Vault Strategic Mining Corp. Starts Magnetic Survey at War Bond Project
Vault Strategic Mining Corp. has commenced a high-resolution, UAV-based airborne magnetic survey at the War Bond tungsten project in Nevada. The survey is designed to capture approximately 70 line-kilometres of geophysical data, utilising tightly spaced 25-metre flight lines and 250-metre perpendicular tie lines to provide high-density coverage across the property.
The project area encompasses the historical War Bond, Tactite, and Thursday tungsten mines. Vault is using the survey to identify magnetic features, structural trends, and geological contacts that may be associated with tungsten-bearing tactite and skarn mineralisation, particularly in areas obscured by soil and aeolian sand cover.
“The drone-borne magnetic survey now underway, together with our recent Phase 1 sampling results, represents two highly complementary components of our exploration strategy at War Bond.”
— Quinn Field-Dyte, Chief Executive Officer of Vault Strategic Mining Corp.
The company plans to integrate the new high-resolution magnetic data with its recently completed Phase 1 geochemical sampling results and existing historical information. This combined dataset is expected to better define the structural controls on mineralisation, refine priority exploration targets, and guide follow-up mapping and sampling programs. Furthermore, the results will support drill-target generation and the necessary permitting activities for future testing.
This technical work forms a core component of the foundation for the maiden NI 43-101 technical report currently being prepared by veteran geologist William “Bill” Feyerabend and Amazona Enterprises.
The commencement of the survey follows the United States government's recent decision to impose a one-year restriction on the export of tungsten waste and scrap. While the restriction primarily targets recycled materials, Vault considers the move to be reflective of a broader federal commitment to securing reliable domestic sources of critical minerals, underscoring the potential relevance of its Nevada tungsten assets.
Upcoming catalysts for the project include the successful completion of the 70 line-kilometre magnetic survey, the integration of this geophysical data with the Phase 1 sampling results, and the final delivery of the maiden NI 43-101 technical report. These steps are intended to provide a comprehensive technical framework for the next phases of exploration and evaluation at the project.
Read the full announcement: Vault Strategic Announces Drone-Borne Magnetic Survey Underway At War Bond, Nevada, And Comments On U.S. Move To Restrict Tungsten Exports