Noram Successfully Permitted for 5 Additional Holes to Depths of 500 ft (152 m): Drills CVZ-64 to a Depth of 422 ft (129 m)

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[{"type":"text","content":"Noram Successfully Permitted for 5 Additional Holes to Depths of 500 ft (152 m): Drills CVZ-64 to a Depth of 422 ft (129 m)VANCOUVER, BC / ACCESSWIRE / December 17, 2020 / Noram Ventures Inc. (\"Noram\" or the \"Company\") (TSX-V:NRM)(Frankfurt:N7R)(OTCQB:NRVTF) is pleased to announce that the Company has received approval from the Bureau of Land Management (\"BLM\") to complete an additional 5 holes up to depths of 500 ft as part of the Phase V Drill Program. As a result of successfully drilling the longest intersections to date during this campaign, the permitting depth was increased from 400 ft (122 m) to 500 ft (152 m).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. CVZ-64 was completed at a depth of 422 ft (129 m) and potentially mineralized claystone was apparent near surface at 22 ft (7 m). It contained approximately 240 ft (73 m) of promising claystones of olive, black and blue colors. These type clays have contained high lithium values in drill holes from past Zeus Project drilling campaigns. CVZ-64 had olive clays from 22 - 109ft (7 - 33m), black and blue claystones from 109 - 212 ft (33 - 65 m) and blue claystones from 212 - 268 ft (65 - 82 m). Below this, the core hole intersected variably colored claystones that were gray, brown, blue and olive in color. This hole is out in an area that has not been tested by drilling to these depths, so it is unknown whether the lower units (below 268 ft) will contain the higher lithium grades anticipated for the upper part of this drill hole.\"Holes CVZ-63 and CVZ-64 were both drilled near the northeastern extent of the Zeus property. It is encouraging to note that both drill holes contain substantial thicknesses of the same claystones that were used to define the previously reported indicated and inferred lithium resource tonnages. Since the claystones are blanket-like lakebed sediments, these two drill holes establish that the claystones are present from the southwest to the northeast corners of the Zeus property, a distance of approximately 4 kilometers\" commented Brad Peek, consulting geologist and Qualified Person for this and all 4 of the previ...

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