Noram Receives Drill Permit for Clayton Valley Project

NORAM RECEIVES PERMIT FOR DRILL PROGRAM AT ITS LITHIUM BRINE/CLAY PROJECT IN CLAYTON VALLEY, NEVADA
Noram Ventures Inc.’s (TSXV:NRM) wholly owned subsidiary, Green Energy Resources, has received permitting for 55 prospecting core holes with associated access on federal surface and mineral, under the management of the Bureau of Land Management (BLM), Tonopah field office, approximately 10 kilometres (six miles) northeast of Silver Peak, Esmeralda county, Nevada.
The work forms part of the phase 1 exploration program at Clayton Valley North and results will be incorporated into a resource estimate. Bradley C. Peek, MSc, and certified professional geologist staked the core holes in two areas. Area 1 encompasses five core holes adjacent to the Hades bore hole. Area 2 is on the Zeus and Zeus Extension claims, and covers an area that measures approximately 2.5 miles (4.1 kilometres) by 1.5 miles (2.4 kilometres). Approximately 40 holes are to be drilled on the Zeus claims with another five holes on the border of the Zeus Extension claim group.
The 55 prospecting core holes will not require any pad or access road construction, but a disturbance of 4.8 acres is estimated for overland use of 33,817 feet of access road (6 feet wide) and 55 core hole sites (10 feet by 10 feet). In accordance with applicable BLM and Nevada Division of Minerals (Division) regulations Green Energy submitted the exploration plan of operations to supplement the Notice of Intent to conduct exploration coring that upon implementation is designed to demonstrate the existence of a valuable deposit of lithium within the prospect area. Activities are anticipated to be completed within one month and include drilling, core logging, core splitting, core photography, core analysis, and core hole plugging. Following core hole plugging, incidental surface reclamation will begin as soon as weather permits.
“We are pleased to have permits in hand for the first phase of drilling and are now in the process of securing equipment and drill crews,” said Mark Ireton, CEO and President. “We are progressing well and anticipate collaring our first exploration core hole in the late November 2016.”
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 Clayton Valley Lithium Project as defined under National Instrument 43-101.
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