Noram Ventures Inc. (TSX VENTURE:NRM) ("Noram" or the "Company") is pleased to
report the completion of the fall drilling program at the Kokanee flake graphite
property, located approx. 50 kilometers (km) northeast of the city of Nelson on
the eastern side of Kootenay Lake in British Columbia. 


Drilling was conducted in a portion of the main zone, which is covered by an EM
(electromagnetic) anomaly and measures approx. 2,000 meters (m) in strike
length, 250 to 300m in width and at least 100m in depth. Sampling in the same
area earlier this year confirmed the presence of wide-spread, large-flake
graphite with assays ranging from 1.75% to 7% graphite.


A total of 1,335m of core drilling was completed over six holes. The distance
from hole K-01 to K-06 is approx. 1,000m and the average hole depth is approx.
225m. Drill core splitting and sampling is underway for assay preparation and
analytical results will be announced as they are received.


John R. Kerr, P.Eng. and Qualified Person as defined in National Instrument
43-101, has reviewed and verified the technical content of this news release on
behalf of the Company.


About the Kokanee Property:

Noram has an option to earn a 100% interest in the Kokanee Property, which
covers an area of 1,659 hectares. The property has undergone extensive
exploration work dating back to the 1900s with documented exploration dates to
the 1970s and all previous work focused on the base metal potential of the
property. Infrastructure for a quarry mining operation is readily accessible
near the area of the property's main (graphite) zone. CP Rail service is located
at the town of Sirdar, 45 km to the south.


About Noram Ventures Inc.:

Noram Ventures Inc. (TSX VENTURE:NRM) is a Canadian based mineral exploration
company with a project generator business model. The Company's strategy is to
identify and acquire both early stage and drill ready exploration properties,
and add value through the initial drilling and discovery phase. Noram's current
focus is on three properties in the Central Kootenay region of southeastern
British Columbia. For further information, please visit www.noramventures.com.


ON BEHALF OF THE BOARD OF DIRECTORS

David W. Rees, President & Director

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Certain statements in this release are forward-looking statements, which reflect
the expectations of management regarding exploration work on the properties and
the completion of the Offering. Forward-looking statements consist of statements
that are not purely historical, including any statements regarding beliefs,
plans, expectations or intentions regarding the future. Such statements are
subject to risks and uncertainties that may cause actual results, performance or
developments to differ materially from those contained in the statements. No
assurance can be given that any of the events anticipated by the forward-looking
statements will occur or, if they do occur, what benefits the Company will
obtain from them. These forward-looking statements reflect management's current
views and are based on certain expectations, estimates and assumptions which may
prove to be incorrect. A number of risks and uncertainties could cause our
actual results to differ materially from those expressed or implied by the
forward-looking statements, including: (1) a downturn in general economic
conditions in North America and internationally, (2) the inherent uncertainties
and speculative nature associated with mineral exploration, (3) a decreased
demand for minerals, (4) any number of events or causes which may delay or cease
exploration and development of the Company's property interests, (5) the risk
that the Company does not execute its business plan, (6) inability to finance
operations and growth, and (7) other factors beyond the Company's control. These
forward-looking statements are made as of the date of this news release and,
except as required by law, the Company assumes no obligation to update these
forward-looking statements, or to update the reasons why actual results differed
from those projected in the forward-looking statements. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lytle & Associates
Greg Lytle
(604) 839-6946
lytleg@shaw.ca

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