Maronan Metals reported steady progress in its 40,000m infill drilling program, delivering high-grade silver-lead and copper-gold intercepts. The company also secured firm commitments for a A$20 million placement and appointed Andrew Graham as new Managing Director and CEO.
Maronan Metals has reported strong silver-lead drill results from its namesake project in northwest Queensland. The infill drilling, part of a 40,000m program, is aimed at refining the geological model ahead of a planned resource update in Q4 FY27.
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.
Vendetta Mining Corp. has commenced a Phase 1 drilling program at its Pegmont Lead-Zinc project in Queensland, Australia. The program targets underground extension, open pit definition, and the Killer Bore Zinc prospect, aiming to upgrade Inferred resources to Indicated.
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.
Vendetta Mining Corp. has announced a $4.77 million non-brokered private placement with Singapore-based J&Y Investment PTE. Ltd. The proceeds are intended to retire debt from Nebari Holdings LLC and advance the Pegmont Lead Zinc Project in Australia. The announcement also restates the 2019 Pegmont Mineral Resource Estimate.
Vendetta Mining Corp. announced high-grade lead-zinc exploration drill results from its Pegmont project in Queensland, successfully extending mineralization in Zone 5. Key intercepts include 9.00 metres of 9.86% Pb and 5.37% Zn in hole PVRD207, and 6.02 metres of 6.97% Pb and 4.02% Zn in PVRD201. These results are expected to contribute to a future Mineral Resource update and further resource development drilling.
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.
