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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

Post by glasradoon Nov 21, 2023 7:12am
193 Views
Post# 35745852

News.

News.

 

Noram begins phase 7 drilling at Zeus

2023-11-21 00:05 ET - News Release

Mr. Greg McCunn reports

NORAM COMMENCES PHASE VII DRILL CAMPAIGN TO PURSUE HIGH GRADE LAYER AT DEPTH

Noram Lithium Corp. has received final permits from Nevada's Bureau of Land Management for a 10-hole infill resource development program focused on testing for the presence of a second high-grade layer, increasing the drill density in the high-grade core of the deposit and complete stepout drilling to the southeast and northwest to validate the geological model.

"The company has engaged Titan Drilling Ltd. of Elko, Nev., who does exceptional work and is familiar with the project as they have worked with us on the Zeus property previously. Drilling has commenced at CVZ-82, and we expect to update shareholders in the forthcoming weeks with information as it comes it. We are incredibly fortunate to possess the kind of project. After six prior very successful programs, Noram has consistently been able to visually identify high-grade zones of mineralization as the core is being removed and subsequently confirm with assay results. Based on coloration, we know whether we are headed in the right direction. This is one incredible advantage of a project like this one," stated Sandy MacDougall, executive chairman and director. "We are expecting some very exciting updates in the near future as we are just beginning to understand the size and extent of this resource."

About Noram Lithium Corp.

Noram (TSX Venture Exchange: NRM and OTCQB: NRVTF and Frankfurt Stock Exhange: N7R) is focusing on advancing its 100-per-cent-owned Zeus lithium project located in Clayton Valley, Nevada, an emerging lithium hub within the United States.

Qualified person

The technical information contained in this news release has been reviewed and approved by Greg McCunn, BASc, PEng, who is a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects), also chief executive officer for Noram.

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