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Noram Lithium Corp V.NRM

Alternate Symbol(s):  NRVTF

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

Comment by yixteron Jan 21, 2021 8:21am
183 Views
Post# 32342852

RE:Noram Completes Latest Hole At Lithium Property, Encounters

RE:Noram Completes Latest Hole At Lithium Property, Encounters

issued a quick update this morning, announcing that it has completed drill hole CVZ-66 as part of its ongoing drill program. The hole is significant for the company, in that it was drilled to a depth of 462 feet, marking one of the deepest drill holes to date on the property, with 301 feet of the hole encountering favourable claystones.

Furthermore, the company noted that the drilling stopped within blue claystone, which has previously shown to host large amounts of lithium in past holes on the property. Drilling in the region of this hole had not previously been conducted, resulting in the data from this hole likely having a significant impact on the resource estimate for the property.

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