Noram Completes Phase II Sampling On The South Block Portion Of Its Lithium Brine/Clay Project In Nevada's Clayton Valley

Initial results announced on June 9th 2016, on Zeus Claims Returned Lithium Values Ranging from 196ppm to a high of 760ppm with an Average Value of 530ppm Lithium

VANCOUVER, BC / ACCESSWIRE / July 14, 2016 / Noram Ventures Inc. (TSX-V: NRM and Frankfurt: N7R) ("Noram" or the "Company") is pleased to announce the completion of Phase II surface and sub-surface sampling on its South Block Extension, which includes the Hades, Zeus and Spartan lithium brine/clay claim groups (Figure 1).

As part of the Phase II program total of 81 surface and sub-surface samples were taken on the claims. Bradley Peek, MSc and Certified Professional Geologist of Harrison Land Services, supervised the sampling program and expedited the samples daily to ALS in Reno, Nevada, for MS-ICP analysis. Phase II assay results are expected to be received over the next 7 days.

Phase I Results on Zeus Claim (June 9, 2016)

Laboratory Results

K

Li

Mg

Na

P

Sr

Sample ID

Description

(%)

(PPM)

(%)

(%)

(%)

(PPM)

ZS-001

Greenish tan, soft friable mudstone. No visible bedding.

5.38

770

2.12

2.33

0.046

1910

ZS-002

Light tan, chalky-looking siltstone. In beds 1 -5 cm thick. Non-calcareous.

5.16

196

0.44

3.42

0.02

2720

ZS-003

Greenish tan, soft, friable mudstone. No visible bedding.

4.99

670

1.77

3.38

0.053

842

ZS-004

White, weathering FeOx, hard, well fractured claystone.

4.59

313

0.76

3.26

0.02

6370

ZS-005

Light green, soft claystone. Below 1 foot thick white to light orange to buff, salty mudstone.

4.1

670

0.98

2.09

0.025

284

ZS-006

Light green, micro-porous, crumbly, leached claystone (tuff?). In beds approximately 3 mm thick.

4.14

760

1.7

3.71

0.014

533

ZS-007

Light tan, micro-porous, crumbly, leached claystone (tuff?). In beds 2 - 5 mm thick. Is approximately 3 feet below ZS-006.

2.97

327

0.81

2.56

0.011

1185

The Hades, Zeus and Spartan claim groups form part of the South Block Extension recently acquired by staking through Noram's wholly owned subsidiary, Green Energy Resources. The South Block consists of 738 claims in three contiguous claim groups (Zeus, Hades and Spartan) and covers approximately 14,738 acres. For additional information, see news releases of May 26, 2016, June 7, 2016 and June 9, 2016.

"Noram continues to amass one of the largest land packages in Nevada's Clayton Valley," said Noram's president Mark Ireton. "Our non-contiguous North and South Blocks now total 888 claims covering 17,738 acres and are positioned both north and south of Albemarle's Silver Peak mine, North America's only lithium producer."