Northwire Canada EditionMonday, July 13, 2026
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Drill Results Routine +

Vault Strategic Plans Drone-Mag Survey To Advance Drill Target Delineation At The War Bond Tungsten Project In Nevada

Vault Strategic advances drill targeting at its Nevada tungsten project using a drone-mag survey to identify new exploration opportunities.

Executive Summary

Vault Strategic Mining Corp. (KNOX) announced plans to conduct a high-resolution UAV-based airborne magnetic survey at its War Bond Tungsten Project in Nevada. The survey will cover approximately 70 line-kilometres using tightly spaced 25-metre flight lines and 250-metre perpendicular tie lines. Contractor Pioneer Exploration Consultants Ltd. will deploy a Blacksquare Hercules drone platform equipped with GEM Systems magnetometers.

The primary objective is to refine geological interpretations, identify structural trends, and delineate magnetic features associated with tungsten-bearing skarn systems to generate drill-ready targets. The project encompasses the War Bond, Tactite, and Thursday historical tungsten workings, with past assays reporting up to 14.40% WO3 and historical production grades of 0.3% to 0.45% WO3. Management emphasizes that historical data is non-NI 43-101 compliant and that modern confirmation drilling, metallurgical studies, and updated technical evaluations are required to define resources.

Next steps include evaluating the drone-mag data alongside historical exploration information to define targets for ground truthing, mapping, sampling, and drill planning.

Material Impact

Vault Strategic Mining Corp. (KNOX) announced a standard progression in its maiden exploration program at War Bond, following the completion of Phase 1 fieldwork on June 17. This development aligns with the company’s stated 2026 roadmap to advance toward drill target generation.

The announcement did not disclose new assay results, resource estimates, financing, or operational milestones. The market has already priced in the exploration timeline through the recent acquisition and prior phase announcements. The news serves as an incremental confirmation of management execution but lacks the catalyst required to move the stock materially.

KNOX · Price
Company Overview

Vault Strategic Mining Corp. (KNOX) is a pre-revenue exploration company focused on acquiring and advancing historical North American mineral properties. Its flagship asset is the War Bond Tungsten Project in Nevada, which the company acquired via an option agreement in May 2026. The project covers 400 acres across 20 claims and hosts historical skarn/tactite tungsten mineralization.

The company’s portfolio also includes the Letain Nickel Project in British Columbia, as well as the Mia Silver Project, Robinson Dike, Golden Dome, and Mirage-Mariposa, all located in Idaho and California. Vault Strategic Mining’s acquisition model relies on staged cash payments, Net Smelter Return (NSR) royalties with buy-down options, and zero equity dilution for property acquisitions.

Management transitioned in February 2026 with the appointment of Quinn Field-Dyte as CEO. The board includes directors with backgrounds in finance, operations, and international business.

Read the original news release →

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