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: NORONT NEWS

NORONT NEWS

posted on Apr 08, 2008 06:51AM
April 8, 2008
Noront Resources - Press Release


Noront Commences Work Programme on Hawk Uranium Inc. 50/50 JV Property-"Ring of Fire" Area, McFaulds Lake


TORONTO, ONTARIO - (April 8, 2008) - Noront Resources Ltd. (TSX VENTURE: NOT) ("Noront") has recently advised Joint Venture partner Hawk Uranium Inc. (TSX VENTURE:HUI) ("Hawk") that Noront has commenced the 2008 Exploration Field Programme on the 50/50 Joint Venture Property in the "Ring of Fire" McFaulds Lake Area, Northeastern Ontario.

Noront has further advised Hawk that it has completed in excess of 345 line kilometers of helicopter borne AEROTEM2 and Magnetic Geophysical Surveys by Aeroquest International Ltd at 100m line spacing over the JV Property and have received preliminary interpretation from Scott Hogg & Associates Ltd. of Toronto, Ontario.

A linecutting program covering in excess of 132 kilometers, has been initiated over a number of Priority 1 Geophysical Targets. This will be followed by a number of ground geophysical surveys including HLEM - Max-Min, ground magnetics & VLF, as a first pass, followed by gravity and TDEM (time domain electromagnetic) surveys to better refine the airborne geophysical anomalies to depth.

It is anticipated that once the geophysical surveys are completed, a diamond drilling program will be recommended utilizing one of the three recently acquired drill rigs owned and operated by Orbit Forages of Val d'Or, Quebec, on assignment at the Noront "Ring of Fire" project.

Vance White of Hawk states "Hawk is very pleased that Noront has selected our property from amongst the other Joint Venture properties, to kick of the 2008 exploration season in the Ring of Fire. There are very similar geophysical signatures to some of Noront's known showings in the area.

Comments in this press release have been completed under the supervision of Noront's senior management including Neil Novak P.Geo., a director and Vice President-Exploration and John Harvey P.Eng. Executive Vice President of Noront, being Qualified Persons under Canadian Securities guidelines.

Noront is a tier 2 junior resource company on the TSX Venture Exchange, trading symbol NOT, with 125,573,082 shares issued to date.

Investors are invited to visit Noront's IR Hub at http://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 toNOT@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

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

CONTACT INFORMATION:

Noront Resources Ltd.
Richard Nemis
(416) 864-1456
Website: http://www.norontresources.com

 

   
 
   
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