Norsemont Mining Inc. · CSE:NOM
Norsemont Mining — Investor Presentation (November 2025)
26 slides from Norsemont Mining's investor presentation, November 2025
Slide 1: Choquelimpie Gold-Silver-Copper Project
Targeting a world-class deposit while moving towards production Choquelimpie Gold-Silver-Copper Project Norsemont Mining Inc. November 2025 CSE: NOM CSE:NOM I OTC:| FRA:LXZ1 | OTC:NRRSF NRRSF I FRA: LXZ1 1
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation includes certain forward-looking statements and forward-looking information (together, “forward-looking statements”). All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the
Slide 3: Value Proposition
Brownfields Project – 143,000 Meters drilled (1710 holes) Value Proposition Indefinite Presidential Decrees – Exploration & Mining Fast track oxide leach opportunity, significant oxide upside Stable Jurisdiction, Regional Tax Benefits Quality Project. Past Producer. Significant infrastructure. NI 43
Slide 4: The Project
The Project CSE:NOM CSE:NOM| OTC:NRRSF | OTC:NRRSF | FRA:LXZ1 | FRA:LXZ1 4
Slide 5: Chile Choquelimpie
Chile • Stable mining jurisdiction • Most multinationals operating in Chile • Mining industry accounts for 12% of GDP • No. 1 Global Copper Producer • Top 10 on Fraser Institutes’ Investment Attractiveness Index • Chile Speeds Up Permitting for Mining Projects by up to 70% Choquelimpie • Past Produc
Slide 6: Existing 43-101 Resource
Existing 43-101 Resource Oxide Mineralization Classificati on K tonnes Au g/t K Oz Au Ag g/t K Oz Ag Cu % K Cu Lbs. Au Eq Au Eq Oz Indicated 23,772 0.54 415 13.33 10,186 0 0 0.69 529,000 Inferred 1,190 0.31 12 4.91 188 0 0 0.37 14,000 Sulfide Mineralization Indicated 57,748 0.70 1,291 12.34 22,903 0
Slide 7: Corporate Strategy
Corporate Strategy Oxide Resources Path to Production Resource Expansion • 2025 • 2025 • Leachability Studies • 20 x 300m diamond holes • Cyanide Solubility analyses – samples identified • Drill platforms approved • Column tests on Stockpile materials • Priority holes designed - directed towards hig
Slide 8: Oxide Stockpiles
Oxide Stockpiles Total of 66 Sonic drill holes in Stockpiles (210k AuEq oz): • 66 Holes, 1,268m Objective: Established mineral type, N tonnes and grade of stockpiles. Drill materials to 0 m 500 be tested in 4Q for Datum: WGS 84 ZONE 19S metallurgy 2021 Sonic drill hole 2021 Sonic drill hole Historic
Slide 9: Phase 3 Expansion Drill Program
Phase 3 Expansion Drill Program - Enhancing value Objective: Resource Expansion 2025 - 20 x 300m diamond holes (blue dots and labels) Drill platforms approved Priority holes designed - directed towards high grade targets Commence November 2025 CSE: NOM | OTC: NRRSF | FRA:LXZ1 9
Slide 10: SW-NE Long Section: Choque to Left, Vizcacha to Right
SW-NE Long Section: Choque to Left, Vizcacha to Right CSE: NOM | OTC: NRRSF | FRA: LXZ1 10
Slide 11: Hydrothermal Breccias Host Higher Grades
Hydrothermal Breccias Host Higher Grades A A’ NNW SSE MV21-002 MV21-004: MV21-003 Assays pending 31m @ 3.63 g/t Au _4700m incl. 9m @ 6.07 g/t Au Units HBX Hydrothermal breccia BCC Breccia, chaotic, crystalline tuff matrix MV21-002: 139.0m 93m @ 1.38 g/t Au DQP Dacite quartz porphyritic dome incl. 12
Slide 12: High-Grade Drilling
High-Grade Drilling Demonstrating Upside Vizcacha • 19 gold intercepts >100 gram x meters • Best intercept A-327: 35m @ 32.23 g/t Au, 8 g/t Ag N Choque • 27 gold intercepts >100 gram x meters 0 m 500 • Best intercept R-002: 158m @ 3.9 g/t Au, 200 g/t Ag Datum: WGS 84 ZONE 19S Suri Shell drill holes
Slide 13: Mapping the System
Mapping the System Laterally extensive Plan Map – 4600m asl depth slice IP Chargeability VIZCACHA PIT Drill Hole A-327 35m @ 32.2 g/t Au A’ CHOQUE PIT N Drill Hole R-066 IP Chargeability (msecs) 120m @ 4.1 g/t Au _ms ecs Drill Hole Trace INTERMEDIO Au g/t PIT A CSE: NOM | OTC: NRRSF | FRA: LXZ1 13
Slide 14: Vizcacha Zone: Gold Porphyry-Style Alteration
Vizcacha Zone: Gold Porphyry-Style Alteration A B C D CSE: NOM | OTC: NRRSF | FRA: LXZ1 14
Slide 15: Copper Intersected at Depth
Copper Intersected at Depth CSE: NOM | OTC: NRRSF | FRA: LXZ1 15
Slide 16: Presidential Decrees & Mining Concessions
Presidential Decrees & Mining Concessions CSE: NOM | OTC: NRRSF | FRA: LXZ1 16
Slide 17: Exploration Upside – Property Wide Targets Over 8km
Exploration Upside – Property Wide Targets Over 8km PAGENRRSF CSE: NOM | OTC: 20 — NORSEMONT MINING, CHOQUELIMPIE | FRA: LXZ1
Slide 18: Excellent Existing Infrastructure
Excellent Existing Infrastructure • Located in Arica & Parinacota Region • 5757 Hectares Property • Year-round road access • Power and water on-site • Water Permits • Fully equipped camp, offices, warehouse •3,000 tons/day mill on site • ADR effluent treatment plant • Warehouse and logging facility
Slide 19: Choquelimpie Metallurgy
Choquelimpie Metallurgy Knowing the Asset Successful historic oxide production Excellent historic heap leach gold recoveries (~90% Au) Initial focus on delineating near- surface oxide material, (in-situ, stockpiles) for leaching Establish both leach and flotation characteristics of mixed and sulphid
Slide 20: Public and Community Relations
Public and Community Relations Gaining Social License Stakeholders: • Local Aymara communities • Governors’ offices of Arica and Parinacota, Municipalities of Arica, Putre and Camarones; Government agencies - SEREMI (Reg. Mines Ministry), SEA (Environmental Assessment), SERNAGEOMIN (Geology & Mining
Slide 21: Tax Benefits - Operating in Arica
Tax Benefits - Operating in Arica Tax benefits to operating in Arica-Parinacota: • 30% credit on investments in physical assets (construction, machinery and equipment) • 40% credit on investments in construction or real estate • Arica Industrial Free Trade Zone located near Chile-Peru-Bolivia border
Slide 22: Hidden Treasure
Hidden Treasure • Substantial investment by past operators Brownfields Project – 143,000 Meters drilled (1710+ holes) • Significant infrastructure (plant, power, roads) Quality Project, Past Producer, 100% Ownership • Large initial 43-101 Au-Ag resource • Phase 3 drilling design and executing Q4 Sta
Slide 23: Share Structure
Share Structure Issued and Outstanding Shares 83.7 Million Warrants as of November 3, 2025 21.9 Million Options / RSU 7.7 Million Convertible Debenture 27.1 Million Fully Diluted 140.4 Million Working Capital $6 Million Ownership Institutions & Family Offices 25.1% CEO & Family Trust 24.5% Insiders
Slide 24: Team Members
Team Members MARC LEVY MIJAEL THIELE DR. SERGEI DIAKOV CHARLES ROSS Chairman & CEO Director Director Lead Director Mijael is a mining engineer with 30 years Mr. Ross has more than 30 years’ Founder and former CEO & Chair of Dr. Diakov brings over 30 years of mining of experience in all aspects of mi
Slide 25: Team Members
Team Members NIKOLAS DAVID FLINT ART FREEZE DAVID LAING PERRAULT Director Chief Geologist Geological Advisor Advisory Chairman Mr. Perrault is a Corporate Finance Over 35 years of experience, including Art Freeze has an impressive 48 years of David Laing is a mining engineer with 40 executive who, o
Slide 26: Contact Details
Contact Details Norsemont Mining 1120 - 789 West Pender Street Vancouver BC, V6C 1H2 Tel: 778-240-7724 Paul Searle info@norsemont.com facebook/norsemont twitter/norsemont instagram/norsemontmining CSE: NOM | OTC: NRRSF | FRA: LXZ1 26
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