Vendetta Mining Corp. is pleased to announce that it has entered into a non-binding term sheet for a proposed financing transaction with Nebari Holdings LLC . The proceeds of the proposed financing are planned to be used to pay the final Pegmont Lead-Zinc property payment of A$3,000,000 and in doing so complete the Company's acquisition of a 100% interest in the Pegmont Lead-Zinc project. Michael Williams, Vendetta's [...]
Vendetta Mining Corp. is pleased to announce that it has paid the Pegmont project Vendor A$50,000 to extend the March 31 payment of A$300,000 to May 6. On May 6 the Company may further extend the final property payment of A$3,000,000 to November 6, by paying a further A$350,000. This allows the Company time to complete negotiations and obtain TSX-V approvals for an financial instrument that will allow the Company to pay [...]
Vendetta Mining Corp. announces the filing of the National Instrument 43-101 Technical Report entitled "Updated Mineral Resource Estimate and Preliminary Economic Assessment of the Pegmont Lead-Zinc Project". The Report which is dated March 14, 2019 and is effective January 22, was prepared in compliance with National Instrument 43-101- Standards for Disclosure for Mineral Projects . The Report is available under [...]
Vendetta Mining Corp. is pleased to announce a non-brokered private placement for gross proceeds of up to CAD$1.5 million. Private Placement The Company plans to issue up to 12 million units at $0.125 cents per unit to raise gross proceeds of $1.5 million . Each unit will comprise one common share and one-half common share purchase warrant at an exercise price of $0.18 for a period of two years following the closing of [...]
Vendetta Mining Corp. is pleased to announce the results of an independent Preliminary Economic Assessment for its Pegmont Lead-Zinc Project in Queensland, Australia. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects . The PEA was developed by a team of independent consultants, including AMC Mining Consultants Ltd., , GR Engineering Services , and AARC [...]
Vendetta Mining Corp. is pleased to announce the last batch of drill results from the 2018 Resource Development program on the Pegmont Lead-Zinc project in Queensland. New Zone 3 Structure Pit Highlights: PVRD170: 6.00 metres of 11.43% Pb+Zn ; and PVD194: 9.02 metres of 12.85% Pb+Zn ; BHZ / Bridge Zone Highlights: PVD171: 5.30 metres of 9.05% Pb+Zn ; and PVRD191: 4.33 metres of 11.97% Pb+Zn ; Significant results from the [...]
Vendetta Mining Corp. is pleased to announce the signing of an amendment to its agreement with the vendor of the Pegmont Project, Pegmont Mines Ltd. . To obtain 100% of the Pegmont Project the Company had to complete certain drilling milestones and make option payments and a pre-paid royalty payment, in doing so the Company would also obtain an AU$5,250,000 credit against future royalties. To date, the Company has [...]
Vendetta Mining Corp. is pleased to announce that it has closed the second and final tranche of its over-subscribed private placement , previously announced on August 30, 2018 and September 21, 2018. In the second tranche the Company issued a total of 2,370,233 units at a price of $0.18 per Unit for gross proceeds of $426,641.94. The total raised in both the first and second tranche is 12,099,121 Units for a gross total [...]
Vendetta Mining Corp. is pleased to announce that it has closed the first tranche of its over-subscribed private placement, previously announced on August 30, 2018. The Company also announces that it has increased the private placement from 8,333,333 units up to 11,111,111 units for gross proceeds of up to $2 million. In the first tranche, the Company issued a total of 9,368,888 units at a price of $0.18 per Unit for [...]
Vendetta Mining Corp. is pleased to announce the first batch of drill results from the 2018 Resource Development program on the Pegmont Lead-Zinc project in Queensland, Australia and a private placement of $1.5 million. Zone 1 Start-up Pit Highlights: PVRD176: 5.38 metres of 10.94% Pb+Zn ; PVD181: 5.98 metres of 11.29% Pb+Zn ; PVD182: 9.32 metres of 12.50% Pb+Zn ; PVD183: 5.80 metres of 16.35% Pb+Zn ; and PVD184: 4.55 [...]
Vendetta Mining Corp. is pleased to provide the results of the updated Mineral Resource estimate for the Pegmont Lead-Zinc sulphide project in Queensland, Australia. This Mineral Resource will form the basis of the Pegmont Preliminary Economic Assessment , with a planned completion in the next 6 to 8 weeks. Highlights Include: Significant increase in the Indicated Mineral Resource from 2.2 Mt to 5.8 Mt. See Table 4 [...]
Vendetta Mining is pleased to provide the following update on resource development activities and the commencement of a Preliminary Economic Assessment at the Pegmont Lead-Zinc project in Queensland. Update on Mineral Resource Estimate An updated Mineral Resource Estimate is expected within the coming weeks. Vendetta retained AMC Consultants, see May 10th NR #5, AMC Consultants undertook the two previous Pegmont Mineral [...]
+50,00 %
-80,00 %
-2,59 %
