Sandy MacDougall, CEO of Noram Lithium Corp. is pleased to report that the Company has completed hole CVZ-70 on its Zeus lithium clay deposit in Nevada to a total depth of 463 ft . When logging and visual inspection of the core was completed, it was noted that mineralization appeared immediately near surface and extended down to approximately 387.0 ft for a total intersection of 380ft . Figure 1 shows the Zeus project [...]
Sandy MacDougall, CEO of Noram Lithium Corp. reports the appointment of Bradley C. Peek, M.Sc., CPG as Vice President of Exploration. In addition, the Company has received final permits from Nevada's Bureau of Land Management for a 12-hole in-fill resource development program focused on upgrading a portion of an existing Inferred resource to the Indicated category at its high-grade Zeus Lithium Project. The current [...]
Sandy MacDougall, CEO of Noram Lithium Corp. reports that it has closed its US$14.0 million strategic financing with Lithium Royalty Corp. and Waratah Capital Advisors Ltd. . The Transaction consisted of the purchase of a 1.0% gross overriding royalty on the Company's high-grade Zeus Lithium Project in Clayton Valley, Nevada for US$5.0 million and a concurrent strategic equity investment through a US$9.0 million private [...]
Noram Lithium Corp. is pleased to announce that it has entered into a binding letter of intent , dated February 4, 2022, in connection with a proposed royalty sale and equity investment , Lithium Royalty Corp. and the Waratah Electrification and Decarbonization AIE LP . The Investment consists of the purchase of a 1.0% gross overriding royalty on its wholly-owned high-grade Zeus Lithium Project in Clayton Valley, Nevada [...]
Noram Lithium Corp. today announced the summary results of a National Instrument 43-101 compliant Preliminary Economic Assessment for the high-grade lithium deposit at its wholly-owned Zeus Lithium Project located less than 1 mile from Albermarle's Silver Peak Mine, which is currently the only lithium production facility in the United States. The PEA was prepared by ABH Engineering an independent engineering services firm [...]
The SNN Network Canada Virtual Event will take place on December 7-9, 2021, where 70 SmallCap, MicroCap and NanoCap public and private companies will be presenting via virtual webcast to a global investor audience. The SNN Network Canada Virtual Event begins on Tuesday, December 7, 2021 with the "MicroCap Investing Workshop" starting at 8:00am EST and featuring well-known financial influencers, investors, fund managers [...]
Noram Lithium announced the appointment of Peter A. Ball as President and Chief Operating Officer. The addition of Mr. Ball strengthens Noram's Senior Management team as its 100%-owned Zeus Lithium Project in Nevada continues to transition from an advanced exploration project to a potential company-making development-stage asset with the imminent completion of its Preliminary Economic Assessment . "We are excited to have [...]
Noram Lithium is pleased to announce that it continues to advance the Preliminary Economic Assessment for its wholly-owned Zeus Lithium Project, and is on schedule for release in Q4, 2021 in collaboration with ABH Engineering. After releasing its updated resource estimate on September 21, 2021 the Company and its team of technical experts were able to interpret and develop additional data on the Project to be included in [...]
Noram Lithium Corp. announced a new resource estimate, following the Phase V drill program on the Zeus lithium claystone property located within 2km of Albemarle's Silver Peak lithium mine in Clayton Valley, Nevada. At a 400 ppm lithium cut-off, the Zeus deposit now has 363 million tonnes at 923 ppm lithium measured + indicated resources, and 827 million tonnes lithium at 884 ppm lithium inferred resource. A substantial [...]
Noram Lithium Corp. announced today the appointment of public policy and mining industry veteran Adam Falkoff to its Board of Directors. "We are privileged to add a highly respected, purpose-driven leader with a proven, long-term track record of success in public policy and consulting to Noram's Board," stated Sandy McDougall, President and CEO of Noram. "His significant experience in the fields of mining, public office [...]
Noram Ventures Inc. is pleased to announce that the Company has engaged ABH Engineering to complete a preliminary economic assessment of the Zeus Project. ABH Engineering is Canada's fastest growing mining engineering company, focused on mineral processing and advancing mining projects. ABH is currently performing several NI 43-101, JORC, and S-K 1300 compliant reports, as well as numerous smaller projects and studies [...]
Noram Ventures Inc. is pleased to announce the results from core hole CVZ-68 are the final assay results from Noram Ventures' Phase V drilling program. The hole provided what is believed to be the best assay results for the Zeus property to date. It contained 398 feet from 109-506 feet at an average grade of 1018 ppm Li. This interval included 250 ft from 216-466 ft with an average of 1151 ppm Li. Figure 1a) Strip Log of [...]