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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 metalhead666on Dec 22, 2021 2:24pm
178 Views
Post# 34255517

RE:RE:RE:RE:CYP Huge News, Lithium Extraction Working as Planned. 2.00

RE:RE:RE:RE:CYP Huge News, Lithium Extraction Working as Planned. 2.00I would urge any of you taken in by the land rush in the Clayton Valley to call them all up and inquire about water. I can't say with certainty but my sense is that ONLY Cypress Development will go into production and all the other wannabes will go bust. I'm not an expert but I'm coming up to speed on this and I'm certain that no matter how big a lithium clay resource any of them have...if they can't get water rights they're all going bust.  To my knowledge only Cypress has water rights. Albermarle has all the others under their thumb and more likely than not will crush them all to lithium clay dust in due time.  The lithium rock is there...no question about it but water is more important now. Don't just buy the lot of them....you have to be certain of the water or you'll lose it all. 
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