HECTOR LODE LITHIUM PROJECT
Noram recently acquired 116 lithium mineral claims comprising 2,320 acres in San Bernardino County, California. The claims are located in the same geological formation as the Hector Bentonite Mine No. 1.
The project is situated in the southern Mojave Desert, 35 miles (56 km) southeast of the city of Barstow in San Bernardino County, California; and Interstate Highway 40 runs through the southern portion of the claim group. The area of interest has seen a long history of mining for bentonite clays dating back to 1931. The sedimentary sequence at the Hector Mine can be seen in outcrop to the north on the Hector Lode Claims. Initial surface sampling has been completed (see October 19, 2016 news release) and based on the results a more extensive sampling and geological mapping program is recommended to understand and expand on these initial results, and define which areas contain the highest lithium values.
Two references were found in the literature which provided analyses of the Hector clays. One was Ames, et al (1958) which yielded a Li2O value of 1.14% from the Hector Mine area. The other reference was Foshag and Woodward (1936) which gave Li2O values of 1.12% and 0.60%, also from the Mine area. These analyses are both from the southern area of the claim group.
- Proven presence of lithium in Hectorite clays;
- Published reports indicate lithium values greater than 1% Li2O (10,000 ppm);
- Material is currently being mined on adjacent ground as bentonite/hectorite clays;
- Close to infrastructure (power, transportation and labor);
- Stable political environment;
- Surface sampling results confirm lithium in the mineralizing system as documented in historical reports;
- Geological mapping and sampling has provided a much clearer direction leading up to the Phase l core drilling program.
Noram’s President Mark Ireton said, “This acquisition adds to our large land position in the Clayton Valley and will provide additional high-grade lithium production opportunities, near term. With lithium prices having risen significantly since 2015 and demand for lithium and graphite expected to continue to expand, Noram is well positioned to play a significant role in the Green Energy Revolution. Our focus is not only on finding and developing lithium and graphite deposits, but also on sourcing and supporting new, environmentally-friendly, processing techniques to produce our lithium and graphite products.”
Strategy is to Build a Multinational Lithium-Graphite Industrial Minerals Company