Highlights
Hole MV21-009 returned notable intercepts that include long gold-silver intervals that remain open along strike and to depth, as well as near-surface oxide, that expand the known footprint of mineralisation in the
The hole intersected grey silica matrix hydrothermal breccias with pyrophyllite-dickite advanced argillic alteration and disseminated and crackle-hosted pyrite (+/-enargite-sphalerite) mineralisation. Notable mineralised intervals include 15.0 m of near surface oxide gold followed by 170.0 m of highly significant gold-silver mineralisation.
Drillhole MV21-001 was planned to test for extensions of the hydrothermal breccias seen in the Vizcachas pit to the north and to depth. The hole cut a multi-pulse breccia complex made up of chaotic matrix, tuffisite matrix and hydrothermal matrix breccias with advanced argillic alteration (dickite-pyrophyllite, illite-pyrophyllite) and silicification thought to represent the transition from the upper epithermal environment to the deeper porphyry environment. Mineralisation occurs as sulphides of pyrite (+/- enargite-galena-sphalerite) with gold grades open in all directions.
In the Q4 2021 drill campaign Norsemont completed ten diamond drill holes for a total of 3,144.1 m.
Drill core for the Choquelimpie 2021 drill program is collected directly from the drill site by company staff and taken to the core shack at the Choquelimpie camp. Drill core is logged, photographed, and sampled by staff who insert certified reference materials into the sampling sequence when/where appropriate. Sample lengths are marked at 1.0 metre intervals and the core is cut by a diamond blade rock saw, with half of the cut core placed in individual bar-code numbered polyurethane bags and half placed back in the original core box for permanent storage. The sample bags are sealed, placed in security-sealed sacks, and then delivered by company staff to the
All drill core splits reported in this news release were analysed at
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Forward-Looking Information
This release includes certain statements that are deemed 'forward-looking statements'. All statements in this release, other than statements of historical facts, that address events or developments that Norsemont expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words 'expects', 'plans', 'anticipates', 'believes', 'intends', 'estimates', 'projects', 'potential' and similar expressions, or that events or conditions 'will', 'would', 'may', 'could' or 'should' occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include changes to commodity prices, mine and metallurgical recovery, operating and capital costs, foreign exchange rates, ability to obtain required permits on a timely basis, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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