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Noram Receives Results for CVZ-81 with High-Grade Long Intercept of 330ft with Weighted Average 1169 ppm Li and Li High of 1810 ppm
VANCOUVER, BC / ACCESSWIRE / June 30, 2022 / S andy MacDougall, CEO of Noram Lithium Corp. (...
About this update from Noram Lithium Corp
[{"type":"text","content":"Noram Receives Results for CVZ-81 with High-Grade Long Intercept of 330ft with Weighted Average 1169 ppm Li and Li High of 1810 ppmVANCOUVER, BC / ACCESSWIRE / June 30, 2022 / S andy MacDougall, CEO of Noram Lithium Corp. (\" Noram \" or the \" Company \") (TSXV:NRM | OTCQB:NRVTF | Frankfurt:N7R) is pleased to announce the successful completion of CVZ-81 (PH-03) and release of the final assay results. The Company completed core hole CVZ-81 at a depth of 451.5 feet (137.6 m). Sampling for assay began at 55 ft (16.8 m) and continued to the bottom of the hole, an interval thickness of 416.5 ft (126.9 m) was intersected. The hole ended in mineralization and the weighted average lithium values present were as follows:CVZ-81 was the last hole drilled in Noram's Phase VI drilling program and had better than expected results, as did most of the holes in this in-fill drilling program. Now that the final assays are in, efforts are being focused on updating the geological/lithium grade models to be used in the upcoming PFS. The grades and thicknesses of mineralization seen in the Phase VI holes are anticipated to substantially improve the outlook for the Zeus deposit and upgrade approximately 175 million tonnes of the deposit from the inferred resource category to indicated resource.\" comments Brad Peek, VP of Exploration and geologist on all six phases of Noram's Clayton Valley exploration drilling.Figure 1. Comparative stratigraphy and assay results for drill hole CVZ-81 as compared to CVZ-78 and CVZ-68, which were drilled as part of the Phases V and VI programs. As can be seen on the cross section, all 3 holes had long intercepts of high-grade lithium mineralization. The histogram on the sides of the holes are the composited lithium grades in ppm Li. The cross section has a 4X vertical exaggeration. Hole IDSample No.From (ft)To(ft)From(m)To(m)Li(ppm)CVZ-811851338354510.713.7960CVZ-811851339455513.716.8710CVZ-811851340556516.819.8830CVZ-811851341657519.822.9750CVZ-811851342758522.925.9950CVZ-811851343859525.929.0820CVZ-8118513449510729.032.61000CVZ-81185134510711832.636.0800CVZ-81185134611812336.037.51020CVZ-81No Sample123124.537.537.9 CVZ-811851347124.513537.941.1950CVZ-81185134813514541.144.21140CVZ-81185134914515544.247.21110CVZ-81185135015516547.250.31100CVZ-81185135116517550.353.31750CVZ-81185135317518553.356.41450CVZ-8118513541851...