Vancouver, British Columbia--(Newsfile Corp. - September 19, 2017) - Vendetta Mining Corp. (TSXV: VTT) (the "Company") is pleased to announce the discovery of a new high grade lead/zinc zone in an area that had no previous drilling. The discovery hole PVRD092, intersected 6.2 metres of 12.99% Lead + Zinc in the area between the Burke Hinge Zone (BHZ) and Zone 2. The Company now refers to this area as the Bridge Zone.

PVRD092 was immediately followed up with an additional seven drill holes on two section lines, see Table 1 for assay results and the plans in Figures 1 and 2, and cross section in Figure 3, for drill hole locations.

Highlights:

Bridge Zone

• PVRD092 Sulphide: 6.25 metres of 12.99% Pb+Zn (10.15% Pb, 2.84% Zn)
• PVRD112Sulphide: 4.98 metres of 14.94% Pb+Zn (12.19% Pb, 2.76% Zn)
• PVRD114 Sulphide: 5.06 metres of 14.66% Pb+Zn (11.09% Pb, 3.57% Zn)
• PVRD117 Sulphide: 6.15 metres of 15.41% Pb+Zn (12.88% Pb, 2.53% Zn)

Burke Hinge Zone

• PVRD092 Transition: 8.31 metres of 8.63% Pb+Zn (5.83% Pb, 2.81% Zn)
• PVRD092 Sulphide: 7.22 metres of 11.23% Pb+Zn (7.90% Pb, 3.32% Zn)

Michael Williams, Vendetta's President and CEO commented "This result is further validation of the technical team's understanding of the Pegmont geology. We are looking forward to quickly developing a maiden resource and we have expanded the drill program to further delineate the Bridge Zone."

Drill success of the Bridge Zone confirms the concept whereby the structurally district settings of the moderately north-east dipping BHZ is connected to the generally flat dipping Zone 2.

The success of PVRD092 was immediately followed up with a fan of three drill holes located approximately 85 m along strike to the south-east; PVRD106, 107 and 108. Both lead and zinc grades are improve in the down dip direction and a fourth drill hole is now planned 40 m down dip of PVRD108.

The Company drilled a further four drill holes on the PVRD092 section from a different drill pad: PVRD112, 114, 115 and 117. All four drill holes intersected consistent grades and thicknesses, with a slight increase in grade in the down dip direction. Drill hole PVRD114 didn't lift as planned and intersected within 7 m of PVRD092, results indicate close spaced continuity of both grade and thickness.

The majority of the holes have a low grade footwall of 1 to 3 m in garnet sandstone. A thin 1-2 m thick mineralised horizon lies 8-9 m below the footwall of the main mineralised lens.

The principal horizon intersected on the two sections is believed to be a continuation of Lens B, seen throughout Pegmont, which is now present over a continuous strike length of 1.8 km.

The Bridge Zone holes discussed in this release were expedited through the core shed and at the ALS laboratory, being prioritised in front of other completed holes to assist with drill rig scheduling and drill pad preparation.

A third Bridge Zone section is currently being drilled, located 85 m to the north-west of the PVRD092 section line, three drill holes are planned. The first hole on that section is a re-entry of an historic RC hole (PMR020) and is being extended in NQ core, drilling is currently underway.

Table 1. Summary of Bridge Zone Assay Results

*True thickness is estimated using three dimensional geological modeling and structural measurements.

#Drill intersections are summarized using a combined 1% lead and zinc grade with maximum 1 m internal dilution. Included intervals are based on a combined 5% lead and zinc grade.

Burke Hinge Zone Intersections

PVRD092 was collared in the BHZ so as to work from the "known" to the "unknown", in doing so it intersected the upper and lower lenses of the BHZ as planned, although at better than expected grades. Results are summarized in Table 2.

The first intersection (26.60 — 34.91 m) in the Hanging-wall Lens occurs in moderately weathered country rocks, the host banded iron formation is however more resistant to weathering and the lead-zinc mineralization is present as visible sulphides. This is typical of the transition mineralization intersected at the BHZ, where transition mineralization is defined as predominantly sulphide lead-zinc mineralization in variably weathered rocks. The second intersection (54.24-55.28 m) is sulphide lead-zinc mineralization in fresh country rock.

Table 2. Summary of Burke Hinge Zone Drill Assay Results.

*True thickness is estimated using three dimensional geological modeling and structural measurements.

#Drill intersections are summarized using a combined 1% lead and zinc grade with maximum 1 m internal dilution. Included intervals are based on a combined 3% lead and zinc grade.

Syncline Targets

The conceptual syncline targets under the BHZ were tested with drill holes PVRD091, 094 and 118. PVRD091 intersected a thick sequence of amphibolite dyke interpreted to be near the hinge of the anticline which possibly forms the folded sequence at the BHZ. The hole, therefore, didn't intersect the target position it did however confirm the existence of an anticline. With a better understanding of the dip of the Bridge Zone banded iron formation, drill hole PVRD118 targeted the down extent of the Bridge Zone near the interpreted positon of Syncline Target 1. PVRD118 intersected 9.9 m of host garnet sandstone and banded iron formation with visible lead and zinc sulphide mineralisation, approximately 160 m down dip of PVRD117. Core logging of PVRD118 is ongoing, and no assays are available at this time.