# Noram Pursues Potential Second Zone of High-Grade Mineralization at Depth

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/noram-pursues-potential-second-zone-of-high-grade-mineralization-at-depth--35db1bc2-ba15-477a-b79f-f13bdc701020

Original source: https://money.tmx.com/en/quote/NRM/news/8018018773005958/noram-pursues-potential-second-zone-of-high-grade-mineralization-at-depth

Publisher: tmx

Original announcement: 2023-10-30T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Noram Lithium Corp.

- Ticker: NRM

- Exchange: TSX

- Region: Nevada

- Primary commodity: Lithium

- Secondary commodities: None reported

- Document categories: Drill results, Other

- Extracted: 2026-08-22 03:44:59 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Noram Lithium Corp. has identified potential for a second high-grade lithium zone at depth at its Zeus Lithium Project in Nevada following a geological review. The company plans to conduct a drilling program this quarter to test this prospect and incorporate findings into its forthcoming PFS.

Reasoning: The company identifies a potential new high-grade zone at depth based on a geological review of 23 existing drill holes, which suggests significant upside for the Zeus project.

- Positive factor: Identification of potential second high-grade zone at depth

- Positive factor: Multiple drill holes ending in mineralization

- Positive factor: Strong lithium grades reported in historical holes

- Negative factor: Results are based on geological review of existing holes rather than new assays

Facts used in scoring: 5

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The company is planning to drill below existing high-grade zones to test for a second layer of mineralization.

Evidence · text

> developing a drilling plan to test the high-grade core area at depths below the existing drilling

**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 a Qualified Person \(Brad Peek\) has reviewed the technical information.

Evidence · text

> reviewed and approved by Brad Peek, M.Sc., CPG, who is a Qualified Person

## Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

## Drill Results (5)

### CVZ-14

[Link to this fact](https://atlas-staging.minestarters.com/news/noram-pursues-potential-second-zone-of-high-grade-mineralization-at-depth--35db1bc2-ba15-477a-b79f-f13bdc701020#fact-drill-facts-0)

Zeus Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CVZ-14
- Project: Zeus Lithium Project
- Commodity: lithium
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NRM

#### Geometry

- Grade: 1690
- Grade Unit: ppm
- Intercept: 13 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-03-17T00:00:00.000Z

#### Dates

- Event date: 2023-10-30T00:00:00.000Z

Reasoning: Historical intercept of 1,690 ppm Li over 13m.

- Positive factor: High grade lithium intercept

Evidence · text

> CVZ-14: at 13 meters; 1,690 ppm Li

### CVZ-33

[Link to this fact](https://atlas-staging.minestarters.com/news/noram-pursues-potential-second-zone-of-high-grade-mineralization-at-depth--35db1bc2-ba15-477a-b79f-f13bdc701020#fact-drill-facts-1)

Zeus Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CVZ-33
- Project: Zeus Lithium Project
- Commodity: lithium
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NRM

#### Geometry

- Grade: 2380
- Grade Unit: ppm
- Intercept: 28 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-03-17T00:00:00.000Z

#### Dates

- Event date: 2023-10-30T00:00:00.000Z

Reasoning: Historical intercept of 2,380 ppm Li over 28m.

- Positive factor: Strong lithium grade

Evidence · text

> CVZ-33: at 28 meters; 2,380 ppm Li

### CVZ-51

[Link to this fact](https://atlas-staging.minestarters.com/news/noram-pursues-potential-second-zone-of-high-grade-mineralization-at-depth--35db1bc2-ba15-477a-b79f-f13bdc701020#fact-drill-facts-2)

Zeus Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CVZ-51
- Project: Zeus Lithium Project
- Commodity: lithium
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NRM

#### Geometry

- Grade: 1300
- Grade Unit: ppm
- Intercept: 119 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-03-17T00:00:00.000Z

#### Dates

- Event date: 2023-10-30T00:00:00.000Z

Reasoning: Historical intercept of 1,300 ppm Li over 119m.

- Positive factor: Significant width

Evidence · text

> CVZ-51: at 119 meters; 1,300 ppm Li

### CVZ-70

[Link to this fact](https://atlas-staging.minestarters.com/news/noram-pursues-potential-second-zone-of-high-grade-mineralization-at-depth--35db1bc2-ba15-477a-b79f-f13bdc701020#fact-drill-facts-3)

Zeus Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CVZ-70
- Project: Zeus Lithium Project
- Commodity: lithium
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NRM

#### Geometry

- Grade: 1410
- Grade Unit: ppm
- Intercept: 137 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-03-17T00:00:00.000Z

#### Dates

- Event date: 2023-10-30T00:00:00.000Z

Reasoning: Historical intercept of 1,410 ppm Li over 137m.

- Positive factor: Significant width

Evidence · text

> CVZ-70: at 137 meters; 1,410 ppm Li

### CVZ-80

[Link to this fact](https://atlas-staging.minestarters.com/news/noram-pursues-potential-second-zone-of-high-grade-mineralization-at-depth--35db1bc2-ba15-477a-b79f-f13bdc701020#fact-drill-facts-4)

Zeus Lithium Project · lithium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: CVZ-80
- Project: Zeus Lithium Project
- Commodity: lithium
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NRM

#### Geometry

- Grade: 1360
- Grade Unit: ppm
- Intercept: 109 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2023-03-17T00:00:00.000Z

#### Dates

- Event date: 2023-10-30T00:00:00.000Z

Reasoning: Historical intercept of 1,360 ppm Li over 109m.

- Positive factor: Significant width

Evidence · text

> CVZ-80: at 109 meters; 1,360 ppm Li

## 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.