- Norsemont Mining (CSE:NOM) expands gold mineralization at Choquelimpie project in northern Chile
- Results come from the final two drill holes of the project’s maiden diamond drilling program
- Drill hole MV21-010 yielded 61 metres grading 0.47 g/t gold between 239 and 300 metres depth
- Drill hole MV21-008 yielded 10 metres grading 1.61 g/t gold and 2.8 g/t gold from 122 – 132 metres depth
- The company said it also now has several targets for follow-up drilling programs
- Shares of Norsemont Mining (NOM) are unchanged at C$0.26
Norsemont Mining (NOM) expands gold mineralization at the Choquelimpie project in northern Chile.
Results come from the final two drill holes of the project’s maiden diamond drilling program.
In a press release, the company said results from the last holes further extend the mineralization within the hydrothermal alteration footprint that spans 27 square kilometres.
Highlights from the drill holes include:
- Hole MV21-010 yielded 61 metres grading 0.47 grams per ton (g/t) between 239 – 300 metres depth. This expands the known footprint of mineralization in the Choque Pit area
- Hole MV21-008 yielded 10 metres grading 1.61 g/t gold and 2.8 g/t gold from 122 – 132 metres depth
The company drilled 10 diamond drill holes for 3144.1 metres during the Q4 2021 drilling campaign.
“We now have a range of exciting targets for follow-up drilling programs. We look forward to the next phase of exploration, which will be focussed on extending mineralization outwards and to depth relative to these 2021 drill holes,” John Currie, VP of exploration at Norsemont, said in a statement.
The company said it is gearing up to resume work on the property during the 2023 exploration season.
Shares of Norsemont Mining (NOM) are unchanged at C$0.26.