Vancouver - Vendetta Mining Corp. (TSXV: VTT) ('Vendetta' or the 'Company') is pleased to announce that a ten hole drilling program will commence in late July at the Company's 100% owned Pegmont Lead-Zinc project in Queensland, Australia.

A two hole program was completed late 2020 as part of a Queensland Government Collaborative Exploration Initiative, one of those holes PVRD196, located in Zone 5, intersected 8.42 m @ 7.07% Pb, 5.98% Zn and 9 g/t Ag between 161.10 and 169.52 m down hole, outside of the current Mineral Resource, with an estimated true thickness of 7.0 m.

The objective of the upcoming ten hole program is to expand the mineralisation centred around the PVRD196 intersection, testing a strike length of approximately 500 m.

Michael Williams President and CEO commented, 'We are excited to be drilling in Zone 5 at Pegmont once more. This program will follow up on the Queensland Government funded exploration drilling program that successful tested the new Zone 5 interpretation. The thick, relatively shallow and high-grade intersection in PVRD196 highlights the potential to expand the zinc rich Zone 5, which is open along strike and down dip.'

Notes on Drilling and Assay QA/QC

The drilling of PVRD196 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.

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, retaining a half for 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 33 elements) with over limit (>10,000 ppm lead and zinc) high grade samples being read with an atomic absorption spectrometer (AAS), (ALS methods: Pb-OG62 and Zn-OG62).

Drill hole collars are located using handheld GPS. Down hole surveys were undertaken using a true north seeking gyroscope with stations nominally every 6 m.

All diamond core is orientated using digital core orientation systems, this data is incorporated into the 3D interpretations. Assay intervals summarised above are down hole intervals, and the true thickness noted is based on 3D interpretations of the host lithology, structure, and mineralization.

About the Pegmont Lead-Zinc Deposit

Vendetta's 100% owned Pegmont Lead Zinc Project is situated in the Mount Isa - McArthur Mineral Province, Australia which hosts one of the world's richest endowments of lead-zinc-silver mineralization, including several significant lead-zinc-silver mines.

About Vendetta Mining Corp.

Vendetta Mining Corp. is a Canadian junior exploration company engaged in acquiring, exploring, and developing mineral properties with an emphasis on lead and zinc. It is currently focused on advancing the Pegmont Lead Zinc project in Australia.

Contact:

Michael Williams

Tel: 604-448-7855

Cautionary Note Regarding Forward-Looking Information

This release includes certain statements and information that may be deemed to be 'forward looking statements' or 'forward-looking information' within the meaning of the applicable Canadian Securities laws. All statements in this release, other than statements of historical facts are forward looking statements or information, including without limitation, statements or information regarding the use of proceeds of the Private Placement, and other future events or developments. Forward-looking statements include statements that are predictive in nature, are reliant on future events or conditions, Forward looking statements are often, but not always, identified by the use of words such as 'seek', 'anticipate', 'plan', 'continue', 'estimate', 'expect', 'may', 'will', 'project', 'predict', 'potential', 'targeting', 'intend', 'could', 'might', 'should', 'believe' and similar expressions.

These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward looking statements.

Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, changes in commodities prices; changes in expected mineral production performance; unexpected increases in capital costs; exploitation and exploration results; continued availability of capital and financing; differing results and recommendations in the preliminary economic assessment and general economic, market or business conditions.

In addition, forward looking statements are subject to various risks, including but not limited to operational risk; political risk; currency risk; capital cost inflation risk; that data is incomplete or inaccurate; the limitations and assumptions within drilling, engineering and socio economic studies relied upon in preparing the 2019 Pegmont PEA and receipt of regulatory and other approvals and/or consents in respect of the Offering in particular. There can be no assurance that the Offering will be completed on their terms or at all.

The reader is referred to the Company's filings with the Canadian securities regulators for disclosure regarding these and other risk factors, accessible under the Company's profile at www.sedar.com

There is no certainty that any forward looking statement will prove to be accurate and investors should not place undue reliance upon forward looking statements. The Company does not undertake to provide updates to any of the forward looking statements in this release, except as required by law.

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