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Noram Lithium NRM.V · CAD

Materials · TSX Venture · 🇨🇦 Canada

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0.05

-9.09%

Close of 9 Nov 2026, in CAD

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About Noram Lithium

Its shares trade on TSX Venture under the ticker NRM.V. It has been listed since 29 July 2011.

Noram Lithium Corp. is an exploration stage company, which engages in the acquisition, exploration, and development of resource properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2011-07-29. The firm is focused on advancing its Zeus Lithium Project (Zeus) in Clayton Valley, Nevada. The Zeus consists of 146 placer claims and 136 lode claims. The Zeus property is approximately halfway between Las Vegas and Reno; and within two kilometers of Albemarle Corporation’s lithium brine producing operations (Silver Peak Mine). The perimeter of the Zeus claims is located within 1-mile (1.6 kilometers) of Albemarle Corporation’s (Albemarle’s) lithium brine operations. The property is comprised of 1,133 hectares which is the equivalent of 2,800 acres. The Zeus project indicated resource estimate of 5.17 million tons (Mt) LCE (1,034 Mt at 941 ppm lithium), and Inferred Resources of 1.09 Mt LCE (235 Mt at 871 ppm lithium).

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
29 Jul 2011

Leadership

Pay as last reported

  • Mr. Cyrus DriverInterim Chairman of the Board, since 2016C$201,879
  • Mr. Gregory MccunnChief Executive OfficerC$30,000
  • Ms. Anita AlgieChief Financial Officer, Director, since 2018C$263,049
  • Mr. Brad PeekVice President - ExplorationC$603,045
  • Mr. Arthur BrownIndependent DirectorC$307,502

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Headquartered in Vancouver, British Columbia, with a focus on advancing the Zeus Lithium Project in Clayton Valley, Nevada.
  • The Zeus Lithium Project is located near Albemarle Corporation's lithium brine operations, providing potential synergies.
  • The property comprises 1,133 hectares (2,800 acres) with indicated and inferred resource estimates.

Weaknesses

  • The company is currently in the exploration stage, indicating limited operational progress.
  • The resource estimates are based on indicated and inferred categories, which are less certain than measured or proven resources.
  • The company's IPO occurred in 2011, suggesting a long history without significant commercial production.

Opportunities

  • Proximity to Albemarle Corporation's operations could facilitate partnerships or technology sharing.
  • The Zeus Lithium Project's resource estimates may attract investment for further development.
  • The growing demand for lithium in the electric vehicle and energy storage sectors presents market potential.

Threats

  • The exploration stage status increases the risk of project delays or failure.
  • Resource estimates are subject to geological and economic uncertainties.
  • Competition from established lithium producers could impact market positioning.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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