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Noram Lithium Corp V.NRM

Alternate Symbol(s):  NRVTF

Noram Lithium Corp. is a Canada-based junior exploration and development company. The Company is focused on advancing its Zeus Lithium Project (Zeus) in Clayton Valley, Nevada. The Zeus consists of 146 placer claims and 136 lode claims. The Zeus property is approximately halfway between Las Vegas and Reno; and within two kilometers of Albemarle Corporation’s lithium brine producing operations (Silver Peak Mine). The perimeter of the Zeus claims is located within 1-mile (1.6 kilometers) of Albemarle Corporation’s (Albemarle’s) lithium brine operations. The property is comprised of 1,133 hectares which is the equivalent of 2,800 acres. The Zeus project indicated resource estimate of 5.17 million tons (Mt) LCE (1,034 Mt at 941 ppm lithium), and Inferred Resources of 1.09 Mt LCE (235 Mt at 871 ppm lithium).


TSXV:NRM - Post by User

Bullboard Posts
Post by Proster649on Jun 09, 2016 7:27am
135 Views
Post# 24949520

Noram Completes Initial Sampling Program On Its Lithium Brin

Noram Completes Initial Sampling Program On Its Lithium BrinVANCOUVER, BC / ACCESSWIRE / June 9, 2016 / Noram Ventures Inc. (TSX-Venture: NRM and Frankfurt: N7R) ("Noram" or the "Company") is pleased to report initial sampling results from the 100% owned South Block Extension of its Clayton Valley Lithium Project, which is located adjacent to Pure Energy's lithium project and south of Albermarle's Silver Peak mine that is North America's only producer of lithium carbonate and lithium hydroxide. The South Block Extension, recently acquired by staking through Noram's wholly owned subsidiary Green Energy Resources, consists of 550 claims in three claim groups (Zeus, Hades and Spartan) and covers approximately 10,740 acres (see Figure 1 and news releases of May 26, 2016 and June 7, 2016). The initial sampling program consisted of 16 grab samples taken from claystone outcrops within the Zeus and Spartan claims. Assay results ranged from 49 to 760 ppm Li with an average value of 289 ppm Li. Assays were conducted with an MS-ICP analysis package by ALS in Reno, Nevada.
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