VANCOUVER, Aug. 16 /CNW/ - Norsemont Mining Inc. ("Norsemont" or "the
Company") (TSX-V: NOM; Frankfurt: N8S; WKN: A0DQKK; OTC-BB: NOMFF; ISIN:
CA6565291045) is pleased to announce the arrival of a third diamond drill rig
at the company's flagship Constancia Project.
Recent drilling at the Constancia Project has shown that the
mineralization remains open on all sides of the deposit. Strongly enriched
chalcocite and high grade skarn copper mineralization are being encountered
over significant widths especially on the western and southern margins of the
deposit.
"We are particularly pleased with the success of the drilling program
this year and continue to see strong copper mineralization over significant,
generally greater than 100 metre, thicknesses in recent drilling, which has
encouraged us to bring on a third drill rig to the property" , said Chief
Geologist, Thomas Henricksen. "The Constancia Zone now has dimensions of
1,000 by 900 meters", he added.
The ongoing program will continue with step-out holes on 100 metre
centres on the San Jose and Constancia Zones, with Constancia being the
immediate priority. Some specific exploration targets beyond the 100 metre
stepouts are also being planned for immediate drilling. The company has
completed over 6,100 metres out of a planned, second phase 20,000 metre drill
program.
"We are now planning to report an interim resource estimate in September
this year. We are clearly pleased with the results so far. When we have
defined the limits to the mineralization we are planning to initiate a scoping
study on the Constancia deposit which will involve metallurgical testing,
preliminary engineering and process design," said President Bob Baxter.
The drilling program and geological studies at the Constancia project are
being supervised by Chief Geologist Dr. Thomas A. Henricksen, P. Geo.,
Norsemont's Qualified Person as defined by NI 43-101, who has reviewed and
approved the information contained in this news release. Core samples are cut
with a diamond saw, with one-half of the core placed in sealed bags, and
shipped to ALS Chemex Assay Labs in Lima, Peru. The program includes an
extensive quality control program for assaying which includes the systematic
use of standards, blanks, and field duplicate samples. Secondary laboratories
are also used for check assaying.
A plan map with drill hole locations is available on Norsemont's website
at www.norsemont.com.
About Norsemont Mining
Norsemont Mining is a well structured, well financed exploration company
working in the America's, with a focus on Peru. The Company is currently
drilling the Constancia Copper-Molybdenum-Silver-Gold project, and exploration
is underway at the Amata Silver-Gold property acquired from Rio Tinto.
ON BEHALF OF THE BOARD OF DIRECTORS,
Robert W. Baxter
President
Norsemont Mining Inc.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or the accuracy of this release. We seek
Safe Harbor.
