Norsemont Mining Inc. · CSE:NOM
Norsemont Mining — Investor Presentation (June 2025)
28 slides from Norsemont Mining's investor presentation, June 2025
Slide 1: Choquelimpie Gold-Silver-Copper Project
Targeting a world-class deposit Choquelimpie Gold-Silver-Copper Project Norsemont Mining Inc. June 2025 CSE: NOM CSE:NOM I OTCQB: | OTCQB:NRRSF NRRSF I FRA: LXZ1 | 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 – 140,000 Meters drilled (1700 holes) Value Proposition Indefinite Presidential Decrees – Exploration & Exploitation Fast track oxide leach opportunity, significant oxide upside Stable Jurisdiction, Regional Tax Benefits Quality Project. Past Producer. Significant infrastructure.
Slide 4: The Mine
The Mine CSE:NOM CSE:NOM| OTCQB:NRRSF | OTCQB:NRRSF | FRA:LXZ1 | FRA:LXZ1 4
Slide 5: Chile and 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 Classifica K tonnes Au g/t K Oz Au Ag g/t K Oz Ag Cu % K Cu Lbs. Au Eq Au Eq Oz tion 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: Oxide Stockpiles
Oxide Stockpiles Total of 69 Sonic drill holes Stockpiles (210k AuEq oz): • 66 Holes, 1,268m Leach Pad: • 3 holes drilled into leach pads to SW of area (106m) N Objective: 0 m 500 Establish mineral type, tonnes and grade of dumps Datum: WGS 84 ZONE 19S 2021 Sonic drill hole and leach pads. Generate
Slide 8: Opportunities to Increase the Oxide Resource
OPPORTUNITIES TO INCREASE THE OXIDE RESOURCE • 43-101 Resource Estimate of over 540,000 ounces of AuEq in oxides • Historical drill data indicates significant potential to delineate additional oxide gold resources adjacent to the known oxide mineralization as well as throughout the property • Minera
Slide 9: Maiden Drill Program
Maiden Drill Program Enhancing value, reducing risk • 10 holes completed • 3,147m drilled • Next drill program anticipated for Q3 2025 Objective: To confirm historic high grade drill results and start to test areas with little or no drilling for additional oxide mineralization and test deeper Cu-Au
Slide 10: Poorly Tested Area – Phase 3 Drill Target
Poorly Tested Area – Phase 3 Drill Target Long Section looking NW Drill Hole A-342 Drill Hole A-327 70m @ 3.6 g/t Au 35m @ 32.2 g/t Au Grade Shells / Drill Hole Trace GOLD g/t Au g/t 5 - 340 2.5 - 5 1 - 2.5 Cautionary notice: The Leapfrog interpretation is a preliminary computer-generated visualizat
Slide 11: Mapped Structural Features Host High-Grade Au Mineralization
Mapped Structural Features Host High-Grade Au Mineralization Below: the white lines show the trends of > 3 g/T Au block model grade shells (red bubbles). These trends correlate well with the mapped structures (blue lines) in the image to the Left. Likewise, the Viz red gradeshells (below) correlate
Slide 12: 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 13: 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 14: Majority of Historical Holes 70–80 Meters Depth
Majority of Historical Holes 70 – 80 meters depth Most bottomed in mineralization! Target Target CSE: NOM | OTCQB: NRRSF | FRA: LXZ1 14
Slide 15: 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 | OTCQB: NRRSF | FRA: LXZ1 15
Slide 16: Vizcacha Zone: Porphyry-Style Alteration - Au
Vizcacha Zone: Porphyry-Style Alteration - Au A B C D CSE: NOM | OTCQB: NRRSF | FRA: LXZ1 16
Slide 17: Copper Intersected at Depth
Copper Intersected at Depth CSE: NOM | OTCQB: NRRSF | FRA: LXZ1 17
Slide 18: Presidential Decrees & Mining Concessions
Presidential Decrees & Mining Concessions CSE: NOM | OTCQB: NRRSF | FRA: LXZ1 18
Slide 19: Exploration Upside – Property Wide Targets Over 8km
Exploration Upside – Property Wide Targets Over 8km PAGE 20NRRSF CSE: NOM | OTCQB: — NORSEMONT MINING, CHOQUELIMPIE | FRA: LXZ1
Slide 20: 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 21: 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, dumps and leach pads) for leaching Establish both leach and flotation characteristics of mixed a
Slide 22: 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 23: 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 24: Hidden Treasure
Hidden Treasure Brownfields Project – 140,000 Meters drilled (1700+ holes) Quality Project, Past Producer, 100% Ownership • Substantial investment by past operators • Significant infrastructure (plant, power, roads) Stable Jurisdiction, Regional Tax Benefits • Large initial 43-101 Au-Ag resource • D
Slide 25: Share Structure
Share Structure Issued and Outstanding Shares 69.8 Million as of September 30, 2021 Warrants 20.5 Million Options / RSU 4.2 Million Convertible Debenture 27.2 Million Fully Diluted 121.7 Million Working Capital $1 Million Ownership Institutions & Family Offices 25.1% CEO & Family Trust 28.0% Insider
Slide 26: Team Members
Team Members MARC LEVY MIJAEL THIELE DR. SERGEI DIAKOV CHARLES ROSS Chairman & CEO Director Director Lead Director Founder and former CEO & Chairman of Mijael is a mining engineer with 30 years Dr. Diakov, has over 30+ years of Norsemont Mining (TSX: NOM), which he of experience in all aspects of mi
Slide 27: Team Members
Team Members NIKOLAS KULWANT ART FREEZE DAVID LAING PERRAULT SANDHER Director CFO Geological Advisor Advisory Chairman Mr. Perrault is a Corporate Finance Has 25+ years of experience in operational, Art Freeze has an impressive 48 years of David Laing is a mining engineer with 40 executive who, over
Slide 28: 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 | OTCQB: NRRSF | FRA: LXZ1 28