NORAM LITHIUM CORP - NRVTF STOCK NEWS

Noram Lithium Corp. has announced a significant resource estimate update for its Zeus lithium property in Nevada, following the Phase V drill program. The new estimate reveals 363 million tonnes of lithium measured and indicated resources at 923 ppm lithium, and 827 million tonnes inferred at 884 ppm. This represents a 70% increase in measured and indicated resources and a 369% increase in inferred resources. The company also highlighted favorable mining conditions, low strip ratios, and a focus on environmentally friendly processing methods.

Noram Lithium Corp. has appointed Adam Falkoff to its Board of Directors, bringing over 20 years of experience in public policy and mining. The company aims to advance its Zeus Lithium Project in Nevada, which has a resource estimate of 124 million tonnes at 1136 ppm lithium. Falkoff's expertise is expected to enhance the company’s strategy amidst growing global demand for lithium, particularly for electric vehicle batteries. His leadership could position Noram as a significant supplier in the lithium market.

Noram Ventures Inc. has partnered with ABH Engineering to conduct a preliminary economic assessment (PEA) of the Zeus Lithium Project in Clayton Valley, Nevada. ABH, recognized as Canada’s fastest-growing mining engineering firm, will ensure compliance with NI 43-101 regulations. The project aims to evaluate production scenarios and enhance cash flow, capitalizing on rising lithium demand. Noram's Zeus Project holds a resource estimate of 124 million tonnes at 1136 ppm lithium for indicated resources and 77 million tonnes at 1045 ppm lithium in inferred resources.

Noram Ventures Inc. (TSXV:NRM, OTCQB:NRVTF) announced success in its Phase V drilling program at the Zeus property. Core hole CVZ-68 yielded remarkable assay results, featuring 398 feet of lithium mineralization at an average grade of 1018 ppm Li. Notably, a section of 250 feet averaged 1151 ppm Li. The findings will contribute to an updated NI 43-101 compliant resource calculation expected soon. Noram aims to develop lithium deposits, with a current resource estimate of 124 million tonnes at 1136 ppm lithium.

Noram Ventures Inc. announced assay results from its CVZ-67 drill hole, reaching a depth of 502 feet (153 m) in the Zeus Lithium Project located in Clayton Valley, Nevada. The hole exhibited promising lithium grades, with an average of 1000 ppm Li across a significant 220-foot (67.1 m) interval. Notably, the drill hole ended with a lithium grade of 1220 ppm Li, indicating an upward trend in lithium concentration with depth. These findings are expected to positively influence future resource calculations.

Noram Ventures Inc. has announced it is preparing an updated NI 43-101 compliant technical report that will include recent assay results and an expanded resource estimate for its Zeus Lithium Project in Nevada. This report aims to facilitate a Preliminary Economic Assessment by year-end. The project currently has 124 million tonnes of indicated lithium resources at 1136 ppm and 77 million tonnes of inferred resources at 1045 ppm. Additionally, CEO Tucker Barrie has stepped down at the Board's request.

Noram Ventures Inc. (OTCQB: NRVTF) announces progress on its Phase 5 drill program, completing 8 of 12 planned holes at a depth of 500 ft. High-grade lithium claystone was encountered, indicating positive results for the upcoming resource estimate. The average lithium grade from recent drillings is 1116 ppm over a thickness of 71.1m. The company expects to add approximately 4 km² to its resources, fueled by rising global lithium prices and anticipated demand for lithium-ion batteries. An updated resource estimate and a Preliminary Economic Assessment is planned for 2021.

Noram Ventures Inc. has successfully completed drilling core hole CVZ-66 at a depth of 462 feet, significantly expanding its lithium resource at the Zeus Property in Clayton Valley. The drilling revealed an interval thickness of 220 feet with mineralization still present at depths of 500 feet. The company reports some of the deepest and thickest high-grade lithium intersections in the area, with consistent lithium grades across various claystone types. Current estimates show 124 million tonnes at 1136 ppm lithium as Indicated Resource and 77 million tonnes at 1045 ppm as Inferred Resource.