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Noram Completes Additional Sampling on Hector Lode Lithium Project in California

30.11.2016  |  FSCwire
Vancouver - Noram Ventures Inc. (TSX-Venture: NRM / Frankfurt: N7R / OTCBB: NRVTF) (“Noram” or the “Company”) is pleased to report it has received additional sample results from its 100% owned Hector Lode Lithium Project, which is located adjacent to an existing bentonite/hectorite mine in San Bernardino County, California

Bradley Peek, Noram’s independent geological consultant, had the following to say about the latest sampling program:

“The second round samples include HEC-022, HEC-023 and HEC-024 that were horizontal chip samples that assayed 900 ppm lithium (Li) over six feet, 620 Li over four feet and 345 ppm Li over five feet, (Figure 1). Also, sample HEC-028, approximately 1000 feet (300 meters) to the west of HEC-022 thru HEC-024 ran 334 ppm Li. 

These samples indicate that there is lithium in the mineralizing system, as documented in the historical reports and noted in Noram’s previous news releases. Lessons learned from the second geological and sampling phase provide a much clearer direction leading up to the Phase l core drilling program.”

The technical information contained in this news release has been reviewed and approved by Bradley C. Peek, MSc and Certified Professional Geologist, who is a Qualified Person with respect to Noram’s  Hector Lode Claim Group Project as defined under National Instrument 43-101.


About Noram Ventures Inc.:

Noram Ventures Inc. (TSX-V:NRM Frankfurt:N7R OTCBB:NRVTF) 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 lithium projects in Clayton Valley, Nevada, and the Hector Lode in San Bernardino County, California; and the Jumbo graphite property in southeastern 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

Direct: (604) 761-9994



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. This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements regarding, among other things, the completion transactions completed in the Agreement. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, regulatory approval processes. Although Noram believes that the assumptions used in preparing the forward-looking information in this news release are reasonable, including that all necessary regulatory approvals will be obtained in a timely manner, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Noram disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable securities laws.

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