NOC:CC - Bonanza Copper Grading over 9% Cu Significant Silver On Taquetren Project Argentina
(TheNewswire)
Vancouver, British Columbia – TheNewswire - April 22 , 2022 – Norseman Silver Inc. (TSXV:NOC) (Q:NOCSF) (“ Norseman ” or the “ Company ”) ispleased to announce check assays on the Taquetren Silver-Gold Projectin Southern Argentina. Re-assays from earlier sampling that were abovedetection limit (see news release dated March 8, 2022) wereresubmitted and have confirmed significant silver and bonanza gradecopper. Norseman has an option to earn a 100% interest in the Taquetren Silver Project (the “ Project ”), which is located in the Rio Negro province of SouthernArgentina.
Seven (7) rock chip samples from the 10-20 cm-widecalcite-quartz-sulfide vein (Veta Juan) which were collected along astrike length of about 300 meters were re-assayed. The re-analysisshowed an average of 7.73% Cu (2.46% to 9.63%) for the 7 samples. Thesame set of samples were re-analyzed for silver. Two (2) samplespicked up an average of 205 ppm Ag (202 and 207 ppm Ag), and another 2samples contained >120 ppm Ag. The re-analysis has confirmed thevery encouraging vein mineralization potential along this zone of theTaquetren claims.
Reconnaissance-scale sediments and rock samplingactivities have continued. Preliminary assay results of the samplesconfirm the anomalous multi-element concentrations along the NW-SEVeta Juan to Veta Nueva zone. Veta Nueva lies close to the Area Marta,a zone which was mapped out with distinct features of low-sulfidationepithermal style rock textures and alteration. Along Area Marta,several outcrops and rock float fields of variably silicified volcanicrocks and calcites with bladed textures were encountered. Based on thecompleted sampling program thus far, this NW-SE zone extends for a strike length of approximately 5 km,and lies along the rim of a perceived calderaring structure is defined by strong positive anomalies for Cu, Au, Pb,Zn, As and Mn in the sediment as well as in the rock samples.
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).
Norseman Silver is focused on acquiring, exploring anddeveloping silver assets with upside potential in the Americas. TheCompany’s current property portfolio includes the Cariboo, SilverVista, Silver Switchback and New Moon projects, located in a prolificregion in central British Columbia, Canada, and the Taquetren silverproject, located in Rio Negro, Argentina. Norseman Silver’s sharesare listed on the TSX Venture Exchange under the symbol NOC and on theOTCQB under the symbol NOCSF. Learn more about Norseman Silverat www.norsemansilver.com .
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 (as defined in Regulation S under the United StatesSecurities Act) unless registered under the U.S. Securities Act andapplicable state securities laws or an exemption from suchregistration is available.
Onbehalf of Norseman Silver Inc.
Sean Hurd
President and CEO
Forfurther information, please contact:
Sean Hurd
President and CEO
604-505-4554
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