TORONTO, ONTARIO September 27 , 2007 Noront Resources Ltd. (“Noront”)(TSX Venture: NOT) is pleased to announce final assay results from the fifth hole of the diamond drilling program on its’ optioned claims where Noront is earning a 100 % interest, subject to royalties, on the Company’s Double Eagle project located in James Bay Lowlands, northeastern Ontario. (See press release dated May 27, 2007 for details of this option agreement.)

HIGHLIGHTS

• Hole NOT-07-05 final assay results include; 68.3 meters averaging 5.9% nickel, 3.1% copper, 2.87 g/t platinum, 9.78 g/t palladium, 0.61 g/t gold and 8.5 g/t silver;
• 3 meter section of hole averaged 8.7% nickel, 10.9% copper, 40.79 g/t platinum, 14.57 g/t palladium, 9.39 g/t gold and 8.7 g/t silver
• Hole NOT-07-07 that undercut hole NOT-07-05 intersected the sulphide zone at 73 meters core length and remained in sulphide bearing peridotite until 124 core length, and was terminated at 149 meters;
• Drilling continues to explore new discovery, Hole NOT-07-08 designed to undercut hole 7 underway;
• Detailed ground geophysical program continues;
• Acquisition of additional claims surrounding the discovery area continues around the “Ring of Fire”.

Hole NOT-04-05, observed to be the most significant hole to date, was positioned 50 meters to the northeast of Holes NOT-07-01 and 02 (assays previously reported see press release dated September 25, 2007) and was drilled vertically at the peak of a magnetic anomaly to ascertain the magnetic body’s more precise location. Nickel and copper bearing sulphides were encountered in a peridotite between 7 meters and 47.4 meters. Between 47.4 and 112.6 meters, massive chalcopyrite, pyrrhotite and pentlandite was observed, a short section between 112.6 and 115.6 meters downhole received exceptionally high values for contained metal. This section is described as a brecciated zone consisting of peridotite within massive sulphides. The high grade section was followed by peridotite with interstitial chalcopyrite, pyrrhotite and pentlandite to the end of the sulphide zone at 127.4 meters. The hole then entered granodiorite until the end of the hole at 143.4 meters. Assay results from this hole are summarized in the following table: