NORAM/ALBA APPLY TO EXPAND DRILLING ON CLAYTON VALLEY LITHIUM PROJECT Inferred Mineral Resource of approximately 17 million metric tonnes at a grade of about 1,060 ppm Li, which equates to 96,476 metric tonnes of Li Carbonate Equivalent
TSX.V: NRM
Frankfurt: N7R
OTCBB: NRVTF
News Release
NORAM/ALBA APPLY TO EXPAND DRILLING ON
CLAYTON VALLEY LITHIUM PROJECT
Inferred Mineral Resource of approximately 17 million metric tonnes at a grade of about 1,060 ppm Li, which equates
to 96,476 metric tonnes of Li Carbonate Equivalent
Vancouver, British Columbia – November 30th, 2017 – Noram Ventures Inc. (TSX-Venture: NRM / Frankfurt:
N7R / OTCBB: NRVTF (“Noram” or the “Company”) and Alba Minerals Ltd. (“Alba”) (TSX-V: AA.V:
AXVEF:US Frankfurt: A117RU) are pleased to announce their subsidiary Green Energy Resources ( “Green
Energy”) has applied to the Bureau of Land Management (BLM) for an expansion of the initial prospecting
permit and undertake additional exploration and resource definition drilling on the Clayton Valley lithium
project (see claim map).
A total of 20 holes are planned for three areas as an extension of the 46 -hole Phase I drilling program completed
earlier this year. Four exploration holes in Area 1 adjacent to the bore hole (Photo 1) on the Hades claims and four
exploration holes in Area 2 on the Zeus Extension claims. Areas 1 and 2 each received one core hole during the first
round of drilling with very encouraging results and assays up to 1290 ppm lithium. The other 12 holes will be drilled
in Area 3 and are designed to infill and expand upon th e close spaced drilling that formed the basis of the maiden
inferred resource estimate previously announced on the Zeus claim block.
The locations of these additional drill holes are not expected to require any additional pad or access road construction
over and above a disturbance of 5 acres, which is the upper limit of disturbance for a BLM Notice of Intent permit. In
accordance with applicable BLM and Nevada Division of Minerals (Division) regulations Green Energy submitted the
exploration plan of opera tions to supplement the Notice of Intent to conduct exploration coring that upon
implementation is designed to demonstrate the existence of a dditional valuable lithium resources within the prospect
area. Activities are anticipated to be completed within one month following the receipt of the permit and posting of the
reclamation bond. The activities are to include drilling, core logging, splitting, photography, analysis, and core hole
plugging. Following core hole plugging, incidental surface reclamation will begin as soon as weather permits.
We are pleased to be expanding our drilling program after the encouraging results from our recently published N.I.
43-101,” said Mark Ireton, CEO and President. “We are progressing well and particularly pleased with results given
the small 5 acre footprint explored out of a total of 12,920 contigous acres. The expanded exploration core drilling
program will begin in Q1 2018 once we receive BLM permits.”
The technical information contained in this news release has been reviewed and approved by Bradley C. Peek, MSc
and Certified Professional Geologist, who is a Qualified Person with respect to Noram’s Clayton Valley Lithium
Project as defined under National Instrument 43-101.
About Noram Ventures Inc.
Noram Ventures Inc. (TSX-Venture: NRM / Frankfurt: N7R / OTCBB: NRVTF ) is a Canadian based junior
exploration company, with a goal of becoming a force in the Green Energy Revolution through the development of
lithium and graphite deposits and becoming a low -cost supplier for the burgeoning lithium battery industry. The
Company’s primary business focus since formation has been the exploration of mineral projects that include lithium
projects in the Clayton Valley in Nevada, the Arizaro East mineral claim located in the eastern portion of the Salar de
Arizaro in north-western Argentina and the Jumbo graphite property in British Columbia. Noram’s long term strategy
is to build a multi -national lithium-graphite dominant industrial minerals company to produce and sell lithium and
graphite into the markets of Europe, North America and Asia.
For further information, please visit www.noramventures.com.
About Alba Minerals
Alba Minerals Ltd. Is a Vancouver based junior resource company with projects in North and South America,
focusing on the development of our Lithium properties. Lithium Projects are located in Clayton Valley Nevada where
Alba has earned a 25% interest in the project. The second lithium project Quiron II consist of 2,421 hectares of
prospective exploration property in the Pocitos Salar, Province of Salta, Argentina. The Project is located
approximately 12 km northeast from the Liberty One Lithium Corp and 19 Km from Pure Energy Minerals Ltd.
Please visit our web site for further information: www.albamineralsltd.com
ON BEHALF OF THE BOARD OF DIRECTORS
s/ “Mark Ireton”
President & Director
Direct: (604) 761-9994
This news release contains projections and forward -looking information that involve various risks and uncertainties regarding future events. Such forward -
looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not
guarantees of future performance of the Company. The following are important factors that could cause the Company’s actual r esults to differ materially
from those expressed or implied by such forward lookin g statements; the uncertainty of future profitability; and the uncertainty of access to additional
capital. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materiall y from those expressed in the
forward-looking information. Actual results and future events could differ materially from anticipated in such information. These a nd all subsequent written
and oral forward -looking information are based on estimates and opinions of management on the dates they are made and expressed qualified in their
entirety by this notice. The Company assumes no obligation to update forward -looking information should circumstance or management's estimates or
opinions change.
Neither the TSX Venture Exchange nor its Re gulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.