Noram Lithium - Announces Binding LOI Worth $14M USD With Lithium Royalty
Please share this interview: Noram Lithium Corp. (TSXV: NRM | OTCQB: NRVTF | FRA: N7R) is a Canadian based junior exploration company with a goal of developing lithium deposits and becoming a low - cost supplier to meet the growing global EV market and renewable energy sector. The Company's primary business is the Zeus Lithium Project in Clayton Valley, Nevada. The Zeus Project has a new resource estimate of 363 million tonnes at 923 ppm lithium measured + indicated resources, and 827 million tonnes lithium at 884 ppm lithium inferred resources at a 400 ppm grade cut-off. Investment Highlights • Positioned to take advantage of the green energy revolution • Noram’s flagship property is the Zeus lithium claystone project in Clayton Valley, Nevada with a strategic location adjacent to the only other U.S. producer and the Tesla Gigafactory • 100% ownership (no royalties) of Zeus Property • Strong Cash Position: $3.1M in cash as at April 30, 2021 • Established strategic relationships in Nevada • Strong management and technical team • Minimal dilution with current low market cap provides upside value for shareholders • Large resource size increases: 70% for measured+indicated, 369% for inferred resources • Near Surface Resources = Low Strip Ratio • Open at Depth – 55 of 70 holes ended in Mineralization • Next Steps: Preliminary Economic Assessment in the coming weeks Website: https://noramlithiumcorp.com/ Fact Sheet: https://noramlithiumcorp.com/investors/fact-sheet/ Corporate Presentation: https://noramlithiumcorp.com/investors/presentations/ Investor Relations: Richard Matthews T: (604) 767-7179 rmatthews@integcom.us Website | https://provenandprobable.com/ Call me directly at 855.505.1900 or email: Maurice@MilesFranklin.com Precious Metals FAQ - https://www.milesfranklin.com/faq-maurice/ Proven and Probable Where we deliver Mining Insights & Bullion Sales. I’m a licensed broker for Miles Franklin Precious Metals Investments (https://www.milesfranklin.com/contact/). Andy Schectman is the President of Miles Franklin. Where we provide unlimited options to expand your precious metals portfolio, from physical delivery, offshore depositories, and precious metals IRA’s. Call me directly at (855) 505-1900 or you may email maurice@milesfranklin.com. Proven and Probable provides insights on mining companies, junior miners, gold mining stocks, uranium, silver, platinum, zinc & copper mining stocks, silver and gold bullion in Canada, the US, Australia, and beyond.