Vendetta Reports High Grade Exploration Intersections in Zone 2 and 3 at the Pegmont Lead-Zinc Project, Queensland

Original announcement by tmx on

Company
Vendetta Mining Corp.
Ticker
VTT
Exchange
TSX
Region
Queensland
Primary commodity
Lead
Secondary commodities
Zinc, Silver
Document categories
Drill results, Other
Extracted
2026-08-21 11:39:47 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Vendetta Mining Corp. reported high-grade exploration drill results at the Pegmont Lead-Zinc Project in Queensland, specifically in Zones 2 and 3. The results include several significant lead and zinc intercepts, although drilling at the nearby Killer Bore project was suspended due to the wet season.

Reasoning: Strong high-grade lead-zinc intercepts reported in Pegmont Zone 2 and 3, extending known mineralization.

Positive factors

  • high-grade lead-zinc intercepts
  • successful extension of Zone 3
  • successful extension of Zone 2

Negative factors

  • early cessation of Killer Bore program due to rain
  • structural attenuation up dip in Zone 3

Facts used in scoring: 11

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release includes details on ALS laboratory, blanks, standards, and duplicates.

Evidence · text

“Blanks and commercially prepared certified reference materials (standards) were added into the sample sequence for every hole submitted.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling in Zone 2 and 3 was successful in attempting to extend the mineral resource.

Evidence · text

“The holes targeting the upper flat portion of the "Z" fold were successful”

Extracted facts

Stored fact records: 11. Some facts used in scoring do not have a stored record.

Drill Results (11)

PVD209Pegmont · leadGrade: 6.8Grade Unit: %Intercept: 6.8 mView all details
Link to this fact

Identity

Hole ID
PVD209
Project
Pegmont
Commodity
lead
Region
australia_qld
Reported Region
Queensland
Ticker
VTT

Geometry

Grade
6.8
Grade Unit
%
Intercept
6.8 m
From
238.18 m
To
247.13 m

Classification

Program
exploration
Sample Type
drill
Group ID
PVD209:238.18-247.13

QA/QC

Laboratory
ALS Laboratory Group
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-18T00:00:00.000Z

Reasoning: 6.8% Pb is a strong intercept for a lead-zinc project.

Positive factors

  • high grade lead intercept
PVD209Pegmont · zincGrade: 2.29Grade Unit: %Intercept: 6.8 mView all details
Link to this fact

Identity

Hole ID
PVD209
Project
Pegmont
Commodity
zinc
Region
australia_qld
Reported Region
Queensland
Ticker
VTT

Geometry

Grade
2.29
Grade Unit
%
Intercept
6.8 m
From
238.18 m
To
247.13 m

Classification

Program
exploration
Sample Type
drill
Group ID
PVD209:238.18-247.13

QA/QC

Laboratory
ALS Laboratory Group
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-18T00:00:00.000Z

Reasoning: 2.29% Zn is a good supporting grade.

Positive factors

  • solid zinc grade
PVD211Pegmont · leadGrade: 9.38Grade Unit: %Intercept: 5.32 mView all details
Link to this fact

Identity

Hole ID
PVD211
Project
Pegmont
Commodity
lead
Region
australia_qld
Reported Region
Queensland
Ticker
VTT

Geometry

Grade
9.38
Grade Unit
%
Intercept
5.32 m
From
203.78 m
To
209.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
PVD211:203.78-209.1

QA/QC

Laboratory
ALS Laboratory Group
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-18T00:00:00.000Z

Reasoning: 9.38% Pb is an exceptional intercept.

Positive factors

  • exceptional lead grade
PVD211Pegmont · zincGrade: 3.05Grade Unit: %Intercept: 5.32 mView all details
Link to this fact

Identity

Hole ID
PVD211
Project
Pegmont
Commodity
zinc
Region
australia_qld
Reported Region
Queensland
Ticker
VTT

Geometry

Grade
3.05
Grade Unit
%
Intercept
5.32 m
From
203.78 m
To
209.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
PVD211:203.78-209.1

QA/QC

Laboratory
ALS Laboratory Group
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-18T00:00:00.000Z

Reasoning: 3.05% Zn is a strong intercept.

Positive factors

  • strong zinc grade
PVD213Pegmont · leadGrade: 6Grade Unit: %Intercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
PVD213
Project
Pegmont
Commodity
lead
Region
australia_qld
Reported Region
Queensland
Ticker
VTT

Geometry

Grade
6
Grade Unit
%
Intercept
4.8 m
From
213 m
To
217.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
PVD213:213.0-217.8

QA/QC

Laboratory
ALS Laboratory Group
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-18T00:00:00.000Z

Reasoning: 6.0% Pb is a strong intercept.

Positive factors

  • high grade lead
PVD213Pegmont · zincGrade: 3.14Grade Unit: %Intercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
PVD213
Project
Pegmont
Commodity
zinc
Region
australia_qld
Reported Region
Queensland
Ticker
VTT

Geometry

Grade
3.14
Grade Unit
%
Intercept
4.8 m
From
213 m
To
217.8 m

Classification

Program
exploration
Sample Type
drill
Group ID
PVD213:213.0-217.8

QA/QC

Laboratory
ALS Laboratory Group
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-18T00:00:00.000Z

Reasoning: 3.14% Zn is a strong intercept.

Positive factors

  • strong zinc grade
PVD218Pegmont · leadGrade: 8.88Grade Unit: %Intercept: 5.14 mView all details
Link to this fact

Identity

Hole ID
PVD218
Project
Pegmont
Commodity
lead
Region
australia_qld
Reported Region
Queensland
Ticker
VTT

Geometry

Grade
8.88
Grade Unit
%
Intercept
5.14 m
From
111.86 m
To
117 m

Classification

Program
exploration
Sample Type
drill
Group ID
PVD218:111.86-117.0

QA/QC

Laboratory
ALS Laboratory Group
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-18T00:00:00.000Z

Reasoning: 8.88% Pb is an exceptional intercept.

Positive factors

  • exceptional lead grade
PVD218Pegmont · zincGrade: 3.9Grade Unit: %Intercept: 5.14 mView all details
Link to this fact

Identity

Hole ID
PVD218
Project
Pegmont
Commodity
zinc
Region
australia_qld
Reported Region
Queensland
Ticker
VTT

Geometry

Grade
3.9
Grade Unit
%
Intercept
5.14 m
From
111.86 m
To
117 m

Classification

Program
exploration
Sample Type
drill
Group ID
PVD218:111.86-117.0

QA/QC

Laboratory
ALS Laboratory Group
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-18T00:00:00.000Z

Reasoning: 3.9% Zn is a strong intercept.

Positive factors

  • strong zinc grade
PVD219Pegmont · leadGrade: 8.47Grade Unit: %Intercept: 3.18 mView all details
Link to this fact

Identity

Hole ID
PVD219
Project
Pegmont
Commodity
lead
Region
australia_qld
Reported Region
Queensland
Ticker
VTT

Geometry

Grade
8.47
Grade Unit
%
Intercept
3.18 m
From
118.16 m
To
121.34 m

Classification

Program
exploration
Sample Type
drill
Group ID
PVD219:118.16-121.34

QA/QC

Laboratory
ALS Laboratory Group
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-18T00:00:00.000Z

Reasoning: 8.47% Pb is a strong intercept.

Positive factors

  • high grade lead
PVD219Pegmont · zincGrade: 1.78Grade Unit: %Intercept: 3.18 mView all details
Link to this fact

Identity

Hole ID
PVD219
Project
Pegmont
Commodity
zinc
Region
australia_qld
Reported Region
Queensland
Ticker
VTT

Geometry

Grade
1.78
Grade Unit
%
Intercept
3.18 m
From
118.16 m
To
121.34 m

Classification

Program
exploration
Sample Type
drill
Group ID
PVD219:118.16-121.34

QA/QC

Laboratory
ALS Laboratory Group
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
blanks, standards, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-18T00:00:00.000Z

Reasoning: 1.78% Zn is a moderate grade.

Negative factors

  • lower zinc grade
VKD001Killer Bore · zincGrade: 0.14Grade Unit: %Intercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
VKD001
Project
Killer Bore
Commodity
zinc
Region
australia_qld
Reported Region
Queensland
Ticker
VTT

Geometry

Grade
0.14
Grade Unit
%
Intercept
4.8 m
From
96.36 m

Classification

Program
exploration
Sample Type
drill

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-05-18T00:00:00.000Z

Reasoning: 0.14% Zn is a low grade intercept.

Negative factors

  • low grade

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.