Business
Norsemont Mining Inc. - Phase II Drilling Currently Underway at Constancia
Norsemont Mining Inc. - Phase II Drilling Currently Underway at Constancia.
About this update from Norsemont Mining Inc.
[{"type":"text","content":"\n\n\n\n\nVANCOUVER, May 24 /CNW/ - Norsemont Mining Inc. (\"Norsemont\" or \"the\nCompany\") (TSX-V: NOM; Frankfurt: N8S; WKN: A0DQKK; OTC-BB: NOMFF; ISIN:\nCA6565291045) is pleased to announce that the first two diamond drill holes,\nholes CO-06-42 and CO-06-43, of the 2006 Phase II drilling campaign at\nNorsemont's Constancia Cu-Au-Mo project, in Peru have been completed. Holes\nCO-06-44 and CO-06-45 are in progress. The drilling program is being conducted\nby Geotec S.A. of Lima, Peru.\nThis Phase II diamond drilling program will consist of approximately 70\nholes totaling 20,000 metres. At present, Norsemont's Constancia crew has\nupgraded existing drill roads and continues to build new drill pads.\n\"Drilling in 2006 will be building upon the successful drill results of\n2005, which included significant copper mineralization in 38 of the 41 holes\ndrilled by Norsemont. The majority of the Phase II drilling is designed as\nboth infill and expansion of known mineralization. Forty drill holes are\nplanned to infill and expand the Constancia Zone with thirty drill holes\nanticipated to infill and expand the San Jose Zone,\" stated Marc E. Levy,\nPresident & CEO of Norsemont Mining Inc. Refer to 2005 news releases for\nprevious drill results.\nDr. Tom Henricksen, Norsemont's Chief Geologist and Qualified Person as\ndefined by NI 43-101 has reviewed and approved information contained in this\nnews release.\n\nNorsemont Mining is a well-structured and financed exploration company\nworking in the America's, with a focus on Peru. The Company is currently\ndrilling the Constancia Cu-Au-Mo project, and exploration is underway at the\nAmata Ag-Au property acquired from Rio Tinto. Norsemont recently completed\nfinancings totaling $14 million.\n\nThe TSX Venture Exchange has not reviewed and does not accept\nresponsibility for the adequacy or the accuracy of this release. We seek\nSafe Harbor.\n\n\n\n","length":1961,"tagName":"div"}]