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vendetta mining corp (VTT) Details

Vendetta Mining Corp. engages in the acquisition and exploration of mineral properties. The company owns a 100% interest in the Honeymoon East property comprising of 18 contiguous mineral tenures covering an area of 4,641.56 hectares located south of the community of Clearwater in south-central British Columbia. It was formerly known as Azincourt Resources Inc. and changed its name to Vendetta Mining Corp. in July 2010. The company was incorporated in 2009 and is headquartered in Vancouver, Canada.

Founded in 2009

vendetta mining corp (VTT) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

vendetta mining corp (VTT) Key Developments

Vendetta Mining Corp. Reports Results of Exploration Drilling in Zone 5 at the Pegmont Project

Vendetta Mining Corp. reported results of the recent exploration drilling undertaken by Pegmont Mines Limited (the Vendor). During the closing period of the option agreement, a total of 13 reverse circulation (RC) drill holes for 2,977 metres were completed on the property by the Vendor. Of these, eight were drilled in Zone 5, one in Zone 4, and four were drilled on regional targets. This was undertaken to meet minimum Queensland Government expenditure commitments. The costs incurred by the Vendor for this program have been reimbursed by the company. Results of this RC program have been provided to the company and also reported by the Vendor. The company is in the process of completing its quality control checks (QA/QC) on the drilling and assaying, which includes the submission of certain samples for check assay at a second laboratory. Until these QA/QC checks have been performed, the company cautions that the results cannot be relied upon. Zone 5 at Pegmont is not included in the current Mineral Resource estimate but does form part of the exploration potential at Pegmont.

Vendetta Mining Corp. Announces the Results of the Mineral Resource Estimate for the Pegmont Property Located in Queensland, Australia

Vendetta Mining Corp. announced the results of the Mineral Resource Estimate for the Pegmont Property located in Queensland, Australia. The Pegmont lead-zinc-silver deposit is located 25 km east of BHP Billiton's world class Cannington silver-lead-zinc mine and 28 km north of Chinova Resources' Osborne copper-gold mine. It is proximate to existing infrastructure that includes roads, railhead and natural gas for power generation. Pegmont is a stratiform deposit that outcrops and dips shallowly to the south east and is hosted in a magnetite rich banded iron formation within high grade metamorphic rocks. The project consists of three granted mining leases and 2 exploration permits that cover an area of approximately 3,468 ha. Discovered in 1971, a total of 408 bore holes for 44,745.5 m have been completed on the project to date. The Mineral Resource uses the composite results from 233 bore holes. Drilling is mainly on 100 m spaced sections, with bore holes spaced at 100 m along section lines, although 50 x 50 m spaced drilling is present in some areas. The block model was estimated using 5 x 5 x 2 m blocks, with grade interpolation through inverse distance squared methods with three successively larger search passes. Vendetta is currently completing plans and preparing its initial exploration program for 2014. This will focus on exploration drilling in Zone 5, an area not currently included in the Mineral Resource Estimate.

Vendetta Mining Corp. Announces Board and Executive Changes

Vendetta Mining Corp. has accepted the resignations of two directors, Rob McLeod and Darryl Cardey. Their places on the board have been filled with the appointment of Mr. Peter Voulgaris B.Eng. Geol. (Hons), M.Eng.Sci. MAusIMM, a mining professional with over 20 years experience in mine operations, development and business development and Mr. Doug Ramshaw BSc (Hons), ARSM, a geologist and former mining analyst with 20 years' experience in the industry and capital markets. In addition, Mr. Cale Moodie has been appointed as Chief Financial Officer and Ms. Sheryl Elsdon as Corporate Secretary.


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