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Update: Vault Minerals Advances Canada Gold Project Restart With Filing of Updated Permit; Shares Up 5%

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(Updates to add stock movement in headline and last paragraph)

Vault Minerals (ASX:VAU) has submitted a closure plan amendment to the Ontario Ministry of Energy and Mines to support the restart of its Sugar Zone gold mining project in Canada, according to a Friday filing with the Australian bourse.

The company plans to restart underground development at Sugar Zone in the first quarter of fiscal year 2027, followed by the recommencement of processing and gold production in the first quarter of fiscal year 2028, per the filing.

The company's shares rose nearly 5% in afternoon trade on Friday.

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