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Noram Delivers Highest Lithium Values to Date from Its Clayton Valley Project
Vancouver, British Columbia (FSCwire) - Noram Ventures Inc. (TSX-V: NRM and Frankfurt: N7R) ("Noram" or the "Company") is pleased to announce the completion of
About this update from Noram Lithium Corp
[{"type":"text","content":"Vancouver, British Columbia (FSCwire) - Noram Ventures Inc. (TSX-V: NRM and Frankfurt: N7R) (\"Noram\" or the \"Company\") is pleased to announce the completion of Phase II sampling on the Zeus claim group portion of its Clayton Valley Lithium Project (see Figure 1). The Zeus claim group is located within two kilometers of Albemarle’s Silver Peak Lithium Mine that has been in production since 1966 and is the only lithium brine production operation in North America. The results shown below (see table 1) reinforce the initial sample results from the Zeus claim group (see table 2 and news release of June 9th, 2016) that indicate a lithium enriched evaporite rock sequence. The samples show an average of approximately 750 ppm lithium from all samples taken over the 1,200 metre long by 800 metre wide area with values as high as 1,670 ppm Li in the claystones. This large area of strong lithium mineralization as identified in the central Zeus claims is contained within a broad low profiled valley that lies at marginally higher elevation than the immediately adjacent (valley bottom) properties, where lithium brine production and exploration is ongoing by other parties. Noram’s independent technical consultant, Bradley C. Peek, MSc and Certified Professional Geologist said: “The results from the Phase II sampling continue to indicate that Noram’s Zeus claims are extremely favorable, both for the lithium brine potential and for the potential of the Tertiary Esmeralda Formation. The brine potential is established by professional geologic reports and by the proximity of the Zeus claims to the only lithium brine production in North America.” It is important to note that these Phase II samples are primarily vertical chip samples. Of the 15 samples reported below, 13 are vertical chips and only two are grab samples. The vertical chips range from two feet to 10 feet in length and most are “stacked”, in that the samples were taken stratigraphically above or below the previous sample. With this type of sampling the variability in sample values between beds can be ascertained. Table 1 – Second Round Sample Results Sample Type Laboratory Results K Li Mg Na P Sr Sample ID Description (%) (PPM) (%) (%) (%) (PPM) ZS-2-008 Greenish tan tuffaceous siltstone. Punky in some layers, hard in others.&nb...