Vault Strategic Completes Magnetic Survey for War Bond Tungsten Project

News related to:Vault Strategic Mining Corp · 2 min read
Vault Strategic Mining Corp. has announced the completion of a high-resolution magnetic survey over its War Bond Tungsten Project in Nevada, which is expected to support the preparation of the company’s maiden National Instrument 43-101 technical report. The survey, conducted by Pioneer Exploration Consultants Ltd., covered approximately 73.6 line-kilometres, with closely spaced 25-metre survey lines and 250-metre tie lines. The results include processed total magnetic intensity, first vertical derivative, and analytic signal maps, providing valuable data for evaluating variations in magnetic response across the surveyed area.
Quinn Field-Dyte, Chief Executive Officer of Vault Strategic Mining Corp., expressed enthusiasm about the survey results.
The War Bond Tungsten Project encompasses the historical War Bond, Tactite, and Thursday mines, and is located in the Delaware Mining District of western Nevada. The property covers approximately 400 acres and includes 20 unpatented lode mining claims. Historical records indicate that the area was explored for tungsten mineralization, with scheelite-bearing tactite or skarn developed near granite-limestone contacts. The Nevada Bureau of Mines and Geology has documented the presence of scheelite in a small tactite area near a granite-limestone contact in the Tactite Thursday claim, located approximately 15 miles southeast of Carson City.
The survey results will be integrated with available geological mapping, historical information, and results from the company’s completed surface exploration program. Subject to review and interpretation by the project’s Qualified Person, the combined information is expected to strengthen the technical foundation for the maiden NI 43-101 technical report and assist in developing recommendations for subsequent exploration. The survey is also intended to support the preparation of future drill permit applications by helping refine proposed exploration locations and the scope of planned activities.
Vault Strategic Mining Corp. has elected to rely on Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers, and has moved to semi-annual financial reporting. The company has determined that it meets the eligibility criteria under the blanket order, including that it is a venture issuer listing on the TSX Venture Exchange, has annual revenue of less than $10-million, and has a clean 12-month continuous disclosure record. Under the blanket order, the company will be exempt from filing interim financial reports and related management discussion and analysis (MD&A) for its first and third quarters.
The company has engaged Market Equities Limited to provide corporate communications and digital marketing services to raise public awareness of the company for a consideration of USD $12,500 to be paid in advance. Market Equities’ business address is Courtyard, Manor House, 3 Church Road, Malahide, Co. The company confirms that neither Market Equities nor its principals currently hold any securities of the company.
Vault Strategic Mining Corp. trades on the TSX Venture Exchange (TSXV: KNOX), OTC Markets (OTCID: KNXFF), and the Frankfurt Stock Exchange (FSE: M850).