Vault Strategic Mining Corp. Plans Phase 2 Exploration at War Bond Tungsten Project

VANCOUVER, BRITISH COLUMBIA — November 11, 2026 — Leads & Copy — VAULT STRATEGIC MINING CORP. (TSXV: KNOX) (OTCID: KNXFF) (FSE: M850) (WKN: A41WE4) announced plans for an imminent Phase 2 surface exploration program at its War Bond Tungsten Project in Nevada. The program aims to refine potential drill targets and support drill permit applications by conducting additional sampling and field evaluations of priority anomalies. This work builds upon previous magnetic survey results and widespread anomalous tungsten values identified at the project.

The upcoming exploration follows a magnetic survey announced on October 19, 2026, and the anomalous tungsten values reported on July 24, 2026. These datasets have provided a basis for selecting areas for further exploration, including identifying potential tungsten-related skarn or tactite-style mineralization.

Quinn Field-Dyte, Chief Executive Officer of Vault Strategic, stated that the initial sampling identified anomalous tungsten across several areas, and the magnetic survey offers an additional tool to focus the next stage of work. The company plans to return to the field to test priority anomalies with further sampling and mapping, intending to determine the most informative locations for drilling and prepare the technical groundwork for drill permit applications.

The initial Phase 1 surface program involved 42 samples, comprising 30 rock-chip and 12 soil samples collected across six field areas. Previously reported results included rock-chip values up to 1,100 parts per million (ppm) tungsten, an average of 780 ppm tungsten from three Caved Adit samples, and soil values reaching 187 ppm tungsten along an interpreted structural trend. An association was also noted between stronger tungsten values and elevated molybdenum, bismuth, copper, and manganese, along with garnet-bearing tactite.

A subsequent UAV magnetic survey, conducted by Pioneer Exploration Consultants Ltd., covered approximately 73.6 line-kilometres. The processed magnetic maps are expected to provide additional information for evaluating potential geological contacts and structural features in conjunction with the sampling results.

The proposed Phase 2 program will evaluate whether priority magnetic features correspond with tungsten-bearing geology and if additional sampling can extend or better define previously identified geochemical anomalies. Subject to final technical review, planned work includes additional rock and soil sampling around anomalous locations and selected magnetic features, follow-up geological mapping, and field verification of areas where geochemical results and magnetic interpretations overlap. The objective is to integrate new results with existing datasets to rank potential drill targets and refine proposed exploration locations, thereby developing a stronger geological basis for drill targeting and permit planning. The final scope, timing, and sample locations are contingent upon program design, access, field conditions, and available funding. Any subsequent drilling will require applicable permits and further technical evaluation.

The War Bond claim package consists of 20 unpatented lode mining claims covering approximately 400 acres in the Delaware Mining District of western Nevada. The property includes the historical War Bond Mine and the Tactite and Thursday tungsten workings. Historical records suggest War Bond, Tactite, Thursday, Old Discovery, and Knight Claims are related or overlapping names within a broader tungsten occurrence. Records indicate War Bond as a past tungsten producer in Douglas County, Nevada. Historical descriptions associate tungsten mineralization with scheelite-bearing tactite or skarn developed near granite-limestone contacts. Assay and laboratory records from 1942 and 1943 reportedly include selected and dump-sample results, with one selected sample from the upper location hole on Tactite Claim No. 1 grading 14.40% WO3. Limited historical production references include production in 1953, with a reported grade range of approximately 0.3% to 0.45% WO3. Collectively, these records describe a historically explored tungsten skarn system with documented scheelite-bearing tactite mineralization, surface workings, sampling, and limited historical mining or test-lot production.

Vault Strategic Mining Corp. is a North American resource company focused on acquiring and advancing strategic and critical mineral projects in top-tier mining jurisdictions, targeting historical and underexplored assets. The Company trades on the TSX Venture Exchange (TSXV: KNOX), OTC Markets (OTCID: KNXFF), and the Frankfurt Stock Exchange (FSE: M850).

Source: Vault Strategic Mining Corp.