NOCSF - Taquetren Silver Project Argentina
(TheNewswire)
Vancouver, British Columbia – TheNewswire - February 24, 2022 – Norseman Silver Inc. (TSXV:NOC) (Q TC :NOCSF) (“ Norseman ” or the“ Company ”) is pleased to update on the ongoing exploration programat the Taquetren Silver-Gold Project in Southern Argentina.Exploration has successfully discovered a low sulphidation (LS)epithermal vein system within its 285 sq. km Taquetren project in RioNegro, Argentina.
“Norseman is continuing to expandour efforts in Argentina, with a focus in Patagonia, Argentina, whererecently significant gold and silver discoveries have been made. Thisregion presents an excellent opportunity for the Company as one of thepremier regions in the world for generating newdiscoveries.” stated Sean Hurd, President& CE0.
Ongoing mapping and sampling in the area of the recentdiscovery is underway and the exploration teamhas been expanded to facilitate an accelerated regional explorationprogram. No evidence of previous exploration on the ground has beenidentified. The Company staked an additional 300sq. km of ground in Q4 2021 that is contiguous to the originalTaquetren concession areas to expand the property boundaries. The exploration team has been expanded tofacilitate an accelerated regional exploration program.
F ield observations and thecollected samples confirm the existence of a vein system is located onthe edge of a circular structure and along the trace of theNW-SE-trending Gastre Fault System, as well as NE-SW-tendingNord-Patagonico Fault System. Regionally, themineralized LS epithermal system is located on the edge of one of thepreviously identified circular structures, reinforcing the model ofthe mineralization linked to a mega caldera. Geochemical results fromthe Q4 exploration program will be released when available.
F ield observations and thecollected samples confirm the existence of a vein system along thetrace of the NW-SE-trending Gastre Fault System, as well as theNE-SW-trending Nord-Patagonico Fault System. Regionally, the mineralized LS epithermal system is locatedalong the edge of one of the previously identified circulartopographic structures, reinforcing the model of the mineralizationlinked to a mega caldera. Geochemical results from the Q4 explorationprogram will be released when available.
Taquetren is located in the Navidad-Calcatreau MiningDistrict, in SW Rio Negro Province, and approximately 30 km north ofChubut Province. Accessed by high quality and well maintained pavedand gravel roads. This under-explored district hosts several deposits,including Navidad, one of the largest silver deposits in the world(M&I: 632M Oz Ag contained in 155.2 Mt @ 127 g/t Ag, 0.85% Pb,0.05% Cu, 150 g/t AgEq).
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 thesymbol NOC and on the OTCQB under the symbol NOCSF. Learn more aboutNorseman Silver at 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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