Noram Drills CVZ-87 to Depth of 568 ft (173.13 m): Intersecting Approximately 455 ft (139 m) of Favourable Claystones Near Surface

Noram Lithium Corp.
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VANCOUVER, BC / ACCESSWIRE / December 20, 2023 / Noram Lithium Corp. ("Noram") (TSX-V:NRM)(Frankfurt:N7R)(OTCQB:NRVTF) is pleased to announce the completion of core hole CVZ-87, the fourth hole in its 10-hole Phase VII drilling program on its 100% owned Zeus project in Clayton Valley, Nevada, USA. The hole was an infill hole to more precisely define the previously announced mineral resource. This hole, along with others in this round of drilling, is expected to upgrade some of the inferred resource to indicated and some of the indicated resource to the measured categories in the core of the main deposit.

<i>Figure 1 - Strip log of the CVZ-87 lithologies.</i>
Figure 1 - Strip log of the CVZ-87 lithologies.

CVZ-87 was completed at a depth of 568 ft (173.13 m). The core has been cleaned, logged, photographed and is in the process of being sampled for assay by the crew with the independent consulting group Big Rock Exploration of Duluth, Minnesota, USA. Sampling of the core using an industry standard QA/QC protocol is underway. Samples are to be delivered to ALS Laboratories in Reno, Nevada for assaying. Assay results are pending.

As with other nearby, previously drilled holes, CVZ-87 intersected a thick section of olive, blue and blue-black tuffaceous claystones and mudstones that, in the past, have carried high lithium grades. CVZ-87 intersected approximately 455 ft (139 m), from depths of 8 ft to 463 ft (2.4 to 141.1 m) of these promising lithologies. A strip log of the hole's lithologies is shown in Figure 1.

With the completion of CVZ-87, the drill moved onto CVZ-88 and had begun drilling that hole. The current drilling status of the Phase VII program is illustrated in Figure 2. A photo of the Titan Drilling Company rig on CVZ-87 is shown in Figure 3.

<i>Figure 2 - Current Phase VII drilling status.</i>
Figure 2 - Current Phase VII drilling status.
<i>Figure 3 - Titan Drilling's core rig on CVZ-87.</i>
Figure 3 - Titan Drilling's core rig on CVZ-87.

"CVZ-87 saw prospective lithology virtually on surface at a depth of only 8 ft (2.4 m). This is but one of the many reasons we are so invested in this Project. Not only is the ground itself accessible by car and the terrain easily navigated, but we see long rich intervals nearly on surface of lithium-hosted clay. The Phase VII program has been very successful to date and we look forward to sharing the forthcoming results with our loyal shareholders" commented Sandy MacDougall, Executive Chairman and Director.

For additional information:

Contacts:
In Europe: VP Corporate Development [email protected] Elsewhere: Investor Relations at [email protected]
Website: www.noramlithiumcorp.com

ON BEHALF OF THE BOARD OF DIRECTORS

Sandy MacDougall
Founder and Executive Chairman

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.

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