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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Noront Resources Ltd. announced that the anomaly drill testing program on the Double Eagle Project continues with two machines testing visible copper-nickel sulphide as well as chromite mineralization. The chrome mineralization is found proximal and related to the shear hosted sulphides (SHS) mineralization at anomaly AT2 also referred to as Eagle Two, initially located by geophysical surveying. Assay results are being received by the Company from both SGS Mineral Services (SGS) in Toronto, and Activation Laboratories (Actlabs) in Ancaster, Ontario. These results are complying with the Company's strict QA/QC program supervised for Noront by P&E Mining Consultants of Brampton, Ontario. The Company's geologists report the following highlights with respect to chrome from their recent results emanating from its diamond drilling programs. Massive chromitite conformably underlies the shear hosted sulphides at Eagle Two (Anomaly AT2) by approximately 30-50 meters. This zone extending along a length of 150 meters and to a vertical depth of 400 meters has returned core widths of almost 70 meters. Assays for hole NOT-08-1G17 includes 49.4 meters averaging 39.1% Cr2O3 (27.4% Cr) including anomalous nickel and palladium. Assays from other holes are pending. EAGLE TWO (AT2 Anomaly) to date, 23 holes totaling 7,412.9 meters have now been completed at Eagle Two to assess the SHS occurrence discovered by Noront earlier this year Here we go with the term Massive again! Massive Chromitite...Don
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