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Vendetta Continues to Intersect High Grade Lead-Zinc from Zone 2 Open Pit Target, Pegmont Lead-Zinc Project
Vancouver, British Columbia--(Newsfile Corp. - November 15, 2017) - Vendetta Mining Corp. (the...
About this update from Vendetta Mining Corp.
[{"type":"text","content":"Vendetta Continues to Intersect High Grade Lead-Zinc from Zone 2 Open Pit Target, Pegmont Lead-Zinc ProjectVancouver, British Columbia--(Newsfile Corp. - November 15, 2017) - Vendetta Mining Corp. (the \"Company\") (TSXV: VTT) is pleased to announce further results from Zones 2 and 5 at the Pegmont Lead-Zinc Project in Queensland, Australia. Zones 2 Highlights:PVRD102: 9.20 metres of 11.51% Pb+Zn (7.87% Pb, 3.28% Zn);PVRD113: 8.25 metres of 10.73% Pb+Zn (7.99% Pb, 2.74% Zn);PVRD121: 7.90 metres of 13.00% Pb+Zn (9.92% Pb, 3.08% Zn); andPVRD127: 5.50 metres of 10.48% Pb+Zn (7.35% Pb, 3.13 Zn)Zones 5 Highlights:PVRD086: 8.90 metres of 9.79% Pb+Zn (6.16% Pb, 3.62% Zn)A full summary of the sulphide lead-zinc results including estimated true widths are provided in Table 1 and 2, the location of the holes is shown on the map in Figure 1.Michael Williams, Vendetta's President and CEO commented, \"The Company is very pleased that the resource development drilling continues to yield high grade results, these coupled with the previously released results build a solid basis for updating the mineral resource estimate which the Company is planning to complete in Q1 2018.\"Zone 2This drilling continues a series of sections which were released previously, see Vendetta news release VTT2016 NR #9, August 24, 2017. Drilling in Zone 2 occurred on six sections, with a final strike spacing of nominally 50 m. For drill hole locations please see Figure 1. Drill hole PVRD102 was drilled on a section which included previously released holes PVRD073, 074, 075 and 079. It was located to test for the presence of a previously unidentified fold whose presence was inferred from the structural analysis of the completed holes. It successfully intersected high grade mineralisation and confirmed the presence of a fold structure.Drill holes PVRD093 and 095 were drilled from the same pad towards the north-west. PVRD095 intersected both the geology and mineralisation as anticipated. PVRD093 didn't intersect the host lithology, subsequent structural analysis suggests the hole ended prematurely, it will likely be extended in the future. Holes PVRD121 and 122 were drilled from the same pad towards the north-west, these holes intersected the host banded iron stone slightly shallower than predicted in the geological model. The holes successfully intersected high grade min...