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Noram Ventures Inc.
Summary
| Project: | Clayton Valley | |
|---|---|---|
| Deposit: | Zeus | |
| Location: | United States | |
| Commodities: | Lithium | |
| Date: | 1/15/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-1-2020: Noram Ventures Inc. announces an Exploration/Drilling Update report for its Zeus deposit at the Clayton Valley project. Drilling results incl. 104.4m @ 1072ppm Li (weighted average). Vancouver, British Columbia – January 15, 2020 – Noram Ventur | |
| Resources: | (Resource, Inf.): 145Mt @ 1145ppm Li | |
| CP/QP: | [Overall Report]: Bradley C. Peek (Not stated) | |
| ABSTRACT: | Vancouver, British Columbia – January 15, 2020 – Noram Ventures Inc. (“Noram”) (TSX - Venture: NRM / Frankfurt: N7R / OTCPINK: NRVTF) is pleased to announce the results for three of six drill holes completed during the November 2019 Phase IV drill program on the Zeus lithium claystone property. The results for drill holes 47, 50 and 53 are given in table 1 below and shown in simplified drill logs in figure 2. Drill hole 47 returned results of 29 meters at 1164 ppm Li, and drill hole 53 showed 54.9 m at 1186 ppm Li immediately below the 2019-02 inferred resource. These values are higher than the current inferred resource of 145 million tonnes at 1145 ppm Li (900 ppm cutoff: Peek and Barrie, 2019, see www.noramventures.com). | |
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