SRK Consulting was recently engaged by Noram to produce an optimised mine plan for the project.
Noram also initiated a further round of metallurgical testing with Kemetco Research to validate and refine the project’s process design.
Noram said that these works will form the basis of the Ausenco-managed PFS for the lithium project.
The PFS is planned to be carried out in two phases, with the first phase involving completing the updated business case assessment and a series of trade-off studies to include the latest metallurgical test work and key flowsheet decisions in the mining project.
Under the second phase, a PFS technical report is planned to be developed in accordance with NI 43-101 for an open-pit mine and hydrometallurgical processing facility for battery-grade lithium carbonate production.
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Noram CEO Greg McCunn said: “We are pleased to be partnering with Ausenco to continue to advance and de-risk the Zeus Lithium Project.
“The appointment of Ausenco marks a key milestone in the development of the project as we move Zeus, one of the largest lithium resources in North America, towards commercial production.”
Located halfway between Las Vegas and Reno and within 2km of Albemarle’s lithium brine-producing operations, the Zeus property covers an area of 1,133 hectares.
The Zeus project is estimated to have measured and indicated resources of 5.2 million tonnes (mt) lithium carbonate equivalent (LCE) and an additional inferred resource estimate of 1.1mt LCE utilising a 400ppm Li cut-off.