# Vendetta to Commence Zone 5 Drilling at Its Pegmont Lead-Zinc Project Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/vendetta-to-commence-zone-5-drilling-at-its-pegmont-lead-zinc-project--a421a228-84fc-4f96-819d-0bc836faec57 Original source: https://money.tmx.com/en/quote/VTT/news/8536832464030849/vendetta-to-commence-zone-5-drilling-at-its-pegmont-lead-zinc-project Publisher: tmx Original announcement: 2021-07-15T12:30:00.000Z 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 - Document categories: Drill results, Resource update - Extracted: 2026-08-21 12:41:09 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Vendetta Mining Corp. is commencing a ten-hole drilling program at its Pegmont Lead-Zinc project in Queensland, Australia, to expand mineralization in the Zone 5 area. The company highlighted a high-grade historical intercept of 8.42 m at 7.07% Pb and 5.98% Zn to justify the new exploration targets. Reasoning: The announcement focuses on an upcoming drilling program to expand a known high-grade zone \(Zone 5\), while restating a significant historical intercept from 2020. - Positive factor: high-grade intersection in Zone 5 - Positive factor: expansion potential along strike and dip - Positive factor: QA/QC protocols disclosed - Negative factor: historical intercept restatement Facts used in scoring: 9 ## 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 details field duplicates, blanks, and certified reference materials used. Evidence · text > Field duplicate samples were taken and blanks and commercially prepared certified reference materials \(standards\) were added **True Width Disclosed** Polarity: positive Definition: Actual thickness perpendicular to structure is stated, not just downhole length. Why it applies: The true thickness of the PVRD196 intercept is explicitly stated as 7.0 m. Evidence · text > with an estimated true thickness of 7.0 m **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: A significant portion of the reported resource is in the Inferred category. Evidence · text > Inferred 8,277 Kt @ 5.1% Pb ## Extracted facts Stored fact records: 9. Some facts used in scoring do not have a stored record. ## Drill Results (9) ### PVRD196 [Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-to-commence-zone-5-drilling-at-its-pegmont-lead-zinc-project--a421a228-84fc-4f96-819d-0bc836faec57#fact-drill-facts-0) Pegmont · lead Historical result Needs review: historical\_restatement #### Identity - Hole ID: PVRD196 - Project: Pegmont - Commodity: lead - Region: australia\_qld - Reported Region: Queensland, Australia - Ticker: VTT #### Geometry - Grade: 7.07 - Grade Unit: % - Intercept: 8.42 m - True Width: 7 m - From: 161.1 m - To: 169.52 m #### Classification - Sample Type: drill - Group ID: PVRD196:161.1-169.52 #### QA/QC - Laboratory: ALS Laboratory Group - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2020-08-12T00:00:00.000Z #### Dates - Event date: 2021-07-15T00:00:00.000Z Reasoning: 7.07% Pb is a very high-grade intercept for a lead-zinc project. - Positive factor: exceptional grade for lead - Positive factor: true width disclosed - Negative factor: historical data Evidence · text > PVRD196... intersected 8.42 m @ 7.07% Pb, 5.98% Zn and 9 g/t Ag ### PVRD196 [Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-to-commence-zone-5-drilling-at-its-pegmont-lead-zinc-project--a421a228-84fc-4f96-819d-0bc836faec57#fact-drill-facts-1) Pegmont · zinc Historical result Needs review: historical\_restatement #### Identity - Hole ID: PVRD196 - Project: Pegmont - Commodity: zinc - Region: australia\_qld - Reported Region: Queensland, Australia - Ticker: VTT #### Geometry - Grade: 5.98 - Grade Unit: % - Intercept: 8.42 m - True Width: 7 m - From: 161.1 m - To: 169.52 m #### Classification - Sample Type: drill - Group ID: PVRD196:161.1-169.52 #### QA/QC - Laboratory: ALS Laboratory Group - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2020-08-12T00:00:00.000Z #### Dates - Event date: 2021-07-15T00:00:00.000Z Reasoning: 5.98% Zn is a strong grade for this deposit type. - Positive factor: strong zinc grade - Negative factor: historical data Evidence · text > PVRD196... intersected 8.42 m @ 7.07% Pb, 5.98% Zn and 9 g/t Ag ### PVRD196 [Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-to-commence-zone-5-drilling-at-its-pegmont-lead-zinc-project--a421a228-84fc-4f96-819d-0bc836faec57#fact-drill-facts-2) Pegmont · silver Historical result Needs review: historical\_restatement #### Identity - Hole ID: PVRD196 - Project: Pegmont - Commodity: silver - Region: australia\_qld - Reported Region: Queensland, Australia - Ticker: VTT #### Geometry - Grade: 9 - Grade Unit: g/t - Intercept: 8.42 m - True Width: 7 m - From: 161.1 m - To: 169.52 m #### Classification - Sample Type: drill - Group ID: PVRD196:161.1-169.52 #### QA/QC - Laboratory: ALS Laboratory Group - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2020-08-12T00:00:00.000Z #### Dates - Event date: 2021-07-15T00:00:00.000Z Reasoning: Silver is a byproduct in this context. - Negative factor: historical data Evidence · text > PVRD196... intersected 8.42 m @ 7.07% Pb, 5.98% Zn and 9 g/t Ag ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-to-commence-zone-5-drilling-at-its-pegmont-lead-zinc-project--a421a228-84fc-4f96-819d-0bc836faec57#fact-drill-facts-3) Pegmont · lead #### Identity - Project: Pegmont - Commodity: lead - Region: australia\_qld - Reported Region: Queensland, Australia - Ticker: VTT #### Geometry - Grade: 6.5 - Grade Unit: % #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2021-07-15T00:00:00.000Z Reasoning: Standard indicated resource component. Evidence · text > Indicated 5,758 Kt @ 6.5% Pb ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-to-commence-zone-5-drilling-at-its-pegmont-lead-zinc-project--a421a228-84fc-4f96-819d-0bc836faec57#fact-drill-facts-4) Pegmont · zinc #### Identity - Project: Pegmont - Commodity: zinc - Region: australia\_qld - Reported Region: Queensland, Australia - Ticker: VTT #### Geometry - Grade: 2.6 - Grade Unit: % #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2021-07-15T00:00:00.000Z Reasoning: Standard indicated resource component. Evidence · text > Indicated 5,758 Kt @ 6.5% Pb, 2.6% Zn ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-to-commence-zone-5-drilling-at-its-pegmont-lead-zinc-project--a421a228-84fc-4f96-819d-0bc836faec57#fact-drill-facts-5) Pegmont · silver #### Identity - Project: Pegmont - Commodity: silver - Region: australia\_qld - Reported Region: Queensland, Australia - Ticker: VTT #### Geometry - Grade: 11 - Grade Unit: g/t #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2021-07-15T00:00:00.000Z Reasoning: Standard indicated resource component. Evidence · text > Indicated 5,758 Kt @ 6.5% Pb, 2.6% Zn, 11 g/t Ag ### Fact 7 [Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-to-commence-zone-5-drilling-at-its-pegmont-lead-zinc-project--a421a228-84fc-4f96-819d-0bc836faec57#fact-drill-facts-6) Pegmont · lead #### Identity - Project: Pegmont - Commodity: lead - Region: australia\_qld - Reported Region: Queensland, Australia - Ticker: VTT #### Geometry - Grade: 5.1 - Grade Unit: % #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2021-07-15T00:00:00.000Z Reasoning: Inferred resource carries higher geological risk. - Negative factor: Inferred category Evidence · text > Inferred 8,277 Kt @ 5.1% Pb ### Fact 8 [Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-to-commence-zone-5-drilling-at-its-pegmont-lead-zinc-project--a421a228-84fc-4f96-819d-0bc836faec57#fact-drill-facts-7) Pegmont · zinc #### Identity - Project: Pegmont - Commodity: zinc - Region: australia\_qld - Reported Region: Queensland, Australia - Ticker: VTT #### Geometry - Grade: 2.8 - Grade Unit: % #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2021-07-15T00:00:00.000Z Reasoning: Inferred resource carries higher geological risk. - Negative factor: Inferred category Evidence · text > Inferred 8,277 Kt @ 5.1% Pb, 2.8% Zn ### Fact 9 [Link to this fact](https://atlas-staging.minestarters.com/news/vendetta-to-commence-zone-5-drilling-at-its-pegmont-lead-zinc-project--a421a228-84fc-4f96-819d-0bc836faec57#fact-drill-facts-8) Pegmont · silver #### Identity - Project: Pegmont - Commodity: silver - Region: australia\_qld - Reported Region: Queensland, Australia - Ticker: VTT #### Geometry - Grade: 8 - Grade Unit: g/t #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2021-07-15T00:00:00.000Z Reasoning: Inferred resource carries higher geological risk. - Negative factor: Inferred category Evidence · text > Inferred 8,277 Kt @ 5.1% Pb, 2.8% Zn, 8 g/t Ag ## 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.