Norsemont Mining Inc (NOM)

Norsemont Provides Choquelimpie Drilling UpdateJuly 2, 2026 9:00 AM
ACCESS NewswireVANCOUVER, BC / ACCESS Newswire / July 2, 2026 / Norsemont Mining Inc. (CSE:NOM)(OTCQX:NRRSF)(FWB:LXZ1) ("Norsemont" or the "Company") is pleased to announce an update on our 2026 phase III drill program. Nine (9) holes, for a total of 2,187.15 meters (Figure 1 & Table 1), have been drilled year-to-date on the Choquelimpie project. These holes have been designed to both step-out and offset from identified mineralized intercepts.HighlightsNorsemont has completed nine drill holes totaling 2,187 meters so far in 2026, expanding work across five key zones at Choquelimpie.Early drilling has helped outline the edges of several hydrothermal breccia bodies, giving the team a clearer picture of where the strongest mineralization is likely to continue.Multiple gold-bearing styles have been confirmed, including Hydrothermal breccias, Porphyry-related quartz ± magnetite veinlets and Quartz-mica-sulfide alteration zonesBase-metal mineralization is present in the quartz-mica-sulfide zones, adding another potential value component to the system.New holes now underway (DD-15 and DD-18) are offsetting from known mineralization, targeting extensions in the Choque and Suri Zones.Assays are pending and expected to be meaningful catalysts once released.Metallurgical and 3D geological studies planned for later in 2026 will help refine the precious- and base-metal relationships across the system, supporting future resource growth.Management CommentsNorsemont CEO, Marc Levy commented:"Phase III drilling continues to advance our understanding of the multi-zone gold-silver system at Choquelimpie. The Phase III program has expanded mineralization across multiple zone areas, and early results are helping refine the geometry of key breccia bodies and associated porphyry-style mineralization. As additional assays come in, we are steadily improving the 3D model of the system and identifying new offset opportunities for follow-up drilling. With multiple mineralization styles confirmed and active work underway on geological, geophysical, and metallurgical studies, Choquelimpie continues to demonstrate strong resource expansion potential which will drive project growth."Drill Program UpdateTwo (2) of the holes (DD-09 & 10) have further explored the Choque Zone, one (1) the Suri Zone (DD-08), three (3) the Vizcacha Zone (DD-11, 12 & 13), one (1) the Hundimiento Zone (DD14), and two (2) holes for the Espanola Zone. Holes MV26-DD-15 and DD-18 are currently in progress, further exploring the Choque and Suri Zones. Assays from the Phase 3 2026 drilling program will be reported once available.Figure 1 Table 1 Some early 2026 holes seem to have defined the limits for individual hydrothermal breccia bodies. Accordingly, future 2026 holes are being designed to offset from known mineralization.Gold mineralization, of the following three (3) styles, has been intersected by the Phase 3 drilling:Hydrothermal breccia bodies,Dacite-andesite porphyry cut by quartz +/- magnetite veinlets,Quartz-mica-sulfide alteration zones developed on the dacite-andesite porphyry and some hydrothermal breccia bodies.Additionally, the elevated base-metal mineralization appears to be primarily related to zones of quartz-mica-sulfide alteration.The mineralogical relationship between the precious- and base-metal mineralization will continue to be assessed as part of metallurgical studies planned to be conducted on sulfide materials later in 2026. Also, the three-dimensional spatial relationships between the various mineral intercept types are being analyzed as additional data is received. The results of these studies, in conjunction with geological and geophysical information, provides important data points to aid in interpretation of the evolution of the Choquelimpe hydrothermal mineralizing system.Split drill core samples for the drilling is being shipped to Activation Geological Services SpA (AGS) for geochemical analysis. The samples are being prepared at the AGS facility located in Antofagasta Chile and analyzed at the AGS geochemical laboratory, located at Coquimbo, Chile. The laboratory has an ISO 17025 certification. The gold grades are being determined by fire assay (AGS code AU-FA30). Drill intervals that have some degree of oxidation are also analyzed by the cyanide-soluble gold method (AUCN).The samples are also analyzed for 60 elements, including silver, by mass spectrometer (MS TD60). In addition, silver and specific base metals are re-assayed by atomic absorption spectrometry (AGS code 4ACID-AAS) for samples where the initial value for a particular element is greater than the limit of accuracy ("over-limit") for that method. The overlimit value for: silver (Ag) is 100 parts per million (ppm), copper (Cu) is 10,000 ppm, lead (Pb) is 5,000 ppm and zinc (Zn) is 10,000 ppm.Standard and blank samples are being inserted at a frequency of one each for every 20 drill samples.The Phase 3 exploration program is being managed by Roman Flores, a Persona Calificada (Q.P.) with the Commission Minera Chile.References:Wilson, S. E., 2025, NI 43-101 Technical Report for the Choquelimpie Au-Ag Project Region 1 Chile, 115p.Qualified PersonDavid Flint, MSc, AIPG-CPG, and Chief Geologist of Norsemont Mining Inc.; a qualified person as defined in NI 43-101, has reviewed and approved the technical information in this press release.On Behalf of the Board,NORSEMONT MINING INC.
Marc Levy
CEO & ChairmanAbout Norsemont Mining Inc.The Norsemont team comprises experienced natural resource professionals focused on growing shareholder value and developing its flagship project through to bankable feasibility, with an indicated mineral resource estimate of 81.9 million tonnes at a gold grade of 0.66 g/t (1,731,000 gold ounces), and a silver grade of 12.6 g/t (33,233,000 silver ounces); and an inferred mineral resource of 25.3 million tonnes at a gold grade of 0.55 g/t (446,000 gold ounces) and a silver grade of 8.9 g/t (7,219,000 silver ounces) for its Choquelimpie Gold-Silver-Copper project. Norsemont Mining owns a 100% interest in the Choquelimpie gold-silver-copper project in northern Chile, a past producing gold and silver mine with significant exploration upside. Choquelimpie has over 1,710 drill holes, with significant existing infrastructure, including roads, power, water, camp and a 3,000-tonne-per-day mill. Norsemont is committed to responsible and sustainable resource development, leveraging modern exploration techniques to unlock further value for all stakeholders.For more information, please contact the Company at: psearle @themanflFollow Norsemont Mining:
Twitter: @norsemont
LinkedIn: @norsemontmining
Facebook: @norsemontmining
YouTube: @norsemontminingNeither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.Forward-Looking StatementsCautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the Offering and entry into the marketing agreements.These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, the Company not receiving the necessary regulatory approvals in respect of the Offering and marketing agreements contemplated herein and, with respect to the Offering, risks adverse to the capital markets, the mining industry, and investor support. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will receive the necessary regulatory approvals and receive market interest to close the Offering on the terms herein.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, except as required by applicable securities laws.SOURCE: Norsemont Mining, Inc.View the original press release on ACCESS NewswireOriginal: Norsemont Provides Choquelimpie Drilling Update

Norsemont Reports Significant Copper, Lead & Zinc Values in Three Choquelimpie Drill HolesApril 24, 2026 9:00 AM
ACCESS NewswireVANCOUVER, BC / ACCESS Newswire / April 24, 2026 / Norsemont Mining Inc. (CSE:NOM)(OTCQX:NRRSF)(FWB:LXZ1) ("Norsemont" or the "Company") is pleased to announce over limit base-metal assay results (copper, lead and zinc) for three holes, which are contributing to target refinement for ongoing drilling. These encouraging base-metal results add to the geological understanding of the system and help refine targets for the ongoing diamond drill program at Choquelimpie, focused on testing higher-grade hydrothermal breccia targets at depth and supporting potential resource growth. Additional metallurgical and drill results are anticipated to be released shortly.HighlightsDD03: 24 meters averaging 0.95 g/t AuEq, plus 0.29% CuElevated lead: Multiple intersections of elevated lead values were intersected in all three holesElevated zinc: Multiple intersections of elevated zinc values were also intersected in all three holesHighest-grade intercepts:DD01: 4 Meters of elevated AuEq 2.85 g/t, plus 3.23% Pb and 11.90% ZnDD02: 29 Meters of 1.89 g/t AuEqManagement CommentsNorsemont CEO Marc Levy commented:"We are pleased with the positive gold and elevated base metal results from the first three holes of the 2025 Phase 3 drill program. These long gold equivalent intercepts are above the current sulfide resource grade, highlighting the potential to upgrade the resource volume and average grade. We are also encouraged by the geological team's growing understanding of the controls on higher-grade mineralization. The data indicates the potential for a porphyry system. The presence of the elevated base-metal mineralization is particularly intriguing, and we look forward to receiving further re-assay results and integrating those data into the broader Choquelimpie geological model. These significant results add to our increasing confidence in the potential for substantial high-grade gold zones at depth and along strike beneath the existing open-pit resource."The Phase 3 Drill ProgramChoquelimpie drill samples have been analyzed for silver, copper, lead and zinc using the Inductively Coupled Plasma (ICP) analytical method. Initial assay values for some samples were reported as "over-limit," meaning the ICP method is not accurate above a stated maximum concentration. These samples have been re-assayed by atomic absorption spectrometry (AA), a method which is accurate at the higher concentration levels. The AA results have been received for much of the Phase 3 (2025) drilling, with distinct zones of silver-lead-zinc, lead-zinc and copper mineralization being intersected. Continuous base-metal intercepts, along with the corresponding gold and silver concentrations, are summarized in Table 1. The primary gold intercepts, previously reported in a Norsemont press release dated 24 February 2026, are also included. Gold-equivalent (AuEq) values are now also reported (Table 1).Table 1 Note: true thicknesses of mineralization are unknownBase-metal values are low for the DD-01 (Vizcacha Zone) primary gold intercept (0-109 meters depth). However, an intercept of silver-lead-zinc mineralization is present further down the hole (130 - 180 meters). Gold, within this interval, is also elevated (1.40 g/t) at 165 - 169 meters.Base metal values are also low for the DD-02 (Vizcacha Zone) primary gold intercept (0-94 meters depth). Zones for each of Ag-Pb-Zn (211 - 219 meters depth) and Pb-Zn (230 - 238 meters depth) mineralization have been intersected by the hole.Anomalous copper mineralization (0.21% average) is coincident with the upper gold intercept for DD-03 (Choque Zone). In addition, primarily Pb-Zn mineralization has been intersected at downhole depths of 80 - 87 and 119 - 143 meters.The mineralogical relationship between the precious- and base-metal mineralization will be assessed as part of metallurgical studies planned to be conducted on sulfide materials later in 2026. The three-dimensional spatial relationships between the various mineral intercept types will also be analyzed once additional data has been received. The results of these studies, in conjunction with geological and geophysical information, should provide important data points to aid in interpretation of the evolution of the Choquelimpie hydrothermal mineralizing system.The Phase 3 drill campaign at Choquelimpie has successfully evaluated the down-dip extensions of higher-grade gold mineralization (>1 gram/tonne Au) hosted within hydrothermal breccia zones (Figure 1). Seven (7) core holes, totaling approximately 1650 meters have been completed. Details of this program are shown on Figure 1 and Table 2.Figure 1: Phase 3 Drill Hole Location Map Table 2: Phase 3 Drill Hole Collar File All split drill core samples for the drilling have been shipped to Activation Geological Services SpA for geochemical analysis. The samples have been prepared at the AGS facility in Antofagasta Chile and are being analyzed at the AGS geochemical laboratory, in Coquimbo, Chile. The laboratory has an ISO 17025 certification. The gold grades are being determined by fire assay (AGS code AU-FA30). Drill intervals that have some degree of oxidation are also being analyzed by the cyanide-soluble gold method (AUCN).Samples have also been analyzed for 60 elements, including silver, by mass spectrometer (MS TD60). In addition, silver and specific base metals have been re-assayed by atomic absorption (AGS code 4ACID-AAS) for samples where the initial value for a particular element is greater than the limit of accuracy ("over-limit") for that method. The overlimit value for: silver (Ag) is 100 parts per million (ppm), copper (Cu) is 10,000 ppm, lead (Pb) is 5,000 ppm, and zinc (Zn) is 10,000 ppm.Examination of Norsemont's 2021 core drilling assay results has determined that values for multiple individual samples from that program have also been reported with over-limit values. These samples, where material remains available, will also be re-assayed according to the protocols being utilized for the Phase 3 drill program.Standard and blank samples have been inserted at a frequency of one each for every 20 drill samples.Gold-equivalent (AuEq) values have also been calculated according to the following formula: AuEq (g/t) = Au (g/t) + Ag (g/t) * Ag price/Au price * Ag recovery/Au recovery; where Au price = USD 4,000/oz, Ag price = USD 62/oz, Au rec = 88%, and Ag rec = 87% (recoveries based on historical flotation test results).The Phase 3 exploration program was supervised by Roman Flores, a Persona Calificada (Q.P.) with the Commission Minera Chile.Marketing ContractsThe Company is also pleased to announce it has extended the service agreement dated January 9, 2026, with Native Ads Inc. ("Native Ads"), of 244 Fifth Avenue, Suite N-249, New York, NY 10001, USA (1-877-773-3540), to provide investor awareness and promotional services, subject to approval by the Canadian Securities Exchange (the "CSE"). The campaign which commenced in the first quarter of 2026 will continue for up to 12 months, or until the approved budget is fully expended. The principal of Native Ads is Jon Malach.Under the Agreement, Native Ads will conduct a digital media and content distribution campaign intended to increase awareness and understanding of the Company and its efforts. The campaign will include digital advertising across search engines, financial publications, and financial websites. The Company has approved a budget of up to US$200,000 for these services.The Agreement contains no performance-based factors, and Native Ads will not receive any equity as compensation. Native Ads and the Company are unrelated and unaffiliated entities, and at the time of the Agreement, neither Native Ads nor its principals hold any direct or indirect interest in the securities of the Company.The contact information for Native Ads is as follows:244 Fifth Avenue, Suite N-249, New York, NY 10001
T: +1.877.773.3540
E: info @patfes Technical Report for the Choquelimpie Au-Ag Project Region 1 Chile, 115p.Qualified PersonDavid Flint, MSc, AIPG-CPG, and Chief Geologist of Norsemont Mining Inc.; a qualified person as defined in NI 43-101, has reviewed and approved the technical information in this press release.On Behalf of the Board,NORSEMONT MINING INC.Marc Levy
CEO & ChairmanAbout Norsemont Mining Inc.The Norsemont team comprises experienced natural resource professionals focused on growing shareholder value and developing its flagship project through to bankable feasibility, with an indicated mineral resource estimate of 81.9 million tonnes at a gold grade of 0.66 g/t (1,731,000 gold ounces), and a silver grade of 12.6 g/t (33,233,000 silver ounces); and an inferred mineral resource of 25.3 million tonnes at a gold grade of 0.55 g/t (446,000 gold ounces) and a silver grade of 8.9 g/t (7,219,000 silver ounces) for its Choquelimpie Gold-Silver-Copper project. Norsemont Mining owns a 100% interest in the Choquelimpie gold-silver-copper project in northern Chile, a past producing gold and silver mine with significant exploration upside. Choquelimpie has over 1,710 drill holes, with significant existing infrastructure, including roads, power, water, camp and a 3,000-tonne-per-day mill. Norsemont is committed to responsible and sustainable resource development, leveraging modern exploration techniques to unlock further value for all stakeholders.For more information, please contact the Company at: psearle @themanflFollow Norsemont Mining:
Twitter: @norsemont
LinkedIn: @norsemontmining
Facebook: @norsemontmining
YouTube: @norsemontminingNeither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.Forward-Looking StatementsCautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the Offering and entry into the marketing agreements.These forward-looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, the Company not receiving the necessary regulatory approvals in respect of the Offering and marketing agreements contemplated herein and, with respect to the Offering, risks adverse to the capital markets, the mining industry, and investor support. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will receive the necessary regulatory approvals and receive market interest to close the Offering on the terms herein.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, except as required by applicable securities laws.SOURCE: Norsemont Mining, Inc.View the original press release on ACCESS NewswireOriginal: Norsemont Reports Significant Copper, Lead & Zinc Values in Three Choquelimpie Drill Holes

Norsemont Commences Trading on the OTCQX MarketApril 1, 2026 10:00 AM
ACCESS NewswireNORSEMONT COMMENCES TRADING ON THE OTCQX MARKETVANCOUVER, BC / ACCESS Newswire / April 1, 2026 / Norsemont Mining Inc. (CSE:NOM)(OTCQX:NRRSF)(FWB:LXZ1) ("Norsemont" or the "Company"), an advanced stage gold-silver-copper exploration company, is pleased to announce commencement of trading on OTCQX Under Ticker "NRRSF". Norsemont CEO Marc Levy said, "Trading on OTCQX is a key milestone that boosts our visibility in the U.S. and gives North American investors an easier way to trade our shares. With strong U.S. support already in place, this listing broadens our reach as we advance the Choquelimpie gold-silver-copper project and work to build long-term shareholder value."The OTCQX is recognized as a premier marketplace for developing companies, offering transparent trading and efficient access to U.S. capital markets. By trading on the OTCQX, Norsemont is better positioned to engage with U.S. institutional and retail investors who seek exposure to high-potential gold-silver-copper exploration opportunities.Management CommentsMarc Levy CEO of Norsemont commented: "We are trilled to begin trading on the OTCQX under the ticker NRRSF. This milestone reflects our commitment to expanding our presence in the U.S. capital markets and improving accessibility for our growing base of American shareholders.""We already have a substantial number of U.S. investors supporting our story, and this listing provides them with a more efficient platform to trade our shares while also opening the door to a broader pool of new investors. As we continue to deliver strong exploration results and advance our Choquelimpie gold-silver-copper project in Chile, we believe this increased visibility will play an important role in driving long-term shareholder value."Qualified PersonDavid Flint, MSc, AIPG-CPG, and Chief Geologist of Norsemont Mining Inc.; a qualified person as defined in NI 43-101, has reviewed and approved the technical information in this press release.On Behalf of the Board,NORSEMONT MINING INC.Marc Levy
CEO & ChairmanAbout Norsemont Mining Inc.Norsemont is an advanced stage mining company engaged in the development and resource expansion of it Choquelimpie gold silver copper project in Northern Chile. The Norsemont team comprises experienced natural resource professionals focused on growing shareholder value and developing its flagship project through to feasibility, with an indicated mineral resource estimate of 1,731,000 gold ounces, and 33,233,000 silver ounces and an inferred mineral resource of 446,000 gold ounces and 7,219,000 silver ounces for its Choquelimpie Gold-Silver-Copper project. Norsemont Mining owns a 100% interest in the Choquelimpie gold-silver-copper project in northern Chile, a past producing gold and silver mine with significant exploration upside. Choquelimpie has over 1,710 drill holes, with significant existing infrastructure, including roads, power, water, camp and a 3,000-tonne-per-day mill. Norsemont is committed to responsible and sustainable resource development, leveraging modern exploration techniques to unlock further value for all stakeholders.For more information, please contact the Company at: psearle @themanflFollow Norsemont Mining:
Twitter: @norsemont
LinkedIn: @norsemontmining
Facebook: @norsemontmining
YouTube: @norsemontminingNeither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.Forward-Looking StatementsCautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the finalization and delivery of the EID and the anticipated timeline thereof, anticipated advancement of the project, and the ability of the Company to obtain regulatory approvals and permits required for such advancement.These forward-looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, the Company not being able to obtain the EID for any reason, inability to obtain required government approvals and permits to advance the project as required and on reasonable timelines, risks adverse to the capital markets, the mining industry, and investor support. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will receive the necessary regulatory approvals and support to prepare, submit and receive the EID on anticipated timelines.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, except as required by applicable securities laws.SOURCE: Norsemont Mining, Inc.View the original press release on ACCESS NewswireOriginal: Norsemont Commences Trading on the OTCQX Market

Norsemont Targets Filing Environmental Impact Declaration in December 2026March 2, 2026 9:00 AM
ACCESS NewswireVANCOUVER, BC / ACCESS Newswire / March 2, 2026 / Norsemont Mining Inc. (CSE:NOM)(OTCID:NRRSF)(FWB:LXZ1) ("Norsemont" or the "Company") is pleased to announce it has engaged DAES Consultores (www.daesconsultores.cl) to complete an Environmental Impact Declaration (Declaración de Impacto Ambiental) ("EID") by December 2026 for its Choquelimpie gold-silver-copper project in northern Chile. The primary focus of the EID is to assist the Company through the regulatory pathway for future project development. Biologists are currently at the project site and the initial focus is on biological characterizations (terrestrial fauna, flora and vegetation). Three additional visits are planned for the remainder of the year.Carolina Morgan is the head of Environmental Permitting for the Company and is a seasoned international project manager with extensive experience leading environmental assessments, securing permits, coordinating multidisciplinary teams, and managing regulatory agencies and community stakeholders for major energy and infrastructure projects. Ms. Morgan is leading the Company's internal environmental team and coordinating efforts with DAES in the delivery of the EID.Between March and November 2026, the Company intends to conduct and complete following assessments as part of the EID:Cultural Heritage Characterization: surface archaeological and paleontological surveys;Landscape Characterization Studies;Atmospheric Emissions EstimationAir Quality Modeling;Traffic Impact Assessment (TIA): Study of effects on road networks;Human Environment Characterization: Social baseline study;Land Use and Land Tenure Characterization;Hydrological and Hydrogeological Study;Geomorphological Hazard and Risk Assessment;Soil and Pedological Study;Tourism Component Study; andProtected Areas and Priority Conservation Sites.The Environmental Impact Declaration is scheduled to be completed by December 2026.Management CommentsNorsemont CEO, Marc Levy commented, "We are very pleased to be working with DAES and Ms. Morgan to complete this important regulatory step in the advancement of the Company's flagship property. We believe this will be a transformative year for the Company as we advance towards obtaining regulatory approvals for processing existing stockpiles on the property while we continue to systematically drill and expand the oxide and sulfide resources, while testing the copper porphyry potential deeper in the system."Qualified PersonDavid Flint, MSc, AIPG-CPG, and Chief Geologist of Norsemont Mining Inc.; a qualified person as defined in NI 43-101, has reviewed and approved the technical information in this press release.On Behalf of the Board,NORSEMONT MINING INC.Marc Levy
CEO & ChairmanAbout Norsemont Mining Inc.The Norsemont team comprises experienced natural resource professionals focused on growing shareholder value and developing its flagship project through to feasibility, with an indicated mineral resource estimate of 1,731,000 gold ounces, and 33,233,000 silver ounces and an inferred mineral resource of 446,000 gold ounces and 7,219,000 silver ounces for its Choquelimpie Gold-Silver-Copper project. Norsemont Mining owns a 100% interest in the Choquelimpie gold-silver-copper project in northern Chile, a past producing gold and silver mine with significant exploration upside. Choquelimpie has over 1,710 drill holes, with significant existing infrastructure, including roads, power, water, camp and a 3,000-tonne-per-day mill. Norsemont is committed to responsible and sustainable resource development, leveraging modern exploration techniques to unlock further value for all stakeholders.For more information, please contact the Company at: psearle @themanflFollow Norsemont Mining:
Twitter: @norsemont
LinkedIn: @norsemontmining
Facebook: @norsemontmining
YouTube: @norsemontminingNeither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.Forward-Looking StatementsCautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the finalization and delivery of the EID and the anticipated timeline thereof, anticipated advancement of the project, and the ability of the Company to obtain regulatory approvals and permits required for such advancement.SOURCE: Norsemont Mining, Inc.View the original press release on ACCESS NewswireOriginal: Norsemont Targets Filing Environmental Impact Declaration in December 2026

Norsemont Drills 94 meters at 1.26 g/t Au and 109 meters at 1.09 g/t Au Both Holes Starting at SurfaceFebruary 24, 2026 9:00 AM
ACCESS NewswireVANCOUVER, BC / ACCESS Newswire / February 24, 2026 / Norsemont Mining Inc. (CSE:NOM)(OTCID:NRRSF)(FWB:LXZ1) ("Norsemont" or the "Company") is pleased to announce precious-metal assay results for three (3) of the Phase 3 drill holes at it's the 100%-owned Choquelimpie high-sulfidation gold-silver-copper project in northern Chile. Seven (7) holes of the Phase 3 drill program have been completed, for a total of 1,650 meters. Norsemont is planning to resume drilling operations in April 2026.The drilling has provided important data for the extension of higher-grade zones, to depth. Drill samples for the complete drill program have been submitted to the laboratory. Results have been received for three (3) holes, although some intervals with initial "over-limit" results remain to be re-assayed. Partial results also have been received for additional holes. The balance of assays are expected to be received later this quarter.HighlightsMV25-DD01 intersected 109 meters at 1.09 g/t, including 45 meters at 1.21 g/t Au.MV25-DD02 intersected 94 meters at 1.26 g/t Au, including 31 meters at 1.79 g/t Au.MV25-DD03 intersected 33 meters at 0.87 g/t Au.Management CommentsNorsemont CEO Marc Levy commented:"We are pleased with the positive gold results from the first three holes of the 2025 Phase 3 drill program. These long intercepts are above the current sulfide resource grade, highlighting the potential to upgrade the resource. We are also encouraged by the geological team's growing understanding of the controls on higher-grade mineralization. The presence of anomalous base-metal mineralization is particularly intriguing, and we look forward to receiving the re-assay results and integrating those data into the broader Choquelimpe geological model. These strong results add to our increasing confidence in the potential for substantial high-grade gold zones at depth and along strike beneath the existing open-pit resource. We look forward to providing further updates as results become available."The Phase 3 Drill ProgramThe Phase 3 drill campaign at Choquelimpie has successfully evaluated the down-dip extensions of higher-grade gold mineralization (>1 gram/tonne Au) hosted within hydrothermal breccia zones (Figure 1). Seven holes (7) core holes, for a total of approximately 1650 meters have been completed. The details of this program are shown on Figure 1 and Table 1.Figure 1: Phase 3 Drill Hole Location Map Table 1: Phase 3 Drill Hole Collar File All split drill core samples for the drilling have been shipped to Activation Geological Services SpA for geochemical analysis. The samples have been prepared at the AGS facility located in Antofagasta Chile and are being analyzed at the AGS geochemical laboratory, located at Coquimbo, Chile. The laboratory has an ISO 17025 certification. The gold grades are being determined by fire assay (AGS code AU-FA30). Drill intervals that have some degree of oxidation are also being analyzed by the cyanide-soluble gold method (AUCN).The samples are also being analyzed for 60 elements, including silver, by mass spectrometer (MS TD60). In addition, silver and specific base metals are being re-assayed by atomic absorption for samples where the initial value for a particular element is greater than the limit of accuracy ("over-limit") for that method. The overlimit value for: silver is 100 parts per million (ppm), copper is 10,000 ppm, lead is 5,000 ppm and zinc is 10,000 ppm.Standard and blank samples have been inserted at a frequency of one each for every 20 drill samples.Fire-assay gold drill intercepts are summarized below for the initial three holes of the Phase 3 drill program.MV25-DD01Assay results have been received for DD01, although some intervals with initial "over-limit" results remain to be re-assayed. The hole intersected Vizcacha hydrothermal breccia, as predicted (Figures 2 & 3).DD01 intersected 109 meters at a gold grade of 1.09 g/t (Table 2). This compares to the in-situ pit sulfide indicated resource average gold grade of 0.70 g/t. There are multiple additional intercepts at higher average grades. Additionally, a zone of elevated silver-lead-zinc grades is present between 130 to 189 meters down hole. There is an over-limit result, for at least 1 of these 3 elements, for many of the individual samples. Samples within this interval are being re-assayed by atomic absorption.Figure 2: DD01 & DD02 Cross Section Notes: 1) The line of section is displayed in Figure 1; 2) West-east section, looking North; 3) Block model grades in grams/tonne Au & 4) Block model display filtered to > 0.20 grams/tonne Au.Figure 3: Hole DD-01 Hydrothermal Breccia Photos Note: Hydrothermal Breccia: dacite porphyry fragments in dark-gray hydrothermal matrix. 9.2-meter depth block at photo top. Note: Hydrothermal breccia with strong sulfide mineralization. Left image is cut NQ core, right image is enlarged (note the yellow mineral (orpiment) for scale and position).Table 2 MV25-DD02Hole MV25-DD02 was completed to a length of 239 meters (Figure 2). The hole dominantly intersected the Vizcacha Hydrothermal Breccia from collar to 145 meters depth. Brecciated dacite-andesite porphyry (DAP) dominated the deeper portion of the hole, with abundant sulfide mineralization.The two DD02 mineral intercepts correlate well with the logged interval of the hydrothermal breccia (Table 3). The primary intercept average gold grades are also higher than the in-situ pit sulfide indicated resource gold grade of 0.70 g/t.Of additional note is the 42 - 71 meters interval, which has an average silver grade of 28.8 g/t, as compared to the in-situ sulfide indicated resource average grade of 12.2 g/t.Additionally, copper, lead, and zinc values are elevated (> 1000 ppm) for the interval 11 - 27 meters, down-hole. Several over-limit samples are being re-assayed. Lead and zinc values are also elevated for the down-hole interval of 41 - 68 meters, with most individual sample values being over-limit. The intercept values for this interval will be re-reported once the atomic absorption re-assay values have been received.Table 3 MV25-DD03Hole MV25-DD03 has been drilled (depth of 275 meters) to explore the Choque Zone (Figure 1 & Table 1) at depth, below the area where higher gold grades have been calculated within the 2025 resource model (Wilson, 2025), (Figure 4). The hole intersected argillically-altered DAP.Intervals of hydrothermal breccia, overprinting the DAP, were also intersected in the upper half of the hole (see the lower tray in Figure 5). The porphyry is oxidized to a down-hole length of 12.5 meters.A zone of elevated copper is present in the upper portion of the hole, with many individual interval grades reported at over-limit values. The copper values will be reported once the atomic absorption re-assay values have been received.Table 4 Figure 4: DD03 Cross Section Notes: 1) The line of section is displayed in Figure 1; 2) North-south section, looking east; 3) Block model grades in grams/tonne Au & 4) Block model display filtered to > 0.20 grams/tonne Au.Figure 5: DD-03 Core The Phase 3 exploration program was supervised by Roman Flores, a Persona Calificada (Q.P.) with the Commission Minera Chile.References:Wilson, S. E., 2025, NI 43-101 Technical Report for the Choquelimpie Au-Ag Project Region 1 Chile, 115p.Qualified PersonDavid Flint, MSc, AIPG-CPG, and Chief Geologist of Norsemont Mining Inc.; a qualified person as defined in NI 43-101, has reviewed and approved the technical information in this press release.On Behalf of the Board,
NORSEMONT MINING INC.Marc Levy
CEO & ChairmanAbout Norsemont Mining Inc.The Norsemont team comprises experienced natural resource professionals focused on growing shareholder value and developing its flagship project through to bankable feasibility, with an indicated mineral resource estimate of 1,731,000 gold ounces, and 33,233,000 silver ounces and an inferred mineral resource of 446,000 gold ounces and 7,219,000 silver ounces for its Choquelimpie Gold-Silver-Copper project. Norsemont Mining owns a 100% interest in the Choquelimpie gold-silver-copper project in northern Chile, a past producing gold and silver mine with significant exploration upside. Choquelimpie has over 1,710 drill holes, with significant existing infrastructure, including roads, power, water, camp and a 3,000-tonne-per-day mill. Norsemont is committed to responsible and sustainable resource development, leveraging modern exploration techniques to unlock further value for all stakeholders.For more information, please contact the Company at: psearle @themanflFollow Norsemont Mining:
Twitter: @norsemont
LinkedIn: @norsemontmining
Facebook: @norsemontmining
YouTube: @norsemontminingNeither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.Forward-Looking StatementsCautionary Note Regarding Forward-Looking Statements: This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management's expectations and intentions with respect to, among other things, the Offering and entry into the marketing agreements.These forward-looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things, the Company not receiving the necessary regulatory approvals in respect of the Offering and marketing agreements contemplated herein and, with respect to the Offering, risks adverse to the capital markets, the mining industry, and investor support. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that the Company will receive the necessary regulatory approvals and receive market interest to close the Offering on the terms herein.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, except as required by applicable securities laws.SOURCE: Norsemont Mining, Inc.View the original press release on ACCESS NewswireOriginal: Norsemont Drills 94 meters at 1.26 g/t Au and 109 meters at 1.09 g/t Au Both Holes Starting at Surface

Bought 20k shares here today. I think we might see the 43-101 here soon.

We are due for it.

not other Norsemont Investors here??!
lot of new posts on ceo.ca and new company youtube channel seemshave have soon the 43-101 Resource estimation and new drills...surprised that we dont see more interest here!!

New Norsemont Mining/ Marc Levy & Choquelimpie Chile

STRONG BUY!!!

what did you find out?

i'm starting to buy@$1.60s

well looks like i'm gonna load

Maybe interested. Will do some reserch and let you know. At first glance i like them as a buyout target

Who wants to jump in and make some $$ with me?

nice turn around story here. $1.50 to $4.00?

Unlike certain pinkie south american plays, these guys have the goods:)