Business
Drill Results Confirm Thick Intervals of Graphite, Near Surface, at Noram Ventures Kokanee Property in British Columbia
Drill Results Confirm Thick Intervals of Graphite, Near Surface, at Noram Ventures Kokanee Pro...
About this update from Noram Lithium Corp
[{"type":"text","content":"\nDrill Results Confirm Thick Intervals of Graphite, Near Surface, at Noram Ventures Kokanee Property in British Columbia\n\nDrill Results Confirm Thick Intervals of Graphite, Near Surface, at Noram Ventures Kokanee Property in British Columbia\nInfrastructure for a quarry mining operation is readily accessible in the area\nVancouver, British Columbia CANADA, January 30, 2013 /FSC/ - Noram Ventures Inc. (NRM - TSX Venture)(\"Noram\" or the \"Company\")is pleased to report assay results from the initial drilling program completed on the Kokanee Flake-Graphite Property, located ~50 kilometers (km) northeast of the city of Nelson, British Columbia.\nThe objective of the drill program was to establish the potential of a flake-graphite deposit being present on the Kokanee Property. Surface exposures and an electromagnetic anomaly indicate a graphite-bearing horizon in early Palaeozoic metamorphosed sediments over a 2km strike length and up to 200 meters (m) wide. Surface samples collected from this zone have shown grades ranging from 0.70 to 7% graphite. Six NQ diamond drill holes, totaling 1,376m, were completed over a 1,200m strike length of the zone. \nThe drilling was successful in meeting its objectives. All holes intersected significant graphite mineralization, and preliminary results indicate the possibility of a continuous zone of mineralization over the full 1,200m strike length drilled. Drilling projects a down-dip depth of 150 to 200m and the zone is open in both directions along the 2km strike length.\n Assay intervals from the first three drill holes at various cut-offs include:\n-***-\n-----------------------------------------\n   DDH     From   To   Core Length   Cg %\n                         (m)*\nKD12-001   78.0  148.2    70.2       1.53\nincluding  56.7  66.8     8.1        2.36\nand        84.1  111.6    27.5       1.75\nKD12-002   88.4  154.0    65.6&#...