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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 sdhakaon Jun 18, 2024 5:43pm
144 Views
Post# 36094919

This is Great News for Noram Lithium!

This is Great News for Noram Lithium!
Just saw the news about the updated resource estimate for the Zeus project. Sounds like they found a really good zone with much higher lithium content (over 1,100 ppm Li!) than usual. This could be a game-changer for the project by potentially lowering operating costs.
 
Fundamental Research Corp's analysts are already excited and digging into the details.
 
They're putting together a full report, but this is a positive sign for Noram Lithium's future. 
 
Anyone else following this news? What do you all think about the impact on the stock price?
 
 
Disclaimer: FRC provides issuer-paid coverage. Past performance is not indicative of future results.
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