VANCOUVER, BC / ACCESSWIRE / August 13, 2020 / Noram Ventures Inc. (“Noram”) (TSXV: NRM) (Frankfurt: N7R) (OTCPINK: NRVTF) is pleased to supply the locations of the transitional drilling holes for an autumn drilling program on the property of Zeus lithium clays.
The fall drilling program is designed to particularly increase the size of existing resources. Based on geological recognition mapping and sampling, it is known that favorable sets of clay from the Emerald Formation provide ownership, either on the surface or under a thin alluvial layer. The existing resource (900 ppm threshold) has a footprint of 2.5 square kilometers, and the existing drilling program covers approximately 2.5 more square kilometers (see Figure 1).
Figure 1. Location of proposed drilling wells for fall drilling in the eastern part of the Zeus lithium property, Clayton Valley, Nevada. Albemarle’s Silver Peak lithium evaporation basins are northwest, and Cypress Development’s Dean lithium clay deposit is southwest. The footprint of the proposed studies is almost equivalent to that of existing resources (0.75 million tonnes of CEU as indicated resources and 0.43 million tonnes of CEF as suspected resources: see Noram Ventures press release 2020-02-05).
Noram control is encouraged through construction at the lithium exploration and progression point in Clayton Valley in 2020. President C. Tucker Barrie commented: “In Noram, we look forward to expand our Zeus clay lithium deposit with this fall drilling campaign. See our neighbor Cypress Development with an expanded new resource estimate for your neighboring clay sandstone allocation, after posting a prefeasibility exam this year. We note that Pure Energy Minerals is advancing its lithium brine allocation without delay south of Silver Peak brine assets in Albemarle. Clayton Valley has a sixty-year history in lithium production for the chemical and ceramics industries and now for the lithium-ion battery and electric vehicle industries. We believe that these allocations have the prospect of continuing this lithium production story.”
The technical data contained in this press release reviewed and approved through C. Tucker Barrie, Ph.D., P. Geo., Who is a qualified user with respect to Clayton Valley Lithium’s assignment of Noram as explained in Regulation 43-101Array
About Noram Ventures Inc.
Noram Ventures Inc. (TSX – Venture: NRM/ Frankfurt: N7R / OTCPINK: NRVTF) is a Canadian-based junior exploration company for upcoming lithium deposits and a cheap supplier. Since its inception, the main activity of the company has been the exploration of mining projects. Noram’s long-term strategy is to create a multinational lithium mineral company to produce and sell lithium in the Markets of Europe, North America and Asia.
For more information, visit our online page: www.noramventures.com
ON BEHALF OF THE BOARD OF DIRECTORS
/ s / “C. Tucker Barrie, Ph.D., P. Geo.” Office of the President and CEO: (604) 553-2279
SOURCE: Noram Ventures Inc.