Noram Lithium Corp V.NRM

Alternate Symbol(s): NRVTF

Metals & Mining Industrial Metals & Minerals

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).

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Noram Lithium Corp

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Post by Lithium100on Aug 31, 2021 12:07pm

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Post# 33788032

NRM to post new resource estimate soon -

NRM should post new resource estimate soon, based on 8 drill holes from recent drilling, all with long intervals of relatively high grade claystone. The footprint of recent drilling is about the same as current resource, and the volume added appears to be greater, given the long intervals. This, coupled with rising lithium prices - Li2CO3 at $15/kg now, should have significant impact -

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High-quality lithium projects in Argentina with drilling underway