Norsemont Mining Inc.

Norsemont Continues to Expand Mineralized Zones in Step-Out Drilling at the Constancia Project

    Vancouver, Canada (ots/PRNewswire) - Norsemont Mining Inc. ("Norsemont" or "the Company") (TSX-V: NOM;  Frankfurt: N8S; WKN: A0DQKK; OTC-BB: NOMFF; ISIN: CA6565291045) is pleased  to announce results from five more Phase II diamond drill holes targeting  the Constancia and San Jose Zones at the Constancia Copper-Molybdenum- Silver Porphyry Project in southern Peru.

@@start.t1@@        Highlights:
        -    Hole CO-06-57:    84 metres at 0.81% Copper (0.93% Copper Equivalent)
                        and            80 metres at 0.82% Copper (0.96% Copper Equivalent)
        -    Hole CO-06-59:    16 metres at 0.75% Copper (0.89% Copper Equivalent)
        -    Hole CO-06-61:    98 metres at 0.67% Copper (0.77% Copper Equivalent)
                        and            26 metres at 0.71% Copper (0.77% Copper Equivalent)@@end@@

    "We continue to extend the mineralized zones with each step-out hole  we drill," said Marc E. Levy, CEO of Norsemont Mining Inc. "Bob Baxter,  Norsemont's recently appointed President, is currently at the Constancia  site familiarizing himself with the project and staff. His experience and  knowledge will help move this project toward development."

@@start.t2@@                      TABLE 1:  COPPER INTERSECTIONS AT CONSTANCIA PROJECT
          HOLE        FROM(m)    TO(m)      INT.(m)    Cu(%)    Mo(%)  Ag(g/t) CuEQ(1)
        CO-06-57        0.0         84.0        84.0        0.81    0.0095      6.67      0.93
          and         112.0        191.7        79.7        0.82    0.0154      4.40      0.96
        CO-06-58      86.0        100.0        14.0        0.39    0.0017      5.50      0.45
          and         174.0        190.0        16.0        0.52    0.0018      3.65      0.57
        CO-06-59    122.0        138.0        16.0        0.75    0.0150      4.24      0.89
          and         163.0        192.0        29.0        0.52    0.0024      5.18      0.58
        CO-06-60      76.0         94.0        18.0        0.44    0.0070      5.70      0.54
        CO-06-61    106.0        204.0        98.0        0.67    0.0104      3.46      0.77
          and         238.0        264.0        26.0        0.71    0.0040      3.11      0.77
        Note 1: Copper equivalent Values (CuEQ) are estimated using long-term
        metal prices including: Copper US$1.20 per lb, Molybdenum US$8.00 per lb,
        and Silver US$7.50 per oz. Adjustment factors to account for differences
        in relative metallurgical recoveries will depend upon the completion of
        definitive metallurgical testing.
        CuEQ equals Cu per cent plus Mo percent times (8.00/1.20) plus Ag grams
        per tonne times 0.24/(1.20(x)22.05).@@end@@

    Drill hole CO-06-57 is located in the vicinity of hole CO-05-19 and  extends the western margin of the known mineralization within the  Constancia Zone. The hole contains chalcopyrite-bearing skarn to a depth of  approximately 120 metres, below which is secondary chalcocite and mixed  chalcocite/chalcopyrite to the bottom of the hole at 191.7 metres.

    Hole CO-06-58 extends the mineralization within the San Jose Zone to  the north-east. Copper mineralization is chalcopyrite in skarn.

    Hole CO-06-59 extends the mineralization within the San Jose Zone to  the south-east. Copper mineralization is mixed secondary chalcocite and  chalcopyrite in the upper portion, and chalcopyrite in skarn at depth.

    Hole CO-06-60 extends the mineralization within the Constancia Zone to  the south-west. Copper mineralization is mixed secondary chalcocite and  chalcopyrite.

    Hole CO-06-61 extends the mineralization within the Constancia Zone to  the south. The hole contains copper mineralization as chalcopyrite in skarn  in the upper portion, and mixed secondary chalcocite and primary  chalcopyrite at depth.

    The majority of future holes will be step-out holes on 100 metre centers, similar to the program carried out in 2005, for the purpose of  calculating a resource estimate for the property. Two drill rigs are  currently operating on site.

    The drilling program and geological studies at the Constancia project  are being supervised by 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

    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 project, and  exploration is underway at the Amata Silver-Gold property acquired from Rio  Tinto.

        Marc E. Levy
        CEO & Chariman
        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.@@end@@

ots Originaltext: Norsemont Mining Inc.
Im Internet recherchierbar:

For further information: Brian Soregaroli, VP Corporate
Communications at: Phone: +1-(604)-669-9788 x109, Fax:
+1-(604)-669-9768, E-Mail:, Web Site:

Weitere Meldungen: Norsemont Mining Inc.

Das könnte Sie auch interessieren: