Norsemont Mining’s (NOM) maiden diamond drilling program at its Choquelimpie gold-silver project has surpassed the mid-way mark.
Two drill rigs are turning and have completed eight holes to date. This initial 4,000-metre drill campaign is anticipated to be completed before the end of December with the first set of analytical results expected within two weeks.
The 2021 drill program is targeting three areas – the Vizcacha Pit area, the Intermedio Pit area and the Choque Pit area, which returned high-grade gold-silver intercepts in historic drilling.
In addition, ongoing field mapping and 3D modelling suggest that mineralization may also be present between the historically mined pits. This program is designed to confirm historic drill results, and to test some of the areas with little or no drilling in search of additional mineralization.
Norsemont’s VP Exploration John Currie states,
“We are extremely encouraged by what we are seeing in both field mapping and in the drill core at Choquelimpie to date. All drill holes completed have intersected mineralized zones similar to those found in historic drilling and have confirmed our field mapping and project-scale model.”
Art Freeze, P.Geo, Director of Norsemont Mining as well as a qualified person as defined by National Instrument 43-101, has supervised the preparation of the technical information in this news release.
Norsemont comprises experienced natural resource professionals focused on growing shareholder value and developing its flagship project through to bankable feasibility. Norsemont Mining owns a 100-per-cent interest in the Choquelimpie gold-silver project in northern Chile, a previously permitted gold and silver mine.
Norsemont Mining Inc. (NOM) is trading at C$0.90 at 10:28 am EST.