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Noram Receives Assay Results for CVZ-61 With High of 1860ppm: 260ft (79m) of 1130ppm From 107ft (32m) to 367ft (112m)
VANCOUVER, BC / ACCESSWIRE / December 15, 2020 / Noram Ventures Inc. ("Noram" or the "Compan...
About this update from Noram Lithium Corp
[{"type":"text","content":"Noram Receives Assay Results for CVZ-61 With High of 1860ppm: 260ft (79m) of 1130ppm From 107ft (32m) to 367ft (112m)VANCOUVER, BC / ACCESSWIRE / December 15, 2020 / Noram Ventures Inc. (\"Noram\" or the \"Company\") (TSXV:NRM)(FRA:N7R) OTCQB:NRVTF) is pleased to announce that the Company has received the assay results for drill hole CVZ-61 (shown below). Approximately 298ft (91m) of lithium claystone was intersected, of which, 260 ft (79m) ran an average of 1130ppm. This average is consistent with Noram's current resource estimate of 124 million tonnes at 1136 ppm lithium as Indicated Resources, and 77 million tonnes lithium at 1045 ppm lithium as Inferred Resources (900 ppm Li cut-off: 1.18 million tonnes lithium carbonate equivalent - \"LCE\") after the completion of the prior 4 phases of drilling.\"The completion of thick high-grade lithium claystone intersections such as CVZ-61 confirm our belief that the resource extends to the south beyond the currently defined resource area. These results will add substantially to the resource estimate and we anticipate the results for CVZ-62 and CVZ-63 to do the same\" commented Brad Peek, consulting geologist and Qualified Person for this and all 4 of the previous drilling phases of Noram's Zeus lithium property.Figure 1. Zeus Property map showing a) location of current Indicated and Inferred resources at >900ppm Li cut-off; b) location of drill sites completed or in progress (seen in green) to date for the Phase V 2020 program. Proposed drill sites not yet explored indicated in white. The summary of assay results is as follows:Hole IDSample No.From (ft)To (ft)Depth to Top (m)Depth to Base (m)Recvd Wt. (Kg)Li (ppm)CVZ-61171010117275.28.22.22540CVZ-61171010227378.211.32.32570CVZ-611710103374711.314.32.48640CVZ-611710104475714.317.42.89730CVZ-611710105576717.420.42.89870CVZ-611710106677720.423.50.18680CVZ-611710107778723.526.52.41680CVZ-611710108879726.529.62.74620CVZ-61No Sample9710729.632.6 CVZ-61171010910711732.635.71.59970CVZ-61171011011712735.738.72.5900CVZ-61171011112713738.741.81.18790CVZ-61171011213714741.844.83.11920CVZ-61171011314715744.847.92.831860CVZ-61171011415716747.950.92.631140CVZ-61171011516717750.953.92.37920CVZ-61171011617718753.957.02.881230CVZ-61171011718719757.060.00.89820CVZ-61171011819720760.063.12.791180 CVZ-61171012020721763.166.13.421480CVZ-6117101212172276...