NOCSF - Norseman Silver Canada and Argentina Exploration Update
(TheNewswire)
Vancouver, British Columbia - TheNewswire - December 6, 2021 - NorsemanSilver Inc. (TSXV:NOC) ( OTC :NOCSF) (“ Norseman ” or the “ Company ”) ispleased to provide an update on the Silver Vista project located inBritish Columbia, Canada, and exploration on the Taquetren silverproject in Argentina.
Silver Vista
All the laboratory analytical results from the recentlyconcluded 2021 drilling program at the Silver Vista Project havealready been received. The program involved the completion of nine drill holes withan aggregate length of 1,507 meters. With the latest additionalsub-surface information gathered, the target zones of thesedimentary-hosted Cu-Ag mineralization has been delineated furtheralong strike and down dip.
Anomalous drill intercepts were encountered along thecentral sections of the NE-SW trending and west dipping mineralizedzones in the MR target area. Two main mineralized layers from thiscentral section of about 300 meters in strike length appear to extendinto thinner zones on both directions along strike. The drillintercepts however very strongly show the increasing widths andsignificantly higher metal grades down dip of the mineralized layers. The central zone intercepts are recorded through:
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Drill Hole SV21-07 where a continuous 46m.-long zonefrom 106m. averages 48 g/t Ag and 0.62% Cu. This zone includes a 17 m.section containing 94 g/t Ag and 1.34% Cu. Along this zone as well,the highest Ag grade of 431 g/t (121-122m.) and the highest Cu gradeof 2.57% (112-113m.) were picked up.
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Drill Hole SV21-01 which is about 60 meters to thenorthwest of SV21-07 recorded 47.82 meters of 37 g/t Ag and 0.21% Cufrom 151.86m. This zone includes sections of 14.59m of 61 g/t Ag and0.33% Cu from 162.50m and 8.25m of 50 g/t Ag and 0.46% Cu from182.75m.
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Drill Hole SV 21-02 which is about 70 meters to thenorthwest of SV21-01 recorded 30.06 meters of 30 g/t Ag and 0.34% Cu.This includes a 12.50m section of 38 g/t Ag and 0.75% Cu from 180.00m.
The drill results provide further confirmation of thecontinuities of the sandstone-hosted Ag-Cu mineralization, with theapparent better metal grades and increasing thicknesses at deeperlevels. So far, the surface outcropping mineralized zones have alreadybeen traced out down to depths of about 150 meters fromsurface.
Argentina
In Rio Negro Province, Argentina, exploration iscontinuing on the Taquetren project. The project is located in anunderexplored region that hosts Patagonia Gold’s CalcatreauGold-Silver Deposit and Pan American’s Navidad, one of the world’slargest undeveloped silver deposits.
This program is expected to be completed by the end of2021 with results expected in January 2022. Norseman plans to continueto expand its exploration at Taquetren through an acceleratedexploration program in Q1, 2022.
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 (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.
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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