Vendetta Mining Corp. announced results from Zone 1 drilling from the completed 2017 program at the Pegmont Lead-Zinc Project in Queensland, Australia. The main Zone 1 fold is a recumbent fold, a flat lying position that offers an advantage of having up to 3 repetitions of the mineralised horizon. A total of five close spaced holes were drilled from one pad to define the recumbent fold in Zone 1. This is the first oriented core from Zone 1 and the structural data has confirmed the 2016 interpretations however the mineralization is more extensive than expected. The section was completed between existing sections, which were spaced too far apart for the resource estimation to populate all of the resource model in-between. Transition material is defined as lead and zinc mineralisation that is predominately sulphide (sphalerite and galena) within variably weathered rocks. Attempts to extend the transition mineralisation to the south-west were not successful, six holes on three pads intersecting attenuated mineralised beds, in a different structural position than currently modelled. The completed drilling will assist greatly in refining the geological model in this area. Two holes (PVRD123 and 126), drilled specifically for metallurgical sampling successfully tested the upright fold limb at high than expected grades and at 15 metres shallower than modelled in the June 2017 resource model. With limited drilling in Zone 1 Transition there remains potential to further develop high grade near surface (<40 m) transition mineralisation to the north-east, representing an opportunity for additional project optimization. Metallurgical composites are currently being tested by ALS Metallurgy laboratory in Tasmania. Details of the Zone 2 sulphide composite can be found in the new release VTT2017 NR #13, November 15th, 2017. The Zone 1 sulphide composite comprised the five holes discussed in this release: PVRD104, 109, 110, 111 and 121. Drilling in Zone 1 was limited to one section, however, the drilling covers the complete north-west to south-east down dip extent of Zone 1. The Zone 1 sulphide and transition composite included dilution through the addition of 0.5 m of sub 3% Pb + Zn material on both the hangingwall and footwall to reflect potential mining performance, the Zone 1 sulphide composite has a length weighted average grade of 7.78% Pb and 3.18% Zn, a grade considered to be representative of Zone 1 sulphide drilling on recumbent fold structure. The Zone 1 transition composite was made from PVRD123 and 126, with a length weighted average grade of 8.43% Pb and 2.83% Zn. The Zone 1 transition composite included dilution through the addition of 0.5 m of sub 3% Pb + Zn material on both the hangingwall and footwall. As discussed attempts to extend the transition resource to the south-west were unsuccessful and drilling schedule constraints didn't allow time to complete additional transition metallurgical drilling. With limited spatial distribution the Zone 1 transition composite is not considered representative of the transition material, the test work will, however, advance the understanding of the metallurgical performance of the transition material. Results from this current metallurgical program are expected by the end of February. A third exploration drill hole, PVRD151, located 300 m to the SW of the previously completed PVRD149 and 150, was suspended due to a drilling water supply logistics and subsequent wet season rain events meant the site could not be reaccessed. The copper target drilling completed to date will be assessed against the geophysics and if warranted PVRD151 will be completed in 2018. The 2017 resource development program at Pegmont was concluded on December 18, 2017. During 2017 the Company completed a total of 112 drill holes, for a total of 23,228 m. Including drill holes discussed in this release, the Company has announced the results from 72 drill holes. Drill holes not discussed in this news release and in previous releases are currently being validated and interpreted. Results will be released as they are finalized. The drilling at Zone 1 Sulphide involved drilling RC pre-collars using a 5.75 inch diameter face sampling bit to depth prior to casing and continuing the hole in NQ2 diamond core. Drilling in Zone 1 Transition used RC pre-collars and HQ2 diamond core tails. Diamond core samples were taken on nominal 1 m lengths but varied to match geological contacts. Samples of the core are obtained using a diamond saw to half cut the core, if the hole is to be included in metallurgical test work it is then halved again. This is performed to provide sufficient sample for metallurgical test work while retaining a permanent core record. Diamond core samples were taken on nominal 1 m lengths, with a diamond saw being used to half core and then quarter the core. Quarter core samples are dispatched for analysis, so as to provide sufficient sample for metallurgical test work while retaining a permanent core record. Field duplicate samples were taken and blanks and commercially prepared certified reference materials (standards) were added into the sample sequence for every hole submitted. These were analysed by the Company and no issues were noted with analytical accuracy or precision. Samples used for the results described herein were prepared and analyzed at ALS Laboratory Group in Townsville, Queensland. Analysis was undertaken using a four acid digest and ICP (ALS method: ME- ICP61 for 7 elements) with over limit (>10,000 ppm lead and zinc and >100 ppm silver) high grade samples being read with an atomic absorption spectrometer (AAS), (ALS methods: Pb-OG62, Zn-OG62 and Ag-OG62). Drill hole collars are initially located using handheld GPS, the collars have since been surveyed by a licensed surveyor. Down hole surveys were undertaken using a true north seeking gyroscope with stations every 6 m. All NQ2 diamond core is orientated using digital core orientation systems, this data is incorporated into the 3D interpretations.