Vault Strategic Mining Corp. Advances Its War Bond Tungsten Project

Vault Strategic Mining Corp. announced on 17 June 2026 that it has finished the first phase of its maiden exploration program at the War Bond tungsten mine in Nevada and is now preparing for Phase 2. The company, listed on the TSX Venture Exchange and trading in Canadian dollars, has been steadily building its portfolio of mineral claims, most notably the Margaret Lake Diamond Property in the Northwest Territories, though the current focus is on the War Bond site.

Phase 1 Highlights

During Phase 1 the company conducted a series of geophysical surveys, trenching and drill core sampling across the War Bond property. Preliminary results indicated a consistent tungsten grade within the drill holes, supporting the viability of a larger-scale operation. Vault Strategic emphasized that the data collected will guide the design of the next exploration phase and the potential development of a production facility.

“Completing Phase 1 gives us confidence in the resource potential of War Bond and positions us for a focused, efficient progression to Phase 2,” said a company spokesperson.

Transition to Phase 2

With Phase 1 data in hand, Vault Strategic is now moving into Phase 2, which will expand drilling to better delineate the tungsten deposit and assess its economic feasibility. The company plans to employ more advanced geotechnical and metallurgical testing to refine cost estimates and production models.

Market Context

The company’s share price, hovering around CAD 0.34 as of 15 June 2026, sits within a 52‑week range of CAD 0.08 to CAD 1.15. Although its price‑earnings ratio remains negative at –2.24, the recent progress at War Bond could signal a turnaround for the miner’s valuation. With a market capitalization of approximately 4.6 million CAD, investors are watching how the project’s outcomes may influence the company’s trajectory on the TSX Venture Exchange.

Outlook

Vault Strategic Mining Corp.’s commitment to a phased, data‑driven approach at War Bond underscores its broader strategy to develop high‑grade mineral projects. Should Phase 2 confirm the deposit’s commercial prospects, the company could unlock new growth avenues beyond its existing diamond property holdings. Investors and analysts will be keen to track the next set of results as the exploration program advances.