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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[CNW] Noront Resources announces Eagle's Nest assay results at McFauld's Lake Project, James Bay Lowlands


	    <<
	    Symbol:               NOT:TSX-V
	    Shares Outstanding:   163,631,957
	    Fully Diluted:        173,461,957
	    >>

	    TORONTO, Sept. 15 /CNW/ - Noront Resources Ltd. ("Noront" or the
"Company") (TSX Venture: NOT) is pleased to report newly obtained assay
results of completed drill holes from the Company's Eagle's Nest deposit at
the McFauld's Lake Property located within the Ring of Fire mineral district.
The Eagle's Nest deposit currently includes the original Eagle 1 deposit now
known as the Eagle 1Aas well as the 1B and 1C lenses recently discovered
beneath Eagle 1A.
	    Nine holes with complete results are being reported herein, including six
holes with significant assay results, two holes with no significant assay
results and one hole abandoned before reaching the target area due to
excessive deviation.

	    <<
	    HIGHLIGHTS:
	    -----------

	    -   Hole No.NOT-09-53W1 intersected 54.7metres (873.3-928m) averaging
	        2.31% Ni, 1.91% Cu, 1.43gpt Pt and 5.77gpt Pd
	    -   Hole No.NOT-09-56 intersected 68.6 metres (526.4-595m) averaging
	        1.99% Ni, 0.94% Cu, 1.05gpt Pt and 3.57gpt Pd
	    -   Hole No.NOT-09-57 intersected 50.81 metres (545.2-596.m) averaging
	        1.94% Ni, 1.05% Cu, 1.38gpt Pt and 3.38gpt Pd
	    >>

	    Four of the six holes (NOT-09-55, 56, 57, 58) that returned significant
results from the Eagle's Nest tested the Eagle 1B lens and two (NOT-09-53,
53W1) tested the Eagle 1C lens, both located vertically under the near surface
Eagle 1A lens as described in Noront's previous press release dated August 5,
2009.
	    The following table summarizes the results from holes NOT-09-51 through
NOT-09-58.
	    Hole NOT-09-50 was not drilled in the Eagle's Nest conduit but tested
another conduit 200 meters to the south-east of hole NOT-09-49 with no
significant results. This hole was planned and executed as a platform for
borehole electromagnetic surveys (BHEM).
	    Noront's President and CEO, Wes Hanson, states: "The Eagles Nest
continues to return grades that are consistent with those estimated for the
Eagle 1A resource, confirming the potential to increase our nickel, copper and
platinum group element resources through additional drilling of the 1B and 1C
lenses. Our exploration focus will continue to be directed towards this goal
for the immediate future. We have also initiated a detailed review of the
significant geophysical data collected at McFauld's Lake with the objective of
prioritizing future targets for 2010 and beyond."

	    <<
	    The following table summarizes the results of the nine holes disclosed
herein:

	    -------------------------------------------------------------------------
	                                     MINERAL-
	               FROM     TO    INT.   IZATION    NI   CU    Pt   Pd   Au   Ag
	    HOLE ID     (m)     (m)   (m)     TYPE       %    %   g/t  g/t  g/t  g/t
	    -------------------------------------------------------------------------
	    NOT-09-51                   NO SIGNIFICANT RESULTS
	    -------------------------------------------------------------------------
	    NOT-09-52                   NO SIGNIFICANT RESULTS
	    -------------------------------------------------------------------------
	    Eagle 1C
	    -------------------------------------------------------------------------
	                                       Net
	    NOT-09-53     854  880.4  26.4   Textured   1.29 0.39 0.72 2.91 0.07 1.76
	    -------------------------------------------------------------------------
	                                   Net Textured
	    NOT-09-53W1 873.3    928  54.7   /Massive   2.31 1.91 1.43 5.77 0.24 6.37
	    -------------------------------------------------------------------------
	    Including   917.9    926   8.1    Massive   5.04 2.83 1.14 8.60 0.05 8.26
	    -------------------------------------------------------------------------
	    NOT-09-54                    ABANDONED BEFORE ZONE
	    -------------------------------------------------------------------------
	    Eagle 1B
	    -------------------------------------------------------------------------
	                                       Net
	    NOT-09-55   501.5  507.3   5.8   Textured   1.26 0.42 0.51 1.91 0.11 1.43
	    -------------------------------------------------------------------------
	                                   Net Textured
	    NOT-09-56   526.4    595  68.6   /Massive   1.99 0.94 1.05 3.57 0.12 2.90
	    -------------------------------------------------------------------------
	    Including   526.7    532   5.3   Massive    4.77 1.95 0.84 6.75 0.11 4.34
	    -------------------------------------------------------------------------
	                                   Net Textured
	    NOT-09-57   545.2  596.0  50.8   /Massive   1.94 1.05 1.38 3.38 0.15 3.13
	    -------------------------------------------------------------------------
	                                       Net
	    NOT-09-58   431.9  441.3   9.4   Textured   1.30 0.52 1.07 1.90 0.06 1.30
	    -------------------------------------------------------------------------
	    >>

	    The mineralized intervals do not represent true widths, which cannot be
determined at this time.
	    Please refer to Noront's website to view a surface plan, please view
http://norontresources.com/find/id/18/Cc showing the location of the drill
hole collars and a horizontal trace of their paths. Also on the Noront website
is a longitudinal section please view http://norontresources.com/find/id/19/$w
showing the pierce points and traces of the mineralized intersections through
the Eagle 1B and 1C lenses.
	    Jeremy Niemi, Noront's Vice President Geology notes; "While drilling
conditions have been challenging, especially considering the depth of the
Eagle 1B and 1C lenses, the exploration team is adapting to the conditions and
continuing to expand our understanding of these two new lenses. Each hole
sheds new light on our deposits and with the recent addition of a fourth, more
powerful drill and full time directional drilling controls, this will benefit
the exploration effort at Eagle's Nest going forward."

	    <<
	    Exploration Update:
	    -------------------
	    >>
	    At present, four drills are currently active, testing the dimensions of
the Eagle's Nest lenses in all directions with the intent of increasing the
nickel-copper and PGM resources. Three of the drills are testing the
mineralized areas down to a vertical depth of 1,000 meters and a fourth drill
recently added, is capable of reaching 1,500 meters vertically. Additional
drills capable of testing in excess of 1,500 meters will be added during the
winter drill program.
	    Directional drilling equipment is now onsite to ensure the drilling
targets are encountered with minimal drill hole deviation and to permit
wedging or fanning from "master holes" at depths where new holes from surface
would be less efficient and more time consuming.
	    All drill holes are currently evaluated using Bore Hole geophysics (BHEM)
to assist in the interpretation of the nickel-copper-PGE mineralization and to
assist in targeting future drill holes. Since hole NOT-09-49, all drill holes
targeting the Eagle's Nest have been angle holes planned to cross the
vertically dipping mineralization along east-west cross sections parallel to
east-west coordinate lines of the Universal Transverse Mercator (UTM) grid
system. A surveyed (GPS Gradient) grid of east-west lines with UTM coordinates
has been established on the surface to facilitate accurate orientation of the
drill hole collars. Results from additional drilling will be released as
complete results from new holes become available.

	    <<
	    Corporate Update:
	    -----------------
	    >>
	    Noront Resources would like to inform shareholders that effective
September 15, 2009, John Harvey will be leaving the Company. Mr. Harvey's
contributions to Noront will be forever be associated with the Company's
current and future success in the Ring of Fire. On behalf of all management
and employees of Noront Resources, we wish John all the best in the future.

	    INDEPENDENT QUALITY CONTROL AND ANALYTICAL PROTOCOL

	    A thorough quality control program has been in effect for the Eagle One
project which includes grouping samples into batches of 35 into which are
added 2 certified reference material standards, 2 field and pulp duplicates
also form part of the QC program. It can be said with confidence that all
assays are reported in this Press Release have passed the strict quality
control guidelines as set out by Noront's independent Qualified Person
("IQP").
	    All samples reported upon herein were completed by Activation Labs
(Actlabs) of Ancaster, Ontario. The samples submitted to Actlabs were analyzed
for multi-elements, including Ni and Cu using a four acid digestion and by ICP
analysis. The samples that received base metal values greater than the upper
limit for the method underwent further analysis using ICP-OES. For the Au, Pd
and Pt, the assay methodology was Fire Assay on a 30 gram aliquot with an ICP
finish. Silver was analyzed using a 3-acid digest with an ICP analysis. For
more information on assay methodology please visit the Activation Laboratories
Ltd. Website at http://www.actlabsint.com.
	    Preparation of drilling results in this press release has been supervised
by Noront's senior management including Jeremy Niemi, P.Geo. Vice President,
Geology, who is a Qualified Person under Canadian Securities Administrators
guidelines. At the current stage of exploration there is insufficient drilling
to determine the extent of continuity of the mineralization required to define
a mineral resource at Eagle 1B and 1C.

	    About Noront:

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