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NOM.CN ·

Norsemont Appoints John Currie as Vice President of Exploration

Management Changes

NORSEMONT MINING INC.

Suite 610, 700 West Pender Street

Vancouver, BC, V6C 1G8

Phone: 604-669-9788

NEWS RELEASE

NORSEMONT APPOINTS JOHN CURRIE AS VICE PRESIDENT OF EXPLORATION

Vancouver, B.C., February 24th, 2021 – Norsemont Mining Inc. (CSE: NOM, OTCQB: NRRSF, FWB: LXZ1)

(“Norsemont” or the “Company”) is pleased to announce the appointment of Mr. John Currie as Vice President

of Exploration of the Company effective immediately.

John is an exploration geologist with 30 years of experience in all aspects of mineral exploration and project

management. He resides in Chile, is fluent in Spanish, written and oral, and has spent the last 27 years of his

career exploring for base and precious metals deposits in South America. He has identified and led exploration

campaigns including the discovery of the world-class Sierra Gorda Cu-Mo (Au) porphyry deposit for KGHM Polska

Miedz where he had been directly responsible for the administration and project-generative exploration budgets

exceeding $30,000,000 (US). Prior to his 15-year tenure with KGHM, John worked in expanding roles from senior

geologist to exploration manager for several Canadian junior mining and exploration companies including

Princeton Mining Corporation, Atna Resources Ltd., Aquest Explorations Ltd. and Rio Algom Ltd.

The Company announces that, pursuant to its stock option Plan, it has granted incentive stock options to a

director and officer of the Company to purchase 200,000 shares in the capital stock of the Company. The options

are exercisable at a price of $0.70 per share expiring five years from the date of grant, and vest over a period of

three years.

Marc Levy, CEO of Norsemont said; “We welcome John to the team. His experience working in Chile will guide

Norsemont’s exploration strategy at Choquelimpie. His experience will be invaluable in guiding Norsemont’s

exploration team to move the project forward.”

About Norsemont Mining

An experienced group of natural resources professionals focused on growing shareholder value. Norsemont

owns a 100% interest in the Choquelimpie Gold & Silver Project in Northern Chile, a previously active gold and

silver mine.

On behalf of the Board of Directors,

NORSEMONT MINING INC.

Marc Levy

CEO

For more information, please contact the Company at:

Telephone: (604) 669-9788; Facsimile: (604) 669-9768

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the

information contained herein.