Noront outlines regional exploration program at McFauld's Lake

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    Symbol:             NOT:TSX-V
    Shares Outstanding: 175,633,642
    Fully Diluted:      187,075,793
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TORONTO, Aug. 18 /CNW/ - Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT) is pleased to outline the regional exploration program at the Company's McFauld's Lake Project, James Bay Lowlands, Ontario.

    HIGHLIGHTS:
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    -   initial focus will be directed towards multiple targets within two
        kilometers of Eagle's Nest;
    -   regional exploration will dominate the next six months of activity
        and utilize two drills;
    -   drill targets were defined by down-hole and surface geophysical
        methods that map or identify favorable geology and mineralization
        trends;
    -   the ground north of Eagle's Nest has been prioritized as it shows
        strong potential for additional nickel, copper, platinum and
        palladium mineralization;
    -   all holes will undergo bore hole geophysical survey; and
    -   exploration at AT-12 will resume in January 2011.
    
    REGIONAL EXPLORATION:
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The Company's regional exploration program is directed towards identifying new nickel, copper, platinum group element ("Ni-Cu-PGE") mineralization proximal to Eagle's Nest. Two styles of mineralization have been identified to date at Eagle's Nest. Contact mineralization dominates and is localized at the contact of an ultramafic dyke with a granodiorite intrusion. Recent drilling has identified higher grade footwall mineralization that extends into the granodiorite and typically returns higher average grades, particularly for platinum and palladium, as seen in the Company's previously announced results for hole NOT-09-070W1 (please refer to the Company's press release dated May 12, 2010).

Drilling at Eagle's Nest has traced the ultramafic dyke to depths of greater than one kilometer. Recent geophysical interpretation of historical data, which the Company's geoscientists believe accurately maps the untramafic host rocks, extends the highly prospective ultramafic-granodiorite contact to a depth of nearly two kilometers where our deep drilling program is focused. At the same time, the interpretation identified numerous target areas within 200 to 300 metres of Eagle's Nest with excellent potential to host mineralization http://norontresources.com/find/id/49/92

Other target areas farther outbound of the Eagle's Nest deposit will be targeted during the winter season when the ground is frozen and more accessible. The Company has identified several favourable mineralization trends both within ultramafic host rocks and in structural offshoots. Over a dozen drill targets in and around Eagle's Nest have been identified. These drill targets were based on a thorough review of the Company's database, which is the largest database in the Ring of Fire. This database is continually being updated with new results from surface and down hole geophysical surveys, geochemical surveys and diamond drill hole results in order to further refine the Company's model and target identification.

The Company is currently drilling several strong bore hole electro-magnetic targets within two hundred metres of the Eagle's Nest deposit which are being drill tested.

Wes Hanson, CEO of Noront states; "We are pleased with the results of our infill drill program and are excited to begin our regional exploration program where we can utilize the knowledge gained at Eagle's Nest. With multiple airborne and bore hole targets identified near the Eagle's Nest deposit, the ability to map the favourable ultramafic rock units and the recent acquisition of the Probe claims, we look forward to a successful fall season."

    INDEPENDENT QUALITY CONTROL AND ANALYTICAL PROTOCOL;
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A thorough quality control program has been in effect for the McFauld's Lake Project, which includes grouping samples into batches of 35 into which are added two certified reference material standards. Two field and pulp duplicates also form part of the quality control program. It can be said with confidence that all results that are reported in this Press Release have passed the strict quality control guidelines as set out by Noront's Qualified Person.

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 Actlabs website at http://www.actlabsint.com

For further information on the McFauld's Lake Project, please refer to the Company's NI 43-101 compliant technical report "Technical Report and Resource Estimate, McFaulds Lake Project, James Bay Lowlands, Ontario Canada" (effective April 23, 2010) available on the Company's website and at www.sedar.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.