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Norsemont Mining Explores Gold-Silver-Copper Opportunities in Chile
Norsemont Mining, trading on exchanges CSE: NOM and Germany: LXZ1, is capitalizing on renewed interest in precious metals and copper. Focused on the Choquelimpie project in northern Chile's Andes, the company is building on a rich history. The site, once operated by Shell and Northgate Minerals, produced over 415,000 ounces of gold and 2 million ounces of silver in the late 1980s and early 1990s. This historical mine is now being revisited as commodity prices rise, showing potential for further gold, silver, and copper extraction.
Norsemont benefits from existing infrastructure and investment from Crescat Capital, positioning it as a contender in the current commodity cycle. The strategic plan involves reviving this once-prominent mine to leverage high gold prices and address the copper market's structural deficit.
R. H.
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