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Norsemont Mining Delivers Second Tranche of Encouraging Drill Results and Intercepts Porphyry at Choquelimpie
VANCOUVER, British Columbia, March 02, 2022 (GLOBE NEWSWIRE) -- Norsemont Mining Inc. (CSE: NOM, OTCQB: NRRSF, FWB: LXZ1) (“Norsemont” or the “Company”) is plea
About this update from Norsemont Mining Inc.
[{"type":"text","content":" VANCOUVER, British Columbia, March 02, 2022 (GLOBE NEWSWIRE) -- Norsemont Mining Inc. (CSE: NOM, OTCQB: NRRSF, FWB: LXZ1) (“Norsemont” or the “Company”) is pleased to announce the second tranche of results from its 2021 maiden diamond drilling program at the company’s Choquelimpie high sulphidation epithermal gold-silver project in northern Chile. Highlights: 1.43 grams per tonne (“g/t”) gold (“Au”) over 63.0 metres (“m”), 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 (“Ag”) over 115 m, (0.84 g/t gold equivalent “AuEq”*) extending and opening up new zones of mineralisation north-east of the Choque Pit (MV21-006). Including 0.83 g/t Au, 39.6 g/t Ag, (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 (2) drill rigs completed ten (10) 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 (Figure 1). 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** is shown below in Figure 2. *Gold equivalent (AuEq) is used for illustrative purposes, to express the combined value of Au and Ag as a percentage of Au. AuEq is calculated using 80:1 silver to gold ratio where AuEq = Au + (Ag*0.012). No allowances have been made to accommodate potential recovery losses that would occur in a mining scenario.** Significant gold intercepts are those with >0.3 g/t Au, maximum 4m continuous internal dilution, AND >10 gram-metres; Grades are core-length weighted and rounded to two decimal places. True width is estimated at 75-95% of core length. Diamond drill hole MV21-003 tested the eastern strike and depth extent of high-grade breccias observed in the Vizcacha Pit. A high-grade zone coincides with hydrothermal matrix breccia (HBX) and comprises disseminated and infilling pyrite mineralisation with advanced argillic quartz-dickite-alunite (±pyrophyllite) alteration. This zone returned 63m (150-213m) grading 1.43 g/t Au, including 35m (155-190m) grading 2.01 g...