# Noram Drills One of Deepest Step-Out Holes to Date: Intersecting Mineralized Claystone & New Lithologies

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/noram-drills-one-of-deepest-step-out-holes-to-date-intersecting-mineralized-clay--731845c7-4615-486f-a76f-0b6e15c676a8

Original source: https://money.tmx.com/en/quote/NRM/news/6477680426810621/noram-drills-one-of-deepest-step-out-holes-to-date-intersecting-mineralized-clay

Publisher: tmx

Original announcement: 2023-11-29T14:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Noram Ventures Inc.

- Ticker: NRM

- Exchange: TSX

- Region: Nevada

- Primary commodity: Lithium

- Secondary commodities: None reported

- Document categories: Drill results, Other

- Extracted: 2026-08-22 03:46:21 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Noram Ventures has completed CVZ-82, one of the deepest step-out holes at the Zeus Lithium Project, intersecting 103.2m of claystones and volcanics. While assay results are pending, the hole has revealed new lithologies that may support a second deeper lithium deposit.

Reasoning: The announcement reports a significant deep step-out hole \(CVZ-82\) that intersected new lithologies, suggesting potential for a second mineralized layer, though actual lithium grades are not yet released.

- Positive factor: deep step-out drilling

- Positive factor: new lithologies encountered

- Positive factor: potential for second mineralization layer

- Negative factor: assay results pending

Facts used in scoring: 1

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The hole CVZ-82 is explicitly described as a deep step-out hole testing extensions and deeper deposits.

Evidence · text

> Noram Drills One of Deepest Step-Out Holes to Date

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions sampling using industry standard QA/QC protocols and delivery to ALS Laboratories.

Evidence · text

> Sampling of the core using an industry standard QA/QC protocol is underway.

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### CVZ-82

[Link to this fact](https://atlas-staging.minestarters.com/news/noram-drills-one-of-deepest-step-out-holes-to-date-intersecting-mineralized-clay--731845c7-4615-486f-a76f-0b6e15c676a8#fact-drill-facts-0)

Zeus Lithium Project · lithium

#### Identity

- Hole ID: CVZ-82
- Project: Zeus Lithium Project
- Commodity: lithium
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NRM

#### Geometry

- Intercept: 103.2 m
- Hole Depth: 169.2 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: CVZ-82:0-103.2
- Mining Method: unknown

#### Location

- Loc. Confidence: medium

#### QA/QC

- Laboratory: ALS Laboratories
- QA/QC Disclosed: Yes
- QP Signed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2023-11-29T00:00:00.000Z

Reasoning: Large intercept of 103.2m reported, but grade is not yet available to confirm lithium content.

- Positive factor: significant width

- Negative factor: grades pending

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.