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Noram Ventures Inc. Announces Results of the Phase III Core Drilling Program on its Zeus Lithium Project, Clayton Valley, Nevada, USA
VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / January 29, 2019 / Noram Ventures Inc. ("Noram") (TSX - Venture: NRM / Frankfurt: N7R / OTC PINK: NRVTF has completed
About this update from Noram Lithium Corp
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / January 29, 2019 / Noram Ventures Inc. (\"Noram\") (TSX - Venture: NRM / Frankfurt: N7R / OTC PINK: NRVTF has completed the drilling of 15 core holes in Clayton Valley for its Phase III drilling program. All but three holes reached their targeted depth of 100 feet (30.5 meters). The average hole depth was 29.2 meters, and a total of 437.4 meters were drilled. The holes were limited to depths of 30.5 meters with the idea of deepening the more encouraging ones at a later date. Preliminary indications are that the the favorable lithium clay horizon continues to the northwest and south of the previously drilled areas (see figure 1 below), and that Noram will want to deepen most of the Phase III holes. Initial results of the drill hole assays are given in Table 1. TABLE 1 PHASE III DRILLING HIGHLIGHTS From To Interval Interval Li Drill Hole (ft) (ft) (ft) (m) (ppm) CVZ-45 0 100 100 30.5 1104 CVZ-47 15 100 85 25.9 1092 CVZ-48 0 80 80 24.4 1002 CVZ-50 10 60 50 15.2 1064 CVZ-51 2 100 98 29.9 1099 CVZ-52 0 95 95 29.0 1112 CVZ-53 9.5 100 90.5 27.6 1043 The drilling was accomplished using a BQ wireline rig between November 17 and December 12, 2018. All of the core holes were vertical. The core was split on-site and sent to ALS Laboratories in Reno, Nevada for analysis using a four acid digestion and MS-ICP analyzers. Table 2 lists the coordinates and depths of each hole. Table 2 PHASE III DRILLING Drill Hole Location Data Collar Easting Northing Elevation Depth Drill Hole (UTM) (UTM) (m) (m) CVZ-45 455144.0 4180957.1 1345.5 30.5 CVZ-46 454947.4 4181349.6 1332.4 30.5 CVZ-47 454428.1 4181371.2 1325.4 30.5 CVZ-48 453981.5 4181251.7 1313.1 30.5 CVZ-49R 453831.7 4180875.7 1323.4 18.3 CVZ-50 454402.5 4180920.2 1337.4 30.5 CVZ-51 455248.7 4179668.0 1366.3 30.5 CVZ-52 455350.8 4180166.6 1357.7 29.0 CVZ-53 455920.8 4180129.3 1378.5 30.5 CVZ-54 454168.0 4181660.0 1325.0 30.5 CVZ-55 455253.2 4181703.6 1331.2 30.5 CVZ-56 454900.7 4181773.9 1325.5 30.5 CVZ-57 455527.3 4181474.1 1342.9 30.5 CVZ-58 456135.0 4181376.1 1363.1 30.5 CVZ-59 455908.6 4181869.3 1346.4 24.4 Average 29.2 Total 437.4 Figure 1. Location map showing the proximity of Noram's Zeus claim block in relation to the Albemarle facilities which have been produc...