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Vendetta Reports High Grade Exploration Intersections in Zone 5 at the Pegmont Lead-Zinc Project, Queensland

Vancouver, British Columbia--(Newsfile Corp. - November 8, 2021) - Vendetta Mining Corp. (TSX:...

articleVendetta Mining Corp.November 8, 20214/company/vendetta-mining-corp/news/vendetta-reports-high-grade-exploration-intersections-in-zone-5-at-the-pegmont-lead-zinc-project-queensland
Vendetta Reports High Grade Exploration Intersections in Zone 5 at the Pegmont Lead-Zinc Project, Queensland

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[{"type":"text","content":"Vendetta Reports High Grade Exploration Intersections in Zone 5 at the Pegmont Lead-Zinc Project, QueenslandVancouver, British Columbia--(Newsfile Corp. - November 8, 2021) - Vendetta Mining Corp. (TSX: VTT) (\"Vendetta\" or the \"Company\") is pleased to announce the drill results from the 2021 Zone 5 Exploration drilling program on the Pegmont Lead-Zinc project in Queensland.Zone 5 Highlights:PVRD207: 9.00 metres of 15.24 % Pb+Zn (9.86% Pb, 5.37% Zn);4.65 metres of 13.03% Pb+Zn (6.21% Pb, 6.82% Zn);PVRD201: 6.02 metres of 10.99% Pb+Zn (6.97% Pb, 4.02% Zn);PVRD202: 5.81 metres of 7.97% Pb+Zn (7.97% Pb, 4.92% Zn); PVRD203: 7.97 metres of 8.45% Pb+Zn (5.92% Pb, 2.53% Zn); andPVRD204: 4.22 metres of 11.27% Pb+Zn (6.28% Pb, 4.98% Zn)Significant results from Vendetta's July - August 2021 drilling program are summarised in Table 1. This program was designed to follow up along strike from an intersection in an exploration hole completed late 2020 as part of a Queensland Government Collaborative Exploration Initiative (see News Release August 12, 2020), one of those holes PVRD196, located in Zone 5, intersected 8.42 m @ 7.07% Pb, 5.98% Zn and 9 g/t Ag between 161.10 and 169.52 m down hole, outside of the current Mineral Resource, with an estimated true thickness of 7.0 m. The first two holes, PVRD199 and 200 did not deviate as expected, from the same drill pad PVRD201 intersected the target as expected. Five holes (PVRD202 to 206) were drilled on the next drill pad, located 145 m further to the west. PVRD202 unexpectedly intersected mineralisation immediately below the amphibolite dyke in the RC pre-collar. The amphibolite dyke is a sub-horizontal sheet interpreted to be post mineralisation, this intersection is however the first on the project with banded ironstone in contact with the amphibolite. PVRD202, 203 and 204 intersected their targets as expected with PVRD202 intersecting the upper and lower limbs of a targeted fold. PVRD205 didn't deviate as anticipated and failed to intersect the target. PVRD206 intersected a low-grade attenuated limb at the target depth. The third drill and final drill pad was located approximately 300 m to the west of the first pad and is located on the eastern edge of the current Mineral Resource in Zone 5. Here PVRD207 and 208 intersected the target as expected, with PVRD207 intersecting the upper and l...

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