Noram Announces Latest Flake Graphite Samples Return up to 16.6 percent Graphitic Carbon

Noram Ventures (TSXV:NRM) has provided latest exploration results and a project update on its jumbo flake-graphite property located in southeastern British Columbia.
Mark Ireton, president and CEO, said:

These latest results from Jumbo are very encouraging as we expect the project to play an integral role in realizing our plan of becoming a force in the Green Energy Revolution through the development of lithium and graphite deposits, as part of our near term strategy 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.

As quoted in the press release:

Project Highlights:

• a large, 15,048 hectare (150.48 square kilometer) property comprised of 26 mineral tenures;
• conductive features delineated in an airborne SkyTEM (Time Domain Electromagnetic) survey are consistently associated with a graphitic horizon throughout the Property;
• appears that all the SkyTEM-indicated conductors, with a cumulative length of roughly 50 kilometers of conductive horizon, may be related to a single continuous complexly folded graphitic sequence;
• initial metallurgical testing (SGS Lakefield) of a 10kg sample from the Property’s Big Flake area returned a head-grade of 3.81% graphite with a total of 45.5% reporting to or above the large flake (+80 mesh) category at an average purity grade of 96.0% graphitic carbon;
• latest surface rock sampling program returned up to 16.6% graphitic carbon in one selected sample* from the new discovery area;
• the new discovery area includes the highest grades found to date that are coincident with the strongest and most discrete SkyTEM conductive zones.

Click here to read the full press release.