Vault Strategic Mining Corp. has engaged Rangefront Mining Services to conduct a maiden exploration program at the historical Mirage-Mariposa tungsten mine in California. The program will focus on geological mapping, sampling, and target generation to evaluate the potential for expanding the historical tungsten resource.
Vault Strategic Mining Corp. has entered into a definitive agreement to acquire 100% of the historical Mirage-Mariposa Tungsten Mine in California for US$380,000 and a 2.0% NSR royalty. The acquisition includes historical resource estimates of approximately 21,000 indicated and 34,400 inferred tonnes at 0.15% tungsten trioxide, though these figures are non-compliant with modern NI 43-101 standards.
Vault Strategic Mining Corp. has entered into a definitive agreement to acquire 100% of the historical Mirage-Mariposa Tungsten Mine in California for a total of US$380,000 and a 2.0% NSR royalty. The project contains historical tungsten and silver resources in a skarn environment, which the company intends to re-evaluate using modern exploration techniques.
