Vault Strategic Mining (TSX-V:KNOX) awaits assay results from 42 rock and soil samples collected during phase one exploration at its War Bond Tungsten Project in western Nevada, US.
Samples were submitted to ALS Geochemistry in Reno, Nevada, for analysis of conventional and strategic metals, as well as key indicator elements.
Results will be evaluated alongside data from a drone-borne magnetic survey and incorporated into a maiden NI 43-101 technical report being prepared by geologist William Feyerabend and Amazona Enterprises.
War Bond encompasses the historical War Bond, Tactite, and Thursday tungsten mine areas within Nevada’s Delaware mining district. The 20 unpatented lode mining claims cover approximately 400 acres.
“The completion of our phase one field program and submission of 42 samples mark an important step in advancing War Bond,” CEO Quinn Field-Dyte says.
“The assay results, together with the drone-borne magnetic survey data, will be incorporated into the maiden NI 43-101 technical report.
“This work is expected to strengthen our geological understanding, refine exploration priorities, including drill targeting, and provide clear recommendations for the project’s next phase of advancement.”
Historical records have indicated and associated tungsten mineralisation in the area with scheelite-bearing tactite or skarn developed near granite-limestone contacts.
The Mineral Resources Data System describes two principal mineralised areas: (1) a western zone with scheelite up to 0.30% tungsten trioxide (WO3) and (2) an eastern zone with values ranging from 0.25–0.45% WO3 over widths of 4–8ft (1.2–2.4m).
Historical assay records include a selected sample from the Tactite claim reporting 14.40% WO3, with additional samples reporting 0.80% and 0.90% WO3. Previous mining from the Old Discovery East pit averaged 0.30% WO3 across a 250-tonne test lot.
Tungsten is classified as a critical mineral by the US and Canada due to its applications in defence, aerospace, semiconductor manufacturing equipment, and advanced industrial technologies.
KNOX notes Nevada was ranked the world’s top mining jurisdiction in the Fraser Institute’s Annual Survey of Mining Companies released in February.
The technical report will provide recommendations for the project’s next phase of advancement as the company targets drill programs to expand known mineralisation.
Vault Strategic Mining is a US-focused tungsten explorer advancing the War Bond project in Nevada’s Delaware mining district.
Write to JC Villarba at Mining.com.au
Images: Vault Strategic Mining
