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Vendetta Reports Shallow High Grade Drilling Results from Surface at the Pegmont Lead-Zinc Project
Vancouver, British Columbia--(Newsfile Corp. - January 31, 2018) - Vendetta Mining Corp. (TSXV...
About this update from Vendetta Mining Corp.
[{"type":"text","content":"Vendetta Reports Shallow High Grade Drilling Results from Surface at the Pegmont Lead-Zinc ProjectVancouver, British Columbia--(Newsfile Corp. - January 31, 2018) - Vendetta Mining Corp. (TSXV: VTT) (the \"Company\")is pleased to announce results from Zone 1 drilling from the completed 2017 program at the Pegmont Lead-Zinc Project in Queensland, Australia.Zone 1 Sulphide Highlights:PVRD104:    7.10 metres of 11.02% Pb+Zn (7.10% Pb, 3.93% Zn);PVRD109:     5.77 metres of 11.56% Pb+Zn (7.87% Pb, 3.69% Zn);and:      5.15 metres of 14.02% Pb+Zn (10.95% Pb, 3.07% Zn); andPVRD111:     5.72 metres of 11.55% Pb+Zn (7.79% Pb, 3.76% Zn)Zone 1 Transition Highlights:PVRD123:      8.54 metres of 12.56% Pb+Zn (9.52% Pb, 3.04% Zn); andPVRD126:      9.26 metres of 11.23% Pb+Zn (8.31% Pb, 2.91% Zn)A full summary of the assay results including estimated true widths are provided in Table 1, with the location of the holes shown on the map in Figure 1. Zone 1 Sulphide results are shown in cross section in Figure 2.Michael Williams, Vendetta's President and CEO commented \"This is the first drilling we have conducted in Zone 1, the key objectives were to define the fold structure, obtain metallurgical samples, and confirm our theory that there are higher grades in the fold structure than are currently modelled due to a lack of data density. We are pleased with the results and are confident that these drill intersections less than 100 m from surface, will add significant value to the potential Open Pit.\" Zone 1 Sulphide DrillingThe main Zone 1 fold is a recumbent fold, a flat lying position that offers an advantage of having up to 3 repetitions of the mineralised horizon.A total of five close spaced holes were drilled from one pad to define the recumbent fold in Zone 1. This is the first oriented core from Zone 1 and the structural data has confirmed the 2016 interpretations however the mineralization is more extensive than expected. The section was completed between existing sections, which were spaced too far apart for the resource estimation to populate all of the resource model in-between.Zone 1 Transition DrillingTransition material is defined as lead and zinc mineralisation that is predominate...