Corrected: Norseman Silver Corporate Update
Corrected: Norseman Silver Corporate Update
Vancouver, British Columbia – November 23, 2021 – Norseman Silver Inc. (TSXV:NOC) (Q:NOCSF)
(“Norseman” or the “Company”) is pleased to provide a Corporate Update on its exploration and Corporate
activities in 2021.
During 2021 Norseman’s exploration team has been very active advancing the Company’s projects in
British Columbia, Canada, and in Rio Negro Province, Argentina. Exploration programs have been
conducted in British Columbia on the Silver Switchback, Silver Vista and Caribou projects. In Argentina,
exploration is currently underway on the Taquetren project.
Taquetren project, Argentina
In Rio Negro Province, Argentina, crews are now in the field on the Taquetren project. The project is located
in an underexplored region that hosts Patagonia Gold’s Calcatreau Gold-Silver Deposit and Pan American’s
Navidad, one of the world’s largest undeveloped silver deposits. The exploration program is being
conducted by seasoned professionals with extensive exploration experience in Argentina.
Field work is focused on rock and stream sediment sampling and work is also in the process to expand the
land package through the acquisition of additional grounds adjacent to the project. This program is expected
to be completed by the end of 2021 with results available in late December or early January 2022.
Norseman plans to continue to expand its exploration at Taquetren through an accelerated exploration
program in Q1, 2022.
Silver Switchback
On Silver Switchback an extensive geochemical program has been completed. The geochemical rock and
grid soil sampling program primarily involved the collection of samples to fill in and extend the grid coverage
over the known mineralized zones. The total geochemical soil grid area is now about 4.90 km X 1.4km. The
next Phase of work will be to conduct a geophysical survey followed up with a drill program to test high
priority targets on the project.
Silver Vista
Exploration in late summer of 2021 on Silver Vista was focused on a 1,500 m. drill program to define the
strike length and down-dip extensions of the already-identified Silver-Copper mineralization. Mineralization
trends remain open in all directions. This drill program has been completed and results are expected to be
available in early December of this year.
Caribou
The work program at Caribou concentrated on expanding previously announced results that include 4.93%
copper, 242.5 g/t silver in a 7.6 m trench within a 1500 metre by 500 metre soil anomaly in the NH target
area. Infill- geochemical soil sampling was carried out in the Eastern Block NH Target as well as in another
separate Western Block. In addition, a ground IP-Resistivity survey consisting of 6 IP line kilometres within
a 45-hectare area at NH was also completed. The goal of these work programs is to define further the
mineralized targets for trenching and/or drilling in the next field season. Prospecting work which involved
mapping and rock sampling was also completed within the newly-acquired 1, 867- hectare concession
which is located directly north of the main Caribou concessions. Results from Norseman’s exploration at
Caribou are expected in the coming weeks.
Corporately Norseman Silver has been approved for trading on the OTCQB Venture Market under the ticker
symbol "NOCSF", which took effect on February 18, 2021.
Qualified Person
The technical information in this news release was reviewed by Rene Victorino, P. Geo., Vice President for
Exploration of Norseman Silver Inc., a qualified person as defined under National Instrument 43-101 (NI
43-101).
About Norseman Silver
Norseman Silver is focused on acquiring, exploring and developing silver assets with upside potential in
the Americas. The Company’s current property portfolio includes the Cariboo, Silver Vista, Silver
Switchback and New Moon projects, located in a prolific region in central British Columbia, Canada, and
the Taquetren silver project, located in Rio Negro, Argentina. Norseman Silver’s shares are listed on the
TSX Venture Exchange under the symbol NOC and on the OTCQB under the symbol NOCSF. Learn more
about Norseman Silver at www.norsemansilver.com.
This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold within the
United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the
United States Securities Act) unless registered under the U.S. Securities Act and applicable state securities
laws or an exemption from such registration is available.
On behalf of Norseman Silver Inc.
Sean Hurd
President and CEO
For further information, please contact:
Sean Hurd
President and CEO
604-505-4554