Visitors Now:
Total Visits:
Total Stories:
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

Noram impressed by consistency of lithium values from drilling campaign

Wednesday, February 15, 2017 7:21
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Noram Ventures Inc (CVE:NRM) and Alba Minerals Ltd continue to find encouraging levels of lithium in their drilling at their Clayton Valley project.

Norma issued a statement as the initial sample results from the first 10 holes of the 46-hole phase I core drilling program were released.

The program focused on the Zeus portion of the Clayton Valley lithium project in Nevada. The Zeus claims are located within two kilometres (1.25 miles) of Albemarle’s Silver Peak lithium mine that has been in production since 1966 and is the only lithium-brine production operation in North America.

The holes drilled were in two distinct groups, with the smaller group (comprising two holes) located some 366 metres (m) north-east of the main drill-hole grouping.

Lithium values were found to be very consistent across both groupings, Noram said.

The lithium content of the 116 samples had an interval-weighted average of 1,087.1 parts per million (ppm), with a minimum value of 600 ppm and a maximum value of 2,320 ppm, both over 1.22m (4 feet) intersections.

The samples had a median value of 1020 ppm Lithium. These results are well above those seen in the 73 surface samples collected from the drilling area and analyzed during exploration work in 2016 and indicate that some leaching of the lithium has occurred at surface, Noram said.

“These initial results are better than expected and it is rare to see drill core sample values that exceed the best of previously reported surface-sampling results (Dec 8, 2016). The amazing consistency of the lithium values, both vertically and horizontally, across the initial 10 holes is also very encouraging,” said Mark Ireton, Noram’s president and chief executive officer.

Results from samples taken from the remaining 36 drill holes in the Phase 1 program are being awaited.

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/173209/noram-impressed-by-consistency-of-lithium-values-from-drilling-campaign-173209.html

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.