Source: Junior Mining Network
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  • Norsemont Mining (NOM) has announced the second tranche of results from its diamond drilling program at the Choquelimpie Project in northern Chile
  • Highlights include 1.43 grams per tonne gold over 63.0 metres, including 2.01 g/t Au over 35.0m deepening known high-grade gold mineralisation at Vizcacha
  • 0.71 g/t Au, 10.7 g/t silver over 115 m, extending and opening up new zones of mineralisation north-east of the Choque Pit
  • Norsemont Mining owns a 100-per-cent interest in the Choquelimpie gold-silver project in northern Chile
  • Norsemont Mining Inc. (NOM) opened trading at C$0.82 per share

Norsemont Mining (NOM) has announced the second tranche of results from its diamond drilling program at the Choquelimpie Project in northern Chile.

Highlights:

  • 1.43 grams per tonne gold over 63.0 metres, including 2.01 g/t Au over 35.0m deepening known high-grade gold mineralisation at Vizcacha (MV21-003)
  • 0.71 g/t Au, 10.7 g/t silver over 115 m, extending and opening up new zones of mineralisation north-east of the Choque Pit (MV21-006)
  • Including 0.83 g/t gold, 39.6 g/t silver, (1.32 g/t AuEq, oxide) over 19.0 m and 0.63 g/t Au, 31.8 g/t Ag, (1.02 g/t AuEq, oxide) over 14.0 m (MV21-006)

In Q4 2021 two drill rigs completed ten diamond drill holes for a total of 3,144.1 meters drilled, prior to the temporary suspension of the drilling operations due to the early onset of the Altiplano winter.

The second batch of analytical results for the program have been received from Andes Analytical Laboratories and correspond to diamond drill holes MV21-003, MV21-005 and MV21-006. A detailed plan map of holes MV21-003 and 005 and a table of significant gold intercepts.

Marc Levy, Norsemont’s CEO commented on the results.

“I am very pleased with the outcome of our first few drillholes and the additional oxide mineralisation. Finding a possible porphyry so early in our campaign is a testament to our technical team. We are now encountering mineralisation below 70 meters where the bulk of the previous drilling ended, and now have the prospect of a gold and copper porphyry at depth. The potential value this could bring to the Company in the coming months is exciting.”

John Currie, Norsemont’s VP of Exploration added,

“These new diamond drilling results continue to demonstrate the upside potential of the Choquelimpie epithermal deposit and provide evidence for the existence of related porphyry-style mineralisation. We are looking forward to the next tranche of assay results from the drilling, and the results of surface mapping and sampling of the Vizcacha Porphyry”.

Norsemont Mining owns a 100-per-cent interest in the Choquelimpie gold-silver project in northern Chile, a previously permitted gold and silver mine. Choquelimpie has over 1,700 drill holes, with significant existing infrastructure.

Norsemont Mining Inc. (NOM) opened trading at C$0.82 per share.

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