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Vendetta Mining Corp V.VTT

Alternate Symbol(s):  VDTAF

Vendetta Mining Corp. is a Canadian junior exploration company focused on advanced stage exploration and development at the Pegmont Lead Zinc Project in Australia. The Company has an option to acquire a 100% interest by completing certain work requirements and making option and advance royalty payments. The Pegmont Project is located in northwest Queensland, Australia. It is situated approximately 175 kilometers (km) southeast of Mount Isa, 130 km south-southeast of Cloncurry and 700 km west-southwest of Townsville. The Pegmont Project is proximate to existing infrastructure that includes roads, railhead and natural gas for power generation.


TSXV:VTT - Post by User

Bullboard Posts
Comment by pearlsinminingon Jul 19, 2018 7:23am
92 Views
Post# 28337026

RE:Next Stage

RE:Next Stage Next stages :
- Resource update by the end of the month
- Assays from the 2018 drill program in the August/September time frame
- PEA announced for September

Why a buyout ?
CEO mentioned multiple times that they received overtures from different parties. The most logical suitors being S32 ( see The case for S32 buying VTT ) , Chinova ( nearby mill but running out of ore ) and Sandfire Resources with adjacent project but no local mill.


Bullboard Posts