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Norsemont Mining Inc. advances mineral exploration at the Choquelimpie project in Chile. Company news centers on gold, silver, copper, lead and zinc exploration, drilling programs, assay results, project geology, environmental permitting work and public-market trading updates.
Recent updates describe Phase 3 drilling at the company's wholly owned Choquelimpie project, including precious-metal and base-metal assay results, drill-program progress and conference participation. News also covers Norsemont's OTCQX trading status and investor outreach tied to its advanced-stage mineral exploration profile.
Norsemont Mining (NRRSF) reported new Phase 3 drill results from eight holes at its 100%-owned Choquelimpie gold-silver-copper project in northern Chile.
Standout hole DD13 in the Vizcacha Zone intersected 41 meters averaging 4.59 g/t gold, including 18 meters at 9.7 g/t gold, described as the highest-grade interval drilled so far in the Phase 3 program. DD11 cut 39 meters of gold-silver-base-metal mineralization, including 12 meters at 2.46 g/t AuEq, while DD07 and DD09 intersected multiple mineralized intervals within quartz-mica-sulfide altered dacite-andesite porphyry, extending mineralization into areas of the 2025 resource model where no block grades were previously calculated. Overall, 16 core holes totaling 4,100 meters have been completed in 2026, with additional assays and over-limit re-assays for silver and base metals pending.
Norsemont Mining (NRRSF) will participate in the 2026 Precious Metals Summit Beaver Creek from September 22‑25, 2026, where its executive team plans 1‑on‑1 meetings with institutional investors, strategic partners, and sector specialists.
Discussions are expected to cover recent exploration results, development plans, capital strategy, and potential strategic partnerships for the Choquelimpie gold‑silver‑copper project. Norsemont also entered a marketing consulting agreement with Spark Newswire, under which it will fund an initial one‑month promotional campaign with an active monthly budget of US$150,000, with the option to continue at that level or move to a US$75,000 maintenance budget.
Norsemont Mining (OTCQX:NRRSF) reported progress on its 2026 Phase 3 drill program at the Choquelimpie gold-silver-copper project in Chile. Sixteen drill holes totaling 4,100 meters have been completed across five key zones, focusing on step-outs and offsets from known mineralization.
The company highlighted confirmation of multiple gold-bearing styles and associated base-metal mineralization in quartz-mica-sulfide zones. Hole MV26-DD24 is in progress between the Choque and Vizcacha zones. According to Norsemont, a recent accounting restatement reclassified its December 2025 convertible debentures as short-term liabilities, without changing its $13,677,089 cash position as of June 30, 2026. Assay results from the 16 holes are pending and will be released once available.
Norsemont Mining (OTCQX:NRRSF) plans to restate its consolidated financial statements for the year ended December 31, 2025 and the quarter ended March 31, 2026. The restatement will reclassify certain 2025 convertible debentures and related derivative financial liabilities from non-current to current liabilities, and add note disclosures about royalties payable to Minera Altiplano and Minera Choquelimpine for the Choquelimpie Project.
According to the company, current liabilities at December 31, 2025 will rise by $15,168,374, and at March 31, 2026 by $22,899,176, with equal reductions in non-current liabilities. Norsemont does not expect changes to total liabilities, shareholders' equity, losses, loss per share or cash flows. Investors are advised not to rely on the previously released financial statements for these periods. The restated documents are expected to be filed by August 31, 2026.
Norsemont Mining (OTCQX:NRRSF, CSE:NOM, FWB:LXZ1) will present at the online Emerging Growth Conference on August 20, 2026, from 11:25 a.m. to 11:55 a.m. ET. CEO and Chairman Marc Levy will outline the company and its flagship Choquelimpie Gold‑Silver‑Copper project in northern Chile and discuss recent corporate and project advances.
Attendees can submit questions in advance or during the live session; an archived webcast will later be available on EmergingGrowth.com and the Emerging Growth Conference YouTube channel. The release also reiterates NI 43‑101 compliant indicated and inferred mineral resources for Choquelimpie and notes its existing infrastructure as a past‑producing mine.
Norsemont Mining (OTCQX:NRRSF) has appointed UK-based corporate finance professional Ariel Tepperman to its Board of Directors, effective immediately. Tepperman brings over 20 years of international experience in M&A advisory, capital raising and strategic advice across metals, critical minerals and bulk commodities.
He is currently Head of Advisory at Lionhead Capital and previously held senior roles at Gneiss Energy, NRG Capital Partners, Macquarie Capital and RBC Capital Markets. Norsemont highlights his capital markets and European network as supportive to advancing its flagship Choquelimpie Gold‑Silver‑Copper project in Chile.
The company reiterates Choquelimpie’s NI 43‑101 resources: Indicated 81.9 Mt @ 0.66 g/t Au (1,731,000 oz) and 12.6 g/t Ag (33,233,000 oz), and Inferred 25.3 Mt @ 0.55 g/t Au (446,000 oz) and 8.9 g/t Ag (7,219,000 oz). Qualified Person David Flint has reviewed and approved the technical information.
Norsemont Mining (OTCQX:NRRSF) has expanded its land position at the Choquelimpie gold-silver-copper project by 3,291 hectares, increasing the total project area to 9,048 hectares. The newly staked claims target extensions of known mineralized geological trends along existing access corridors to support efficient future exploration.
According to Norsemont Mining, drilling at Choquelimpie is ongoing. The project is supported by a May 16, 2025 NI 43‑101 Technical Report outlining indicated resources of 81.9 Mt @ 0.66 g/t Au and 12.6 g/t Ag and inferred resources of 25.3 Mt @ 0.55 g/t Au and 8.9 g/t Ag, and benefits from substantial existing infrastructure.
Norsemont Mining (OTCQX:NRRSF) reported progress on its 2026 Phase III drill program at the Choquelimpie gold‑silver project. Nine holes totaling 2,187 m have been completed across the Choque, Suri, Vizcacha, Hundimiento and Espanola zones, with two additional holes in progress and assays pending.
Drilling has outlined limits of several hydrothermal breccia bodies and confirmed three gold mineralization styles, with associated base‑metal zones. Metallurgical and 3D geological studies planned for later in 2026 aim to refine metal relationships and support future resource work.
Norsemont Mining (OTCQX:NRRSF) reported new Phase 3 drill results from its 100%-owned Choquelimpie gold-silver-copper project in northern Chile.
DD04 cut 28 m averaging 0.97 g/t AuEq, while DD05 returned intervals including 58 m at 0.92 g/t AuEq and 20 m at 1.20 g/t AuEq at hole bottom.
Seven core holes totaling about 1,650 m have been completed, defining three gold mineralization styles and guiding deeper targeting and planned metallurgical work in 2026.
Norsemont Mining (OTCQX:NRRSF) reported over-limit base-metal assay results from three Phase 3 drill holes at Choquelimpie on April 24, 2026. Key intercepts include DD01: 4m @ AuEq 2.85 g/t with 3.23% Pb and 11.90% Zn; DD02: 29m @ AuEq 1.89 g/t; DD03: 24m @ AuEq 0.95 g/t plus 0.29% Cu.
Re-assays by atomic absorption were used for over-limit samples; metallurgical testing and further assays are planned for later in 2026.