Vendetta Commences Phase 1 Drilling Program at Its Pegmont Lead-Zinc Project

Original announcement by tmx on

Company
Vendetta Mining Corp.
Ticker
VTT
Exchange
TSX
Region
Queensland, Australia
Primary commodity
Lead
Secondary commodities
Zinc, Silver, Copper
Document categories
Drill results, Resource update
Extracted
2026-09-13 07:03:58 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Vendetta Mining Corp. has commenced a Phase 1 drilling program at the Pegmont Lead-Zinc project in Queensland, Australia. The program targets underground extension, the Killer Bore Zinc prospect, and shallow open pit areas to improve resource confidence and test material types.

Reasoning: The company is initiating a new drilling phase to expand resources and test material types, building on a previously established resource.

Positive factors

  • Commencement of multi-target drilling program
  • High-grade historical intercepts cited
  • Existing resource base established

Negative factors

  • Historical resource data is from 2018
  • RC drilling noted to potentially under-report grades

Facts used in scoring: 22

Classification and evidence

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program includes drilling to improve definition of material boundaries and expand Indicated resources.

Evidence · text

“improving the definition of the transition / sulphide material boundary”

Inferred Resourcenegative

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

Why it applies: The resource estimate contains a significant Inferred component.

Evidence · text

“Inferred 8,277 Kt @ 5.1% Pb”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Multiple independent qualified persons are named for the resource estimate.

Evidence · text

“Prepared by independent qualified persons (QPs) J.M. Shannon P.Geo”

Extracted facts

Stored fact records: 22. Some facts used in scoring do not have a stored record.

Drill Results (16)

PVRD154Pegmont · leadGrade: 9.07Grade Unit: %Intercept: 15.92 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVRD154
Project
Pegmont
Commodity
lead
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
9.07
Grade Unit
%
Intercept
15.92 m

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: High grade lead intercept from a previous geotechnical hole.

Positive factors

  • High grade intercept

Evidence · text

“PVRD154 15.92 m @ 9.07% Pb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

PVRD154Pegmont · zincGrade: 3.04Grade Unit: %Intercept: 15.92 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PVRD154
Project
Pegmont
Commodity
zinc
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
3.04
Grade Unit
%
Intercept
15.92 m

Classification

Sample Type
drill
Group ID
PVRD154:0-15.92

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Zinc component of high-grade historical intercept.

Evidence · text

“3.04 % Zn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

AND041Killer Bore · zincGrade: 15.44Grade Unit: %Intercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AND041
Project
Killer Bore
Commodity
zinc
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
15.44
Grade Unit
%
Intercept
3 m

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Historic high grade zinc intercept.

Positive factors

  • High grade zinc

Evidence · text

“AND041: 3 m @ 15.44% Zn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

AND041Killer Bore · copperGrade: 0.25Grade Unit: %Intercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
AND041
Project
Killer Bore
Commodity
copper
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
0.25
Grade Unit
%
Intercept
3 m

Classification

Sample Type
drill
Group ID
AND041:0-3.0

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Trace copper in historic intercept.

Evidence · text

“0.25% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

ANP418Killer Bore · zincGrade: 8.26Grade Unit: %Intercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ANP418
Project
Killer Bore
Commodity
zinc
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
8.26
Grade Unit
%
Intercept
4 m

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Historic high grade zinc intercept.

Evidence · text

“ANP418: 4 m @ 8.26% Zn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

ANP418Killer Bore · copperGrade: 0.51Grade Unit: %Intercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
ANP418
Project
Killer Bore
Commodity
copper
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
0.51
Grade Unit
%
Intercept
4 m

Classification

Sample Type
drill
Group ID
ANP418:0-4.0

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Copper component of historic intercept.

Evidence · text

“0.51% Cu”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

DDH01KB001Killer Bore · zincGrade: 10Grade Unit: %Intercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DDH01KB001
Project
Killer Bore
Commodity
zinc
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
10
Grade Unit
%
Intercept
4 m

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Historic high grade zinc intercept.

Evidence · text

“DDH01KB001: 4 m @ 10% Zn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

DDH01KB001Killer Bore · leadGrade: 0.2Grade Unit: %Intercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
DDH01KB001
Project
Killer Bore
Commodity
lead
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
0.2
Grade Unit
%
Intercept
4 m

Classification

Sample Type
drill
Group ID
DDH01KB001:0-4.0

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Lead component of historic intercept.

Evidence · text

“0.2% Pb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

PMR216Pegmont · leadGrade: 7.47Grade Unit: %Intercept: 5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PMR216
Project
Pegmont
Commodity
lead
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
7.47
Grade Unit
%
Intercept
5 m

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: RC drill intercept being followed up.

Negative factors

  • RC drilling noted to potentially under-report grades

Evidence · text

“PMR216: 5 m @ 7.47% Pb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

PMR216Pegmont · zincGrade: 3.92Grade Unit: %Intercept: 5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PMR216
Project
Pegmont
Commodity
zinc
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
3.92
Grade Unit
%
Intercept
5 m

Classification

Sample Type
drill
Group ID
PMR216:0-5.0

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Zinc component of RC drill intercept.

Negative factors

  • RC drilling noted to potentially under-report grades

Evidence · text

“3.92% Zn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

PMR081Pegmont · leadGrade: 5.4Grade Unit: %Intercept: 14 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PMR081
Project
Pegmont
Commodity
lead
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
5.4
Grade Unit
%
Intercept
14 m

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: RC drill intercept being followed up.

Negative factors

  • RC drilling noted to potentially under-report grades

Evidence · text

“PMR081: 14 m @ 5.40% Pb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

PMR081Pegmont · zincGrade: 4.1Grade Unit: %Intercept: 14 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PMR081
Project
Pegmont
Commodity
zinc
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
4.1
Grade Unit
%
Intercept
14 m

Classification

Sample Type
drill
Group ID
PMR081:0-14.0

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Zinc component of RC drill intercept.

Negative factors

  • RC drilling noted to potentially under-report grades

Evidence · text

“4.1% Zn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

PMR118Pegmont · leadGrade: 9.16Grade Unit: %Intercept: 10 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PMR118
Project
Pegmont
Commodity
lead
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
9.16
Grade Unit
%
Intercept
10 m

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: RC drill intercept being followed up.

Negative factors

  • RC drilling noted to potentially under-report grades

Evidence · text

“PMR118: 10 m @ 9.16% Pb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

PMR118Pegmont · zincGrade: 4.56Grade Unit: %Intercept: 10 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PMR118
Project
Pegmont
Commodity
zinc
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
4.56
Grade Unit
%
Intercept
10 m

Classification

Sample Type
drill
Group ID
PMR118:0-10.0

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Zinc component of RC drill intercept.

Negative factors

  • RC drilling noted to potentially under-report grades

Evidence · text

“4.56% Zn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

PGR017Pegmont · leadGrade: 7.56Grade Unit: %Intercept: 9.15 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PGR017
Project
Pegmont
Commodity
lead
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
7.56
Grade Unit
%
Intercept
9.15 m

Classification

Sample Type
drill

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: RC drill intercept being followed up.

Negative factors

  • RC drilling noted to potentially under-report grades

Evidence · text

“PGR017: 9.15 m @ 7.56% Pb”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

PGR017Pegmont · zincGrade: 3.39Grade Unit: %Intercept: 9.15 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
PGR017
Project
Pegmont
Commodity
zinc
Region
australia_qld
Reported Region
australia_qld
Ticker
VTT

Geometry

Grade
3.39
Grade Unit
%
Intercept
9.15 m

Classification

Sample Type
drill
Group ID
PGR017:0-9.15

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Zinc component of RC drill intercept.

Negative factors

  • RC drilling noted to potentially under-report grades

Evidence · text

“3.39% Zn”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Resource Estimates (6)

indicatedPegmont · leadTonnes: 5758000Grade: 6.5Grade Unit: %View all details
Link to this fact

Identity

Project
Pegmont
Commodity
lead
Region
australia_qld
Reported Region
Queensland, Australia
Ticker
VTT

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
Yes
Qualified person names
J.M. Shannon, D Nussipakynova, M. Angus, P. Lebleu, A Riles
Resource group id
resource:54ed86c6c7a5e8218516

Resource Data

Category
indicated
Tonnes
5758000
Grade
6.5
Grade Unit
%

Prior Estimate

Resource Date
2018-07-31

Review

Needs Review
No
Historical
No

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Indicated resource component for lead.

Positive factors

  • Indicated category

Evidence · text

“Indicated 5,758 Kt @ 6.5% Pb”

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.9 years before this release

indicatedPegmont · zincTonnes: 5758000Grade: 2.6Grade Unit: %View all details
Link to this fact

Identity

Project
Pegmont
Commodity
zinc
Region
australia_qld
Reported Region
Queensland, Australia
Ticker
VTT

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
Yes
Qualified person names
J.M. Shannon, D Nussipakynova, M. Angus, P. Lebleu, A Riles
Resource group id
resource:54ed86c6c7a5e8218516

Resource Data

Category
indicated
Tonnes
5758000
Grade
2.6
Grade Unit
%

Prior Estimate

Resource Date
2018-07-31

Review

Needs Review
No
Historical
No

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Indicated resource component for zinc.

Evidence · text

“2.6% Zn”

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.9 years before this release

indicatedPegmont · silverTonnes: 5758000Grade: 11Grade Unit: g/tView all details
Link to this fact

Identity

Project
Pegmont
Commodity
silver
Region
australia_qld
Reported Region
Queensland, Australia
Ticker
VTT

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
Yes
Qualified person names
J.M. Shannon, D Nussipakynova, M. Angus, P. Lebleu, A Riles
Resource group id
resource:54ed86c6c7a5e8218516

Resource Data

Category
indicated
Tonnes
5758000
Grade
11
Grade Unit
g/t

Prior Estimate

Resource Date
2018-07-31

Review

Needs Review
No
Historical
No

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Indicated resource component for silver.

Evidence · text

“11 g/t Ag”

Tags used in scoring

Indicated Resourcepositive

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

Why it applies: category is "indicated"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.9 years before this release

inferredPegmont · leadTonnes: 8277000Grade: 5.1Grade Unit: %View all details
Link to this fact

Identity

Project
Pegmont
Commodity
lead
Region
australia_qld
Reported Region
Queensland, Australia
Ticker
VTT

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
Yes
Qualified person names
J.M. Shannon, D Nussipakynova, M. Angus, P. Lebleu, A Riles
Resource group id
resource:3be187cf1ec2615b5da8

Resource Data

Category
inferred
Tonnes
8277000
Grade
5.1
Grade Unit
%

Prior Estimate

Resource Date
2018-07-31

Review

Needs Review
No
Historical
No

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Inferred resource component for lead.

Negative factors

  • Inferred category

Evidence · text

“Inferred 8,277 Kt @ 5.1% Pb”

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.9 years before this release

inferredPegmont · zincTonnes: 8277000Grade: 2.8Grade Unit: %View all details
Link to this fact

Identity

Project
Pegmont
Commodity
zinc
Region
australia_qld
Reported Region
Queensland, Australia
Ticker
VTT

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
Yes
Qualified person names
J.M. Shannon, D Nussipakynova, M. Angus, P. Lebleu, A Riles
Resource group id
resource:3be187cf1ec2615b5da8

Resource Data

Category
inferred
Tonnes
8277000
Grade
2.8
Grade Unit
%

Prior Estimate

Resource Date
2018-07-31

Review

Needs Review
No
Historical
No

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Inferred resource component for zinc.

Negative factors

  • Inferred category

Evidence · text

“2.8% Zn”

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.9 years before this release

inferredPegmont · silverTonnes: 8277000Grade: 8Grade Unit: g/tView all details
Link to this fact

Identity

Project
Pegmont
Commodity
silver
Region
australia_qld
Reported Region
Queensland, Australia
Ticker
VTT

Resource scope

Estimate type
resource
Reporting standards
other
QP Signed
Yes
Qualified person names
J.M. Shannon, D Nussipakynova, M. Angus, P. Lebleu, A Riles
Resource group id
resource:3be187cf1ec2615b5da8

Resource Data

Category
inferred
Tonnes
8277000
Grade
8
Grade Unit
g/t

Prior Estimate

Resource Date
2018-07-31

Review

Needs Review
No
Historical
No

Dates

Event date
2022-07-05T00:00:00.000Z

Reasoning: Inferred resource component for silver.

Negative factors

  • Inferred category

Evidence · text

“8 g/t Ag”

Tags used in scoring

Inferred Resourcenegative

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

Why it applies: category is "inferred"

Cut-off Undisclosednegative

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

Why it applies: no cutoff_grade was stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

No Contained Metalnegative

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

Why it applies: contained_metal was not reported

Stale Estimatenegative

Effective date is >2 years old — data currency concern, may not reflect current geological understanding.

Why it applies: effective date is 3.9 years before this release

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.