Noram Engages Abh Engineering to Complete Preliminary Economic Assessment of ZEUS Property
TSX.V: NRM
Frankfurt: N7R
OTCQB: NRVTF
FOR IMMEDIATE RELEASE
NORAM ENGAGES ABH ENGINEERING TO COMPLETE
PRELIMINARY ECONOMIC ASSESSMENT OF ZEUS PROPERTY
Vancouver, British Columbia – April 29, 2021 – Noram Ventures Inc. (“Noram” or the “Company”) (TSX -
Venture: NRM / Frankfurt: N7R / OTCQB: NRVTF) is pleased to announce that the Company has engaged
ABH Engineering (“ABH”), a mineral processing engineering company offering design and optimization
services to the mining sector, to complete a preliminary economic assessment of the Zeus Project.
ABH Engineering is Canada's fastest growing mining engineering company, focused on mineral processing
and advancing mining projects. ABH is currently performing several NI 43 -101, JORC, and S -K 1300
compliant reports, as well as numerous smaller projects and s tudies. ABH has assigned Brent Hilscher
P.Eng., Dr Amit Kumar and Dr Naeimeh Ghaffari Touran to the project. The team will oversee the creation
of a PEA report compliant with current NI 43-101 regulations. Emphasis will be placed o n minimizing
overall project risk.
Brent Hilscher has 20 years in mining and mineral processing. He has designed, commissioned, operated,
and supervised mineral processing plants. He has published papers, patented technologies, and been a
speaker at over a dozen conferences an d universities in Canada and around the world.
Brent has led design, and construction projects for Teck, Goldcorp, New Gold, Barrick, Xstrata, Agnico
Eagle, and many others. He won the National CMP Bill Moore Award for technical excellence in 2013 and
served as an officer in the Canadian Armed Forces.
Because of his technical reputation Brent has been consulted as a senior advisor for the World Bank, and
NASA mining research projects. He has volunteered as an executive for both the CIM and CMP. In addition
to mining projects, he has also worked on mining innovation projects for both the United Nations and the
Government of Canada.
“We are extremely proud to be working with ABH. The Company’s reputation proceeds itself and we will
be taking a significant step forward for Noram with their support. Together with their senior team, Noram
will determine the best scenario for production and positive cash flow. With strong economics, upward
pressure on pricing in 2021 beyond expectation, and a focus on domestic s upply chains; new supply is
quintessential to the growing demand. Noram is and will continue to be at the forefront of this,” stated
Anita Algie, CFO and Director.
About Noram Ventures Inc.
Noram Ventures Inc. (TSX - Venture: NRM / Frankfurt: N7R / OTCQB: NRVTF) is a Canadian based junior exploration
company, with a goal of developing lithium deposits and becoming a low - cost supplier. The Company’s primary
business is the Zeus Lithium Project (“ Zeus”) in Clayton Valley, Nevada. The Zeus Project has a current resource
estimate of 124 million tonnes at 1136 ppm lithium as Indicated Resources, and 77 million tonnes lithium at 1045
ppm lithium as Inferred Resources (900 ppm Li cut-off: 1.18 million tonnes lithium carbonate equivalent – “LCE”.
Noram’s long term strategy is to build a multi -national lithium minerals company to produce and sell lithium into
the markets of Europe, North America and Asia.
Please visit our web site for further information: www.noramventures.com
ON BEHALF OF THE BOARD OF DIRECTORS
/s/ “Anita Algie”
Director and CFO
Office: (604) 553-2279
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture Exchange)
accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward -looking information which is not
comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results,
performance, prospects and opportunities to differ materially from those expressed o r implied by such forward -looking information. Forward-
looking information in this news release includes statements regarding, among other things, the completion transactions compl eted in the
Agreement. Factors that could cause actual results to differ mat erially from such forward -looking information include, but are not limited to,
regulatory approval processes. Although Noram believes that the assumptions used in preparing the forward -looking information in this news
release are reasonable, including that all necessary regulatory approvals will be obtained in a timely manner, undue reliance should not be placed
on such information, which only applies as of the date of this news release, and no assurance can be given that such events w ill occur in the
disclosed time frames or at all. Noram disclaims any intention or obligation to update or revise any forward -looking information, whether as a
result of new information, future events or otherwise, other than as required by applicable securities laws.