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Noram Ventures Inc (TSXV:NRM;FRA:N7R;OTCBB:NRVTF) and its joint venture partner Alba Minerals (TSXV:AA) recently announced the release of its NI 43-101 technical report
Noram Ventures Inc (TSXV:NRM;FRA:N7R;OTCBB:NRVTF) and its joint venture partner Alba Minerals (TSXV:AA) recently announced the release of its NI 43-101 technical report on their Clayton Valley lithium properties in Nevada. InvestmentPitch Media has produced a “video news alert” that focused on this recent news, combined with an overview of the company.
The report identified an Inferred Mineral Resource of approximately 17 million metric tonnes at a grade of about 1,060 ppm lithium, which equates to 96,476 metric tonnes of lithium carbonate equivalent.
According to InvestmentPitch, “the report recommends a second phase of shallow core drilling, at an estimated cost of US$90,000, and a concurrent pilot-scale test by Membrane Development Specialists to further demonstrate the extractability of lithium from the clays, with a budget estimated at US$480,000.”
To see the full video, click here.
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