VANCOUVER, BC / ACCESS Newswire / July 2, 2026 / Norsemont Mining Inc. (CSE:NOM)(OTCQX:NRRSF)(FWB:LXZ1) ("Norsemont" or the "Company") is pleased to announce an update on our 2026 phase III drill program. Nine (9) holes, for a total of 2,187.15 meters (Figure 1 & Table 1), have been drilled year-to-date on the Choquelimpie project. These holes have been designed to both step-out and offset from identified mineralized intercepts.
Highlights
Norsemont has completed nine drill holes totaling 2,187 meters so far in 2026, expanding work across five key zones at Choquelimpie.
Early drilling has helped outline the edges of several hydrothermal breccia bodies, giving the team a clearer picture of where the strongest mineralization is likely to continue.
Multiple gold‑bearing styles have been confirmed, including Hydrothermal breccias, Porphyry‑related quartz ± magnetite veinlets and Quartz‑mica‑sulfide alteration zones
Base‑metal mineralization is present in the quartz‑mica‑sulfide zones, adding another potential value component to the system.
New holes now underway (DD‑15 and DD‑18) are offsetting from known mineralization, targeting extensions in the Choque and Suri Zones.
Assays are pending and expected to be meaningful catalysts once released.
Metallurgical and 3D geological studies planned for later in 2026 will help refine the precious‑ and base‑metal relationships across the system, supporting future resource growth.
Management Comments
Norsemont CEO, Marc Levy commented:
"Phase III drilling continues to advance our understanding of the multi‑zone gold‑silver system at Choquelimpie. The Phase III program has expanded mineralization across multiple zone areas, and early results are helping refine the geometry of key breccia bodies and associated porphyry‑style mineralization. As additional assays come in, we are steadily improving the 3D model of the system and identifying new offset opportunities for follow‑up drilling. With multiple mineralization styles confirmed and active work underway on geological, geophysical, and metallurgical studies, Choquelimpie continues to demonstrate strong resource expansion potential which will drive project growth."
Drill Program Update
Two (2) of the holes (DD-09 & 10) have further explored the Choque Zone, one (1) the Suri Zone (DD-08), three (3) the Vizcacha Zone (DD-11, 12 & 13), one (1) the Hundimiento Zone (DD14), and two (2) holes for the Espanola Zone. Holes MV26-DD-15 and DD-18 are currently in progress, further exploring the Choque and Suri Zones. Assays from the Phase 3 2026 drilling program will be reported once available.