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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 Jul 09, 2024 2:34pm
103 Views
Post# 36124820

Noram putting out an updated resource estimate

Noram putting out an updated resource estimate
Hey all! I just saw the news about Noram [NRM.V] putting out an updated resource estimate for their Zeus lithium project in Nevada. They're up over 130% this month as of July 8,2023, which is no surprise considering the news!
 
This project is right next door to Albermarle's Silver Peak mine, which is the only one currently producing lithium in the US. Big deal!  Noram seems to be getting things dialed in nicely with this updated resource estimate. They mentioned it should give them a more precise idea of what they're working with and help them identify the high-grade areas to target first.
 
I used this weekly report by FRC analysts that includes commentary on Noram Lithium Corp. Under the Top Pick Section: https://www.researchfrc.com/content/analyst-ideas/post/112/metal-and-stock-prices-rise-on-weaker-dollar-ai-heats-up-nuclear-power
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