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Upcoming Pegmont Resource Update Will Probably Indicate Lots Of Upside For Vendetta Mining

Pegmont; step out drilling

1. Introduction

As I have already explained before in a recent article on sponsoring company Tinka Resources, the zinc market is on the verge of a potentially huge supply deficit as several large mines have been shut down with more zinc producers to follow suit.

The uptrend in the new zinc cycle has already started when the zinc price moved from less than $0.70/lbĀ  to a recent high of $1.32/lb, consolidating around $1.12/lb at the moment, so it is interesting to focus on interesting projects which could be brought into production in the current zinc cycle which is expected to last 2-3 years.

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