Noram Ventures Completes Technical Report on Kokanee and Jumbo Graphite Properties in BC

Noram Ventures Inc. (TSXV:NRM) announced the completion of an NI 43-101 Technical Report on the Jumbo and Kokanee flake-graphite properties in the Central Kootenay Region of British Columbia. Highlights include: a potential of 15,000,000 to 22,500,000 tonnes grading 1.65 to 1.80% graphite on Kokanee, and on Jumbo, an overall strike length of 35 kilometers of favourable graphite horizon.

As quoted in the press release:

The Kokanee Property

Using a cut-off of 1% graphite the area drilled shows a potential of 15,000,000 to 22,500,000 tonnes grading 1.65 to 1.80% graphite. It must cautioned that: the potential tonnage and grade is conceptual in nature; there has been insufficient exploration to define a mineral resource; it is uncertain if further exploration will result in discovery of a mineral resource; and a 1% cut-off was selected for the resource estimate based on the current value of flake graphite.

The Jumbo Property

Geological mapping and surface sampling carried out as follow up to a SkyTEM airborne electromagnetic (EM) survey identified an overall strike length of 35 kilometers (km) of favourable graphite horizon. A sinuous conductive (EM anomaly) feature from a few hundred meters to 2km wide appears to be outlining a tightly folded sedimentary horizon.

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