• TSX-V: NRM
  • OTCQB: NRVTF
  • Frankfurt: N7R1

Zeus Lithium Project
Preliminary Economic Assessment

Robust Economics (After-Tax)*

US$2.67 Billion Net Present Value (NPV@8%)1

52% Internal Rate of Return (IRR)1
Low Operating Cost of US$3,355/tonne1
40 Year Mine Life1

Resource Estimate

1.78 MT LCE Measured + Indicated2

(363.13 MT at average grade of 923ppm)

3.90 MT LCE Inferred2

(827.22 MT at average grade of 884ppm)

* Modelled Price $14,250/tonne LCE in PEA
1 Preliminary Economic Assessment Zeus Project, December 2021 ABH Engineering
2 Mineral Resources are reported in the August 16, 2021 NI 43-101 Technical Report at a cut-off Li grade of 400ppm
Note: LCE: Lithium Carbonate Equivalent
Corporate Presentation

Zeus Lithium Project
Preliminary Economic Assessment

Robust Economics (After-Tax)*

US$2.67 Billion Net Present Value (NPV@8%)1

52% Internal Rate of Return (IRR)1
Low Operating Cost of US$3,355/tonne1
40 Year Mine Life1

Resource Estimate

1.78 MT LCE Measured + Indicated2

(363.13 MT at average grade of 923ppm)

3.90 MT LCE Inferred2

(827.22 MT at average grade of 884ppm)

* Modelled Price $14,250/tonne LCE in PEA
1 Preliminary Economic Assessment Zeus Project, December 2021 ABH Engineering
2 Mineral Resources are reported in the August 16, 2021 NI 43-101 Technical Report at a cut-off Li grade of 400ppm
Note: LCE: Lithium Carbonate Equivalent

Recent News

Jun 30 2022
Noram Receives Results for CVZ-81 with High-Grade Long Intercept of 330ft with Weighted Average 1169 ppm Li and Li High of 1810 ppm
Read More
Jun 23 2022
Noram Receives Results for CVZ-80 with High-Grade Intercept of 238ft and Li High of 1720ppm
Read More
Jun 16 2022
Noram Receives Results For CVZ-79: High-Grade Intercept Of 260.0 Ft (79.2 M) Averaging 1185 PPM & High Of 1660 PPM
Read More
View All
Map