Northwire Canada EditionWednesday, July 15, 2026
Northwire
EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0%
Technical Study Routine +

Vault Strategic Engages Amazona For Maiden Ni 43-101 Technical Report On Historical Tungsten Mine Portfolio At War Bond, Nevada

Vault Strategic advances its War Bond tungsten project following the engagement for a maiden NI 43-101 report.

Executive Summary

Vault Strategic Mining Corp. (KNOX) has engaged veteran geologist William “Bill” Feyerabend and Amazona Enterprises to prepare a maiden NI 43-101 technical report for its War Bond Tungsten Project in Nevada. The report will integrate data from the recently completed Phase 1 exploration program, which included 42 rock and geochemical samples, and the planned Phase 2 program, which features a drone-flown airborne magnetic survey.

The project encompasses the historical War Bond, Tactite, and Thursday tungsten mines. Historical records indicate scheelite-bearing skarn/tactite mineralization and past production grades of approximately 0.3% to 0.45% WO3. Management notes that this historical data is non-compliant with NI 43-101 standards and requires modern confirmation drilling and metallurgical studies to define resources and assess economic viability. Nevada remains ranked as the number one mining jurisdiction per the Fraser Institute’s 2026 survey.

Material Impact

Vault Strategic Mining Corp. (KNOX) has engaged a consultant to prepare a maiden NI 43-101 technical report, a standard procedural step for a junior mining company advancing a historical asset. This development follows the completion of Phase 1 fieldwork and the prior announcement of a Phase 2 drone-mag survey.

The technical report will provide recommendations for target refinement and future drilling, but it does not include resource estimates, economic studies, or capital raise announcements. The news confirms management's stated roadmap to consolidate historical data and prepare for future drilling, without introducing new or unexpected information.

The company's stock price has declined significantly from its May 2026 peak of $0.90 to $0.28, reflecting the market's patience for actual drill results and the company's ongoing cash burn. This announcement is considered incremental and aligns with prior expectations.

KNOX · Price
Company Overview

Vault Strategic Mining Corp. (KNOX) is a pre-revenue exploration-stage company focused on acquiring and exploring historical mineral properties in North America, with a strategic emphasis on critical minerals like tungsten, nickel, gold, and silver.

The company’s flagship asset is the War Bond Historical Tungsten Mine in Nevada. The project covers 20 unpatented lode claims totaling approximately 400 acres in the Delaware Mining District and includes the historical War Bond, Tactite, and Thursday mines. Historical data indicates scheelite-bearing skarn/tactite mineralization near granite-limestone contacts, with past production grades of ~0.3% to 0.45% WO3 and high-grade historical samples up to 14.40% WO3.

Other assets include the Letain Nickel Project in British Columbia, the Mia Silver Project in Idaho, the Robinson Dike in Idaho, and Golden Dome in California. Management has ceased activities on the Wheeler and Mirage-Mariposa projects to focus capital on War Bond.

All projects are currently in the data consolidation, field verification, and target definition phase. No current mineral resources or reserves are declared.

Read the original news release →

More from Vault Strategic Mining Corp.