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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/noram-drills-one-of-deepest-step-out-holes-to-date-intersecting-mineralized-clay--89f89e11-48db-4d31-b164-f417864822d1

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: 2026-09-14 15:32:32 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Noram Ventures has completed its first 10-hole drill program hole, CVZ-82, at the Zeus Lithium Project in Nevada. The hole reached a depth of 169.2m and intersected new volcanic lithologies, though assay results for lithium grades are still pending.

Reasoning: The release announces the completion of a deep step-out hole \(CVZ-82\) that encountered new lithologies, but because assays are pending, no mineralized grades can be verified.

- Positive factor: Step-out drilling reaching new depths

- Positive factor: Discovery of new lithologies \(volcanics/tuffs\) potentially acting as lithium source

- Positive factor: Validation of geological model for deeper mineralization

- Negative factor: Assay results are pending

- Negative factor: No grades reported for the intersection

Low confidence — this extraction should be reviewed alongside the original source.

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 step-out hole testing the southwest extension and deeper potential.

Evidence · text

> Test the southwest extension of the high-grade zone.

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: While the release mentions industry standard protocols are underway, specific results or lab certifications for the current assays are not yet available as results are pending.

Evidence · text

> Assay results are pending.

## 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-extractions.minestarters.com/news/noram-drills-one-of-deepest-step-out-holes-to-date-intersecting-mineralized-clay--89f89e11-48db-4d31-b164-f417864822d1#fact-drill-facts-0)

Zeus · lithium

#### Identity

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

#### Geometry

- Intercept: 103.2 m
- Hole Depth: 169.2 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Loc. Confidence: medium

#### QA/QC

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

#### Review

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

#### Dates

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

Reasoning: Hole completed and intersected favourable lithologies, but no grade is reported.

- Positive factor: Deep step-out hole

- Negative factor: Assays pending

Evidence · text

> CVZ-82 was drilled to a depth of 555ft \(169.2m\), with an intersection of approximately 338.5 ft \(103.2m\) of favourable claystones and volcanics.

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## 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.