A friend just forwarded me this news this morning to post on board...

Noront files NI 43-101 report on Ring of Fire deposits
Ticker Symbol: C:NOT

Noront files NI 43-101 report on Ring of Fire deposits

Noront Resources Ltd (C:NOT)
Shares Issued 232,318,780
Last Close 8/20/2015 $0.365
Friday August 21 2015 - News Release

Mr. Alan Coutts reports

NORONT FILES NI 43-101 TECHNICAL REPORT FOR RECENTLY ACQUIRED BLACK THOR, BLACK LABEL AND BIG DADDY DEPOSITS AND RESTATES 2014 ANNUAL MD&A TO REFLECT RELATED RECLASSIFICATION OF BLACK THOR ESTIMATE FROM HISTORICAL TO CURRENT

Noront Resources Ltd. has obtained and filed a National Instrument 43-101-compliant mineral resource estimation technical report on the Black Thor, Black Label and Big Daddy chromite deposits in the Ring of Fire, which it acquired in April, 2015, from Cliffs Natural Resources Inc. Noront has also filed a related restatement of its 2014 annual MD&A, as detailed below.

Black Thor and Black Label are 100% owned by Noront while Big Daddy is a joint venture between Noront (70%) and Canada Chrome Mining Corporation (30%).

Technical Report

The Acquired Properties Report, titled "Black Thor, Black Label and Big Daddy chromite deposits, McFaulds Lake Area, Ontario, Canada, Porcupine Mining Division, NTS 43D16 Mineral Resource Estimation Technical Report", was prepared by Alan Aubut, P.Geo., of the Sibley Basin Group, an independent geological consulting company. Mr. Aubut is a "qualified person" for purposes of NI 43-101 who has visited these projects on several instances, most recently in March 2014. The Acquired Properties Report, which is dated July 27, 2015, has been filed on SEDAR at www.sedar.com and can also be found on the Noront website.

The Acquired Properties Report includes the following mineral resource estimates using a 20% Cr2O3 cut-off:

Classification                                  Tonnes (000)     Cr2O3(%)   

                  Black Thor                                                

Measured                                           107.6           32.2     

Indicated                                           30.2           28.9     

Measured and Indicated                             137.7           31.5     

Inferred                                            26.8           29.3     

                                                                            
                                                                            

Classification                                  Tonnes (000)     Cr2O3(%)   

                  Black Label                                               

Measured                                             -              -       

Indicated                                           5.4            25.3     

Measured and Indicated                              5.4            25.3     

Inferred                                            0.9            22.8     

                                                                            
                                                                            

Classification                                  Tonnes (000)     Cr2O3(%)   

                   Big Daddy                                                

Measured                                            23.3           32.1     

Indicated                                           5.8            30.1     

Measured and Indicated                              29.1           31.7     

Inferred                                            3.4            28.1     

                                                                            
                                                                            

"These are very impressive mineral resource totals," stated Noront President and CEO Alan Coutts. "As I've said before, Noront has acquired a world-class series of chromite deposits both in size and quality. Our current focus is on the permitting and development of our Eagle's Nest mine because we see that as a proving ground for successful large scale development in the Ring of Fire. Alongside that, we are actively advancing our chromite strategy with a view to completing a Preliminary Economic Assessment outlining our preferred approach for moving development forward there as well."