Noram Lithium - Final Phase VII Drill Results for Zeus

VANCOUVER, BC / ACCESSWIRE / March 4, 2024 / Noram Lithium Corp. ("Noram" or the "Company") (TSXV:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) is providing a third and final update from its Phase VII drilling program underway at is 100% owned Zeus Lithium Project ("Zeus" or the "Project"), located in Clayton Valley, Nevada.

Highlights:

• CVZ-085
  • 86.3 meters at 1,108 ppm Li from 19.2 meters to 105.5 meters, including
  • 9.2 meters at 1,671 ppm Li from 55.6 meters to 64.8 meters.
• CVZ-086
  • 98.0 meters at 1,125 ppm Li from 1.1 meters to 99.1 meters, including
  • 2.8 meters at 2,234 ppm Li from 30.0 meters to 32.8 meters, and
  • 8.5 meters at 1,698 ppm Li from 37.8 meters to 46.3 meters.
• CVZ-090
  • 97.3 meters at 1,043 ppm Li from 2.5 meters to 99.8 meters, including
  • 3.0 meters at 1,620 ppm Li from 43.6 meters to 46.6 meters, and
  • 5.2 meters at 1,762 ppm Li from 53.8 meters to 59.0 meters.
• CVZ-091
  • 88.5 meters at 1,072 ppm Li from 6.6 meters to 95.1 meters, including
  • 7.7 meters at 1,689 ppm Li from 48.5 meters to 56.2 meters, and
  • 3.8 meters at 1,579 ppm Li from 64.0 meters to 67.8 meters.
• Strong continuity +1,000 ppm Li from surface down to 100 meters in the high-grade core.
• Consistent layer of high-grade (+1,500 ppm Li) material 2 to 10 meters thick over 2.5 kilometers of strike length along the high-grade core.

"The final set of results from the Phase VII drill program further proves our geological thesis for the Zeus deposit and has expanded the high-grade mineralization" stated Greg McCunn, CEO of Noram. "The high-grade core of the deposit shows excellent continuity over a volume of material 1km wide x 2.5km long and 100m deep, starting from surface. This volume will form the basis for our mine plan for the project engineering going forward, following an update to the Mineral Resource Estimate being compiled by SRK Consulting."

In November 2023, the Company announced a ten-hole drill program at Zeus which was designed to test for the presence of a second high-grade layer, increase the drill density in the high-grade core of the deposit and complete step-out drilling to the south-east and north-west to validate the geological model (see news release dated November 21, 2023). The drilling program was completed in late January with 10 holes drilled for a total of 2,060 meters of diamond core drilling (see Figure 1 for hole locations and Figures 2 and 3 for sections through the deposit).