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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

Post by lithomonon Nov 13, 2020 11:39am
812 Views
Post# 31895283

Is Tesla Buying This Project Up too.

Is Tesla Buying This Project Up too.Tesla Just secured a LONG Time supply of Lithium from the Canadian North via contract with Livent (Lithium Chemical Company) who is now Buying into the Quebec Lithium assets (the former Nemaska developments & Lithium resources).

Livent has strong guidance of the coming shortfall for Battery Grade Lithium Hydroxide, especially with the Biden EV Green Plan Transitioning-in across America and around the world.

The Clayton Valley projects are clearly a bullseye target for Tesla's Lithium development plans, in particular the Cypress-Noram projects probably next on the acquisition trail.

The Livent - Nemaska purchase mostly takes those Lithium resources off the market which leaves mainly 2 other well developed "Canadian" hardrock Lithium developments in play (Critical Elements & Frontier Lithium) where "Critical" is anticipated to receive Quebec Government permitting shortly and Frontier recently demonstrated its high quality lab production of Battery Grade Lithium Hydroxide (at the Canadian Glencore processing facilities) from Frontier'sbHigh Grade, high purity Lithium deposit(s) in the Canadian north.
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