Mr. Quinn Field-Dyte reports

VAULT STRATEGIC ANNOUNCES 2026-PHASE 2 EXPLORATION PROGRAM TO FOLLOW UP TUNGSTEN AND MAGNETIC ANOMALIES AT WAR BOND, NEVADA

Vault Strategic Mining Corp. is planning to imminently deploy to the War Bond project for a planned phase 2 surface exploration program at its War Bond tungsten project in Nevada. The proposed program will focus on additional sampling and field evaluation of priority anomalies to refine potential drill targets and support preparation of drill permit applications.

The planned work follows the magnetic survey results announced on Oct. 19, 2026, and the widespread anomalous tungsten values reported in the company's July 24, 2026, announcement. Together, these data sets provide a basis for selecting areas for follow-up exploration.

Quinn Field-Dyte, chief executive officer and director of Vault Strategic, stated: "Our initial sampling identified anomalous tungsten across several areas, and the magnetic survey gives us another tool to focus the next stage of work. We are planning to return to the field to test priority anomalies with additional sampling and mapping. This work is intended to help us determine where drilling would be most informative and prepare the technical groundwork for drill permit applications."

Building on phase 1 results

The initial surface program comprised 42 samples, including 30 rock-chip samples and 12 soil samples collected across six field areas. Previously reported results included:

• Rock-chip values reaching 1,100 parts per million tungsten , equivalent to 0.11 per cent W;
• An average of 780 ppm tungsten from three caved adit samples;
• Soil values reaching 187 ppm tungsten along an interpreted structural trend;
• An association between stronger tungsten values, garnet-bearing tactite, and elevated molybdenum, bismuth, copper and manganese.

The subsequent UAV (unmanned aerial vehicle) magnetic survey, completed by Pioneer Exploration Consultants Ltd., covered approximately 73.6 line kilometres at 25-metre line spacing. Its processed magnetic maps provide additional information for evaluating potential geological contacts and structural features alongside the sampling results.

Planned phase 2 exploration

The proposed program is intended to evaluate whether priority magnetic features correspond with tungsten-bearing geology and whether additional sampling can extend or better define previously identified geochemical anomalies.

Subject to final technical review, the planned work is expected to include:

• Additional rock and soil sampling around previously anomalous locations and selected magnetic features;
• Follow-up geological mapping to assess alteration, exposed mineralization, contacts and structures;
• Field verification of areas where geochemical results and magnetic interpretations indicate overlapping exploration potential;
• Integration of new results with existing data sets to rank potential drill targets and refine proposed exploration locations.

The objective is to develop a stronger geological basis for drill targeting and permit planning. The final scope, timing and sample locations remain subject to program design, access, field conditions and available financing. Any subsequent drilling would require applicable permits and further technical evaluation.

War Bond tungsten project: historical context

The War Bond claim package comprises 20 unpatented lode mining claims covering approximately 400 acres in the Delaware mining district of western Nevada. The property encompasses the historical War Bond mine and the Tactite and Thursday tungsten workings.

Available on-line historical records appear to use War Bond, Tactite, Thursday, Old Discovery and Knight Claims as related or overlapping names within a broader tungsten occurrence rather than as distinct modern locations. Western Mining History's MRDS-derived War Bond mine record identifies War Bond as a tungsten mine in Douglas county, Nevada, and lists Tactite and Thursday, Old Discovery, and Knight Claims as secondary names.

Historical descriptions associate tungsten mineralization in the area with scheelite-bearing tactite or skarn developed near granite-limestone contacts. The Nevada Bureau of Mines and Geology publication "Mineral Resources of Douglas, Ormsby, and Washoe Counties" describes the Tactite Thursday claim as being located approximately 15 miles southeast of Carson City in Section 9, T. 14 N., R. 21 E., and reports scheelite in a small tactite area near a granite-limestone contact.

The MRDS-derived Tactite and Thursday record describes the occurrence as a tungsten skarn with scheelite mineralization and epidote, garnet, quartz and calcite gangue. The record identifies two principal mineralized areas: a west zone with narrow scheelite-bearing widths reporting up to 0.3 per cent WO3 (tungsten trioxide) and an east zone with small scheelite shoots reporting values of 0.25 per cent to 0.45 per cent WO3 over widths of four to eight feet.

Historical assay and laboratory records contained in the Nevada Bureau of Mines and Geology Digital Library file titled "Preliminary Examination of Tactite and Thursday Group" include selected and dump-sample results from 1942 and 1943. Reported results include a selected sample from the upper location hole on Tactite claim No. 1 grading 14.40 per cent WO3, two additional 1942 samples grading 0.8 per cent WO3 and 0.9 per cent WO3, and a 1943 University of Nevada State Analytical Mining Laboratory report describing metamorphosed rock with garnet and traces of scheelite grading 0.35 per cent WO3.

Historical production references are limited but provide relevant exploration context. The MRDS-derived War Bond mine record lists production in 1953, a production period from 1952 to 1953 and a reported grade range of approximately 0.3 per cent to 0.45 per cent WO3. The Tactite Thursday record also states that a 250-ton test lot averaging 0.3 per cent WO3 was mined from the Old Discovery East pit.

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.

Historical information and exploration context

The properties comprising the company's portfolio have been subject to historical exploration, development work and past production. The historical exploration results, sampling, drilling and other technical information referenced in this release predate National Instrument 43-101, Standards of Disclosure for Mineral Projects, and do not comply with current NI 43-101 requirements. Accordingly, this information should not be relied upon as current or verified technical disclosure. Management nevertheless considers it relevant to exploration targeting, geological interpretation, and the design of modern exploration and evaluation programs.

Management believes the historical work and past production provide a useful foundation for modern exploration when reassessed using contemporary geological models, exploration technologies, metallurgical processes and prevailing commodity prices. Readers are cautioned, however, that the historical results, resource estimates and economic conclusions referenced herein have not been verified or confirmed.

To define current mineral resources, assess metallurgy and evaluate economic viability, the company would be required to complete confirmation drilling, modern metallurgical studies, updated technical evaluations, NI 43-101-compliant mineral resource estimates, and appropriate feasibility or economic studies. There is no assurance that historical results will be confirmed or that the project will advance to economic viability.

Market awareness

As previously announced, the company engaged Market Equities Ltd. to provide corporate communications and digital marketing services to raise public awareness of the company for a consideration of $12,500 (U.S.) to be paid in advance. The agreement remains subject to acceptance by the TSX Venture Exchange and will have a term of up to 12 months, commencing upon receipt of that acceptance and subsequent payment by the company.

About Vault Strategic Mining Corp.

Vault Strategic Mining is a North American resource company focused on acquiring and advancing strategic and critical mineral projects in top-tier mining jurisdictions. The company targets historical and underexplored assets with the potential for value creation through modern exploration and disciplined development.

Vault Strategic Mining trades on the TSX Venture Exchange (symbol: KNOX), the OTCID (symbol: KNXFF) and the Frankfurt Stock Exchange (symbol: M850).

Data verification

Historical information referenced in this release has been reviewed against available reports; however, it has not been independently verified under current NI 43-101 standards or modern quality assurance and quality control procedures and is therefore considered supportive for exploration guidance only. The company cautions that past results or production from nearby properties are not necessarily indicative of mineralization on the company's properties.

Qualified person

William Feyerabend, CPG, an independent consulting geologist and a qualified person as defined under NI 43-101, has reviewed and approved the scientific and technical disclosure contained in this news release.

We seek Safe Harbor.