AllPennyStocks.com Canadian Penny Stocks in Play for June 10, 2009 (NOM.TO, ADG.V)
Original announcement by tmx on
- Company
- Norsemont Mining Inc.
- Ticker
- NOM
- Exchange
- TSX
- Region
- south-eastern Peru
- Primary commodity
- Copper
- Secondary commodities
- Gold, Molybdenum
- Document categories
- Drill results, Agreement transaction
- Extracted
- 2026-09-19 17:45:07 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Norsemont Mining Inc. announced a new discovery of copper, molybdenum, and gold mineralization at its Constancia Project in Peru. Rock sampling in the Chiloroya South area returned gold grades up to 7.84 g/t and copper up to 1.33%.
Reasoning: The document reports a new discovery of copper-gold-molybdenum mineralization at the Constancia Project with significant anomalous grades in rock samples.
Positive factors
- new porphyry-related mineralization discovery
- high grade gold intercept up to 7.84 gpt Au
- significant copper anomaly up to 1.33% Cu
Facts used in scoring: 4
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Discovery of new mineralization in the Chiloroya South area, located 5.5km south of the existing Constancia-San Jose deposit.
Evidence · text
“located about 5.5 kilometres south of the Constancia-San Jose deposit”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The discovery is located within a mineralized corridor including the Pampacancha discovery.
Evidence · text
“within a 3 km wide, southwest-oriented mineralized corridor that includes the Cu-Au-Mo Pampacancha discovery”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
Fact 1Constancia · goldGrade: 7.84Grade Unit: g/tView all detailsHide details
Identity
- Project
- Constancia
- Commodity
- gold
- Region
- peru
- Reported Region
- peru
- Ticker
- NOM
Geometry
- Grade
- 7.84
- Grade Unit
- g/t
Classification
- Sample Type
- surface
Location
- Location
- Chiloroya South
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2009-06-10T00:00:00.000Z
Reasoning: 7.84 gpt Au is a strong intercept for a porphyry-related system.
Positive factors
- high grade intercept
Evidence · text
“52% returned values from 0.1 up to 7.84 gpt Au (averaging 0.89 gpt Au)”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 2Constancia · copperGrade: 1.33Grade Unit: %View all detailsHide details
Identity
- Project
- Constancia
- Commodity
- copper
- Region
- peru
- Reported Region
- peru
- Ticker
- NOM
Geometry
- Grade
- 1.33
- Grade Unit
- %
Classification
- Sample Type
- surface
Location
- Location
- Chiloroya South
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2009-06-10T00:00:00.000Z
Reasoning: 1.33% Cu is a strong anomaly for a porphyry-related discovery.
Positive factors
- significant copper anomaly
Evidence · text
“85% were anomalous in copper, returning from 70ppm up to 1.33% Cu”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Fact 3Constancia · molybdenumGrade: 446Grade Unit: ppm MoView all detailsHide details
Identity
- Project
- Constancia
- Commodity
- molybdenum
- Region
- peru
- Reported Region
- peru
- Ticker
- NOM
Geometry
- Grade
- 446
- Grade Unit
- ppm Mo
Classification
- Sample Type
- surface
Location
- Location
- Chiloroya South
- Loc. Source
- document
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2009-06-10T00:00:00.000Z
Reasoning: 446ppm Mo represents a notable molybdenum anomaly.
Positive factors
- molybdenum anomaly
Evidence · text
“40% were anomalous in molybdenum, with values in the order of 10 up to 446ppm Mo”
Tags used in scoring
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: qaqc_disclosed is not true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.