Vendetta Mining Corp revealed new drill results from the Zone 5 drilling program on its Pegmont lead-zinc project in Queensland, Australia.
Highlights from the results include 9 metres (m) of 9.86% lead and 5.37% zinc (15.24% lead+zinc), including 4.65m of 6.21% lead and 6.82% zinc (13.03% lead+zinc), and 6.02m of 6.97% lead and 4.02% zinc (10.99% lead+zinc)
The program demonstrated that Vendetta is able to successfully target the new Zone 5 interpretation, according to Vendetta CEO Michael Williams.
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“The intersections from these three drill pads will require follow up drilling to enable these intersections to be brought into the next mineral resource update, this drilling will be resource development drilling in the future,” Williams said in a statement.
“Being the upper portions of Zone 5, they should greatly assist the inclusion of Zone 5 into the mining inventory."
Other results included 5.81m of 7.97% lead and 4.92% zinc; 7.97m of 5.92% lead and 2.53% zinc and 4.22m of 6.28% lead and 4.98% zinc.
Vendetta told investors that in addition to restarting the drill program at Pegmont, the company is planning to drill the Killer Bore and Wills Zone exploration areas.
The firm has already selected ten sites at the high-grade Killer Bore area and will work on obtaining heritage clearance before starting its program in early 2022.
At Wills, Vendetta has selected five drill targets.
Vendetta’s 100% owned Pegmont lead zinc project is situated in the Mount Isa-McArthur Mineral Province, Australia which hosts one of the world's richest endowments of lead-zinc-silver mineralization, including several significant lead-zinc-silver mines.
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