# Norsemont Drills 94 meters at 1.26 g/t Au and 109 meters at 1.09 g/t Au Both Holes Starting at Surface *2026-02-24T09:00:00-05:00* Norsemont Drills 94 meters at 1.26 g/t Au and 109 meters at 1.09 g/t Au Both Holes Starting at Surface **VANCOUVER, BC / [ACCESS Newswire](https://www.accessnewswire.com/)/ February 24, 2026 / **Norsemont Mining Inc. (CSE:NOM)(OTCID:NRRSF)(FWB:LXZ1) ("**Norsemont**" or the "**Company**") is pleased to announce precious-metal assay results for three (3) of the Phase 3 drill holes at it's the 100%-owned **Choquelimpie **high-sulfidation gold-silver-copper project in northern Chile. Seven (7) holes of the Phase 3 drill program have been completed, for a total of 1,650 meters. Norsemont is planning to resume drilling operations in April 2026. The drilling has provided important data for the extension of higher-grade zones, to depth. Drill samples for the complete drill program have been submitted to the laboratory. Results have been received for three (3) holes, although some intervals with initial "over-limit" results remain to be re-assayed. Partial results also have been received for additional holes. The balance of assays are expected to be received later this quarter. **Highlights** - **MV25-DD01 intersected 109 meters at 1.09 g/t, including 45 meters at 1.21 g/t Au.** - **MV25-DD02 intersected 94 meters at 1.26 g/t Au, including 31 meters at 1.79 g/t Au.** - **MV25-DD03 intersected 33 meters at 0.87 g/t Au.** **Management Comments** Norsemont CEO Marc Levy commented: "We are pleased with the positive gold results from the first three holes of the 2025 Phase 3 drill program. These long intercepts are above the current sulfide resource grade, highlighting the potential to upgrade the resource. We are also encouraged by the geological team's growing understanding of the controls on higher-grade mineralization. The presence of anomalous base-metal mineralization is particularly intriguing, and we look forward to receiving the re-assay results and integrating those data into the broader Choquelimpe geological model. These strong results add to our increasing confidence in the potential for substantial high-grade gold zones at depth and along strike beneath the existing open-pit resource. We look forward to providing further updates as results become available." **The Phase 3 Drill Program** The Phase 3 drill campaign at Choquelimpie has successfully **evaluated the down-dip extensions**of higher-grade gold mineralization (>1 gram/tonne Au) hosted within **hydrothermal breccia zones (Figure 1). Seven holes (7) core holes, for a total of approximately 1650 meters have been completed. The details of this program are shown on Figure 1 and Table 1.** **Figure 1: Phase 3 Drill Hole Location Map** [](https://app.accessnewswire.com/imagelibrary/69f64f08-2ec9-49a5-a7e1-e27c391c58af/1140373/picture1.png) **Table 1: Phase 3 Drill Hole Collar File** [](https://app.accessnewswire.com/imagelibrary/8e48fa44-33a5-455f-b237-ee5a60c44895/1140373/picture2.png) All split drill core samples for the drilling have been shipped to **Activation Geological Services SpA**for geochemical analysis. The samples have been prepared at the AGS facility located in Antofagasta Chile and are being analyzed at the AGS geochemical laboratory, located at Coquimbo, Chile. The laboratory has an ISO 17025 certification. The gold grades are being determined by fire assay (AGS code AU-FA30). Drill intervals that have some degree of oxidation are also being analyzed by the cyanide-soluble gold method (AUCN). The samples are also being analyzed for 60 elements, including silver, by mass spectrometer (MS TD60). In addition, silver and specific base metals are being re-assayed by atomic absorption for samples where the initial value for a particular element is greater than the limit of accuracy ("over-limit") for that method. The overlimit value for: silver is 100 parts per million (ppm), copper is 10,000 ppm, lead is 5,000 ppm and zinc is 10,000 ppm. Standard and blank samples have been inserted at a frequency of one each for every 20 drill samples. Fire-assay gold drill intercepts are summarized below for the initial three holes of the Phase 3 drill program. **MV25-DD01** Assay results have been received for DD01, although some intervals with initial "over-limit" results remain to be re-assayed. The hole intersected Vizcacha hydrothermal breccia, as predicted (Figures 2 & 3). **DD01**intersected 109 meters at a gold grade of 1.09 g/t (Table 2). This compares to the in-situ pit sulfide indicated resource average gold grade of 0.70 g/t. There are multiple additional intercepts at higher average grades. Additionally, a zone of elevated silver-lead-zinc grades is present between 130 to 189 meters down hole. There is an o