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Noram Ventures Inc to file new Clayton Valley report after retraction

Last updated: 14:36 17 Aug 2017 EDT, First published: 05:36 17 Aug 2017 EDT

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Clayton Valley is in Nevada

Noram Ventures Inc (CVE:NRM) says an NI 43 101-compliant report is in preparation and will be filed as soon as practicable for the Clayton Valley lithium brine/clay project in Nevada.

A previous technical report dated July 24 does not comply with the requirements of National Instrument 43-101, the firm said in a regulatory statement today.

Investors should not rely on the results until a compliant report is filed, it added.

"The company is currently working to correct and rectify all of the identified issues. A NI 43-101-compliant report is in preparation and will be filed as soon as practicable," it said in the brief statement.

Noram Ventures is a junior explorer aiming to become a force in the green energy revolution through the development of lithium and graphite deposits and becoming a low-cost supplier for the burgeoning lithium battery industry, it says.

It has lithium projects in the Clayton Valley in Nevada, the Hector lode in San Bernardino county, California, the Arizaro East mineral claim located in the eastern portion of the Salar de Arizaro in northwestern Argentina and the Jumbo graphite property in British Columbia.

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