Mr. Sandy MacDougall reports
NORAM LITHIUM CORP. REPORTS SIGNIFICANT LEVELS OF CRITICAL METAL CESIUM AND RUBIDIUM DRILL HOLE ASSAYS FROM THE ZEUS DEPOSIT
Noram Lithium Corp. has completed a full review of the assay data from the company's flagship Zeus lithium deposit in Clayton Valley, Nev. Notably, high results of the critical minerals, rubidium (Rb) and cesium (Cs), have the potential for an additional resource of significant economic value.
"Rubidium and cesium are rare, strategically important elements mainly sourced as byproducts from lithium and pollucite mining. They serve critical roles in advanced electronics, telecommunications and medical technologies. Their scarcity and specialized demand maintain a high value. Extracting cesium and rubidium as valuable byproducts can substantially increase the project's overall profitability," stated Sandy MacDougall, chairman and director. "As our investors know, relying solely on one commodity can be risky due to market volatility. Having access to cesium and rubidium metals that occur naturally within our project offers a strategic, economic and political advantage, especially in the context of U.S. efforts to secure critical mineral supplies in markets that are forecasted to almost double in approximately the next five years."
Assay data
The data analyzed are from seven phases of drilling spanning seven years (2016 to 2023) and includes 91 core holes and 3,407 assayed intervals. Of these assays, 1,267 with greater than 1,000 parts per million lithium and over a minimum 15-foot thickness were selected as being the most likely to be mined due to their high grade and location. A summary of these assays is given in Table 1.
Discussion
Current prices for rubidium and cesium (greater than 99.5 per cent) are approximately $3,327 (U.S.)/ounce and $2,873 (U.S.)/oz (Shanghai Metals Market prices, Aug. 16, 2025, VAT (value-added tax) included), respectively. With the greater than 1,000 ppm Li (lithium) claystone material containing 290 ppm Rb and 55 ppm Cs, these metals have the potential to significantly enhance the value of the Zeus deposit.
Their economic value can be high per kilogram, especially for high-purity forms used in precision electronics or medical applications. Economically, producing these minerals as byproducts from existing mining operations can be highly profitable, especially when market conditions favour increased demand and limited supply.
"These high-value, critical elements are essential in advanced electronics, telecommunications and medical technologies, offering our shareholders a unique opportunity to participate in the supply chain for these vital commodities. Their occurrence as valuable byproducts not only increases the project's overall profitability but also positions us as a key player in the domestic critical minerals market. This development underscores the project's potential to deliver substantial value for investors, supporting U.S. strategic priorities while creating long-term growth opportunities," commented chairman Sandy MacDougall.
About Noram Lithium Corp.
Noram Lithium is focusing on advancing its 100-per-cent-owned Zeus lithium project located in Clayton Valley, Nev., 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 Brad Peek, MSc, CPG, who is a qualified person as defined by National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, and vice-president of exploration for Noram.
About Noram Lithium Corp.
Noram Lithium is focusing on advancing its 100-per-cent-owned Zeus lithium project located in Clayton Valley, Nev., 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.
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