Northwire Canada EditionWednesday, July 22, 2026
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CTV 0.110 −4.3% III 7.58 +5.3% NAM 0.240 −2.0% MOG 0.540 +8.0% LUG 79.10 +2.9% TWR 0.165 +3.1% LALI 0.050 +0.0% NFG 2.02 +3.1% APMI 0.145 +0.0% CDE 21.58 +8.3% NVLH 0.075 −11.8% PHNM 0.345 +4.5% AEC 6.71 +11.5% IAU 1.90 +7.3% LOD 0.295 +0.0% FVL 0.990 +8.8% CTV 0.110 −4.3% III 7.58 +5.3% NAM 0.240 −2.0% MOG 0.540 +8.0% LUG 79.10 +2.9% TWR 0.165 +3.1% LALI 0.050 +0.0% NFG 2.02 +3.1% APMI 0.145 +0.0% CDE 21.58 +8.3% NVLH 0.075 −11.8% PHNM 0.345 +4.5% AEC 6.71 +11.5% IAU 1.90 +7.3% LOD 0.295 +0.0% FVL 0.990 +8.8%
Drill Results Routine +

Vault Strategic Reports Widespread Anomalous Tungsten Values Up To 1,100 PPM And Manganese Values Up To 4,430 PPM At War Bond, Nevada

Vault Strategic confirms a skarn model with tungsten assays, though pre-revenue risks and going concern issues persist.

Executive Summary

Vault Strategic Mining Corp. (KNOX) announced Phase 1 rock and soil sampling results at its War Bond Tungsten Project in Nevada. Assays returned widespread anomalous tungsten values up to 1,100 ppm and manganese values up to 4,430 ppm. The Caved Adit averaged 780 ppm W, with strong correlations to molybdenum, bismuth, copper, and manganese pathfinders.

Results support a structurally controlled tungsten-skarn model near diorite-granodiorite intrusive contacts. Historical context notes past production (1952-1953) at grades of 0.3% to 0.45% WO3. Next steps involve integrating these assays with drone-borne magnetic surveys to refine geological interpretations and prepare the maiden NI 43-101 technical report.

Material Impact

Vault Strategic Mining Corp. (KNOX) released a routine follow-up to the completion of Phase 1 fieldwork on June 17 and the July 17/20 announcements regarding pending assay results. The release confirms the geological model but does not represent a resource definition, economic breakthrough, or operational milestone. The market likely anticipated these results given the prior "pending" disclosures. There is no material change to the company's financial position, cash runway, or going concern status. The news is incremental and expected, serving primarily to validate the exploration narrative ahead of Phase 2 targeting.

KNOX · Price
Company Overview

Vault Strategic Mining Corp. (KNOX) is a pre-revenue exploration company focused on acquiring and advancing historical North American mining assets. Its flagship project is the War Bond Tungsten Project in Nevada, a 400-acre package that encompasses the historical War Bond, Tactite, and Thursday tungsten mines. The company’s strategy relies on option-based acquisitions involving staged cash payments and NSR royalties, aiming to build a portfolio of critical minerals including tungsten, nickel, gold, and silver. All projects are in early-stage exploration, and no NI 43-101 compliant resources or reserves have been declared.

Read the original news release →

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