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 145 million metric tonnes at a grade of 1,145 ppm Li, which equates to 0.88 million tonnes Lithium Carbonate Equivalent (“LCE”).
Effective Date: February 20, 2019, N.I. 43-101 Report. Updated Inferred Lithium Mineral Resource Estimate, Zeus Project, Clayton Valley, Esmeralda Couty, Nevada, USA. 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: C. Tucker Barrie, Ph.D., P. Geo.
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.