Noram Completes Bulk Sampling On Its Clayton Valley Lithium Project For Lithium Separation Testing
Vancouver, British Columbia (FSCwire) - Noram Ventures Inc. (TSX-V: NRM Frankfurt: N7R) ("Noram" or the "Company") is pleased to announce the completion of bulk sampling on its South Block (Zeus and Hades) lithium claim groups in Nevada’s Clayton Valley (see Figure 1). The lithium-rich claystone samples have been send to Membrane Development Specialists LLC (MDS) to test the viability of membrane separation of lithium from the claystone material (August 2, 2016).
The focus of the bench testing is to substantiate the recovery yield of lithium carbonate directly from the mineralized claystones using MDS’s environmentally friendly system.
Bulk samples weighing approximately 50 kg each have been collected from two locations on the Zeus and Hades claim groups. The first bulk sample was collected from the same area on the Zeus claims as samples ZS-2-029 through ZS-2-031 that averaged 917 ppm lithium. The second bulk sample was from the spoils pile surrounding the previously announced borehole discovered on the Hades claims (July 22, 2016). Three samples previously collected from the spoils pile averaged 933 ppm lithium.
Bradley Peek, MSc and CPG, as independent technical consultant supervised the collection of the bulk samples.
The technical information contained in this news release has been reviewed and approved by Michael Collins, PGeo, who is a Qualified Person with respect to Norma’s Clayton Valley Claim Group Project as defined under National Instrument 43-101.
About Noram Ventures Inc.:
Noram Ventures Inc. (TSX-V: NRM Frankfurt: N7R) is a Canadian based junior exploration company, with a goal of becoming a force in the Green Energy Revolution through the development of lithium and graphite deposits and becoming a low-cost supplier for the burgeoning lithium battery industry. The Company’s primary business focus since formation has been the exploration of mineral projects that include the lithium projects in Clayton Valley in Nevada and the Jumbo graphite property in British Columbia. Noram’s long term strategy is to build a multi-national lithium - graphite dominant industrial minerals company to produce and sell lithium and graphite into the markets of Europe, North America and Asia. Please visit our web site for further information: www.noramventures.com
ON BEHALF OF THE BOARD OF DIRECTORS
/s/ “Mark R. Ireton”
President & Director
This news release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward looking statements; the uncertainty of future profitability; and the uncertainty of access to additional capital. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking information should circumstance or management's estimates or opinions change.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/noram08232016.pdf
Source: Noram Ventures Inc. (TSX Venture:NRM)
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