# Vendetta Announces Extending of Loan to Dec 2022

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/vendetta-announces-extending-of-loan-to-dec-2022--b8e38026-e9ba-4f9b-8a3b-5d2db68cb459

Original source: https://money.tmx.com/en/quote/VTT/news/7427331837260883/vendetta-announces-extending-of-loan-to-dec-2022

Publisher: tmx

Original announcement: 2021-04-27T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Vendetta Mining Corp.

- Ticker: VTT

- Exchange: TSX

- Region: Australia

- Primary commodity: Lead

- Secondary commodities: Zinc, Silver

- Document categories: Resource update, Agreement transaction

- Extracted: 2026-09-13 07:03:36 UTC

Narrative sentiment: 0.30 · Bullish

## Minestarters Atlas summary

Vendetta Mining Corp. has extended its loan with Nebari Natural Resources Credit Fund I LP to December 31, 2022, including a principal repayment holiday until the end of 2021. The extension is intended to support drilling activities in preparation for an updated Preliminary Economic Assessment \(PEA\) for the Pegmont Lead-Zinc Project in Australia.

Reasoning: The company secured a maturity extension and a principal holiday, providing operational breathing room to advance the Pegmont project.

- Positive factor: extension of loan maturity provides liquidity runway

- Positive factor: principal repayment holiday allows focus on drilling and PEA update

- Positive factor: existing lender shows continued support

- Negative factor: repayment bonus tied to market cap increase adds potential cost

Facts used in scoring: 6

## Classification and evidence

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource estimate includes a significant Inferred component \(8,277 Kt\).

Evidence · text

> Inferred 8,277 Kt @ 5.1% Pb, 2.8% Zn, 8 g/t Ag

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Resource Estimates (6)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/vendetta-announces-extending-of-loan-to-dec-2022--b8e38026-e9ba-4f9b-8a3b-5d2db68cb459#fact-resource-facts-0)

Pegmont Lead Zinc Project · lead

#### Identity

- Project: Pegmont Lead Zinc Project
- Commodity: lead
- Region: australia
- Reported Region: Australia
- Ticker: VTT

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:0e01eb83b60c1ed84fee
- Deposit or zone: Pegmont
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 5758000
- Grade: 6.5
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2021-04-27T00:00:00.000Z

Reasoning: Indicated resource component of the Pegmont project.

Evidence · text

> Indicated 5,758 Kt @ 6.5% Pb

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/vendetta-announces-extending-of-loan-to-dec-2022--b8e38026-e9ba-4f9b-8a3b-5d2db68cb459#fact-resource-facts-1)

Pegmont Lead Zinc Project · zinc

#### Identity

- Project: Pegmont Lead Zinc Project
- Commodity: zinc
- Region: australia
- Reported Region: Australia
- Ticker: VTT

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:0e01eb83b60c1ed84fee
- Deposit or zone: Pegmont
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 5758000
- Grade: 2.6
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2021-04-27T00:00:00.000Z

Reasoning: Indicated resource component of the Pegmont project.

Evidence · text

> 5,758 Kt @ 6.5% Pb, 2.6% Zn

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/vendetta-announces-extending-of-loan-to-dec-2022--b8e38026-e9ba-4f9b-8a3b-5d2db68cb459#fact-resource-facts-2)

Pegmont Lead Zinc Project · silver

#### Identity

- Project: Pegmont Lead Zinc Project
- Commodity: silver
- Region: australia
- Reported Region: Australia
- Ticker: VTT

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:0e01eb83b60c1ed84fee
- Deposit or zone: Pegmont
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 5758000
- Grade: 11
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2021-04-27T00:00:00.000Z

Reasoning: Indicated resource component of the Pegmont project.

Evidence · text

> 5,758 Kt @ 6.5% Pb, 2.6% Zn, 11 g/t Ag

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/vendetta-announces-extending-of-loan-to-dec-2022--b8e38026-e9ba-4f9b-8a3b-5d2db68cb459#fact-resource-facts-3)

Pegmont Lead Zinc Project · lead

#### Identity

- Project: Pegmont Lead Zinc Project
- Commodity: lead
- Region: australia
- Reported Region: Australia
- Ticker: VTT

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:7db7b0d89d556c488b07
- Deposit or zone: Pegmont
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 8277000
- Grade: 5.1
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2021-04-27T00:00:00.000Z

Reasoning: Inferred resource component of the Pegmont project.

Evidence · text

> Inferred 8,277 Kt @ 5.1% Pb

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/vendetta-announces-extending-of-loan-to-dec-2022--b8e38026-e9ba-4f9b-8a3b-5d2db68cb459#fact-resource-facts-4)

Pegmont Lead Zinc Project · zinc

#### Identity

- Project: Pegmont Lead Zinc Project
- Commodity: zinc
- Region: australia
- Reported Region: Australia
- Ticker: VTT

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:7db7b0d89d556c488b07
- Deposit or zone: Pegmont
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 8277000
- Grade: 2.8
- Grade Unit: %

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2021-04-27T00:00:00.000Z

Reasoning: Inferred resource component of the Pegmont project.

Evidence · text

> 8,277 Kt @ 5.1% Pb, 2.8% Zn

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/vendetta-announces-extending-of-loan-to-dec-2022--b8e38026-e9ba-4f9b-8a3b-5d2db68cb459#fact-resource-facts-5)

Pegmont Lead Zinc Project · silver

#### Identity

- Project: Pegmont Lead Zinc Project
- Commodity: silver
- Region: australia
- Reported Region: Australia
- Ticker: VTT

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:7db7b0d89d556c488b07
- Deposit or zone: Pegmont
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 8277000
- Grade: 8
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2021-04-27T00:00:00.000Z

Reasoning: Inferred resource component of the Pegmont project.

Evidence · text

> 8,277 Kt @ 5.1% Pb, 2.8% Zn, 8 g/t Ag

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
