NORAM RE-MOBILIZES CREW TO COMPLETE 55-HOLE DRILLING PROGRAM IN NEVADA’s CLAYTON VALLEY Sample assays from the main target area returned a maximum value of 1670 ppm lithium with an average value of 621 ppm lithium over 77 samples
TSX-Venture: NRM
Frankfurt: N7R
OTCBB: NRVTF
FOR IMMEDIATE RELEASE
NORAM RE-MOBILIZES CREW TO COMPLETE
55-HOLE DRILLING PROGRAM IN NEVADA’s
CLAYTON VALLEY
Sample assays from the main target area returned a maximum value of 1670 ppm
lithium with an average value of 621 ppm lithium over 77 samples
Vancouver, B ritish Columbia – January 4th , 201 7 – Noram Ventures Inc . (TSX-Venture:
NRM / Frankfurt: N7R / OTCBB: NRVTF ) (“Noram” or the “Company”) is pleased to
announce it s wholly owned subsidiary Green Energy Resources (“Green Energy”) has re -
mobilized its drilling contractor to complete the balance of the Phase I drilling program on
its Clayton Valley, Nevada lithium clay property.
The Phase I core drilling program is focused on Noram’s South Block claims with some 50 holes
being drilled in the main target area that measures approximately two and a half miles (4.1 km) by
one and a half miles (2.4 km) on the Zeus claims and border of the Zeus Extension claims (Photo
1). And an additional five holes be ing drilled on the adjacent Hades claims around the historical
shaft where lithium values over 1,000 ppm were sampled f rom the spoil pile ( Photo 2). Analytical
results from drill core samples will be incorporated into a N ational Instrument 43-101 resource
estimate.
“We are delighted to kick off 20 17 with the continuation of our Phase I drill ing program in
Clayton Valley,” said Mark Ireton, President and CEO of Noram. “We completed 20 holes prior
to the holiday break and the drill crew commenced work today on the balance of the 55 hole
program. We should be completed within the next 3 weeks, weather permitting.”
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 properties. Current projects include lithium
properties in the Clayton Valley of Nevada and the Hector Lode in San Bernardino County,
California; and the Jumbo graphite property in southeastern British Columbia. Noram’s long term
Noram Ventures Inc.
Suite 300 – 1055 West Hastings Street, Vancouver, BC Canada V6E 2E9
Tel.: 778.775.1528 | Website: www.noramventures.com | email: [email protected]
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.
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.