Noront partners to provide PDAC Mining Matters Aboriginal Youth Outreach Summer
posted on
Aug 13, 2010 07:10AM
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)
Symbol: NOT:TSX-V
Shares Outstanding: 175,633,642
Fully Diluted: 187,075,793
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>>
TORONTO, Aug. 13 /CNW/ - Noront Resources Ltd. ("Noront" or the "Company") (TSX
Venture: NOT) is pleased to announce that we have partnered with Ontario's
Ministry of Aboriginal Affairs and Ministry of Northern Development, Mines &
Forestry, to sponsor the PDAC Mining Matters Aboriginal Youth Outreach Summer
Camp in the First Nation communities of Webequie and Marten Falls.
The two week-long camps begin on August 16th in Webequie and on August 24th in
Marten Falls. The Mining Matters Aboriginal outreach program introduces 60
Aboriginal youth, ranging from ages nine to nineteen, to a wide range of
practical geological and mineral exploration activities including prospecting,
claim staking, mapping, the use of GPS technology and the application of
environmental geochemistry. Mining Matters also highlights the array of job
opportunities available in the minerals industry.
Leanne Hall, Vice President Human Resources, Noront Resources Ltd. notes:
"Introducing the youth of these First Nation communities to rocks, minerals and
geology in a fun, educational camp setting is an honour. These young people are
our future, and there is no time like the present to invest in their learning of
our great mining industry."
The importance of the traditional role of Aboriginal peoples in land and
resources management is gaining recognition among the various resource
industries in Canada. We have the opportunity to build on this recognition
especially as the Aboriginal youth in the northern populations reach work force
age.
Mining Matters is well aware that many Aboriginal communities are close to
Canada's mineral exploration and mine sites. Programming is developed with
special attention to the local geology of the camp location and utilizes local
mentors who work in the minerals industry. Raising the students' awareness of
the minerals industry and its importance in our everyday lives is critical to
encouraging post secondary interest in geology and Earth science courses of
study.
The program teaches the students about our abundant natural resources with an
emphasis on the environment, new technology and sustainable development.
"PDAC Mining Matters is committed to building on existing education and training
initiatives as well as developing new programs to engage Aboriginal youth and
develop an interest in the minerals industry. We understand that building new,
and strengthening existing partnerships with First Nations, industry and
educational partners is critical to designing and delivering effective
programs." notes Patricia Dillon, President PDAC Mining Matters.
For more information contact: Leanne Hall, Vice President, Human Resources,
Noront Resources Ltd.
105 Adelaide Street West, Ste. 1100 Toronto, Ontario M5H 1P9 T. 416 367 1444 ext
110
Also, please note that the 250,000 options disclosed in press release dated
August 9th 2010, have a 5-year expiry period.
About PDAC Mining Matters
Prospectors and Developers Association of Canada Mining Matters (PDACMM) is a
registered charitable organization dedicated to mineral resource education. It
was established in 1997 and works to educate students about Canada's geology and
mineral resource endowment and promote awareness of the importance of rocks,
metals, minerals and mining through the dissemination of information and the
development and distribution of educational programs and material.
About Noront: Noront Resources Ltd. is focused on its significant and multiple,
high-grade nickel-copper-platinum-palladium, chromite, gold and vanadium
discoveries in an area known as the "Ring of Fire", an emerging multi-metals
district located in the James Bay Lowlands of Ontario, Canada. Noront is the
dominant land holder at the Ring of Fire and continues to delineate and prove up
its discoveries with NI 43-101 technical and economic reports and an aggressive
and well financed drill plan for 2010. All material information on Noront can be
found on the Company's website at www.norontresources.com or at SEDAR at
www.sedar.com
<<
Wesley (Wes) Hanson
President & Chief Executive Officer
>>
FORWARD LOOKING STATEMENTS
This release contains "forward-looking statements" within the meaning of
applicable Canadian securities legislation, including predictions, projections
and forecasts. Forward-looking statements include, but are not limited to,
statements that address activities, events or developments that the Company
expects or anticipates will or may occur in the future, including such things as
future business strategy, competitive strengths, goals, expansion, growth of the
Company's businesses, operations, plans and with respect to exploration results,
the timing and success of exploration activities generally, permitting time
lines, government regulation of exploration and mining operations, environmental
risks, title disputes or claims, limitations on insurance coverage, timing and
possible outcome of any pending litigation and timing and results of future
resource estimates or future economic studies.
Often, but not always, forward-looking statements can be identified by the use
of words such as "plans", "planning", "planned", "expects" or "looking forward",
"does not expect", "continues", "scheduled", "estimates", "forecasts",
"intends", "potential", "anticipates", "does not anticipate", or "belief", or
describes a "goal", or variation of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might" or "will" be taken,
occur or be achieved.
Forward-looking statements are based on a number of material factors and
assumptions, including, the result of drilling and exploration activities, that
contracted parties provide goods and/or services on the agreed timeframes, that
equipment necessary for exploration is available as scheduled and does not incur
unforeseen break downs, that no labour shortages or delays are incurred, that
plant and equipment function as specified, that no unusual geological or
technical problems occur, and that laboratory and other related services are
available and perform as contracted. Forward-looking statements involve known
and unknown risks, future events, conditions, uncertainties and other factors
which may cause the actual results, performance or achievements to be materially
different from any future results, prediction, projection, forecast, performance
or achievements expressed or implied by the forward-looking statements. Such
factors include, among others, the interpretation and actual results of current
exploration activities; changes in project parameters as plans continue to be
refined; future prices of gold; possible variations in grade or recovery rates;
failure of equipment or processes to operate as anticipated; the failure of
contracted parties to perform; labour disputes and other risks of the mining
industry; delays in obtaining governmental approvals or financing or in the
completion of exploration, as well as those factors disclosed in the Company's
publicly filed documents. Although Noront has attempted to identify important
factors that could cause actual actions, events or results to differ materially
from those described in forward-looking statements, there may be other factors
that cause actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that forward-looking statements will prove
to be accurate, as actual results and future events could differ materially from
those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
%SEDAR: 00003339E
For further information: Wes Hanson, President and CEO, at (416) 367-1444, or
visit Noront's website at: http://www.norontresources.com
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