Great discussions today! I was under the impression that they had already hit below E1???

Is this not mentioned in the following NR? tia Don

News release via Canada NewsWire, Toronto 416-863-9350

Attention Business Editors:

Noront encounters more nickel at Eagle One, as well as intriguing

results AT12 anomaly

TORONTO, Jan. 23 /CNW/ - Noront Resources Ltd. ("Noront or the Company")

(TSX Venture: NOT) is pleased to present assay results from its base metal

exploration activities in the McFaulds Lake area of northern Ontario in the

James Bay Lowlands.

EXPLORATION HIGHLIGHTS

<<

- Hole NOT-08-44, an extension to Eagle One, averaged 4.21% Nickel,

2.14% Copper, 0.35 g/t Platinum and 6.30 g/t Palladium over 28.8

metres, including 14.1 metres of higher grade averaging 7.46% Nickel

and 3.65% Copper.

- Hole NOT-08-2G11 drilled on the AT12 anomaly encounters widespread

nickel/copper PGE mineralization over 122.9 meters grading 0.56%

Nickel, 0.29% Copper, 1.06 grammes/tonne TPM, including 5.5 metres

averaging 2.38% Nickel, 3.05% Copper, 0.92 g/t Platinum, 2.62 g/t

Palladium and 0.22 g/t Gold.

EAGLE ONE DRILL RESULTS

As previously announced (see press release dated November 10, 2008), while

testing for the north-south striking dike or conduit beneath and around the

Eagle One deposit, drill hole NOT-08-44 encountered massive sulphide

mineralization 70 metres vertically below holes NOT-08-28 and NOT-08-32.

Selected assay intervals include:

TABLE 1: SELECTED ASSAYS FROM EAGLE ONE

------------------------------------...

Hole ID from to int Ni% Cu% Pt g/t Pd g/t Au g/t Ag g/t

------------------------------------...

NOT-08-44 294.0 322.8 28.8 4.21 2.14 0.35 6.30 0.14 4.31

------------------------------------...

including 294.0 301.6 7.6 1.16 0.98 0.73 2.73 0.10 2.65

------------------------------------...

followed by 301.6 315.7 14.1 7.46 3.65 0.10 10.33 0.20 6.80

------------------------------------...

followed by 315.7 322.8 7.1 1.03 0.38 0.43 2.12 0.08 1.15

------------------------------------...

>>

While hole NOT-08-44 had the best drill intersection (not true width) of

massive sulphide, a further 10 holes drilled in the area returned

mineralization that is considered less significant. Nevertheless, this

drilling has expanded the geological and mineralogical information available

to Noront and has allowed the Company to better target further drilling on

this deposit. Details with respect to locations for these holes are available

on Noront's website at:

http://www.