Noram Lithium completes review of assay data at Zeus

Executive Summary

• Noram Lithium reports high‑grade rubidium (≈ 290 ppm) and cesium (≈ 55 ppm) concentrations in lithium‑rich (>1,000 ppm Li) claystone from its Zeus deposit.
• The presence of these strategic critical metals could add a significant by‑product revenue stream and enhance the overall economics of the project.
• Current market prices for high‑purity rubidium (~US$3,327/oz) and cesium (~US$2,873/oz) suggest substantial upside potential if commercial extraction is achieved.

Key Details

• Assay review covers 91 core holes and 3,407 intervals drilled between 2016 – 2023; 1,267 intervals meet the >1,000 ppm Li & ≥15‑ft thickness criteria.
• Average concentrations in the selected lithium zones: 290 ppm Rb and 55 ppm Cs.
• Current (16 Aug 2025) Shanghai Metals Market prices: $3,327/oz for rubidium, $2,873/oz for cesium (99.5%+ purity, VAT included).
• Chairman Sandy MacDougall emphasizes strategic advantage of diversified commodity exposure and alignment with U.S. critical mineral supply goals.
• Qualified Person Brad Peek, MSc, CPG (VP Exploration) has reviewed and approved the technical data per NI 43‑101 standards.

Notable Quotes

“Rubidium and cesium are rare, strategically important elements… Extracting cesium and rubidium as valuable byproducts can substantially increase the project's overall profitability.” – Sandy MacDougall, Chairman & Director

“These high‑value, critical elements … offer our shareholders a unique opportunity to participate in the supply chain for these vital commodities.” – Sandy MacDougall