Noront continues to outline extensive chromite mineralization at Blackbird



    TORONTO, Jan. 14 /CNW/ - Noront Resources Ltd. ("Noront or the Company")
(TSX Venture: NOT) is pleased to present additional chromium assay results
from its chromite exploration activities in the McFaulds Lake area of northern
Ontario in the James Bay Lowlands.

    EXPLORATION HIGHLIGHTS

    
    -   Additional assay results from holes on the Blackbird Chromite
        Deposits include widespread chromite mineralization in several holes
        including Hole NOT-08-1G74 that encountered 36.2 metres averaging
        39.33% Cr2O3, 26.9% Cr and 12.22% Fe (Cr:Fe ratio of 2.2)
    -   Hole NOT-08-1G64 that encountered 17 metres averaging 43.84% Cr2O3,
        29.98% Cr and 15.02% Fe included within a much larger (40 metre)
        mineralized interval that averaged 31.42% Cr2O3
    -   Hole NOT-08-1G61 that encountered 24 meters that averaged 35.56%
        Cr2O3, 24.33% Cr and 12% Fe (Cr:Fe ratio of 2.0)
    -   Hole NOT-08-1G69 encountered 65.5 metres that averages 11.81% Cr2O3
        including 16.5 metres that averages 25.0 % Cr2O3, 17.09% Cr and
        10.98% Fe (Cr:Fe ratio of 1.57)
    -   Discovery hole at Blackbird Two (hole NOT-08-1G57) returned numerous
        chromite bearing layers, including a 16.5 metre section that averaged
        26.29% Cr2O3, 17.99% Cr, and 14.28% Fe (Cr:Fe ratio of 1.26)
    

    BLACKBIRD CHROMITE OCCURRENCES

    The layered chromite ("LC") zones at Blackbird are described as a complex
of several layers of massive chromite of varying thicknesses within the
peridotite sill. These chromitite layers dip steeply at approximately 60
degrees to the west paralleling the contact between the peridotite sill and
the adjacent granodiorite. The holes containing significant chromite
mineralization reported to date have delineated a layered chromitite body
along a strike length of approximately 1000 metres, down to a vertical depth
of approximately 500 metres over wide (yet variable) core widths. The
Blackbird chromite occurrences are open to depth and along strike in both
directions. During the reporting period since the last press release (October
16, 2008) an additional 20 holes received final assays as presented on
Noront's website, the following table provides selected assays, extracted from
the full table of results available at
http://www.norontresources.com/projects/ring-of-fire/highlightholes.pdf.

    TABLE 1: Selected Assay intervals from recent drill results

    
    -------------------------------------------------------------------------
    Hole ID      from (m)   to (m) int (m)  Cr2O3%     Cr%      Fe%    Cr:Fe
    -------------------------------------------------------------------------
    NOT-08-1G57    392.0    392.4     0.4    31.07    21.30    16.90    1.26
    -------------------------------------------------------------------------
    NOT-08-1G59    273.0    283.2    10.2    36.60    25.00    17.30    1.45
    -------------------------------------------------------------------------
    NOT-08-1G61    502.0    526.0    24.0    35.56    24.33    12.00    2.03
    -------------------------------------------------------------------------
    NOT-08-1G64    510.0    527.0    17.0    43.84    29.98    15.02    2.00
    -------------------------------------------------------------------------
    NOT-08-1G70    140.7    145.5     4.8    34.28    23.44    20.26    1.16
    -------------------------------------------------------------------------
    NOT-08-1G72    433.0    441.5     8.5    25.47    17.43     9.14    1.91
    -------------------------------------------------------------------------
    NOT-08-1G74    640.2    676.4    36.2    39.33    26.90    12.22    2.20
    -------------------------------------------------------------------------
    NOT-08-1G76    260.7    266.6     5.9    33.68    23.02    14.64    1.57
    -------------------------------------------------------------------------
    

    True widths are not yet determined for the chromite (LC) zones at the
Blackbird Chromite Deposits. Additional drill hole results will be reported
upon as they are received.
    Many of the gravity anomalies tested by diamond drilling during 2008 in
this area have intersected chromite mineralization. Visual observations of the
chromite in core from holes in this area are quite encouraging, as these
observations are starting to imply large tonnage potential for the intervening
area between BB1 and BB2 suggesting that these occurrences may be connected,
although much more drilling is required. Drilling on this project has involved
the testing of several anomalies, the location of the drill sites have been
plotted on a drill plan map, superimposed on a ground gravity survey map,
available on Noront's website. For drill hole location information as well as
the aforementioned drill plans regarding Noront's chrome project please visit
Noront's website. The following link provides access to this map and drill
hole location data:
http://www.norontresources.com/projects/ring-of-fire/BlackbirdPlanMap.pdf and
http://www.norontresources.com/projects/ring-of-fire/collars.pdf.

    2009 EXPLORATION PROGRAM

    Noront's exploration team took a short break over the holiday season,
wrapping up 2008's exploration program on the 15th of December. Advance
exploration crews have now arrived at the main base camp near the Eagle One
deposit to commence preparation for drilling. The initial focus of the 2009
exploration program will be to continue to define the potential of the chrome
mineralization encountered in the vicinity of the Blackbird chromite
occurrences.
    Two drills owned and operated by Les Forage Drilling Orbit of Val D'Or
Quebec, have been contracted to drill in the vicinity of the Blackbird
occurrences, both rigs will be drilling in systematic step outs exploring the
area to determine continuity of the chromium-enriched zones, while in some
instances testing other nearby gravimetric anomalies. As previously announced
(refer to press release dated July 29, 2008) Blackbird Two ("BB2") was
discovered while testing a large gravity anomaly extending approximately 1000
metres to the east of Blackbird One ("BB2") and one kilometre south of the
Eagle One ("E1") magmatic massive sulphide (MMS) deposit.
    In order to continue the assessment of the local and regional potential
of the chrome deposits, Noront is currently planning an airborne gravity
survey to be completed early in the current program.
    The massive chromite intervals reported in this and previous press
releases are flanked by thick rock sequences of intermittent chromite layers
as well as, heavily disseminated chromite layers, hosted by the peridotite
sill. In light of a review of the mining and beneficiation practises of major
chromite producers elsewhere in the world, Noront has initiated a major
re-sampling program on existing core aimed at the delineation of a large
deposit amenable to open pit methods of exploitation. In addition,
representative samples have been selected from various drill intersections and
have been submitted to SGS Lakefield for initial metallurgical studies.
    This zone along the Ring of Fire ("ROF") continues to the northeast onto
ground wholly owned by Noront. The Company is committed to further identifying
the chromite footprint of the Blackbird deposits and testing its other
holdings along the ROF for chromite and related copper-nickel massive sulphide
mineralization. Noront raised $18.9 million in a flow through financing during
November and December, a portion of which has been assigned to Noront's
activities in the Ring of Fire related to chrome exploration. (see press
release dated December 4, 2008).
    "We are extremely excited about the thickness and world-class grades that
we are encountering in our Blackbird drilling," said Paul Parisotto, Interim
Co-CEO of Noront. "The Blackbird discoveries are starting to show continuity
as we move towards defining a resource base for these unique deposits. Further
drilling, in conjunction with metallurgical studies that should be completed
in the first quarter, may allow Noront to be in a position to communicate the
significance of these deposits to the markets before the middle of the year."

    INDEPENDENT QUALITY CONTROL AND ANALYTICAL PROTOCOL

    A thorough quality control program has been in effect for the Double
Eagle project which includes grouping samples into batches of 35 into which
are added 2 certified reference material standards, 2 field blanks comprised
of sterile drill core, and a field duplicate. Coarse reject and pulp
duplicates also form part of the QC program. Approximately 10% of the samples
are sent to a secondary lab as a monitor on the principal lab. It can be said
with confidence that all assays as 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 followed
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 final chromium analysis, on the samples where elemental chromium using the
ICPOES multi-element analysis methodology provides greater than 10,000 ppm (1%
Cr), the samples are then submitted for additional analysis using INAA that
involves irradiating the samples prior to final analysis. This methodology
provides analysis in percent for elemental Cr as well as Cr(2)O(3) and
elemental Fe. For more information on assay methodology please visit the
Activation Laboratories Ltd. Website at http://www.actlabsint.com.
    Drilling results in this press release have been approved for
dissemination by Noront's senior management including John Harvey, P.Eng.
Chief Operating Officer of Noront, Dr. Jim Mungall P.Geo., Noront's Chief
Geologist, and Jim Atkinson, P.Geo. all being Qualified Persons under Canadian
Securities guidelines.

    Noront is a tier 2 junior resource company on the TSX Venture Exchange,
trading symbol NOT, with 153,722,283 shares issued to date.

    
    ON BEHALF OF THE BOARD OF DIRECTORS:

    "Paul A. Parisotto and Joe Hamilton"
    Co-Chief Executive Officers
    

    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.

    
    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.
    

    %SEDAR: 00003339E




For further information:

For further information: please contact the Investor Relations
Department at (416) 238-7226, or visit Noront's website at:
http://www.norontresources.com; Investors can also utilize Noront's IR Hub at
http://www.agoracom.com/IR/Noront

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