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Norsemont Mining Inc C.NOM

Alternate Symbol(s):  NRRSF

Norsemont Mining Inc. is a Canada-based junior mining company with 100% ownership of the Choquelimpie Gold and Silver Project. The Company is engaged in the acquisition, exploration, and development of resource properties. The Choquelimpie Gold and Silver Project is located in the Arica and Parinacota Region of Chile, covering over 5757 hectares (ha) with year-round access. The Choquelimpie Gold and Silver Project has over 1,700 drill holes, with existing infrastructure, including roads, power, water, camp, and an approximately 3,000 tons per day (TPD) mill.


CSE:NOM - Post by User

Post by Goiddevilon Jul 06, 2023 1:30am
270 Views
Post# 35528548

Expect news to confirm economics of the mine

Expect news to confirm economics of the mineRemember it has a large tailings pile as well as mined gold that has not been processed. The new 43-101economic assessment is coming. It can then raise new funds without much dilution. Time to pick up shares.management has been buying up shares and keeping price low for that purpose. This was an operating mine at much lower gold prices and no leach field. Watch the price move
up   as not much stock left at this low price.
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