1. EachPod

Norsemont Mining - Growth Strategy AT The Choquelimpie Gold-Silver-Copper Project in Chile: Exploration and Potential Near Term Production

Author
KE Report
Published
Mon 18 Aug 2025
Episode Link
https://kereport.podbean.com/e/norsemont-mining-growth-strategy-at-the-choquelimpie-gold-silver-copper-project-in-chile-exploration-and-potential-near-term-production/

In this company introduction, I welcome Marc Levy, Chairman & CEO of Northmont Mining, for a first in-depth discussion on the company’s flagship Choquelimpie Gold-Silver-Copper Project in Chile.


Northmont is advancing a past-producing mine with existing infrastructure, including a mill, power, water, and extensive historic drilling. The project already hosts over 2.7Moz gold equivalent in resources (2.18Moz Indicated + 557koz inferred), with immediate potential to expand.


Key discussion points:



  • Financing & Strategic Investors - Recent oversubscribed financing, including participation from Rob McEwen and other notable industry names.


  • Three-Phase Growth Plan - Advancing stockpile production, expanding the high-grade oxide resource, and testing a large copper porphyry target.


  • Drill Program Launch - $3.5M allocated to near-term drilling: shallow oxide holes, deeper step-outs on high-grade zones, and initial porphyry testing.


  • Timeline to Production - Pathway to restart operations within ~2 years, supported by existing infrastructure and ongoing permitting.


  • Team Strength - Backed by a proven leadership group with multiple successful mining exits and Chilean mine-build experience.



Near-term catalysts include final financing close, drill program commencement, and steady news flow from exploration, metallurgy, and engineering.


 


Follow up questions for Marc? Email me at [email protected]


Click here to visit the Norsemont Mining website.

Share to: