Canada drilling update

Geo, Director of Norsemont Mining as well as a qualified person as defined by National Instrument , has supervised the preparation of the technical information in this news release. Norsemont comprises experienced natural resource professionals focused on growing shareholder value and developing its flagship project through to bankable feasibility.

Norsemont Mining owns a per-cent interest in the Choquelimpie gold-silver project in northern Chile, a previously permitted gold and silver mine. Choquelimpie has over 1, drill holes, with significant existing infrastructure. For more information, please contact the Company at: Telephone: ; Facsimile: 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. 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.

We provide live feeds designed to help energy professionals, field personnel, business owners, and senior business leaders get the latest energy news and data, energy industry press releases and energy job and event listings. Imperial to market Montney, Duvernay assets in central Alberta.

Pipeline spills , gallons of diesel near New Orleans. Heavy Crude Discount Widens Further. These include, among other things: the fluctuation in oil prices may pressure customers into reducing or limiting their drilling budgets; the success of our response to the COVID global pandemic; the status of current negotiations with our customers and vendors; customer focus on safety performance; existing term contracts are neither renewed nor terminated prematurely; our ability to deliver rigs to customers on a timely basis; and the general stability of the economic and political environments in the jurisdictions where we operate.

Stay Connected. Based on our updated geologic model driven by our late relogging efforts we believed that this steeper-than-planned pre-collar would set us up to potentially miss the Water Canyon structural corridor, the sampling of which is one of our primary objectives. Accordingly, when we resumed drilling last month we elected to redrill the SGVC pre-collar using a shallower angle and a location metres further to the west, which we believe will significantly improve our chances of intersecting our features of interest.

When compared to the units seen in SGVC located approximately metres to the west, this suggests the presence of a major structurally related offset between the holes, consistent with the location and scale of our projected Water Canyon structural corridor, which we believe represented the primary control for sourcing mineralized hydrothermal fluids into the district.

As it does so, we will be watching closely for increasing evidence of Carlin-type hydrothermal alteration and enriched Carlin pathfinders. Email sign up: www. With mature, exposed search spaces seeing falling discovery rates, NGE believes the future of exploration is under cover.

NGE has spent more than 15 years developing and integrating new hydrogeochemistry groundwater chemistry and low-cost drilling technology to build an industry-leading, geochemistry-focused toolkit specifically to explore for new gold deposits under cover, and the Company is now advancing a portfolio of projects totalling more than square kilometres.