Business
Norsemont Mining Drills 242.5 gpt Gold at Constancia
Norsemont Mining Drills 242.5 gpt Gold at Constancia
About this update from Norsemont Mining Inc.
[{"type":"text","content":"\n\n\n\n Oct. 12, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n\nHigh grade gold intercepts including 3 metres @ 242.5 gpt Au\n\n\nAdditional High Grade Cu-Au-Mo at Pampacancha: 75.25 m @ 1.84% Cu Eq\n\n\nFirst Mine Permitting and Optimisation Studies on track\n\n\n\nShare Issued and Outstanding: 82,243,000                \nTSX: NOM\nBVL: NOM\n\n\nTORONTO, Ontario and LIMA, Peru, Oct. 12 /CNW/ -Norsemont Mining Inc.\n ("the Company") (TSX: NOM, BVL: NOM) today announced the results of\n ongoing exploration drilling at the Company's Chilloroya South and the\n Pampacancha discoveries, located approx. 5 kilometres south and 2.5 k\nilometres south east, respectively, of the Constancia Project's planned\n first mine development ("Phase 1 Mine").\n\n\nCommenting, Norsemont President and COO Mr. Robert Baxter said: "Our\n exploration program, which is measured and methodical, is progressing\n well with the latest drill results indicating the potential for bonanza\n gold mineralisation at our Chilloroya South "Target 1" and high grade\n Cu-Au mineralisation in skarn at another Chilloroya South prospect,\n "Target 3". Drilling at Chilloroya South has confirmed a very large\n porphyry style copper-gold system, which requires further analysis.\n Included in our plans for further investigation is the commencement\n next month of a Titan 24 geophysical survey to be carried o...