NOCSF - 1500 Metre Drill Program Underway at Norseman Silver's Silver Vista Property in British Columbia Canada
(TheNewswire)
Vancouver, British Columbia - TheNewswire – August 24,2021 – Norseman Silver Inc. (TSXV:NOC)(“ Norseman ” or the “ Company ”) is pleased to announce that a 1,500 metre drill program is underway at theSilver Vista Project.
The 1,500 m. drill program aims to define the strikelength and down-dip extensions of the already-identified Silver-Coppermineralization at Silver Vista. The current drill layout will defineat least 500 metres in length and approximately 250 metres of extentalong dip of the mineralized targets. Mineralization is typicallycharacterized by pervasive carbonate alteration with attendant Silverand Copper sulfide mineralization within a sandstone host rock.Mineralization trends remain open in all directions.
Norseman has an option to acquire a 100% interest inthe Silver Vista property, located 55 km north east of Smithers,British Columbia, Canada (see the Company’s press release datedSeptember 21, 2020).
Qualified Person
The technical information in this news release wasreviewed by Rene Victorino, P. Geo., Vice President for Exploration ofNorseman Silver Inc., a qualified person as defined under NationalInstrument 43-101 (NI 43-101).
This press release does not constitute an offer to sellor a solicitation of an offer to buy any of the securities in theUnited States. The securities have not been and will not be registeredunder the United States Securities Act of 1933, as amended, or anystate securities laws and may not be offered or sold within the UnitedStates or to or for the account or benefit of a U.S. person (asdefined in Regulation S under the United States Securities Act) unlessregistered under the U.S. Securities Act and applicable statesecurities laws or an exemption from such registration isavailable.
On behalf of Norseman SilverInc.
Sean Hurd
President and CEO
For further information, pleasecontact:
Sean Hurd
President and CEO
T: 604 505-4555
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release.
CAUTIONARYSTATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This news release includes certain"forward-looking statements" which are not comprised ofhistorical facts. Forward looking statements include estimates andstatements that describe the Company’s future plans, objectives orgoals, including words to the effect that the Company or managementexpects a stated condition or result to occur. Forward-lookingstatements may be identified by such terms as “believes”,“anticipates”, “expects”, “estimates”, “may”,“could”, “would”, “will”, or “plan”. Sinceforward-looking statements are based on assumptions and address futureevents and conditions, by their very nature they involve inherentrisks and uncertainties. Although these statements are based oninformation currently available to the Company, the Company providesno assurance that actual results will meet management’sexpectations. Risks, uncertainties and other factors involved withforward-looking information could cause actual events, results,performance, prospects and opportunities to differ materially fromthose expressed or implied by such forward-looking information.Forward looking information in this news release includes, but is notlimited to: the Company’s objectives, goals or future plans;exploration and drilling activities; final approval of the Offering;and the use of the proceeds from the Offering. Factors that couldcause actual results to differ materially from such forward-lookinginformation include, but are not limited to: delays in obtaining orfailures to obtain required governmental, environmental or otherproject approvals; political risks; inability to fulfill the duty toaccommodate indigenous peoples; uncertainties relating to theavailability and costs of financing needed in the future; changes inequity markets; inflation; changes in exchange rates; fluctuations incommodity prices; delays in the development of projects; capital andoperating costs varying significantly from estimates; other risksinvolved in the mineral exploration and development industry; aninability to predict and counteract the effects of COVID-19 on thebusiness of the Company and markets generally; and those risks set outin the Company’s public documents filed on SEDAR. Although theCompany believes that the assumptions and factors used in preparingthe forward-looking information in this news release are reasonable,undue reliance should not be placed on such information, which onlyapplies as of the date of this news release, and no assurance can begiven that such events will occur in the disclosed time frames or atall. The Company disclaims any intention or obligation to update orrevise any forward-looking information, whether as a result of newinformation, future events or otherwise, other than as required bylaw.
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