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
- 2026-09-14 15:33:51 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Noram Ventures has completed drilling of hole CVZ-83 at the Zeus Project in Nevada, which is the deepest hole drilled to date at the project. The hole intersected 230.6 m of tuffaceous mudstones and volcanic rocks, which are considered highly prospective for lithium, with assays currently pending.
Reasoning: The hole CVZ-83 represents a significant step-out to the northwest and reaches new depths, potentially expanding the resource extent, though actual grades are not yet available.
Positive factors
- Step-Out Extension
- Deepest hole to date
Negative factors
- Assay results 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 265 meters north of CVZ-82 and is expected to increase the deposit extent to the northwest.
Evidence · text
“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 an industry standard QA/QC protocol and uses 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 · lithiumIntercept: 230.6 mView all detailsHide details
Identity
- Hole ID
- CVZ-83
- Project
- Zeus
- Commodity
- lithium
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- NRM
Geometry
- Intercept
- 230.6 m
- Hole Depth
- 234.7 m
Classification
- Program
- exploration
- Sample Type
- drill
Location
- Location
- northwest quadrant
- Loc. Source
- document
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
- 2023-12-06T00:00:00.000Z
Reasoning: Significant intercept length in prospective lithology at new depths, but grade is unconfirmed.
Positive factors
- Step-Out Extension
Negative factors
- Assay results pending
Evidence · text
“intersects 756.5 ft (230.6 m) of Favourable Tuffaceous Claystones”
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
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.