Pinnacle Digest: Assay Results From Double Eagle Spur Interest

Sep 12, 2007 (M2 PRESSWIRE via COMTEX) -- At www.pinnacledigest.com we aim to provide you with a more comprehensive and informative approach to the market and sector this mining company operates within.

Noront Resources Ltd. (NOT) experienced a 6.32% surge in share value combined with over 17 million shares traded. On September 11th they announced partial assay results from the first hole of the diamond drilling program at their Double Eagle project located in James Bay Lowlands, northeastern Ontario. These results have justified a follow up review by our team at PinnacleDigest as we believe it will have a direct influence over the short and long term direction of this company. To learn more about the sector most influencing Noront Resources and to find out exactly what our multi-purpose, online financial magazine has to offer, visit us at www.pinnacledigest.com .

PinnacleDigest reviews and updates the sectors which are home to our featured companies constantly. We are currently focused on the small to mid cap mining companies within North America. Our main goal has and will always be to enhance our members approach to the market, while adding additional research.

The threat of reduced demand for resources is the issue most worrisome for mining and resource based companies. We believe the markets will stabilize after volatility hit record highs in past weeks due to the sub prime mortgage meltdown in the US. The oil and gas sector is also becoming a focus at PinnacleDigest as the price of oil has risen dramatically of late. The TSX Composite moved up 78.79 points Tuesday closing at 13704.28.

US stocks moved up the most this month on sentiment consumer spending will lessen the current economic slowdown. It is obvious that the markets have a long way to go before regaining stability and positive momentum. The Dow average soared 180.54 points Tuesday to end at 13,308.39. We will be continuing to closely monitor the financial sector as they move through this strenuous time.

The S&P 500 added 19.79 to close at 1,471.49. PinnacleDigest announced its new featured company over the Labor Day weekend and invite you to visit our multi-purpose online financial magazine to learn more about exactly what we have to offer.

In respect to Noront Resources Ltd. we are interested in their most recent development, but even more specifically the trend of the sector influencing their ultimate success. In respect to their highlights from the recent program, Hole NOT-07-01 partial assay results, 36 meters averaging 1.84% nickel, 1.53% copper, with more results to follow. We are not interested in specific highlights, but the potential of the entire deposit. Richard Nemis their President and CEO stated, "The Double Eagle project, management is very pleased with the progress and recognizes that this project will be another of Noront's outstanding portfolio of excellent properties." We will be following up with Noront Resources as they progress during this pivotal time period. To follow up with Noront Resources and to find out exactly how our online financial magazine can benefit you as an investor, visit us at www.pinnacledigest.com .