Noram Lithium - Final Phase VII Drill Results for Zeus - Seite 2

Assay results from the first two holes of the program, CVZ-082 and CVZ-083, were previously released (see news release dated January 16, 2024) and showed step out drilling to the north-west has validated the geological model and expanded upon the known high-grade core of the deposit.

Assay results from three further holes, CVZ-087, 088 and 089, were released (see news release January 25, 2024). These holes showed deeper drilling in the high-grade core had extended the high-grade mineralization, concentrated in the black, sulphidic clay layer below previous drilling depth.

Assay results from the four holes highlighted above confirm and expand on the previously announced holes in the high grade core.

With all results now received, the Company expects to update its Mineral Resource Estimate based on the Phase VII drilling and the geological modelling work completed in Q3 2023.

Foto: Accesswire

Figure 1 - Map showing location of the drill holes
and cross sections in Figures 2 and 3 below.

Foto: Accesswire

Figure 2 - Geological cross section of the Zeus deposit North-West to South-East.

Foto: Accesswire

Figure 3 - Geological cross section of the Zeus deposit South-West to North-East.

For additional information:
Investor Relations at [e-mail]
Website: www.noramlithiumcorp.com

ON BEHALF OF THE BOARD OF DIRECTORS
Cyrus Driver
Interim Chair

About Noram Lithium Corp.

Noram Lithium Corp. (TSXV: NRM | OTCQB: NRVTF | Frankfurt: N7R) is focusing on advancing its 100%-owned Zeus Lithium Project located in Clayton Valley, Nevada an emerging lithium hub within the United States. With the upsurge in the electric vehicle and energy storage markets the Company aims to become a key participant in the domestic supply of lithium in the United States. The Company is committed to creating shareholder value through the strategic allocation of capital.

Qualified Person and QA/QC

The technical information contained in this news release has been reviewed and approved by Brad Peek, M.Sc., CPG, who is a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, and also Vice President of Exploration for Noram.

The sampling of, and assay data from, the drill core is monitored through the implementation of a quality assurance - quality control (QA-QC) program designed to follow industry best practice. Drill core samples are selected by the geologists and cut in half at the project site. Half of the core is retained at the site for reference purposes. Sample intervals may vary from 0.5 to 1.5 metres in length depending on the geological observations. A formal chain-of-custody procedure was adopted for security of samples until their delivery at the laboratory. ALS Laboratories Limited (located in Reno, Nevada) was utilized for assay analyses. Noram inserts blanks and certified reference standards in the sample sequence for quality control.