Yes, I can (after some googling on how to do that). Additionally, I just discovered that the 970 had been converted as a storage pool. I deleted the pool and now the drive shows up in disk management (see image). However, when I right click I do not get the normal "Initialize drive" option. Just "New Simple Volume", "Properties", and "Help". Not sure how to get it formatted or partitioned from here.
Try the new simple volume on the unallocated space, give it a drive letter, and so on.