Norsemont Mining Inc. · CSE:NOM
Norsemont Mining — Investor Presentation (February 2026)
27 slides from Norsemont Mining's investor presentation, February 2026
Slide 1: Choquelimpie Gold-Silver-Copper Project
Targeting a world-class deposit while moving towards production Choquelimpie Gold-Silver-Copper Project Norsemont Mining Inc. February 2026 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 Core Shack & Mill 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 • 2026 • 2025 • Leachability Studies • 7 deeper sulfide exploration holes for • Cyanide Solubility samples submitted to the a total of 1,650 meters drilled laboratory • Column tests on Stockpile materials • 2026 • Processing pl
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 0 m 500 to be tested in H1 2026 for Datum: WGS 84 ZONE 19S metallurgical 2021 Sonic drill hole characteristics 2021
Slide 9: Phase 3 Expansion Drill Program - Enhancing value
Phase 3 Expansion Drill Program - Enhancing value Objective: Sulfide Resource Expansion 2025 – Drilled 7 holes for total of 1,650 Holes directed towards higher grade targets 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 • Best intercept A-327: 35m @ 32.23 g/t Au, 8 g/t Ag N Choque • Best intercept R-002: 0 m 500 158m @ 3.9 g/t Au, 200 g/t Ag Datum: WGS 84 ZONE 19S Suri Shell drill holes • Best intercept R-579: Can Can drill holes 24m @ 38.0 g/t Au, 148 g/t Ag Can Ca
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 _msecs 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 PAGE NRRSF 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; refurbished and in service 2025 • 3,000 tons/day mill on site • ADR effluent treatment plan
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
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) • Large initial 43-101 Au-Ag resource Quality Project, Past Producer, 100% Ownership • Phase 3 drilling resuming April-2026 Stable
Slide 23: Share Structure
Share Structure Issued and Outstanding Shares 87.9 Million as of February 1, 2026 Warrants 42.7 Million Options / RSU 7.2 Million Convertible Debentures 46.2 Million Fully Diluted 184 Million Working Capital $22 Million Ownership Institutions & Family Offices 25.1% CEO & Family Trust 20.5% Insiders
Slide 24: Latin American Peer Comparison
Latin American Peer Comparison Market Capitalization (in millions $USD) as of February 2nd, 2026 $1,600 $1,523.59 $1,400 $1,194.91 $1,200 $1,017.20 $1,000 $842.77 $800 $607.77 $600 $475.79 $400 $335.01 $240.90 $166.77 $146.15 $139.28 $138.28 $200 $133.64 $75.76 $46.12 $- Collective G2 Rio2 Omai Gold
Slide 25: Team Members
Team Members MARC LEVY MIJAEL THIELE DR. SERGEI DIAKOV CHARLES ROSS Chairman & CEO Director Director Lead Director, CFO Mijael is a mining engineer with 30 years Dr. Diakov brings over 30 years of mining Mr. Ross has more than 30 years’ Founder and former CEO & Chair of of experience in all aspects
Slide 26: 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 27: Contact Details
Contact Details Norsemont Mining 500 - 666 Burrard Street Vancouver BC, V6C 3P6 Tel: 778-240-7724 Paul Searle info@norsemont.com facebook/norsemont twitter/norsemont instagram/norsemontmining CSE: NOM | OTC: NRRSF | FRA: LXZ1 27
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