Norsemont Mining Inc. · CSE:NOM
Norsemont Mining — Investor Presentation (January 2025)
32 slides from Norsemont Mining's investor presentation, January 2025
Slide 1: Choquelimpie Gold-Silver-Copper Project
Targeting a world-class deposit Choquelimpie Gold-Silver-Copper Project Norsemont Mining Inc. January 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
Value Proposition Stable Jurisdiction, Regional Tax Benefits Quality Project. Past Producer. Significant infrastructure. NI 43-101 resource estimate in Q1 2025 Maiden diamond drill program completed, drill permits in hand Near-term oxide leach opportunity, significant oxide upside Potential Cu porph
Slide 4: The Mine
The Mine CSE:NOM CSE:NOM| OTCQB:NRRSF | OTCQB:NRRSF | FRA:LXZ1 | FRA:LXZ1 4
Slide 5: Team Members
Team Members MARC LEVY ART FREEZE DR. SERGEI DIAKOV CHARLES ROSS Chairman & CEO Geological Consultant Director Lead Director Founder and former CEO & Chairman of Art Freeze has an impressive 48 years of Dr. Diakov, has over 30+ years of Norsemont Mining (TSX: NOM), which he experience in Mineral Exp
Slide 6: Team Members
Team Members NIKOLAS KULWANT MIJAEL THIELE DAVID LAING PERRAULT SANDHER Director CFO Director Advisory Chairman Mr. Perrault is a Corporate Finance Has 25+ years of experience in operational, Mijael is a mining engineer with 30 years David Laing is a mining engineer with 40 executive who, over the l
Slide 7: 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 Choquelimpie • Past Producing Gold-Silver Mine • Located in Northern Chile • Arica – Par
Slide 8: Existing Global Historic Resource
Existing Global Historic Resource Cut-off Tonnes Au Ag Cu Au Ag AuEq (Au g/t) (mm) (g/t) (g/t) (%) (mm Oz) (mm Oz) (mm Oz) 0.2 284.3 0.50 8.08 0.039 4.6 73.8 0.3 216.7 0.58 8.86 0.041 4.1 61.7 5.5 0.4 159.5 0.67 9.53 0.044 3.4 48.9 0.5 114.1 0.75 10.21 0.048 2.8 37.4 0.6 65.8 0.91 11.54 0.055 1.9 24
Slide 9: Geophysics
Geophysics N Location of Pole-Dipole IP / Resistivity and MT lines on Digital Terrain Model • 13.7 line kms IP / Res, providing information from surface to ~400m (100m dipoles, 500m spaced lines, modelled with 2D, 3D inversions) • 11.8 line kms MT, providing information from surface to ~1km (250m sp
Slide 10: 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 A-342 IP Chargeability (msecs) 70m @ 3.6 g/t Au _ms ecs Drill Hole Trace INTERMEDIO Au g/t PIT A CSE: NOM | OTCQB: NRRSF | FRA: LXZ1 10
Slide 11: Poorly Tested
Poorly Tested 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 visualization based on historic drillh
Slide 12: Choque pit mineralisation extends to depth
NNE CHOQUE PIT SSW Extends To Depth Drill Hole A-342 ~ Choque Pit Area 70m @ 3.6 g/t Au N SECTION LOOKING ESE • Choque pit showing extent of IP Chargeability (msecs) _ms ecs previous drilling • Significant mineralisation OPEN OPEN Drill Hole Trace identified in previous drilling Au g/t beneath pit •
Slide 13: Historic Drilling
Historic Drilling • +1,700 holes; 135,900m • Shell drilled 900 holes, 103,400m • Can Can drilled 828 holes, N 32,500m • In 2007, Can Can drilled 3 deep 0 m 500 diamond drill holes, testing for Datum: WGS 84 ZONE 19S porphyry Cu-Au system • All core on-site Shell drill holes Can Can drill holes Can C
Slide 14: Sonic Drilling
Sonic Drilling Total of 69 holes Dumps: • 66 Holes, 1,268m Leach Pad: N • 3 holes drilled into leach pads to SW of area (106m) 0 m 500 Objective: Datum: WGS 84 ZONE 19S Establish mineral type, tonnes 2021 Sonic drill hole and grade of dumps and leach 2021 Sonic drill hole pads. Generate fresh materi
Slide 15: High-Grade Zones
High-Grade Zones 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 • 1
Slide 16: Maiden Drill Program
Maiden Drill Program Enhancing value, reducing risk • 10 holes completed • 3,147m drilled • First drill results expected Q1 N 2022 • Suspended due to Altiplano 0 m 500 winter. Plan to return with expanded program in April 2022 Datum: WGS 84 ZONE 19S Objective: Shell drill holes To confirm historic d
Slide 17: New Data, New Targets
New Data, New Targets View looking to southwest MV21-001 MV21-002 MV21-004 MV21-005 MV21-006 MV21-003 MV21-008 N 0 m 500 MV21-007 MV21-010 Datum: WGS 84 ZONE 19S MV21-009 Flanking Vizcacha pit, historic intercept of DDH completed 35m @ 32.2 g/t Au. Confirmed by re-assay Historic holes 250m Historic
Slide 18: Vizcacha Pit 2021 Drill Results
A VIZCACHA PIT Vizcacha Pit 2021 MV21-001 Drill Results MV21-002 Drill Results* From To Interval Au N (m) (m) (m) g/t 0 93.0 93.0 1.38 MV21-002 Including 0 6.0 6.0 10.22 MV21-004 0 m 50 Including 0 12.0 12.0 6.29 A-327 Including 0 50.0 50.0 2.01 35m @ 30.5 g/t Au Datum: WGS 84 ZONE 19S 136.0 189.0 5
Slide 19: Drill Results A-A'
A VIZCACHA PIT 2021 MV21-001 Drill Results MV21-002 MV21-003 MV21-003 Drill Results** 93m @ 63m @ N From To Interval Au 1.38 g/t Au 1.43 g/t Au, (m) (m) (m) g/t 150.0 213.0 63.0 1.43 incl. 35m @ 0 m 50 including 153.0 164.0 11.0 3.08 MV21-004 2.01 g/t Au Datum: WGS 84 ZONE 19S including 155.0 190.0
Slide 20: 2021 Drill Results - Choque Pit Area
2021 Drill Results - Choque Pit Area Cross Section B-B’ MV21-006 Drill Results** 14m @ 0.83 g/t Au, B From To Interval Au Ag MV21-006 (m) (m) (m) g/t g/t 39.6 g/t Ag 68.0 87.0 19.0 0.63 31.8 1.32 g/t AuEq oxide, MV21-008 and 109.0 224.0 115.0 0.71 10.7 Within 115m @ 0.71 g/t Au, including 109.0 123.
Slide 21: Cross Section A-A'
Cross Section A-A’ 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. 12m @ 6.29 g/t Au Drill
Slide 22: Cross Section B-B'
Cross Section B-B’ B B’ Units NW SE MV21-006 HBX Hydrothermal breccia DAP HBX BCC Breccia, chaotic, crystalline tuff matrix DQP Dacite quartz porphyritic dome HBX _4700m DAP Daci-andesite porphyritic dome DAP Inferred boundary DPV Dacite porphyry Vizcacha Drill Holes _4600m 2021 Norsemont DDH signif
Slide 23: CSE: NOM | OTCQB: NRRSF | FRA: LXZ1
CSE: NOM | OTCQB: NRRSF | FRA: LXZ1
Slide 24: CSE:NOM | OTCQB:NRRSF | FRA:LXZ1
CSE:NOM | OTCQB:NRRSF | FRA:LXZ1 24
Slide 25: Hole MV21-005 Vizcacha Porphyry
Hole MV21-005 Vizcacha Porphyry 322.6m A 322.6m B 347.2m C 350.8m D CSE: NOM | OTCQB: NRRSF | FRA: LXZ1
Slide 26: 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 27: 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 28: Excellent Existing Infrastructure
Excellent Existing Infrastructure Added value • 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 logg
Slide 29: 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 30: Hidden Treasure
Hidden Treasure Quality Project, Past Producer, 100% Ownership • Substantial investment by past operators • Significant infrastructure (plant, power, roads) Stable Jurisdiction, Regional Tax Benefits • Large non-compliant Au-Ag resource • Re-assaying, geophysical surveys, sonic drill Technical Exper
Slide 31: Share Structure
Share Structure Issued and Outstanding Shares 69.8 Million as of September 30, 2021 Warrants 18.7 Million Options 5.1 Million Convertible Debenture 27.2 Million Fully Diluted 120.8 Million Working Capital $1 Million Ownership Institutions & Family Offices 25.1% CEO & Family Trust 28.0% Insiders 5.6%
Slide 32: Contact Details
Contact Details Norsemont Mining 1120 - 789 West Pender Street Vancouver BC, V6C 1H2 Tel: 778-240-7724 info@norsemont.com Marc Levy, CEO: 604-506-6280 MLevy@Norsemont.com facebook/norsemont twitter/norsemont instagram/norsemontmining CSE: NOM | OTCQB: NRRSF | FRA: LXZ1 32
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