Sunday, August 3, 2025

Latest

Noram Completes Latest Hole At Lithium Property, Encounters 301 Feet Of Claystones

Noram Ventures (TSXV: NRM) issued a quick update this morning, announcing that it has completed drill hole CVZ-66 as part of its ongoing drill program. The hole is significant for the company, in that it was drilled to a depth of 462 feet, marking one of the deepest drill holes to date on the property, with 301 feet of the hole encountering favourable claystones.

Furthermore, the company noted that the drilling stopped within blue claystone, which has previously shown to host large amounts of lithium in past holes on the property. Drilling in the region of this hole had not previously been conducted, resulting in the data from this hole likely having a significant impact on the resource estimate for the property.

Claystone was first encountered at a depth of 161 feet, with the company intersecting olive claystone at this level. The company then encountered blue claystone at 213 feet, with multiple variants of such claystone then being encountered through to a depth of 462 feet, at which point the drill stopped. Samples have since been sent for assaying on a rushed basis.

“This is an important drill hole for Noram. The Company has not previously drilled in this area, nor at these depths; consequently, the results will significantly impact the resource modelling. From visual inspection alone, it appears that CVZ-66 once again confirms our theories on the uniform presence of the lakebed claystone deposits over a huge area or Noram’s claim block.”

Brad Peek, Consulting Geologist

Noram Ventures last traded at $1.05 on the TSX Venture.


FULL DISCLOSURE: Noram Ventures is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Noram Ventures on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

AngloGold Buys Another Gold Junior! Augusta Gold Acquired For $197 Million

Another Gold Deal! Aris Mining Sells Assets To McFarlane

Royal Gold Goes Big | $3.5 Billion Sandstorm Acquisition

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Tesla Said To Lose Out On 58% Lithium Battery Discount Offered By CATL

Contemporary Amperex Technology Co., Limited (CATL), the world’s largest electric vehicle (EV) battery maker, is...

Monday, February 20, 2023, 09:00:00 AM

Noram Drills Deepest Hole To Date At Zeus Lithium Project

Noram Ventures (TSXV: NRM) this morning announced that completion of yet another drill hole at...

Tuesday, February 23, 2021, 08:46:23 AM

Xander Resources Discovers Lithium Geology On Val-d’Or Property

Xander Resources (TSXV: XND) has discovered the potential for lithium on its property. The company...

Tuesday, May 4, 2021, 09:15:25 AM

Global Impact of China’s Lithium Battery Price Drop: What It Means for the Future of EVs

Prices for lithium-ion batteries in China are plummeting, marking a significant turning point for the...

Thursday, July 11, 2024, 08:01:00 AM

Spearmint Resources Encounters Claystone Over 171 Metres In First Drill Hole

Spearmint Resources (CSE: SPMT) continues to intersect lithium on its flagship McGee Lithium Project in...

Friday, January 21, 2022, 08:17:18 AM