Norsemont Mining Gains US Market Listing, Shares Rally

Norsemont Mining uplists to OTCQX, boosting US investor access. Stock gains 7.1% as drilling advances at its flagship Choquelimpie gold-silver project in Chile.

Norsemont Mining has successfully initiated trading on the OTCQX Best Market in the United States, marking a pivotal expansion of its investor reach. The exploration company’s shares began trading on this premier US over-the-counter platform on April 1, 2026. This strategic move is designed to significantly boost the company’s profile among North American investors and coincides with ongoing advancements at its flagship Choquelimpie project in Chile.

Strategic Rationale and Market Response

The primary objective of the uplisting to the OTCQX, the top tier of the OTC Markets Group, is to streamline access for US-based investors and enhance the stock's liquidity. Previously, investors outside of Canada often faced complex cross-border transaction processes. Marc Levy, Chief Executive Officer of Norsemont, characterized the listing as a critical milestone for attracting both institutional and retail investment in the United States to the company's gold, silver, and copper assets.

The market responded favorably to the news. In today's trading, Norsemont's equity climbed 7.10 percent to €0.83. This gain extends a recent positive trend, with the stock having advanced approximately 17.7 percent over the past seven trading sessions.

Operational Focus on Chilean Asset

The core of Norsemont's strategy is the wholly-owned Choquelimpie project located in northern Chile. The asset benefits from established infrastructure, including a processing plant with a daily capacity of 3,000 tonnes. Current resource estimates for the project are substantial, with indicated resources of roughly 1.7 million ounces of gold and over 33 million ounces of silver.

Operational activity is accelerating this month. The initial seven holes of the Phase 3 drilling program, totaling 1,650 meters, have been completed. The company plans to resume drilling operations within April 2026.

Upcoming Corporate Catalysts

The company has outlined key near-term milestones that are fundamental to advancing the project and creating long-term shareholder value:

• April 2026: Resumption of the Phase 3 drilling campaign.
• December 2026: Targeted submission of the Environmental Impact Declaration (EID).

Alongside its exploration work, Norsemont is employing modern techniques to further validate the potential of its gold-silver-copper deposits in this resource-rich region of Chile.