EQS-News: Norsemont Mining: Gold-silver-copper potential in Chile's Andes, millions of ounces of gold equivalent already drilled
08:19 Uhr | DGAP
The survivors of the commodity bear market of recent years are now often the most exciting companies. Norsemont Mining (CSE: NOM; Germany: LXZ1) clearly falls into this category. While many explorers had to give up during the lean period, Norsemont used the time to take its flagship Choquelimpie project in northern Chile to a new level. With a massive resource, existing infrastructure, and the entry of "smart money" such as Crescat Capital, the company is positioning itself as one of the most promising gold-silver-copper players in the current commodity cycle.
The Choquelimpie project in northern Chile is no stranger to the spotlight. In the late 1980s and early 1990s, it was one of the country's most important gold and silver mines, operated by heavyweights such as Shell and Northgate Minerals. At that time, over 415,000 ounces of gold and 2 million ounces of silver were produced. However, as is often the case with historic mines, mining did not end when the ore ran out, but due to low commodity prices and the technological limitations of the time.
Today, with gold prices chasing new record highs and a copper market facing a structural deficit, Choquelimpie offers a whole new dynamic.
Learn more now:
Norsemont Mining: A sleeping gold-silver-copper giant in the Chilean Andes awakens
Risk disclosure: GOLDINVEST Consulting GmbH offers editors, agencies, and companies the opportunity to publish comments, analyses, and news on http://www.goldinvest.de. This content is intended solely for the information of readers and does not constitute a call to action of any kind; neither explicitly nor implicitly should it be understood as an assurance of any price developments. Furthermore, it does not in any way replace individual expert investment advice and does not constitute an offer to sell the share(s) discussed or a solicitation to buy or sell securities. This is expressly not a financial analysis, but rather promotional/journalistic text. Readers who make investment decisions or carry out transactions based on the information provided here do so entirely at their own risk. No contractual relationship is established between GOLDINVEST Consulting GmbH and its readers or the users of its offers, as our information relates only to the company and not to the reader's investment decision.
The purchase of securities involves high risks that can lead to the total loss of the capital invested. The information published by GOLDINVEST Consulting GmbH and its authors is based on careful research, but any liability for financial losses or the guarantee of the topicality, correctness, appropriateness, and completeness of the articles offered here is expressly excluded. Please also note our terms of use.
In accordance with §34b WpHG and § 48f (5) BörseG (Austria), we would like to point out that GOLDINVEST Consulting GmbH and/or partners, clients, or employees of GOLDINVEST Consulting GmbH hold shares in Norsemont Mining and that a conflict of interest therefore exists. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares in Norsemont Mining at any time, which could influence the share price. In addition, there is a consulting or other service agreement between Norsemont Mining and GOLDINVEST Consulting GmbH, which constitutes a further conflict of interest, as Norsemont Mining remunerates GOLDINVEST Consulting GmbH for its reporting services.
The Choquelimpie project in northern Chile is no stranger to the spotlight. In the late 1980s and early 1990s, it was one of the country's most important gold and silver mines, operated by heavyweights such as Shell and Northgate Minerals. At that time, over 415,000 ounces of gold and 2 million ounces of silver were produced. However, as is often the case with historic mines, mining did not end when the ore ran out, but due to low commodity prices and the technological limitations of the time.
Today, with gold prices chasing new record highs and a copper market facing a structural deficit, Choquelimpie offers a whole new dynamic.
Learn more now:
Norsemont Mining: A sleeping gold-silver-copper giant in the Chilean Andes awakens
Risk disclosure: GOLDINVEST Consulting GmbH offers editors, agencies, and companies the opportunity to publish comments, analyses, and news on http://www.goldinvest.de. This content is intended solely for the information of readers and does not constitute a call to action of any kind; neither explicitly nor implicitly should it be understood as an assurance of any price developments. Furthermore, it does not in any way replace individual expert investment advice and does not constitute an offer to sell the share(s) discussed or a solicitation to buy or sell securities. This is expressly not a financial analysis, but rather promotional/journalistic text. Readers who make investment decisions or carry out transactions based on the information provided here do so entirely at their own risk. No contractual relationship is established between GOLDINVEST Consulting GmbH and its readers or the users of its offers, as our information relates only to the company and not to the reader's investment decision.
The purchase of securities involves high risks that can lead to the total loss of the capital invested. The information published by GOLDINVEST Consulting GmbH and its authors is based on careful research, but any liability for financial losses or the guarantee of the topicality, correctness, appropriateness, and completeness of the articles offered here is expressly excluded. Please also note our terms of use.
In accordance with §34b WpHG and § 48f (5) BörseG (Austria), we would like to point out that GOLDINVEST Consulting GmbH and/or partners, clients, or employees of GOLDINVEST Consulting GmbH hold shares in Norsemont Mining and that a conflict of interest therefore exists. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares in Norsemont Mining at any time, which could influence the share price. In addition, there is a consulting or other service agreement between Norsemont Mining and GOLDINVEST Consulting GmbH, which constitutes a further conflict of interest, as Norsemont Mining remunerates GOLDINVEST Consulting GmbH for its reporting services.
