09:36:13 EST Sun 08 Feb 2026
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Noram Lithium Corp
Symbol NRM
Shares Issued 89,452,611
Close 2025-10-10 C$ 0.12
Market Cap C$ 10,734,313
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Noram identifies potash byproduct potential at Zeus

2025-10-14 03:34 ET - News Release

Mr. Sandy MacDougall reports

NORAM LITHIUM CORPORATION IDENTIFIES POTASH BYPRODUCT POTENTIAL AT ZEUS LITHIUM DEPOSIT

Further analysis of assay results from the 91 core holes drilled into Noram Lithium Corp.'s Zeus lithium project in Clayton Valley, Nevada, has identified additional potential byproduct opportunities that could significantly enhance the overall project economics.

As previously announced on Aug. 18, 2025, elevated concentrations of the critical elements rubidium and cesium were detected in the high-grade lithium intervals (lithium grades greater than 1,000 parts per million over a minimum of 15 feet or 4.6 metres). Subsequent re-evaluation of this same data set has revealed that these samples also contain an average of 5.17 per cent potassium, which may be recoverable as potash, a high-demand product widely used in agricultural fertilizers.

Current market data (YCharts, September, 2025) lists potash at $352.50 (U.S.) per metric tonne. Potash is typically produced as potassium chloride or potassium sulphate. When potassium is converted to these compounds, the resulting product mass increases significantly -- by approximately 1.9 times for KCl and 2.2 times for K2SO4. This implies that approximately one tonne of potash could potentially be produced from every 10 tonnes of processed Zeus lithium clay, presenting a substantial byproduct opportunity alongside lithium extraction.

"The identification of potash potential at Zeus adds another exciting layer to an already robust project," stated Sandy MacDougall, chairman of Noram. "With lithium, rubidium, cesium and, now, potash, we're looking at a truly multicommodity deposit that stands to offer multiple revenue streams. This strengthens Zeus's competitive advantage among global lithium clay projects and further enhances its attractiveness to strategic partners and investors."

Although further metallurgical testing is required to confirm these findings and evaluate recoverability, the presence of multiple potential byproducts -- rubidium, cesium and potash -- could have a materially positive impact on the future economic modelling and development plans for the Zeus lithium project.

With 91 core holes drilled to determine mineral content, along with several additional holes to assess moisture content, density and metallurgy, the Zeus deposit is considered one of the most well-defined and thoroughly understood undeveloped lithium clay deposits in the world.

About Noram Lithium Corp.

Noram is focusing on advancing its 100-per-cent-owned Zeus lithium project located in Clayton Valley, Nevada, 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.

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