Noram Lithium Engages GRE for PEA Update on Zeus Project in Nevada
Noram Lithium Corp. has engaged Global Resource Engineering to update the Preliminary Economic Assessment (PEA) for its Zeus project in Clayton Valley, Nevada. The update will include metallurgical studies to assess the feasibility of extracting by-products such as Rubidium, Cesium, Molybdenum, and Potassium. This follows a mineral resource estimate completed by SRK Consulting in May 2024, based on data from 91 drill holes. The incorporation of these by-products aims to enhance the economic viability and overall profitability of the project.
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Noram Lithium Corp. has appointed Global Resource Engineering (GRE) to update the Preliminary Economic Assessment (PEA) for its Zeus project in Clayton Valley, Nevada. The update includes monitoring metallurgical studies to determine the feasibility of extracting economic by-products such as Rubidium (Rb), Cesium (Cs), Molybdenum (Mo), and Potassium (K).
An earlier mineral resource estimate was completed by SRK Consulting in May 2024, utilizing data from 91 drill holes. The project aims to improve its economic viability by integrating these by-products, responding to rising demand for critical minerals highlighted by the U.S. government's Project Vault initiative, which supports a $12 billion strategic mineral reserve.
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