HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Nov. 5/07 6.30pm Deep Gold Mineralization Encountered-Windfall

Nov. 5/07 6.30pm Deep Gold Mineralization Encountered-Windfall

posted on Nov 05, 2007 05:26PM

Good evening folks,

Below is a PR regarding WF issued this evening at 6.30PM, I have pasted the release below for everyones ease of reference.

IMHO the market will soon realize that NOT is for real and NOT (no pun intended) just a one trick pony.

News from Marketwire

Noront Resources Ltd.: Further Deep Gold Mineralization Encountered at Depth on Windfall Lake Property

18:31 EST Monday, November 05, 2007

TORONTO, ONTARIO--(Marketwire - Nov. 5, 2007) - Noront Resources Ltd. ("Noront") (TSX VENTURE:NOT) is pleased to announce four additional significant diamond drill intersections from two deep holes recently completed on the Company's Windfall Lake Project, situated in Urban Township in the Abitibi region of Quebec.

NOT-07-152 (1465 mW, 414 mN, azimuth 165 degrees, dip -65 degrees) is a deep hole that passes more than 100 m below previously known mineralization. The following intersections confirm that mineralization has a substantial down-dip dimension.

------------------------------------------------ ------------------------------------------------ From        To      Interval         Gold ------------------------------------------------ m            m       m     ft     g/t     oz/ton ------------------------------------------------ 486.00  488.40    2.40    7.9    8.29       0.24 ------------------------------------------------ 502.00  504.00    2.00    6.6   10.80       0.32 ------------------------------------------------ ------------------------------------------------  
Hole NOT-07-157 (1310 mW, 234 mN, azimuth 340 degrees, dip -70 degrees) reported three separate mineralized intervals as follows.
------------------------------------------------ ------------------------------------------------ From        To      Interval         Gold ------------------------------------------------ m            m       m     ft     g/t     oz/ton ------------------------------------------------ 244.35  248.00    3.65   12.0    4.65       0.14 ------------------------------------------------ 255.00  259.00    4.00   13.1   19.37       0.56 ------------------------------------------------ 300.00  302.00    2.00    6.6   16.12       0.47 ------------------------------------------------ ------------------------------------------------  

This hole was designed to provide additional detail of another previously discovered zone with a view to generating a resource estimate.

The true width of these intersections has not yet been established.

The Company's previous press release, dated November 1, 2007, contains an error in reporting the second interval in NOT-07-150 that should read from 38.40 m to 41.10 m (not 46.10 m), interval 2.70 m. In addition the paragraph describing NOT-07-150 the interval not submitted for analysis should read "34.29 (not 33.29 m) to 38.40 m."

Assay samples are taken from (NQ) drill core sawed in half with one half, packaged and delivered to the Bourlamaque Assay Laboratory located in Val d' Or, Quebec for analysis. The remaining half core is stored in a secure location for future reference or further testing. The initial gold assay method comprises a 30-gram fire assay charge with an atomic-absorption finish for which the upper detection limit of this method is 10 ppm. Samples reporting greater than 2 g/t gold are re-assayed in duplicate using aliquots of the original pulp and of an additional split of the coarse rejects. The re-assay method comprises a 30g fire assay charge followed by a gravimetric finish.

Noront designates samples in batches of 20. Each batch includes a certified standard, blanks (currently silica gel) and duplicates that are inserted at random at a rate of about one of each per batch. Duplicate samples are prepared by quartering a sample interval and submitting the quarters under separate tag numbers. The assay laboratory also reports its internal standards, and blanks and duplicates. The Bourlamaque Assay Lab holds a certificate of laboratory proficiency for the analysis of gold issued under the Proficiency Testing Program for Mineral Analysis Laboratories which is administered by CANMET.

Gold assays are reported to the company in parts per million (ppm) and reported publicly by the company in grams per tonne (1 ppm equals 1 gram per tonne). Conversion to ounces per ton (oz/ton) on the attached Tables employs a factor of 34.2857 grams per tonne equalling 1 troy ounce per short ton and core width of significant zones is also given in feet (1.0 meter equals 3.28 feet).

One of the qualified persons responsible for overseeing and reviewing the technical data on the Windfall Lake project is Patrick Chance P.Eng. The technical information prepared for disclosure in this Noront news release has been approved by Mr. Chance.

The current diamond drill program utilizing two diamond drills is being completed in an orderly fashion as determined by the Company's geological team including Tracy Armstrong, P.Geo., (a qualified geologist in the Province of Quebec) of P & E Mining Consultants Inc.

Noront is a tier 2 junior resource company on the TSX Venture Exchange, trading symbol NOT, with 117,754,482 shares issued to date.

Investors are invited to visit the Noront Resources IR Hub at www.agoracom.com/IR/Noront where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to NOT@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

ON BEHALF OF THE BOARD OF DIRECTORS

R. Nemis, President and Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT:

Noront Resources Ltd. Richard Nemis  (416) 864-1456 (416) 367-5444 (FAX) Email: info@norontresources.com Website: www.norontresources.com 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

© Marketwire

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