NORAM COMPLETES ADDITIONAL SAMPLING ON HECTOR LODE LITHIUM PROJECT IN CALIFORNIA
Results confirm lithium in the mineralizing system as documented in historical reports
Vancouver, British Columbia – November 30, 2016 – Noram Ventures Inc. (TSX-V: NRM / Frankfurt: N7R / OTCBB: NRVTF) ("Noram" or the "Company") is pleased to report it has received additional sample results from its 100% owned Hector Lode Lithium Project, which is located adjacent to an existing bentonite/hectorite mine in San Bernardino County, California.
Bradley Peek, Noram’s independent geological consultant, had the following to say about the latest sampling program:
“The second round samples include HEC-022, HEC-023 and HEC-024 that were horizontal chip samples that assayed 900 ppm lithium (Li) over six feet, 620 Li over four feet and 345 ppm Li over five feet (Figure 1). Also, sample HEC-028, approximately 1000 feet (300 meters) to the west of HEC-022 through HEC-024, ran 334 ppm Li.
These samples indicate that there is lithium in the mineralizing system, as documented in the historical reports and noted in Noram’s previous news releases. Lessons learned from the second geological mapping and sampling phase provide a much clearer direction leading up to the Phase l core drilling program.”
The technical information contained in this news release has been reviewed and approved by Bradley C. Peek, MSc and Certified Professional Geologist, who is a Qualified Person with respect to Noram’s Hector Lode Claim Group Project as defined under National Instrument 43-101.
About Noram Ventures Inc.:
Noram Ventures Inc. (TSX-V: NRM / Frankfurt: N7R / OTCBB: NRVTF) is a Canadian based junior exploration company, with a goal of becoming a force in the Green Energy Revolution through the development of lithium and graphite deposits and becoming a low-cost supplier for the burgeoning lithium battery industry. The Company’s primary business focus since formation has been the exploration of mineral properties that include the Clayton Valley lithium project in Nevada, the Hector Lode lithium project in San Bernardino county, California and the Jumbo graphite project in southeastern British Columbia. Noram’s long term strategy is to build a multi-national lithium-graphite dominant industrial minerals company to produce and sell lithium and graphite into the markets of Europe, North America and Asia.
ON BEHALF OF THE BOARD OF DIRECTORS
/s/ “Mark R. Ireton”
President & Director
This news release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward looking statements; the uncertainty of future profitability; and the uncertainty of access to additional capital. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information should circumstance or management's estimates or opinions change.
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