Drill Results
Vault Strategic Completes Phase 1 And Prepares For Phase 2 Of Its Maiden Exploration Program At The War Bond Historical Tungsten Mine, Nevada

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Executive Summary
- Vault Strategic Mining Corp. has completed Phase 1 of its maiden exploration program at the War Bond Tungsten Project in Nevada, collecting 42 rock and geochemical samples for laboratory analysis.
- Preparations are underway for Phase 2, which will focus on detailed geological mapping, surface verification of historical workings, channel sampling, and the generation of high-priority drill targets.
- Historical records indicate the project is a past-producing tungsten skarn system with documented scheelite mineralization, though modern NI 43-101 compliant verification and resource definition are required.
Key Details
- Project Location & Tenure: War Bond Tungsten Project, Delaware Mining District, Douglas County, Nevada, USA; comprises 20 unpatented lode mining claims covering approximately 400 acres.
- Phase 1 Activities: Completed initial reconnaissance and sampling program; collected 42 rock and geochemical samples across the War Bond, Tactite, and Thursday historical mine areas.
- Laboratory Analysis: Samples submitted to ALS Geochemistry (Reno, NV) for a complete suite of traditional and strategic metals and indicator elements.
- Phase 2 Scope: Detailed mapping of intrusive-carbonate contacts and skarn zoning (garnet, epidote, scheelite); surface verification of historical pits, workings, and mine dumps with soil sampling; channel sampling across tactite/structures with soil traverses and QA/QC; portable UV work for scheelite distribution; structural measurements to constrain mineralized controls, plunge, and potential extensions; development of high-priority drill targets including coordinates, sections, and conceptual collar locations.
- Historical Production & Assays: MRDS records list the War Bond Mine as a past producer (1952-1953) with historical grades of ~0.3% to 0.45% WO3. A 250-ton test lot from the Old Discovery East Pit averaged 0.3% WO3. Historical lab records report a selected sample at 14.40% WO3, with other samples ranging from 0.25% to 0.9% WO3.
- Geological Model: Tungsten mineralization is associated with scheelite-bearing tactite or skarn developed near granite-limestone contacts.
- Regulatory/Technical Status: Historical data is pre-NI 43-101 and non-compliant; management emphasizes the need for modern confirmation drilling, metallurgical studies, and NI 43-101 compliant resource estimates to define economic viability.
- Qualified Person: Mr. William Feyerabend, CPG, Independent Consulting Geologist, reviewed and approved the disclosure.
Notable Quotes
- “Completing Phase 1 at War Bond is an important first step for Vault as we begin applying modern exploration methods to a historical tungsten district in Nevada... With Phase 1 now complete, preparations are underway for a Phase 2 exploration program, which is expected to build on these results through continued field validation, refined target assessment and disciplined advancement toward drill target generation.” – Quinn Field-Dyte, CEO
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