VANCOUVER, Nov. 2 /CNW/ - Norsemont Mining Inc. ("Norsemont" or
"the Company") (TSX-V: NOM; Frankfurt: N8S; WKN: A0DQKK; OTC-BB: NOMFF) is
very pleased to announce that the Company has expanded the current drill
program at the Constancia project in Peru to 8,000 meters from the current
6,000 meter program. It is anticipated that the additional drilling will be
completed prior to the end of 2005.
As part of this expanded program Norsemont has also decided to complete
up to 5 holes in the San Jose Zone. The San Jose Zone, as defined by the
geological mapping, geochemical sampling and trenching carried out by
Norsemont, is approximately one kilometer long in a 350 degree orientation and
up to 400 meters in width. The target area is centered on the San Jose Pit,
partially mined in the 1990's by Mitsui. The San Jose Zone may be the offset
extension of the Constancia Zone to the east and south, as evidenced from
Norsemont geological mapping. Historical shallow drilling by Mitsui
intersected locally abundant 1% copper values as chalcocite and mixed
chalcocite/chalcopyrite, at less than 50 meters in depth, in the open pit
area.
In 2005, Norsemont trenched a copper indicative leached capped showing,
approximately 500 meters north of the San Jose Pit along the trend of the
San Jose Zone. This target will be one of the areas to be drill-tested.
Marc E. Levy, president and CEO, said: "We are well on our way to
establishing a NI 43-101 compliant resource based on the positive results of
our current drilling in the Constancia Zone. Our decision to expand the drill
program is due to the positive results which continue to exceed our
expectations and historical Rio Tinto drilling. We are excited about
establishing a drill program in the highly prospective San Jose Zone which has
the potential to add significant tonnage to the known copper mineralization at
Constancia."
To date, Norsemont has drilled 26 holes within the Constancia zone. Assay
results on the recently completed holes are expected shortly.
The drilling program and geological studies at the Constancia project are
being supervised by Dr. Thomas A. Henricksen, P.Geo., Norsemont's Qualified
Person as defined by NI 43-101. Dr. Henricksen has reviewed and approved
information contained in this news release.
Marc E. Levy
Director & President
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responsibility for the adequacy or the accuracy of this release.
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