Noram Ventures (TSX-V: NRM / OTCBB US: NRVTF / Frankfurt GR: N7R) is a junior mining exploration company, based in Vancouver; B.C. Noram’s principal focus is to acquire and advance lithium properties globally, with its flagship property located in Clayton Valley, Nevada.
Zeus Property, Clayton Valley
The Zeus property is approximately halfway between Las Vegas and Reno; and within two kilometers of Albemarle Corporation’s lithium brine producing operations (Silver Peak Mine). The property is comprised of 1,214 hectares which is the equivalent of 3,000 acres.
The Zeus Property has an Inferred Mineral Resource of approximately 17 million metric tonnes at a grade of about 1,060 ppm Li, which equates to 96,476 Lithium Carbonate Equivalent (“LCE”).
Effective Date: July 24, 2017, N.I. 43-101 Report. The Technical Report includes a detailed review of the exploration work completed to date, an inferred resource estimate, interpretations and conclusions, and recommendations for the next phases of work.
Qualified Person: Bradley C. Peek, MSc., CPG
Qualified Person: Raymond P. Spanjers, MSc, RPG
Arizaro East Property, Lithium Triangle
The Arizaro East Property is located in the eastern sector of the Salar de Arizaro in the department Los Andes - Province of Salta, Argentina. This is within the well-known lithium triangle about 22 km southwest of the town of Tolar Grande. Noram’s Arizaro East project covers 2,709 hectares (approximately 6,694 acres) hosting lithium brine-clay prospects.