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Vendetta Mining Corp.
Summary
| Project: | Pegmont | |
|---|---|---|
| Deposit: | Zone 5 | |
| Location: | Australia | |
| Commodities: | Lead-Zinc-Silver | |
| Date: | 11/7/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-11-2017: Vendetta Mining Corp. announces an Exploration/Drilling Update report for its Zone 5 deposit at the Pegmont project. Drilling results incl. 7.46m @ 4.60% Pb, 4.01% Zn, 4g/t Ag from 245.51m. Vancouver, BC – November 7th , 2017 Vendetta Mining | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Peter Voulgaris (Internal) | |
| ABSTRACT: | Vancouver, BC – November 7th , 2017 Vendetta Mining Corp. (the “Company”) (VTT-TSX:V) is pleased to announce results from Zone 5 drilling from the ongoing 2017 program at the Pegmont LeadZinc Project in Queensland, Australia. A full summary of the sulphide lead-zinc results including estimated true widths are provided in Table 1, with the location of the holes is shown on the maps in Figures 1 and 2. Michael Williams, Vendetta’s President and CEO commented “Drilling in Zone 5 in 2017 confirmed our thesis that the zinc grade increases towards the South-West and these results have solidified this with zinc grades consistently higher than lead. The exploration potential of a third lens has also been further enhanced with this drilling and we are excited about the prospects of continuing step out drilling in the South-West direction.” Two sections were drilled on Anticline B. The first included holes PVRD070, 076 and 080, these holes intersected multiple lenses in the anticline, PVRD070 and 076 intersected three mineralised horizons; the main lens B present throughout Pegmont, Lenses C and D. PVRD080 intersected Lens B and C. A fourth hole, PVRD078 drilled at this location to test the steep northern limb of Anticline B, intersecting Lens B. | |
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