Norsemont Mining Inc.CSE: NOM

Norsemont (TSX-V: NOM) graduates to Tier 1 status with the TSX Venture

· Issued by Norsemont Mining Inc. via CNW
VANCOUVER, Nov. 9 /CNW/ - Norsemont Mining Inc. ("Norsemont" or "the
Company") (TSX-V: NOM; Frankfurt: N8S; WKN: A0DQKK; OTC-BB: NOMFF) is pleased
to announce that the TSX Venture Exchange has approved its application for
graduation to Tier 1 status, effective today. With a market capitalization of
over $60,000,000, the Company has moved from "inactive" to Tier 1 status in
just over one year.
"We are pleased to join the ranks of the Exchange's premier tier." stated
Brian Kerzner, Director. "I have followed the growth of Norsemont over the
last year and am proud to be part of this dynamic company. The Exchange has
recognized the Company's performance in pursuing its corporate and financial
objectives, namely building a first class mining company."

Norsemont Mining is a well-structured and financed exploration company
working in the America's, with a focus on Peru. The Company is currently
drilling the Constancia Cu-Au-Mo project, and commencing exploration at the
Amata Ag-Au property acquired from Rio Tinto.

Brian Kerzner
Director

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.