Norsemont announces further drill data on the Amata project of 2M @ 783 g/t Ag & 2M @ 3.08% Cu & 41.95M @ 61.3 g/t Ag, 0.24 g/t Au
Norsemont announces further drill data on the Amata project of 2M @ 783 g/t Ag & 2M @ 3.08% Cu & 41.95M @ 61.3 g/t Ag, 0.24 g/t Au
VANCOUVER, Sept. 13 /PRNewswire-FirstCall/ -- Norsemont Mining Inc. ("Norsemont") (TSX-V: NOM; Frankfurt: A0DQKK) is pleased to announce further details on its recently acquired Amata Silver-Gold-Copper project from Rio Tinto Mining and Exploration Ltd. ("Rio Tinto") (NYSE:RTP) as previously announced on September 9, 2005. Norsemont has acquired a 100% interest in the Amata Project (10,300 hectares) located 50km NE of Arequipa City in southern Peru.
The Amata high sulphidation epithermal system and associated porphyries are located in the Cordillera of southern Peru. Sampling of 3,078 rock chip and grab samples include anomalies grading up to 2,400 g/t of silver and up to 7.2 g/t of gold, to values below detection.
In 2002 and 2003 Rio Tinto completed a two-staged drill program consisting of 15 widely-spaced holes (within 2km), of which the most encouraging results include:
Cerro Amata:
AM-01 : 317.80m @ 31.7 g/t Ag, 0.11 g/t Au
Includes: 41.95m @ 61.3 g/t Ag, 0.24 g/t Au
48.10m @ 36.7 g/t Ag, 0.28 g/t Au
AM-02 : 100.25m @ 1.11% Cu, 0.16 g/t Au ,19.55 g/t Ag
AM-03 : 2m @ 3.08% Cu, 12.85 g/t Ag
2.35m @ 0.80% Cu, 22.5 g/t Ag
AM-04 : 118m @ 0.11 % Cu, 13.08 g/t Ag
Includes: 4m @ 52.45 g/t Ag
AM-05 : 2m @ 783 g/t Ag, 0.14% Cu
Tincachoca:
TQ-02: 26.8 m @ 2.6% Cu, 0.42 g/t Au, 45 g/t Ag
Tacune:
TN-01: 22.2m @ 0.047% Mo, 0.01 g/t Au
13.75m @ 0.039% Mo, 0.03 g/t Au
TN-02: 3.95m @ 0.09% Mo
TN-03: 64m @ 0.33 % Cu
Based on alteration mapping and surface geochemistry, six principal targets have been identified (Cerro Amata, Tincachoca, Cayrane, Tacune, Trinchera and Palcamayo) that vary from about 15 hectares (500 m x 300 m) to 120 hectares (1.2 km x 1 km) in size. The Cerro Amata target contains a central diatreme breccia body that has a surface dimension of approximately 600 x 300 m. North of Palcamayo and the Apacheta (7th target) sector are yet to be explored. Norsemont believes there is potential to expand the zones of mineralization and identify additional zones of high grade precious metals in the epithermal lithocap or copper in the underlying porphyry.
The oldest rocks in the area correspond to rocks of the coastal batholith (544Ma) which are overlain by Yura group sediments. The prospect is situated within the volcanic complex of Cerro Blanco-Cerro Saltaoco in the Barroso group (Pleistocene) which border the batholith and overly the Yura group. The prospect was identified during the follow up of TM colour anomalies. The anomaly corresponded to a large volcanic complex with four volcanic edifices aligned NE-SW over an area of 10 x 4km. Yanacocha Au-Ag district (Yanacocha Mine in northern Peru) and Amata district are similar systems, showing characteristics of epithermal Au and Ag in the upper levels and underlying porphyry Cu. Both are upper Tertiary age deposits with similar structural controls.
Norsemont continues to make substantial progress with the 2005 drill program at its flagship Constancia project. Norsemont is also pleased to announce it has acquired additional data with regards to the previous drilling Mitsui conducted in the San Jose high grade zone. To date, ten diamond drill holes have been completed. Core samples have been sent to the ALS Chemex laboratory in Lima, Peru, for analysis, and results will be released as they are made available and reviewed by Norsemont's geological team.
Information contained in this release has been reviewed by Dr. Thomas Henricksen P. Geo., Norsemont's Consulting Geologist and Qualified Person as defined by NI 43-101.
Marc E. Levy
Director & President
Phone: (604) 669-9788
Fax: (604) 669-9768
E-Mail: investors@norsemont.com
www.norsemont.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or the accuracy of this release. We seek
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Source: Norsemont Mining Inc.
CONTACT: Marc E. Levy, Director & President, Phone: (604) 669-9788,
Fax: (604) 669-9768, E-Mail: investors@norsemont.com, www.norsemont.com
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