# Vendetta Mining 2022 Drilling Program and Corporate Update

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/vendetta-mining-2022-drilling-program-and-corporate-update--60bfdd9f-e315-4aa3-bf3d-2b8f78701c94

Original source: https://money.tmx.com/en/quote/VTT/news/8220930763056341/vendetta-mining-2022-drilling-program-and-corporate-update

Publisher: tmx

Original announcement: 2022-04-14T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Vendetta Mining Corp.

- Ticker: VTT

- Exchange: TSX

- Region: Queensland, Australia

- Primary commodity: Lead

- Secondary commodities: Zinc, Silver, Copper

- Document categories: Resource update, Drill results, Metallurgy

- Extracted: 2026-08-21 12:24:21 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Vendetta Mining announced its 2022 drilling program for the Pegmont Lead-Zinc Project, focusing on resource growth and metallurgical testing. The company also confirmed 15-year extensions for its mining leases and restated its current mineral resource estimate.

Reasoning: The announcement outlines an upcoming drilling program and provides a restatement of the existing mineral resource, supported by long-term mining lease renewals.

- Positive factor: Mining lease extensions granted for 15 years

- Positive factor: Significant historical high-grade intercepts mentioned

- Positive factor: Upcoming 8,000m drilling program to target extensions

- Negative factor: Resource estimate is historical \(effective 2018\)

- Negative factor: Metallurgical recoveries are reported as ranges rather than single values

Facts used in scoring: 12

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document restates the current Mineral Resource Estimate for the Pegmont project.

Evidence · text

> The current Mineral Resource Estimate at the Project is as follows:

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Multiple Qualified Persons \(QPs\) are named as having prepared the resource estimate.

Evidence · text

> Prepared by independent qualified persons \(QPs\) J.M. Shannon P.Geo, D Nussipakynova P.Geo

## Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

## Resource Estimates (12)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-mining-2022-drilling-program-and-corporate-update--60bfdd9f-e315-4aa3-bf3d-2b8f78701c94#fact-resource-facts-0)

lead

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: lead
- Ticker: VTT

#### Resource Data

- Category: indicated
- Tonnes: 5758000
- Grade: 6.5
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-07-31T00:00:00.000Z

#### Dates

- Event date: 2022-04-14T00:00:00.000Z

Reasoning: Indicated resource component of the 2018 estimate.

- Negative factor: Historical estimate

Evidence · text

> Indicated 5,758 Kt @ 6.5% Pb

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-mining-2022-drilling-program-and-corporate-update--60bfdd9f-e315-4aa3-bf3d-2b8f78701c94#fact-resource-facts-1)

zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: zinc
- Ticker: VTT

#### Resource Data

- Category: indicated
- Tonnes: 5758000
- Grade: 2.6
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-07-31T00:00:00.000Z

#### Dates

- Event date: 2022-04-14T00:00:00.000Z

Reasoning: Indicated resource component of the 2018 estimate.

- Negative factor: Historical estimate

Evidence · text

> 5,758 Kt @ 6.5% Pb, 2.6% Zn

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-mining-2022-drilling-program-and-corporate-update--60bfdd9f-e315-4aa3-bf3d-2b8f78701c94#fact-resource-facts-2)

silver

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silver
- Ticker: VTT

#### Resource Data

- Category: indicated
- Tonnes: 5758000
- Grade: 11
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-07-31T00:00:00.000Z

#### Dates

- Event date: 2022-04-14T00:00:00.000Z

Reasoning: Indicated resource component of the 2018 estimate.

- Negative factor: Historical estimate

Evidence · text

> 5,758 Kt @ 6.5% Pb, 2.6% Zn, 11 g/t Ag

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-mining-2022-drilling-program-and-corporate-update--60bfdd9f-e315-4aa3-bf3d-2b8f78701c94#fact-resource-facts-3)

lead

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: lead
- Ticker: VTT

#### Resource Data

- Category: inferred
- Tonnes: 8277000
- Grade: 5.1
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-07-31T00:00:00.000Z

#### Dates

- Event date: 2022-04-14T00:00:00.000Z

Reasoning: Inferred resource component of the 2018 estimate.

- Negative factor: Historical estimate

- Negative factor: Inferred category

Evidence · text

> Inferred 8,277 Kt @ 5.1% Pb

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-mining-2022-drilling-program-and-corporate-update--60bfdd9f-e315-4aa3-bf3d-2b8f78701c94#fact-resource-facts-4)

zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: zinc
- Ticker: VTT

#### Resource Data

- Category: inferred
- Tonnes: 8277000
- Grade: 2.8
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-07-31T00:00:00.000Z

#### Dates

- Event date: 2022-04-14T00:00:00.000Z

Reasoning: Inferred resource component of the 2018 estimate.

- Negative factor: Historical estimate

- Negative factor: Inferred category

Evidence · text

> 8,277 Kt @ 5.1% Pb, 2.8% Zn

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-mining-2022-drilling-program-and-corporate-update--60bfdd9f-e315-4aa3-bf3d-2b8f78701c94#fact-resource-facts-5)

silver

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: silver
- Ticker: VTT

#### Resource Data

- Category: inferred
- Tonnes: 8277000
- Grade: 8
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2018-07-31T00:00:00.000Z

#### Dates

- Event date: 2022-04-14T00:00:00.000Z

Reasoning: Inferred resource component of the 2018 estimate.

- Negative factor: Historical estimate

- Negative factor: Inferred category

Evidence · text

> 8,277 Kt @ 5.1% Pb, 2.8% Zn, 8 g/t Ag

### Fact 7

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-mining-2022-drilling-program-and-corporate-update--60bfdd9f-e315-4aa3-bf3d-2b8f78701c94#fact-resource-facts-6)

zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: zinc
- Ticker: VTT

#### Resource Data

- Grade: 15.44
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2022-04-14T00:00:00.000Z

Reasoning: Significant historical zinc intercept.

- Positive factor: High grade intercept

- Negative factor: Historical data

Evidence · text

> AND041: 3 m @ 15.44% Zn

### Fact 8

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-mining-2022-drilling-program-and-corporate-update--60bfdd9f-e315-4aa3-bf3d-2b8f78701c94#fact-resource-facts-7)

copper

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: copper
- Ticker: VTT

#### Resource Data

- Grade: 0.25
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2022-04-14T00:00:00.000Z

Reasoning: Trace copper in historical intercept.

- Negative factor: Historical data

Evidence · text

> AND041: 3 m @ 15.44% Zn and 0.25% Cu

### Fact 9

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-mining-2022-drilling-program-and-corporate-update--60bfdd9f-e315-4aa3-bf3d-2b8f78701c94#fact-resource-facts-8)

zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: zinc
- Ticker: VTT

#### Resource Data

- Grade: 8.26
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2022-04-14T00:00:00.000Z

Reasoning: Significant historical zinc intercept.

- Positive factor: Strong grade

- Negative factor: Historical data

Evidence · text

> ANP418: 4 m @ 8.26% Zn

### Fact 10

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-mining-2022-drilling-program-and-corporate-update--60bfdd9f-e315-4aa3-bf3d-2b8f78701c94#fact-resource-facts-9)

copper

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: copper
- Ticker: VTT

#### Resource Data

- Grade: 0.51
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2022-04-14T00:00:00.000Z

Reasoning: Trace copper in historical intercept.

- Negative factor: Historical data

Evidence · text

> ANP418: 4 m @ 8.26% Zn and 0.51% Cu

### Fact 11

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-mining-2022-drilling-program-and-corporate-update--60bfdd9f-e315-4aa3-bf3d-2b8f78701c94#fact-resource-facts-10)

zinc

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: zinc
- Ticker: VTT

#### Resource Data

- Grade: 10
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2022-04-14T00:00:00.000Z

Reasoning: Significant historical zinc intercept.

- Positive factor: Strong grade

- Negative factor: Historical data

Evidence · text

> DDH01KB001: 4 m @ 10% Zn

### Fact 12

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-mining-2022-drilling-program-and-corporate-update--60bfdd9f-e315-4aa3-bf3d-2b8f78701c94#fact-resource-facts-11)

lead

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: lead
- Ticker: VTT

#### Resource Data

- Grade: 0.2
- Grade Unit: %

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2022-04-14T00:00:00.000Z

Reasoning: Trace lead in historical intercept.

- Negative factor: Historical data

Evidence · text

> DDH01KB001: 4 m @ 10% Zn and 0.2% Pb

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.