Noram Lithium Corp. is providing a second update from its Phase VII drilling program underway at is 100% owned Zeus Lithium Project ("Zeus" or the "Project"), located in Clayton Valley, Nevada. In November 2023, the Company announced a ten-hole drill program at Zeus which was designed to test for the presence of a second high-grade layer, increase the drill density in the high-grade core of the deposit and complete step-out drilling to the south-east and north-west to validate the geological model.

Assay results from the first two holes of the program, CVZ-082 and CVZ-083, were previously released and showed step out drilling to the north-west has validated the geological model and expanded upon the known high- grade core of the deposit. Assay results from three further holes, CVZ-087, 088 and 089, have been received and are reported here. These holes were designed to test for the presence the presence of a second high -grade layer, as well as increase the drill density in the High-grade core of the deposit.

All three holes intersected wide bands of favourable claystone and mudstones. Highlights from the assay results from the three holes are as follows: CVZ-087: 66.3 meters at 1,153 ppm Li from 18.0 meters to 84.3 meters, including 6.8 meters at 1,783 ppm Li from 36.3 meters to 43.1 meters. CVZ-088: 64.6 meters at 1,080 ppm Li from 0 meters to 64.6 meters; including 3.3 meters at 1,705 ppm Li from 4.0 meters to 7.3 meters, and 11.0 meters at 1,330 ppm Li from 12.0 meters to 23.0 meters.

CVZ-089: 55.4 meters at 1,074 ppm Li from 8.5 meters to 63.9 meters; including 2.9 meters at 1,302 ppm Li from 22.2 meters to 25.1 meters. Deeper drilling in the high-grade core of the deposit has extended the high-grade mineralization, concentrated in the black, sulphidic clay layer below previous drilling depth. The geological thesis of the formation of the Zeus deposit developed following an extensive surface mapping and core relogging exercise in 2023 is being confirmed by assay results from new drilling in the high-grade core.

A strip log of hole CVZ-087 highlights the concentration of lithium and other elements in the black, sulphidic clay layer, with corresponding addition of potassium and depletion of sodium. CVZ-033 was a shallow hole drilled during a previous phase of drilling which ended in high-grade mineralization with the final samples on the shallow hole averaging 2,380 ppm lithium. Nearby, CVZ-087 has confirmed this high-grade mineralization and shown that it extends a further 10-15 meters in depth.