Noram Lithium Provides Update ON ZEUS Lithium Project Process Development and Laboratory Testing
Noram Lithium Corp.
Suite 2150 – 555 West Hastings Street
Vancouver BC V6B 4N6
NORAM LITHIUM PROVIDES UPDATE ON ZEUS LITHIUM PROJECT
PROCESS DEVELOPMENT AND LABORATORY TESTING
Vancouver, British Columbia – September 13, 2023 – Noram Lithium Corp. (“Noram” or the
“Company”) (TSXV: NRM | OTCQB: NRVTF | Frankfurt: N7R) is providing an update on its
100% owned Zeus Lithium Project (“Zeus” or the “Project”), located in Clayton Valley, Nevada.
Earlier this year, the Company initiated a third round of metallurgical testing for Zeus at Kemetco
Research Inc (“Kemetco”) based in Richmond, BC Canada. Since commencement of the program,
a number of key results have been obtained to support the process design at Zeus which is based
on known technology and is similar to other clay lithium projects in the United States.
The Company has developed an integrated mass and energy balance which models the process,
from mineralized material coming from the open pit through to high- purity lithium carbonate
product. The mass and energy balance is supported by the results from the current round of
metallurgical testing and will be the basis for the upcoming engineering studies on the Project.
Highlights of the process development and laboratory work completed to-date:
• Feed preparation/beneficiation – coarse material (+75 µm) is rejected ahead of leaching,
resulting in a 10% reduction in material mass and a 40% reduction in acid-consuming
calcite.
• Sulphuric acid leaching - extraction of 89% lithium is achieved with 2 hours of retention
time at 90°C.
• Acid consumption has been reduced by approximately 20% by including a solid- liquid
separation post leaching and recycling of the acid solution.
• Iron and aluminum removal - successfully achieved using limestone with only 2.6%
lithium loss to the iron-aluminum residue.
• The process residues can be prepared for stable, long- term tailings storage using
conventional process equipment.
• Magnesium and sodium can be successfully removed from solution by crystallization with
lithium losses of only 2.7%.
• Overall lithium recovery for the process is estimated to be 83%.
“We have made some tremendous improvements to the process design for Zeus which we expect
will result in more efficient operating and capital costs ” stated Greg McCunn, CEO of Noram .
“Currently, laboratory work is ongoing to support the production of high- purity lithium
carbonate, which we expect in the coming weeks . In addition, we are undertaking important
materials characterization test work to support permitting for the project, which will be ramping
up in Q4 2023.”
Further leach optimization work is currently being undertaken on higher -grade samples of
approximately 1,450 ppm lithium to reflect the new high-grade mine plan (see news release dated
September 6, 2023). Further improvements to lithium extraction in leaching may be achieved from
the higher-grade samples.
Figure 1 – Zeus project simplified process flow diagram.
For additional information:
Contacts:
In Europe: VP Corporate Development [email protected]
Elsewhere: Investor Relations at [email protected]
Website: www.noramlithiumcorp.com
ON BEHALF OF THE BOARD OF DIRECTORS
Sandy MacDougall
Founder and Executive Chairman
(778) 999-2159
About Noram Lithium Corp.
Noram Lithium Corp. (TSXV: NRM | OTCQB: NRVTF | Frankfurt: N7R) is focusing on
advancing its 100%-owned Zeus Lithium Project located in Clayton Valley, Nevada an emerging
lithium hub within the United States. With the upsurge in the electric vehicle and energy storage
markets the Company aims to become a key participant in the domestic supply of lithium in the
United States. The Company is committed to creating shareholder value through the strategic
allocation of capital.
Qualified Person
The technical information contained in this news release has been reviewed and approved by Greg
McCunn, B.A.Sc., P.Eng., who is a Qualified Person as defined by National Instrument 43-101
Standards of Disclosure for Mineral Projects, and also Chief Executive Officer for Noram.
Neither the TSX Venture Exchange nor its Regulation 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.
Cautionary Statement Regarding Forward Looking Information
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 opportunit ies to differ materially from those
expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements regarding, among
other things, plans for ongoing development of the Zeus Lithium Project. Factors that could cause actual results to differ materially from such
forward-looking information include, but are not limited to, regulatory approval processes, results of further exploration work, and availability of
capital on terms acceptable to the Company. 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 will 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.