Noram Ventures Inc.

12:26 PM EST - Noram Ventures Inc. : Provided first assay results from the Phase III drill program on Noram's flagship Zeus property in the Clayton Valley, Nevada. Assays from Noram's first drill hole, of its Phase III drilling campaign have been released by ALS Laboratories, Reno, Nevada. The geologic log showed that the top 85 feet (26 metres) of the hole contained olive green claystone and mudstone very similar to that seen in holes within the resource area. The bottom 15 feet (4.6 metres) contained gray, green and brown limestone, sand and conglomerate along with some mudstone. CVZ-45 may well be deepened at a later time to determine the significance of the sandy, conglomeratic layers in the lower part of this hole. Noram Ventures Inc. shares V.NRM are trading up $0.005 at $0.31.