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Noram Encounters Large Historical Bore Hole on Its Hades Lithium Claim Group in Nevada's Clayton Valley

VANCOUVER, BC / ACCESSWIRE / July 22, 2016 / Noram Ventures Inc. (TSX-V: NRM and Frankfurt: N7R) ("Noram" or the "Company") is pleased to report that a large pr

articleNoram Lithium CorpJuly 22, 20164/company/noram-lithium-corp/news/noram-encounters-large-historical-bore-hole-on-its-hades-lithium-claim-group-in-nevadas-clayton-valley
Noram Encounters Large Historical Bore Hole on Its Hades Lithium Claim Group in Nevada's Clayton Valley

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[{"type":"text","content":"VANCOUVER, BC / ACCESSWIRE / July 22, 2016 / Noram Ventures Inc. (TSX-V: NRM and Frankfurt: N7R) (\"Noram\" or the \"Company\") is pleased to report that a large previously drilled bore hole has been encountered during initial Phase I surface and sub-surface sampling on its Hades lithium/clay claim group (Photo 1). The Hades claim group is located ~5 kilometers south of Albemarle's Silver Peak Lithium Mine, which has been in production since 1966 and is the only lithium brine production operation in North America. The Phase I sampling program was carried out by Noram's independent technical consultant, Bradley Peek, MSc and PGeo, who encountered the 4+ foot diameter by ±200 foot bore hole and a surrounding spoils pile of claystone left behind from the boring process (Photo 2). A total of nine (±2 kg) samples were taken from around the spoils pile with initial sample results confirming the tan calcareous claystone is lithium-rich with values up to 1,030 ppm lithium. Visual observations indicate that the tan claystone extends down to at least 8 feet below the bore hole opening. Table 1 - Initial Sample Results SAMPLE DESCRIPTION      K %           Li ppm           Mg %           Mn ppm           Na %           P %           Sr ppm      HD-2-001 Tan, hard, calcareous claystone.      4.48 1030 1.97 653 0.56 0.05 607 HD-2-002 Tan, hard, calcareous claystone. 4.73 750 1.66 546 0.957 0.041 671 HD-2-003 Tan, hard, calcareous claystone. 3.98 1020 1.58 485 0.768 0.039 1745 The samples were crushed, split, a portion was pulverized and a one-gram aliquot analyzed by ALS Chemex method ME-MS61 (48 elements, including lithium, four-acid ICP-MS). These results indicate the potential for a large mass of lithium mineralized claystones commencing at surface and extending to yet unknown depths. Sub-surface exploration in the form of shallow drilling will be required to determine a preliminary resource estimate of the lithium and potassium contained within the near-surface area central to the Hades claim group. Additional surface sampling to expand the at-surface area of lithium mineralization is also expected in follow-up ...

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