Noram Successfully Drills Deepest Hole to Date & Intersects 756.5 ft (230.6 m) of Favourable Tuffaceous Claystones
Original announcement by tmx on
- 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 03:46:13 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Noram Ventures has completed drilling of CVZ-83, the deepest hole to date at the Zeus Lithium Project in Nevada, intersecting 230.6m of tuffaceous claystones. Assay results are currently pending, but the hole represents a significant step-out to the northwest of previous drilling.
Reasoning: The company has completed its deepest hole to date (CVZ-83) at the Zeus Project, intersecting a significant 230.6m thickness of prospective lithology. While the intercept is wide and potentially extends the deposit northwest, the actual lithium grades are not yet reported, pending assays.
Positive factors
- deepest hole to date
- step-out extension potential
- significant intercept width
Negative factors
- assays pending
Facts used in scoring: 1
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The hole was drilled 265m north of CVZ-82 and is expected to increase the deposit extent to the northwest.
Evidence · text
“If this is proven to be true from the pending assays, it will increase the deposit to the northwest from its previously defined extent.”
QA/QC Disclosedpositive
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 the use of 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-83Zeus Lithium Project · lithiumIntercept: 230.6 mView all detailsHide details
Identity
- Hole ID
- CVZ-83
- Project
- Zeus Lithium Project
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NRM
Geometry
- Intercept
- 230.6 m
- Hole Depth
- 234.7 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- CVZ-83:4.11-234.71
- 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
- 2023-12-06T00:00:00.000Z
Reasoning: Significant intercept width of 230.6m in prospective lithology, but grade is unknown.
Positive factors
- significant width
Negative factors
- assays 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.