Vault Minerals (ASX:VAU) is on track to deliver fiscal year 2026 gold production guidance of 332,000 to 360,000 ounces after achieving production of 306,542 ounces in the fiscal year to date through May, according to a Monday filing with the Australian bourse.

The fiscal year 2026 production outlook includes 185,000 to 200,000 ounces from its Leonora operations, 75,000 to 82,000 ounces from Mount Monger, and 72,000 to 78,000 ounces from its Deflector mine, per the filing.

The guidance also sets the base for the company's three-year outlook, with Vault Minerals expecting consolidated production to rise to between 360,000 and 390,000 ounces in fiscal year 2027 before hitting 370,000 to 400,000 ounces in fiscal year 2028.

Vault Minerals said its capital expenditure will fall "significantly" in fiscal year 2027 and slide again in fiscal year 2028.

The company's shares surged 15% in recent Monday trade.