaruite mineralization; surface sampling averaged 0.25% nickel.
- Management: Quinn Field-Dyte (CEO), R. Nick Horsley (President/Chairman).
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Jul 03, 2026 · 03:05