Noram Lithium completes third hole at Zeus
2023-12-13 13:28 ET - News Release
Mr. Sandy MacDougall reports
Noram Lithium Corp. has completed the third hole of its 10-hole drilling program on the Zeus property in Clayton Valley, Nevada, United States. The core hole was bottomed at 1008 feet (307.2m), making it the deepest hole thus far drilled on the property. The Phase VII program was designed to drill deeper and test the possibility of a deep high-grade lithium lens below the previously defined Zeus resource which has been postulated from previous drilling and would have a significant impact on the Prefeasibility Study.
The core has been cleaned, logged, photographed and is in the process of being sampled for assay by the crew with the independent consulting group Big Rock Exploration of Duluth, Minnesota, USA. A graphical representation of the hole's lithology is shown in Figure 1. CVZ-84 was drilled in an area of the property that has seen thick high-grade lithium intersections in past drilling, but CVZ-84 is interpreted to be on the southeast side of a fault which may have acted as a northeast-trending mineralizing structure. The hole was designed to test this interpretation. Figure 2 shows its areal relationship to other completed and proposed holes in the current program, along with the location of the interpreted fault (in black) and Noram's placer and lode claim outlines (in blue and red, respectively). After completing CVZ-84, the drill moved onto CVZ-87 and CVZ-88. News releases on these holes will be forthcoming in the near future.
Sampling of the core using an industry standard QA/QC protocol is underway. Samples are to be delivered to ALS Laboratories in Reno, Nevada for assaying. Assay results are pending.
"The completion of this hole at depth was an important step for Noram. It allowed us to confirm and better understand the geology of the area. With each program, we have been able to build a more comprehensive model and validate our interpretations. This is crucial in truly understanding the size and extent of the resource as well as its commercial value" stated Sandy MacDougall, Executive Chairman and Director.
About Noram Lithium Corp.
Noram Lithium Corp. (TSXV:NRM) | (OTCQB:NRVTF) | (Frankfurt:N7R) is focusing on advancing its 100%-owned Zeus Lithium Project located in Clayton Valley, Nevada an emerging lithium hub within the United States.
Qualified Person
The technical information contained in this news release has been reviewed and approved by Brad Peek, M.Sc., CPG, who is a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, and also Vice President of Exploration for Noram.