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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/vendetta-reports-high-grade-exploration-intersections-in-zone-2-and-3-at-the-peg--bac1e73f-174e-43a2-9aa1-e9871d9edc15

Original source: https://money.tmx.com/en/quote/VTT/news/7887395329401109/vendetta-reports-high-grade-exploration-intersections-in-zone-2-and-3-at-the-peg

Publisher: tmx

Original announcement: 2023-05-18T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Vendetta Mining Corp.

- Ticker: VTT

- Exchange: TSX

- Region: Queensland

- Primary commodity: Lead

- Secondary commodities: Zinc, Silver

- Document categories: Drill results, Other

- Extracted: 2026-08-21 11:39:47 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas 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 factor: high-grade lead-zinc intercepts

- Positive factor: successful extension of Zone 3

- Positive factor: successful extension of Zone 2

- Negative factor: early cessation of Killer Bore program due to rain

- Negative factor: structural attenuation up dip in Zone 3

Facts used in scoring: 11

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: 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 Extension**

Polarity: positive

Definition: 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)

### PVD209

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-reports-high-grade-exploration-intersections-in-zone-2-and-3-at-the-peg--bac1e73f-174e-43a2-9aa1-e9871d9edc15#fact-drill-facts-0)

Pegmont · lead

#### 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 factor: high grade lead intercept

### PVD209

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-reports-high-grade-exploration-intersections-in-zone-2-and-3-at-the-peg--bac1e73f-174e-43a2-9aa1-e9871d9edc15#fact-drill-facts-1)

Pegmont · zinc

#### 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 factor: solid zinc grade

### PVD211

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-reports-high-grade-exploration-intersections-in-zone-2-and-3-at-the-peg--bac1e73f-174e-43a2-9aa1-e9871d9edc15#fact-drill-facts-2)

Pegmont · lead

#### 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 factor: exceptional lead grade

### PVD211

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-reports-high-grade-exploration-intersections-in-zone-2-and-3-at-the-peg--bac1e73f-174e-43a2-9aa1-e9871d9edc15#fact-drill-facts-3)

Pegmont · zinc

#### 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 factor: strong zinc grade

### PVD213

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-reports-high-grade-exploration-intersections-in-zone-2-and-3-at-the-peg--bac1e73f-174e-43a2-9aa1-e9871d9edc15#fact-drill-facts-4)

Pegmont · lead

#### 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 factor: high grade lead

### PVD213

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-reports-high-grade-exploration-intersections-in-zone-2-and-3-at-the-peg--bac1e73f-174e-43a2-9aa1-e9871d9edc15#fact-drill-facts-5)

Pegmont · zinc

#### 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 factor: strong zinc grade

### PVD218

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-reports-high-grade-exploration-intersections-in-zone-2-and-3-at-the-peg--bac1e73f-174e-43a2-9aa1-e9871d9edc15#fact-drill-facts-6)

Pegmont · lead

#### 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 factor: exceptional lead grade

### PVD218

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-reports-high-grade-exploration-intersections-in-zone-2-and-3-at-the-peg--bac1e73f-174e-43a2-9aa1-e9871d9edc15#fact-drill-facts-7)

Pegmont · zinc

#### 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 factor: strong zinc grade

### PVD219

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-reports-high-grade-exploration-intersections-in-zone-2-and-3-at-the-peg--bac1e73f-174e-43a2-9aa1-e9871d9edc15#fact-drill-facts-8)

Pegmont · lead

#### 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 factor: high grade lead

### PVD219

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-reports-high-grade-exploration-intersections-in-zone-2-and-3-at-the-peg--bac1e73f-174e-43a2-9aa1-e9871d9edc15#fact-drill-facts-9)

Pegmont · zinc

#### 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 factor: lower zinc grade

### VKD001

[Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-reports-high-grade-exploration-intersections-in-zone-2-and-3-at-the-peg--bac1e73f-174e-43a2-9aa1-e9871d9edc15#fact-drill-facts-10)

Killer Bore · zinc

#### 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 factor: 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.