09:51 AM EST - Norsemont Mining Inc. : announced the completion of the first phase exploration drilling at the Company's Chilloroya South discovery, located approx. five kilometres south of the Constancia deposit. Three drill targets were tested with 6,989 metres of drilling which has shown a high level of porphyry copper-gold mineralisation. Of the three targets tested, one returned potentially economic intersects. Hole SO-10-006 reported an intercept of 12 metres (from 302 to 314 metres) with 0.74% Copper, 0.010% Molybdenum and 0.49 grams per ton gold (gpt Au), (1.14% CuEq), demonstrating high gold content in the copper mineralisation. Norsemont Mining Inc.
shares T.NOM are trading down $0.03 at $2.03.
