VANCOUVER, BC / ACCESSWIRE / January 21, 2021 / Noram Ventures Inc. ("Noram" or the "Company") (TSXV:NRM)(FSE:N7R)(OTCQB:NRVTF) is pleased to announce the completion of its 6th hole of the Phase V 12-hole drill program. CVZ-66 was completed to a depth of 462ft and is one of the four deepest holes drilled to date showing mineralization below 400ft. An intersection of approximately 301 ft of favourable claystones was evident and drilling ended in blue claystone which has been shown in past programs to host significant amounts of lithium.
Figure 1a) Strip Log of CVZ-66 outlining the various claystone types encountered at depth from the surface to 462ft b) Zeus Property map showing a) location of current Indicated and Inferred resources at >900ppm Li cut-off; b) location of drill sites completed or in progress (seen in green) to date for the Phase V 2020 program. Proposed drill sites not yet explored indicated in white.
| From (ft) | To (ft) | Lithology |
| 0 | 122 | Surface Gravel |
| 122 | 161 | Brown Sandy Mudstone |
| 161 | 213 | Olive Claystone/Mudstone |
| 213 | 269 | Blue Claystone/Mudstone |
| 269 | 342 | Blue-Black Claystone/Mudstone |
| 342 | 462 | Blue Claystone/Mudstone |
Table 1 - Summary of Figure 1a Strip Log, describing the lithologies of CVZ-66 from surface to depth of 462ft.
"This is an important drill hole for Noram. The Company has not previously drilled in this area, nor at these depths; consequently, the results will significantly impact the resource modelling. From visual inspection alone, it appears that CVZ-66 once again confirms our theories on the uniform presence of the lakebed claystone deposits over a huge area or Noram's claim block" commented Brad Peek, consulting geologist and Qualified Person for this and all 4 of the previous drilling phases of Noram's Zeus lithium property