Vendetta to Commence Zone 5 Drilling 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
- Document categories
- Drill results, Other
- Extracted
- 2026-09-13 07:04:56 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Vendetta Mining Corp. is commencing a ten-hole drilling program in Zone 5 of its Pegmont Lead-Zinc project in Queensland, Australia. The program aims to expand mineralization around a high-grade intercept (7.07% Pb, 5.98% Zn) previously identified in hole PVRD196.
Reasoning: The announcement details a new drilling program targeting a high-grade intersection (PVRD196) that lies outside the current mineral resource, providing significant exploration upside.
Positive factors
- high-grade intersection
- true width disclosed
- QA/QC disclosed
- step-out potential
Facts used in scoring: 3
Classification and evidence
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: The document explicitly states an estimated true thickness of 7.0 m for the PVRD196 intersection.
Evidence · text
“with an estimated true thickness of 7.0 m”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release details the use of blanks, standards, and field duplicates, and names ALS Laboratory Group.
Evidence · text
“Field duplicate samples were taken and blanks and commercially prepared certified reference materials (standards) were added”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The upcoming program aims to expand mineralization around the PVRD196 intersection, which is outside the current resource.
Evidence · text
“The objective of the upcoming ten hole program is to expand the mineralisation centred around the PVRD196 intersection”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
PVRD196Pegmont · leadGrade: 7.07Grade Unit: %Intercept: 8.42 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PVRD196
- Project
- Pegmont
- Commodity
- lead
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- VTT
Geometry
- Grade
- 7.07
- Grade Unit
- %
- Intercept
- 8.42 m
- True Width
- 7 m
- From
- 161.1 m
- To
- 169.52 m
- Intercept Depth
- 161.1 m
Classification
- Sample Type
- drill
- Group ID
- PVRD196:161.1-169.52
Location
- Location
- Zone 5
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratory Group
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2020-08-12T00:00:00.000Z
Dates
- Event date
- 2021-07-15T00:00:00.000Z
Reasoning: High-grade lead intercept with stated true width, though it is a restatement of 2020 results.
Positive factors
- high-grade
- true width disclosed
Evidence · text
“PVRD196, located in Zone 5, intersected 8.42 m @ 7.07% Pb, 5.98% Zn and 9 g/t Ag”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 7
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
PVRD196Pegmont · zincGrade: 5.98Grade Unit: %Intercept: 8.42 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PVRD196
- Project
- Pegmont
- Commodity
- zinc
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- VTT
Geometry
- Grade
- 5.98
- Grade Unit
- %
- Intercept
- 8.42 m
- True Width
- 7 m
- From
- 161.1 m
- To
- 169.52 m
- Intercept Depth
- 161.1 m
Classification
- Sample Type
- drill
- Group ID
- PVRD196:161.1-169.52
Location
- Location
- Zone 5
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratory Group
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2020-08-12T00:00:00.000Z
Dates
- Event date
- 2021-07-15T00:00:00.000Z
Reasoning: High-grade zinc intercept with stated true width, though it is a restatement of 2020 results.
Positive factors
- high-grade
- true width disclosed
Evidence · text
“PVRD196, located in Zone 5, intersected 8.42 m @ 7.07% Pb, 5.98% Zn and 9 g/t Ag”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 7
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
PVRD196Pegmont · silverGrade: 9Grade Unit: g/tIntercept: 8.42 mHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Hole ID
- PVRD196
- Project
- Pegmont
- Commodity
- silver
- Region
- australia_qld
- Reported Region
- australia_qld
- Ticker
- VTT
Geometry
- Grade
- 9
- Grade Unit
- g/t
- Intercept
- 8.42 m
- True Width
- 7 m
- From
- 161.1 m
- To
- 169.52 m
- Intercept Depth
- 161.1 m
Classification
- Sample Type
- drill
- Group ID
- PVRD196:161.1-169.52
Location
- Location
- Zone 5
- Loc. Source
- document
QA/QC
- Laboratory
- ALS Laboratory Group
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Interp. Status
- scored
- Historical
- Yes
- Historical Source Date
- 2020-08-12T00:00:00.000Z
Dates
- Event date
- 2021-07-15T00:00:00.000Z
Reasoning: Silver grade reported as part of a historical intercept.
Evidence · text
“PVRD196, located in Zone 5, intersected 8.42 m @ 7.07% Pb, 5.98% Zn and 9 g/t Ag”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 7
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is 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
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.