Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

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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