Noram Ventures Inc. announced the completion of the second hole of its 10 hole drill program; referred to as CVZ-83. CVZ-83 was drilled to a depth of 770 feet (234.7m). It is the deepest hole ever drilled on Noram's wholly-owned Zeus Project in Clayton Valley Nevada, USA.

The core has been cleaned, logged, photographed and is in the process of being sampled for assay by the crew with the independent consulting group Big Rock Exploration of Duluth, Minnesota, USA. The hole was drilled approximately 860 feet (265 meters) north of CVZ-82, reported in Noram's most recent news release. After passing through 13.5 feet (4.11m) of unconsolidated surface gravel, the hole encountered the green tuffaceous mudstones and volcanic rocks logged in previous drill holes.

These rocks extend to the bottom of the hole, a thickness of 756.5 feet (230.6m). From previous drilling, it is believed that the tuffaceous mudstones and volcanics are highly prospective for the high-grade lithium values that have become the norm for the Zeus deposit. If this is proven to be true from the pending assays, it will increase the deposit to the northwest from its previously defined extent.

With the completion of CVZ-83, the drill has moved to CVZ-84 and drilling is in progress. Sampling of the core using an industry standard QA/QC protocol is underway. Samples are to be delivered to ALS Laboratories in Reno, Nevada for assaying.

Assay results are pending.