Noram Lithium Corp V.NRM

Alternate Symbol(s): NRVTF

Metals & Mining Silver

Noram Lithium Corp. is Canadian junior exploration and development company. The Company is focused on advancing its Zeus Lithium Project (Zeus) to production in Nevada. 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 property is comprised of 1,133 hectares which is the equivalent of 2,800 acres. Zeus consists of approximately 146 placer claims and 136 lode claims. The perimeter of the Zeus claims is located within 1-mile (1.6 kilometers) of Albemarle Corporation's (Albemarle's) lithium brine operations. Lithium is produced at Albemarle’s plant from deep wells that pump brines from the basin beneath the Clayton Valley playa.

TSXV:NRM - Post by User

Noram Lithium Corp

Bullboard Posts

Comment by MurrayMacon Jul 22, 2016 10:08am

128 Views

Post# 25075493

RE:RE:RE:RE:10 cents soon....

SizzlinSteaks wrote: Market is slow to react on this one.

SizzlinSteaks, are you not curious as to why someone would drill a rather large hole, test it.......and then abandon it soon after? After all, it is only five kilometers from Silver Peak.

Sure there is a good lithium content, but it is not brine!

There is still no known economic process for the extraction of lithium from clay. Bacanora will be producing a clay Feasibility Study in early 2017, perhaps that could shed some light on the viability of a clay deposit. Western Lithium spent much time and money on finding an economical flow sheet for lithium clay extraction, but without much success.

But without a doubt, this is why you are not seeing the rally you long for.

Bullboard Posts

Canadian government to fund Electric Royalties portfolio property