Welcome to our dedicated page for Norsemont Mining news (Ticker: NRRSF), a resource for investors and traders seeking the latest updates and insights on Norsemont Mining stock.
Norsemont Mining Inc. (NRRSF) generates news primarily through exploration and technical updates on its 100%-owned Choquelimpie gold-silver-copper project in northern Chile. The company’s releases focus on drill results, mineral resource estimates and project development activities at this high sulphidation epithermal system.
Readers following Norsemont news can expect detailed reports on diamond drilling campaigns at the Vizcacha, Intermedio and Choque pit areas, including significant gold and silver intercepts, interpretations of hydrothermal breccia bodies and indications of porphyry-style mineralisation at depth. The company also publishes updates when it announces an updated Mineral Resource Estimate for Choquelimpie, outlining indicated and inferred gold-equivalent ounces based on gold, silver and copper content.
In addition to technical results, Norsemont’s news flow includes information on project milestones such as the progress of maiden drilling programs, field mapping, geophysical surveys and plans for further drilling, metallurgical testing and economic studies. Corporate developments, including board appointments and participation in industry events and conferences, are also covered in its announcements.
This news page aggregates those releases so investors and observers can review Norsemont’s exploration progress, resource updates and corporate activities in one place. For anyone tracking the evolution of the Choquelimpie project and Norsemont’s work program, this feed offers a concise way to follow each new technical and corporate disclosure as it is published.
Norsemont Mining (NRRSF) has announced an updated Mineral Resource Estimate (MRE) for its 100%-owned Choquelimpie Gold-Silver-Copper Project in Northern Chile. The project now contains:
- Indicated Resources: 81,888,000 tonnes at 0.83 g/t gold equivalent, containing 1,731,000 oz gold, 33,233,000 oz silver, and 50,867,000 lbs copper
- Inferred Resources: 25,267,000 tonnes at 0.69 g/t gold equivalent, containing 446,000 oz gold, 7,219,000 oz silver, and 19,104,000 lbs copper
The updated MRE incorporates 3,144 meters of additional drilling completed in 2021 and includes updated geological modeling. The company plans to conduct additional drilling and metallurgical testing as it progresses toward a Preliminary Economic Assessment.
Norsemont Mining Inc. appoints Dr. Sergei Diakov, a seasoned geologist with over 30 years of experience in the mining industry, to its Board of Directors. Dr. Diakov's expertise includes discovering significant mineral deposits, economic evaluation, securing funding, and bringing exploration discoveries into production to enhance shareholder value. With a successful track record in diverse environments and leading discoveries of major copper-gold deposits, Dr. Diakov's appointment is expected to drive significant advancements at Choquelimpie, reflecting the company's commitment to building a world-class mining team.
Norsemont Mining has announced the results of its final two drill holes from the Maiden diamond drilling program at its Choquelimpie project in Chile. Highlights include Hole MV21-010, which showed a 61-meter intercept grading 0.47 g/t Au, and Hole MV21-008, featuring a 10-meter intercept grading 1.61 g/t Au and 2.8 g/t Ag. These findings expand the known mineralization footprint in the Choque Pit area, confirming the potential for further mineralized extensions both laterally and at depth. The company is optimistic about follow-up drilling to explore new targets and potential porphyry mineralization beneath the current finds.
Norsemont Mining announced its participation in the 2022 Prospectors & Development Association of Canada Convention from June 13-15, showcasing its Choquelimpie gold-silver project. The company also closed a first tranche of a non-brokered private placement, raising $100,000 through 6% unsecured convertible debentures, convertible into units at $1.00. Each unit comprises one common share and one-half warrant, exercisable at $1.25 for three years. The company aims to utilize the proceeds for general corporate purposes.
Norsemont Mining Inc. (OTCQB: NRRSF) announces significant results from its 2021 diamond drilling program at the Choquelimpie gold-silver project in Chile. Highlights include drill hole MV21-009, which revealed a notable interval of 170.0 meters grading 1.35 g/t gold and 18.3 g/t silver, with the potential for more mineralization. CEO Marc Levy highlighted the transformational potential of these results, indicating that they point to the presence of porphyry Au-Cu mineralization below the Choque Pit. The drill campaign aims to expand the known mineral footprint.
Norsemont Mining Inc. (OTCQB: NRRSF) has released results from its 2021 diamond drilling program at the Choquelimpie gold-silver project in Chile. Highlights include:
- 1.43 g/t gold over 63m, including 2.01 g/t over 35m at Vizcacha (MV21-003).
- 0.71 g/t gold and 10.7 g/t silver over 115m at the Choque Pit (MV21-006).
- Drilling explored significant mineralization and identified potential for a previously unknown porphyry system.
The company also announced a debt settlement via shares issuance, reinforcing its focus on enhancing shareholder value.
Norsemont Mining Inc. announced positive results from its first diamond drilling program at the Choquelimpie project in northern Chile. The assay results include significant gold grades: 1.38 g/t Au over 93.0m and 3.63 g/t Au over 31.0m. The drilling campaign achieved 3,144.1 meters out of a planned 4,000 meters before being paused due to winter conditions. CEO Marc Levy expressed optimism about the high-grade intercepts, indicating a potentially extensive mineralized system. The company continues to analyze samples to further evaluate gold mineralization.
Norsemont Mining Inc. (OTCQB: NRRSF) has appointed Mr. John Bean to its Board of Directors as an independent director. Bean, a seasoned CFO with extensive experience in the cannabis and real estate sectors, previously led Aurora Cannabis during its critical growth phase. Mr. Kant Trivedi has resigned from the board to accommodate this change. Norsemont also granted 100,000 stock options to a director at an exercise price of 74 cents per share. The company owns the Choquelimpie Gold-Silver Project in Chile, emphasizing its commitment to enhancing shareholder value.
Norsemont Mining's (NRRSF) diamond drilling program at the Choquelimpie project in Chile is surpassing expectations. The campaign, which began in December 2021, involves two drill rigs and has already completed eight holes. This 4,000-metre drill program focuses on high-grade gold-silver targets identified in historic drilling. Initial results are expected within two weeks. VP Exploration John Currie expressed optimism about the mineralized zones found, while CEO Marc Levy indicated the potential for new mineralization areas, with plans for further exploration in 2022.
Norsemont Mining Inc. (CSE: NOM, OTCQB: NRRSF) announced a webinar on December 7, 2021, at 3:00 PM EST to discuss updates regarding its Choquelimpie gold and silver project. CEO Marc Levy will provide insights into the company's plans for 2022 and engage in a Q&A session with shareholders. The Choquelimpie project is notable for its significant infrastructure and over 1,700 drill holes, highlighting its potential as a valuable investment opportunity. Interested participants can register for the free webinar through the provided link.
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