Norsemont Mining Reports Promising Drill Results in Chile

Norsemont Mining Inc. has released assay results from its Phase 3 drilling at the Choquelimpie project in northern Chile. Three holes reported significant gold intercepts, enhancing the potential resource value. Hole MV25-DD01 showcased 109 meters at 1.09 g/t Au, while MV25-DD02 recorded 94 meters at 1.26 g/t Au. These results exceed the current sulfide resource grade, suggesting resource upgrading potential.

The findings contribute vital data for the possible extension of higher-grade mineralization zones. Assays for additional holes are pending, with results expected this quarter. Norsemont plans to resume drilling in April 2026 to further explore these promising zones.

CEO Marc Levy noted these results confirm the possibility of significant high-grade zones at depth and underline the team's improving understanding of geological controls.