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

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/noram-pursues-potential-second-zone-of-high-grade-mineralization-at-depth--2acee7ab-66e5-4e1e-b60d-5466f537e099

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: 2026-09-14 15:32:19 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. This discovery follows a geological review of 23 drill holes that all terminated in mineralization, prompting plans for a new drilling program this quarter.

Reasoning: The company identifies a potential new high-grade zone at depth based on a geological review of existing holes, which could significantly expand the resource.

- Positive factor: potential for second high-grade zone at depth

- Positive factor: 23 drill holes in core area all ended in mineralization

- Positive factor: high-grade intercepts at the end of holes suggest depth extension

- Negative factor: results are based on geological review and re-logging 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 geological review suggests a potential second high-grade zone below existing drilling, which would represent a depth extension.

Evidence · text

> what if there was a major second layer of high-grade mineralization below the first layer?

**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

> The technical information contained in this news release has been 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-extractions.minestarters.com/news/noram-pursues-potential-second-zone-of-high-grade-mineralization-at-depth--2acee7ab-66e5-4e1e-b60d-5466f537e099#fact-drill-facts-0)

Zeus · lithium

#### Identity

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

#### Geometry

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

#### Classification

- Sample Type: drill
- Group ID: CVZ-14:null-null

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

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

Reasoning: Intercept of 1,690 ppm Li at 13m reported as part of a trend of holes ending in mineralization.

- Positive factor: high-grade intercept at end of hole

Evidence · text

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

#### Tags used in scoring

**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: qaqc\_disclosed is not 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

### CVZ-33

[Link to this fact](https://atlas-extractions.minestarters.com/news/noram-pursues-potential-second-zone-of-high-grade-mineralization-at-depth--2acee7ab-66e5-4e1e-b60d-5466f537e099#fact-drill-facts-1)

Zeus · lithium

#### Identity

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

#### Geometry

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

#### Classification

- Sample Type: drill
- Group ID: CVZ-33:null-null

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

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

Reasoning: Intercept of 2,380 ppm Li at 28m reported as part of a trend of holes ending in mineralization.

- Positive factor: strong grade intercept

Evidence · text

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

#### Tags used in scoring

**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: qaqc\_disclosed is not 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

### CVZ-51

[Link to this fact](https://atlas-extractions.minestarters.com/news/noram-pursues-potential-second-zone-of-high-grade-mineralization-at-depth--2acee7ab-66e5-4e1e-b60d-5466f537e099#fact-drill-facts-2)

Zeus · lithium

#### Identity

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

#### Geometry

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

#### Classification

- Sample Type: drill
- Group ID: CVZ-51:null-null

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

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

Reasoning: Intercept of 1,300 ppm Li over 119m reported as part of a trend of holes ending in mineralization.

- Positive factor: significant width

Evidence · text

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

#### Tags used in scoring

**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: qaqc\_disclosed is not 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

### CVZ-70

[Link to this fact](https://atlas-extractions.minestarters.com/news/noram-pursues-potential-second-zone-of-high-grade-mineralization-at-depth--2acee7ab-66e5-4e1e-b60d-5466f537e099#fact-drill-facts-3)

Zeus · lithium

#### Identity

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

#### Geometry

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

#### Classification

- Sample Type: drill
- Group ID: CVZ-70:null-null

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

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

Reasoning: Intercept of 1,410 ppm Li over 137m reported as part of a trend of holes ending in mineralization.

- Positive factor: significant width

Evidence · text

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

#### Tags used in scoring

**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: qaqc\_disclosed is not 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

### CVZ-80

[Link to this fact](https://atlas-extractions.minestarters.com/news/noram-pursues-potential-second-zone-of-high-grade-mineralization-at-depth--2acee7ab-66e5-4e1e-b60d-5466f537e099#fact-drill-facts-4)

Zeus · lithium

#### Identity

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

#### Geometry

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

#### Classification

- Sample Type: drill
- Group ID: CVZ-80:null-null

#### QA/QC

- QP Signed: Yes
- QA/QC Methods: standards

#### Review

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

#### Dates

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

Reasoning: Intercept of 1,360 ppm Li over 109m reported as part of a trend of holes ending in mineralization.

- Positive factor: significant width

Evidence · text

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

#### Tags used in scoring

**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: qaqc\_disclosed is not 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.
