Norsemont Mining Inc.
TSX VENTURE : NOM
FRANKFURT : N8S
OTC Bulletin Board : NOMFF

Norsemont Mining Inc.

December 14, 2006 14:15 ET

Norsemont Nears Successful Completion of 2006 Drill Campaign at Constancia Porphyry Copper Deposit, Cusco Province, Peru

Drilling to resume in early January

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 14, 2006) - Norsemont Mining Inc. ("Norsemont" or "the Company") (TSX VENTURE:NOM)(OTCBB:NOMFF)(FWB:N8S)(WKN:A0DQKK)(ISIN:CA6565291045) is pleased to announce the successful completion of its planned 20,000 meter HQ drilling program at the flagship Constancia porphyry copper and skarn deposit in the Department of Cusco, Peru. Norsemont has completed nearly 30,000 meters of core drilling in 2005 and 2006.

Norsemont submitted the required internal bi-annual report to Rio Tinto and Mitsui Mining. Norsemont is in full compliance with all the necessary surface agreements, as well is in full compliance under its agreement for mineral title claims with Rio Tinto and Mitsui Mining. Norsemont is also in full compliance with all environmental permits.

Drilling will resume in early January and a second resource calculation will be provided by Snowden and Associates in the first quarter of 2007. A total of 34 additional holes have been drilled since the September 2006 resource calculation (see October 3, 2006, news release). Drilling in 2007 will again emphasize finding the limits of the Constancia deposit which still remains open on all sides, as well as down the dip to the south in the skarn and associated buried porphyry mineralization. Infill drilling will also be carried out for the purposes of upgrading 'Inferred Resources' to 'Indicated Resources'.

"We have been more than pleasantly surprised by the step-out drilling carried out in 2006. The deposit continues to expand in size and we look forward to the results of the next resource estimate, as well as preliminary metallurgical test work which is currently underway," said President, Bob Baxter. "The next 12 months is shaping up to be a busy year once again where we aim to complete our programmed scoping study and move into a Feasibility Study on the Constancia Project."

About Norsemont Mining

Norsemont Mining is a well structured, well financed exploration company working in the America's, with a focus on Peru. The Company has defined an initial resource at the Constancia Copper-Molybdenum-Silver-Gold deposit in southern Peru and is currently drilling to expand the deposit.

ON BEHALF OF THE BOARD OF DIRECTORS

Robert W Baxter, President & Director

NORSEMONT MINING INC.

We seek Safe Harbor.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

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