Noram Ventures (TSXV: NRM) this morning released further assay results from its ongoing drill program at its Zeus lithium claystone project in the Clayton Valley of Nevada. Highlights from the results released this morning includes an interval of 82.3 metres, averaging 1124 ppm lithium.
Assay results are noteworthy for a few reasons. First and foremost, the hole was drilled to a depth of 90.5 metres, or 297 feet. Of that, the company first intersected lithium at a depth of 3.7 metres, or 12 feet, which extended to 86.0 metres, or 282 feet – meaning nearly the entire core was included in the intersection.
The high point of lithium concentration in the latest results comes from a depth of 132 feet, where lithium was reported at 1820 ppm. Full results released by the company this morning can be found here.
Sponsored · Granada Gold Mine Inc.
Five holes remain to be drilled under the currently ongoing exploration program.
Noram Ventures last traded at $0.67 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.
