Noram Adds Additional Critical Mineral to List of High-Value Byproduct Credits in Zeus Project Upgraded PEA

Rhea-AI Summary

Noram Lithium (OTCQB:NRVTF) announced that molybdenum has been added to the list of potential high‑value byproduct credits for the Zeus Project PEA, joining lithium, cesium, rubidium and potash potential. The company said preliminary internal modelling suggests byproduct credits could materially reduce projected operating costs and strengthen strategic value.

Noram will evaluate molybdenum recoverability in ongoing metallurgical and economic studies to quantify its contribution to project economics and federal critical‑mineral relevance.

VANCOUVER, BC / ACCESS Newswire / February 25, 2026 / Noram Lithium Corp. ("Noram" or the "Company") (TSXV:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) is pleased to announce the addition of molybdenum to the significant list of valuable byproduct credits that will be incorporated into the upcoming Preliminary Economic Assessment ("PEA"). The Project now hosts multiple U.S.-designated critical minerals, including lithium, molybdenum, cesium, rubidium, and potash potential.

"Preliminary internal modelling suggests that these by-product credits could materially reduce projected operating costs," said Executive Chairman, Sandy MacDougall. "Molybdenum is designated as a critical mineral by the U.S. government due to its importance in defense, infrastructure, aerospace, and advanced manufacturing. As a domestic source of multiple U.S.-designated critical minerals, the Project may also qualify for federal financing, permitting support, and strategic supply chain initiatives. Ultimately, this diversified mineral profile significantly strengthens the long-term economic and strategic value of the Zeus Project."

Primarily used to strengthen steel and high-performance alloys, molybdenum enhances corrosion resistance and heat tolerance in:

• Defense and aerospace components

• Energy infrastructure and pipelines

• LNG facilities

• Industrial manufacturing systems

• Advanced power generation

Global molybdenum supply is structurally constrained, with a significant portion produced as a by-product of copper mining. This dynamic can limit rapid supply expansion and supports long-term industrial relevance.
The Company will evaluate the recoverability and economic contribution of molybdenum as part of ongoing metallurgical and economic studies.

The potential recovery of these additional by-products may:

• Reduce projected lithium production costs through by-product revenue credits

• Diversify revenue streams across energy transition and industrial markets

• Improve projected internal rate of return (IRR) and net present value (NPV) in future economic studies

• Enhance project financing flexibility

• Increase strategic relevance under evolving U.S. critical mineral policy initiatives

As a domestic source of multiple designated critical minerals, the Zeus Project would be well-positioned for consideration under federal programs supporting supply chain resilience, permitting efficiency, and critical mineral development.

About Noram Lithium Corp.

Noram Lithium Corp. (TSXV:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) is focusing on advancing its 100%-owned Zeus Lithium Project located in Clayton Valley, Nevada an emerging lithium hub within the United States. With the upsurge in the electric vehicle and energy storage markets the Company aims to become a key participant in the domestic supply of lithium in the United States. The Company is committed to creating shareholder value through the strategic allocation of capital.

Please visit our web site for further information: www.noramlithiumcorp.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Sandy MacDougall
Founder and Executive Chairman
C: 778.999.2159

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward Looking Information

This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements regarding, among other things, plans for ongoing development of the Zeus Lithium Project. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, regulatory approval processes, results of further exploration work, and availability of capital on terms acceptable to the Company. Although Noram believes that the assumptions used in preparing the forward-looking information in this news release are reasonable, including that all necessary regulatory approvals will be obtained in a timely manner, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Noram disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by applicable securities laws.

SOURCE: Noram Lithium Corp.

View the original press release on ACCESS Newswire

FAQ

What did Noram announce about molybdenum for the Zeus Project (NRVTF) on February 25, 2026?

Noram announced the addition of molybdenum as a potential byproduct credit for the Zeus Project PEA. According to the company, molybdenum joins lithium, cesium, rubidium and potash potential and will be assessed in metallurgical and economic studies.

How could molybdenum inclusion affect Zeus Project operating costs for NRVTF?

Molybdenum could lower projected operating costs through byproduct revenue credits. According to the company, preliminary internal modelling indicates byproduct credits may materially reduce projected operating costs pending metallurgical confirmation.

Does the Zeus Project now host U.S.‑designated critical minerals for NRVTF, and which ones?

Yes. The Zeus Project now hosts multiple U.S.‑designated critical minerals including lithium, molybdenum, cesium, rubidium and potential potash. According to the company, this diversified profile may bolster strategic relevance under U.S. policies.

Will molybdenum recoverability for NRVTF be confirmed immediately or later in studies?

Recovery will be evaluated through ongoing metallurgical and economic studies rather than confirmed immediately. According to the company, testing and modelling are underway to quantify molybdenum's economic contribution to the PEA.

What strategic benefits did Noram cite for adding molybdenum to Zeus Project (NRVTF)?

Noram highlighted potential federal financing, permitting support and supply‑chain initiatives as strategic benefits. According to the company, being a domestic source of multiple U.S.‑designated critical minerals could improve financing flexibility and project relevance.