Noram Lithium

Noram Lithium: Advancing the 100% Controlled High-Grade Zeus Project in Clayton Valley, Nevada

Noram Lithium (TSXV:NRM; OTCQB:NRVTF; FRA:N7R) advances its flagship Zeus project, a high-grade lithium project that spans 2,800 acres, located adjacent to Albemarle’s Silver Peak Lithium Mine, with extensive infrastructure including power at site a paved highway directly to the project. It is also in the same state as Tesla’s (NASDAQ:TSLA) first Gigafactory.


A Preliminary Economic Assessment (“PEA”) on the Zeus project showed robust economics indicating a US$1.299 billion after-tax net present value (“NPV”) (8percent) with a 31 percent after-tax internal rate of return, spanning a mine life of 40 years. The existing resource has indicated resources for up to 200 years of operation.

Noram

Company Highlights

  • Noram Lithium’s flagship Zeus project has a preliminary economic assessment that indicates robust economics: a US$1.299 billion after-tax NPV (8percent), a 31percent IRR” and a mine life of 40 years.
  • 100 percent owned with no underlying NSR.
  • A significant mineral resource estimate at cut-off grades of 400 ppm, including a total measured and indicated resource of 1.8 million tonnes of lithium carbonate equivalent and a total inferred resource of 3.9 million tonnes of lithium carbonate equivalent.
  • Zeus features a high-grade and shallow lithium deposit, which may result in a relatively low-cost operation supported by high lithium recoveries and low contamination.
  • Situated near Albemarle’s Silver Peak, which is the only other US producer of lithium.
  • Noram’s share structure remains tight with below 75M shares issued, with approximately 20percent controlled by management and insiders.

This Noram Lithium profile is part of a paid investor education campaign.*

Click here to connect with Noram Lithium (TSXV:NRM; OTCQB:NRVTF; FRA:N7R)) to receive an Investor Presentation

NRM:CA
The Conversation (0)
Noram Lithium Provides Update

Noram Lithium Provides Update

noram lithium corp. ("noram" or the "Company") (TSXV:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) is providing a corporate update and an update on its 100% owned Zeus Lithium Project ("Zeus" or the "Project"), located in Clayton Valley, Nevada

Zeus Lithium Project Update

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Noram Lithium Engages CDMG for Marketing Services

Noram Lithium Engages CDMG for Marketing Services

noram lithium corp. ("noram" or the "Company") (TSXV:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) announces that it has engaged Creative Direct Marketing Group Inc. ("CDMG") to provide the Company with marketing services and to raise public awareness of the Company

"A leader in targeted advertising, Creative Direct Marketing Group, Inc is a full-service, direct response advertising and digital marketing agency with one goal in mind: increasing your response, market presence, and profits through ‘accountable advertising.' For more than 40 years, we've helped turn entrepreneurial start-ups into large companies and large companies into multibillion-dollar businesses" commented CDMG.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Noram Lithium Announces Appointment of Vice President, Project Development

Noram Lithium Announces Appointment of Vice President, Project Development

noram lithium corp. ("noram" or the "Company") (TSXV:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) announced today it has appointed Mr. Glenn Barr as Vice President, Project Development, effective immediately

Mr. Barr has more than 25 years of experience in complex mining project development. Most recently he was Vice President, Project Development at Twin Metals Minnesota (TMM). His work included leading engineering studies, overseeing metallurgical test work programs and integrating environmental protection measures into project design. Prior to TMM, he held various roles at Stantec and Teck. As an Engineering Liaison at Stantec, he guided the environmental and engineering consultants in ensuring alignment and work efficiencies. While at Teck, he was integral in the development and commercialization of a novel hydrometallurgical process, and was a key member of the team that engineered and constructed a hydrometallurgical processing plant in Brazil. Mr. Barr holds a Bachelor of Science, Chemistry from the University of Victoria.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Noram Lithium Engages Ausenco To Complete the Pre-Feasiblity Study for the Zeus Lithium Project

Noram Lithium Engages Ausenco To Complete the Pre-Feasiblity Study for the Zeus Lithium Project

noram lithium corp. ("noram" or the "Company") (TSXV:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) announces it has engaged Ausenco Engineering Canada Inc. ("Ausenco") to lead the Pre-Feasibility Study ("PFS") of its 100% owned Zeus Lithium Project ("Zeus" or the "Project") in Clayton Valley, Nevada

The Company recently engaged SRK Consulting Inc ("SRK") to produce an optimized mine plan for Zeus (see news release dated February 7, 2023) and initiated a further round of metallurgical testing with Kemetco Research Inc ("Kemetco") to confirm and refine the process design for the Project (see news release dated February 14, 2023). Both of these ongoing work streams will form the basis of the PFS, now being managed by Ausenco.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
Noram Lithium Files NI43-101 Technical Report for Zeus Lithium Project

Noram Lithium Files NI43-101 Technical Report for Zeus Lithium Project

noram lithium corp. ("noram" or the "Company") (TSXV:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) announced today that it has filed on SEDAR a National Instrument 43-101 ("NI 43-101") technical report (the "Report") titled "Updated Resource Estimate Zeus Lithium Project". The technical report supports the updated Mineral Resource Estimate announced on January 30, 2023 and is available for review on both SEDAR (www.sedar.com) and the Company's website (www.noramlithiumcorp.com). There are no material differences in the mineral resources reported in the news release of January 30, 2023 and those described in the report

About noram lithium corp.

News Provided by ACCESSWIRE via QuoteMedia

Keep reading...Show less
A battery with Australia flag.

4 Best-performing ASX Lithium Stocks of 2025

Global demand for lithium presents a significant opportunity for Australia, which is home to many ASX lithium mining stocks as the world's top lithium producer.

Australia’s abundant lithium reserves and strong mining sector, position the country as a key player in the battery value chain into the 2030s. However, rapid electric vehicle (EV) market growth projections drove increased lithium mining rates, leading to a global surplus.

Against that backdrop, Australia’s lithium sector faced headwinds in Q1 2025 due to falling global lithium prices and continued market oversupply.

Keep reading...Show less
A sack of US money.

California Touts US$540 Billion Salton Sea Lithium Discovery

Scientists have discovered an estimated US$540 billion worth of lithium beneath California’s Salton Sea, a finding that could reshape the global energy market and reduce US reliance on foreign lithium supply.

The Salton Sea, located in Southern California’s Imperial County, has long been considered an environmental concern due to its receding shoreline and rising air pollution.

Now, researchers funded by the US Department of Energy have confirmed the area holds approximately 18 million metric tons of lithium — far more than previous estimates of 4 million metric tons.

Keep reading...Show less
Lithium periodic symbol and Canadian flag.

Top 5 Canadian Lithium Stocks of 2025

The lithium market continued to battle headwinds during the first quarter of 2025 as residual oversupply weighed on prices, pushing them to a four year low.

Weaker-than-expected demand to start the year also added pressure to the oversupplied market, resulting in the lithium carbonate CIF North Asia price to fall below US$9,550 per metric ton, its lowest point since 2021.

Analysts have suggested the persistent downturn is the signaling of a market bottom. This theory is further supported by a projected production reduction that will help absorb market oversupply.

Keep reading...Show less
Green blocks with leaves on them push purple blocks with "CO2" written on them.

Funding the Energy Transition: The Role of Public and Private Finance in Building Supply Chains

The energy transition demands substantial funding as participants look to build out infrastructure and supply chains, but experts say new solutions are emerging to help navigate this landscape.

During the "Financing the Energy Transition" panel at the Benchmark Summit, participants discussed the role of government and public sector investment, as well as the outlook for Canada's electric vehicle (EV) supply chain.

Moderated by Adam Webb, head of battery raw materials at Benchmark Mineral Intelligence, the discussion at the Toronto-based event opened with a snapshot of Canada’s EV battery supply chain buildout.

Keep reading...Show less
International Lithium Chairman and CEO John Wisbey.

International Lithium Plans PEA on Rubidium Resource at Raleigh Lake Project, CEO Says

John Wisbey, CEO of International Lithium (TSXV:ILC), discusses the company's strategic sale of its Irish lithium property, progress on the Raleigh Lake lithium-rubidium project in Canada and expansion efforts in Zimbabwe.

Latest Press Releases

Related News

×