Norsemont Mining Inc. announced the appointment of Dr. Sergei Diakov to the Company's Board of Directors effective immediately. Dr. Diakov, a geologist based in the USA, has over 30 years of experience in the mining industry. His expertise lies in building successful teams to deliver challenging tasks of discovering significant mineral deposits, providing their economic evaluation and assessment and securing necessary funding with a final goal of bringing exploration discoveries into production, thereby enhancing shareholder value.

With extensive experience in diverse cultural environments, Dr. Diakov excels in cultivating high-performing exploration and development teams. His expertise spans various mineral commodities, such as copper, gold, nickel, uranium, base metals, potash and metallurgical coal. Notably, he led BHP to the original discovery of the world-renowned Oyu Tolgoi porphyry copper-gold deposit in Mongolia and AngloGold Ashanti's discovery of Nuevo Chaquiro, a significant porphyry copper-gold deposit in Colombia. Revered for his professionalism, profound technical knowledge, exemplary safety record and strong leadership, Dr. Diakov meticulously plans and executes exploration and development programs while upholding the highest global standards for environmental and social responsibility.