Norsemont Mining Inc. announced that an aggressive exploration drilling campaign is set to commence on four new discoveries at the company's 100% controlled Constancia copper-moly-gold-silver project in southern Peru. All four discoveries are within close proximity to Norsemont's Constancia-San Jose deposit, which was the subject of a recently completed definitive feasibility study. Drilling will resume in mid November at the Pampacancha Cu-Au-Mo porphyry-related skarn prospect located 2 km SE of the Constancia pit outline. This exploration campaign will also include the Yanaccaca Cu-Mo skarn discovery, immediately to the north of the Constancia pit outline, and the Uchucarco Cu skarn anomaly located 3.2 km NW of the Constancia pit outline. Drilling of the Chilloroya South Cu-Mo-Au porphyry copper discovery, located 5 km south of the Constancia pit, will commence in early 2010. During November and December 2009, a minimum 2,000 metres of diamond drilling is planned at Pampacancha, with an additional 3,000 metres planned for the first two months of 2010. Chiloroya South will be drill tested by a reconnaissance phase-one 5,000 metre reverse circulation drilling program. Based on results from the phase one drill program additional drilling is budgeted for 2010 to delineate and estimate resources for the mineralized areas. The company has budgeted a minimum of $6.8 million for this two phased program over the next 8 to 10 months. Further drilling may be warranted depending on the success of the program.

Norsemont Mining Inc., Annual General Meeting, Dec 09, 2009

Norsemont Mining Inc. announced the successful conclusion of the Definitive Feasibility Study (DFS) on the Company's 100% owned Constancia Copper Project located in the Department of Cusco, Southern Peru. GRD Minproc Limited of Brisbane, Australia led and prepared the DFS and related NI 43-101 Technical Report. Financial modeling of a range of scenarios indicates solid economics for the proposed Constancia mining operation. The Constancia DFS is based on the Constancia and San Jose zones of mineralisation, which were the first discoveries within Norsemont's Peruvian concessions. Further potential exists to increase the global Constancia resource with the successful exploration of both the Pampacancha and Chilloroya South prospects, which are in close proximity to the Constancia deposit. The Constancia copper deposit is a large-scale porphyry deposit located in an established mining district in the highlands of Southern Peru with access to good infrastructure. The DFS supports the development of a low-cost open pit mine with a nominal 50,000 tonne per day (tpd) sulphide concentrator plant producing high-grade commercial concentrates of copper and molybdenum with throughput up to 76,000 tpd depending on ore type. Silver and a small quantity of gold at payable levels will report to the copper concentrate.