Noront Resources identifies two new lenses of resource grade mineralization at Eagle One, McFauld's Lake



    
    Symbol:               NOT:TSX-V
    Shares Outstanding:   154,578,457
    Fully Diluted:        164,098,457
    

    TORONTO, Aug. 5 /CNW/ - Noront Resources Ltd. ("Noront" or the "Company")
(TSX Venture: NOT) is pleased to report complete assay results from recently
drilled holes from the Company's Eagle One deposit, including hole NOT-09-49,
at its McFauld's Lake Project located in the James Bay Lowlands within the
Ring of Fire mineral district.

    
    HIGHLIGHTS:

    Hole NOT-09-49 intersected two lenses of mixed disseminated to massive
    sulphides under the current Eagle One Deposit, now referred to as Eagle
    1A:
    Eagle 1B (the first lens) located vertically under Eagle 1A returned;
        -  178.8 metres averaging 1.2% Ni, 0.5% Cu, 0.9 g/tonne Pt,
           2.0 g/tonne Pd from 306.7 meters to 485.5 meters including;
           -  2.0 metres averaging 2.5% Ni, 2.0% Cu, 0.4 g/tonne Pt,
              4.7 g/tonne Pd
           -  4.7 metres averaging 5.3% Ni, 1.3% Cu, 0.6 g/tonne Pt,
              5.3 g/tonne Pd
    Eagle 1C (the second lens) also located vertically under Eagle 1A and
    directly under Eagle 1B returned;
        -  149.5 metres averaging 2.4% Ni, 1.1% Cu, 1.0 g/tonne Pt,
           5.1 g/tonne Pd from 796.2 metres to 945.7 metres including;
           -  23.7 metres averaging 5.2% Ni, 1.0% Cu, 0.2 g/tonne Pt,
              7.9 g/tonne Pd
           -  21.0 metres averaging 2.5% Ni, 1.0% Cu, 0.4 g/tonne Pt,
              5.3 g/tonne Pd
    

    As described in the Company's Press Release dated June 29, 2009
http://www.norontresources.com/News/getDocument/notpr-2009.06.29.pdf/147 Hole
NOT-09-49 intersected two separate lenses of mixed disseminated and massive
sulphide mineralization located vertically below the previously interpreted
limits of the Eagle One deposit. It is Management's opinion that the following
assay results confirm that both Eagle 1B and 1C, have the potential to
increase Noront's nickel, copper and platinum group element resource base at
the McFauld's Lake Project in the Ring of Fire. In October 2008, P&E Mining
Consultants estimated a combined Indicated and Inferred resource for the Eagle
One (Eagle 1A) lens of 2.9 M tonnes averaging 2.1% Ni, 1.2% Cu, 1.2 g/tonne
Pt, 4.1 g/t Pd and 4.0 g/tonne Ag. For a detailed summary of the P&E resource
estimate please refer to Noront's website
http://www.norontresources.com/Investors/getDocument/NI43101-2008.12.10-ringOf
Fire.pdf
    Noront's President and CEO Wesley Hanson P.Geo, states, "analytical
results are consistent with the existing Eagle One NI 43 -101 resource
estimate. More importantly we are pleased to note that the contained platinum
and palladium grades suggest that both Eagle 1B and 1C were likely emplaced as
part of a single mineralizing event, supporting the geological model proposed
by our exploration team."

    
    Exploration Update:
    -------------------
    

    At present, three drills are currently active, testing the extent of the
newly discovered mineralization, which extends vertically below the original
Eagle One deposit, and located entirely within Noront's existing land
holdings. A total of five holes; NOT-09-45 through NOT-09-49 have been
completed and assayed to date.
    Hole No.NOT-09-45 through NOT-09-48 were all targeted below the
interpreted bottom of the Eagle One discovery.
    Holes 45 and 47 intersected the upper portion of the Eagle 1B lens.
    Hole NOT-09-49, initially planned as a platform for borehole geophysical
surveying, was a vertical hole targeted to trace the interpreted, vertical
dipping conduit system that emplaced the original Eagle One discovery. The
concept was to drill as close as possible to the conduit so that down-hole
geophysics could be utilized to identify other potential lenses of nickel,
copper sulphides. This was successively accomplished as the hole crossed in
and out of the main footwall granodiorite-periodotite conduit contact no less
than five times before reaching its final depth of 1004.1 meters. In the
process, the hole cut two distinct lenses of mixed disseminated to massive
sulphides.
    The following table summarizes the results of holes NOT-09-45 through
NOT-09-49.

    
    Table 1: Eagle 1B and Eagle 1C Assay Results

    -------------------------------------------------------------------------
             FROM    TO    INT.  MINERALIZATION  Ni   Cu   Pt   Pd   Au   Ag
    HOLE ID    m      m      m       TYPE         %    %   g/t  g/t  g/t  g/t
    -------------------------------------------------------------------------
    NOT-09-45 EAGLE 1B- LENS
    -------------------------------------------------------------------------
           445.68  460.30  14.62  Overall       0.77 0.27 0.43 1.30 0.06 0.52
    -------------------------------------------------------------------------
    Incl.  445.68  446.83   1.15  Disseminated  0.39 0.18 0.48 0.88 0.03 0.23
    -------------------------------------------------------------------------
    and    446.83  447.19   0.36  Massive       3.27 2.28 1.00 7.18 0.21 3.04
    -------------------------------------------------------------------------
    and    447.19  454.38   7.19  Disseminated  0.42 0.09 0.29 0.68 0.03 0.07
    -------------------------------------------------------------------------
    and    454.38  460.30   5.92  Net Textured  1.12 0.38 0.56 1.77 0.09 0.98
    -------------------------------------------------------------------------
    NOT-09-46                     No Significant Assays
    -------------------------------------------------------------------------
    NOT-09-47 EAGLE 1B- LENS
    -------------------------------------------------------------------------
           362.80  364.95   2.15  Massive       6.11 1.56 1.71 5.98 0.10 3.76
    -------------------------------------------------------------------------
    NOT-09-48                     No Significant Assays
    -------------------------------------------------------------------------
    NOT-09-49 EAGLE 1B- LENS
    -------------------------------------------------------------------------
           269.21  270.98   1.77  Massive       5.16 3.04 0.69 6.45 0.07 8.10
    -------------------------------------------------------------------------
           270.98  306.68  35.70  Disseminated  0.48 0.13 0.33 1.03 0.02 0.25
    -------------------------------------------------------------------------
           306.68  485.52 178.84  Overall       1.19 0.53 0.87 2.01 0.10 1.32
    -------------------------------------------------------------------------
    Incl.  306.68  308.68   2.00  Massive       2.53 1.97 0.39 4.68 0.11 4.94
    -------------------------------------------------------------------------
    and    308.68  312.84   4.16  Disseminated  0.63 1.22 3.89 1.70 0.05 2.31
    -------------------------------------------------------------------------
    and    312.84  344.56  31.72  Net Textured  1.12 0.66 1.26 2.12 0.07 1.79
    -------------------------------------------------------------------------
    and    344.56  404.15  59.59  Disseminated  0.57 0.26 0.73 1.23 0.15 0.55
    -------------------------------------------------------------------------
    and    404.15  464.69  60.54  Net Textured  1.39 0.58 0.66 2.20 0.08 1.53
    -------------------------------------------------------------------------
    and    464.69  469.34   4.65  Semi Massive  5.29 1.29 0.59 5.29 0.16 2.77
    -------------------------------------------------------------------------
    and    469.34  485.52  16.18  Net Textured  1.70 0.55 0.77 2.72 0.07 1.34
    -------------------------------------------------------------------------
           510.43  511.75   1.32  Semi Massive  1.05 1.15 5.04 3.14 0.10 4.05
    -------------------------------------------------------------------------
    NOT-09-49 EAGLE 1C- LENS
    -------------------------------------------------------------------------
           796.20  945.67 149.47  Overall       2.43 1.09 1.04 5.10 0.58 4.32
    -------------------------------------------------------------------------
    Incl.  796.20  852.88  56.68  Net Textured  2.11 0.63 1.17 4.36 0.10 2.92
    -------------------------------------------------------------------------
    and    852.88  866.41  13.53  Semi-massive  1.66 3.12 2.13 5.40 0.58 8.99
    -------------------------------------------------------------------------
    and    866.41  893.14  26.73  Net Textured  1.54 1.28 1.18 4.69 2.53 5.18
    -------------------------------------------------------------------------
    and    893.14  916.82  23.68  Massive       5.18 1.04 0.19 7.92 0.10 5.18
    -------------------------------------------------------------------------
    and    916.82  937.82  21.00  Net Textured  2.52 0.97 0.42 5.34 0.08 3.66
    -------------------------------------------------------------------------
    and    937.82  945.67   7.85  Net Textured  0.66 0.68 1.91 2.16 0.16 2.55
    -------------------------------------------------------------------------
    

    None of the intersections reported here represent true widths, which
cannot be determined at this time. Hole NOT-09-49 was orientated parallel to
the vertical plunge of the Eagle One conduit and as such it is assumed the
vertical depth extent of the new Eagle 1B and 1C lenses will each attain a
minimum 200 meters.
    Current drilling continuing at Eagle One consists of a series of angle
holes targeting the Eagle 1B and 1C lenses to further delineate their
dimensions.
    To view a plan and cross-section of the new drill holes as well as holes
being currently drilled below Eagle One, please refer to Noront's website
http://norontresources.com/find/id/15/rb. Results on new holes are pending and
will be released when available.
    Currently, all drilling at site is utilizing directional drilling tools
and all completed holes are surveyed using down-hole electromagnetics (EM).
The down-hole electromagnetic surveys will assist in defining the Eagle 1B and
1C lenses in advance of follow up drilling.
    John Harvey, Chief Operating Officer, notes, "the discovery of the new
base metal mineralization beneath Eagle One has greatly stimulated our
exploration efforts and we look forward to increasing the Eagle 1 resource
estimate. All future drilling will focus on defining the new lenses of nickel,
copper and platinum group elements along the vertical trend below Eagle 1A."

    INDEPENDENT QUALITY CONTROL AND ANALYTICAL PROTOCOL

    A thorough quality control program has been in effect for the Eagle One
project which includes grouping samples into batches of 35 into which are
added 2 certified reference material standards, 2 field 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 are 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 more information on assay methodology please visit the Activation
Laboratories Ltd. Website at http://www.actlabsint.com.
    Drill results in this press release have been approved by John Harvey,
P.Eng. Chief Operating Officer and Director of Exploration Jim Atkinson,
P.Geo. both Qualified Persons under Canadian Securities guidelines.

    Quality Assurance and Quality Control:

    All holes drilled are systematically logged and then sampled. Samples are
shipped regularly to Actlabs in Thunder Bay, Ontario for sample preparation
and initial analysis (TD-ICP) following strict chain of custody procedures.
Whole rock assay including V(2)O5, TiO(2), and Fe(2)O(3) is performed at
Actlabs by fusion X-ray fluorescence analysis (fusion XRF). For fusion XRF
assays the samples are melted with borate fluxes and quenched to a glass bead,
which is then irradiated with X-rays. The secondary X-ray emissions are
counted and used, with reference to several calibrants, to determine the whole
rock composition including the analytes and all other major oxide components
of the rock. For more information on Actlabs analytical procedures please
visit the Actlabs website at: http://www.actlabs.com. Under Noront's QA/QC
program each batch of 35 samples includes one blank, two internationally
certified reference materials (ICRM; henceforth referred to as standards), one
quarter-sawn field duplicate, a coarse reject duplicate, and a pulp duplicate.
The pass/fail criteria for the new V standard are the same as for the Cr, Cu,
Ni, Au, Pd and Pt standards previously reported. In particular, if measured
concentrations in standards differ from accepted values by more than two
standard deviations of the method as determined by numerous XRF repeats on the
standards at Actlabs, the entire batch fails and is re-analysed. Duplicates
and standards will be monitored to detect and correct, if necessary, any drift
bias or changes in precision that might appear through time. All QA/QC
procedures and checks are carried out by Tracy Armstrong, PGeo, of P&E Mining
Consultants Inc, who acts as the Qualified Person for Noront on matters
pertaining to assays.

    About Noront:

    Noront Resources is focused on its McFauld's Lake Project, a which
includes significant and multiple, high-grade
nickel-copper-platinum-palladium, chromite 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 drill plan for
2009. All material information on the company can be found on its website at
www.norontresources.com or on SEDAR at www.sedar.com

    
                                         ON BEHALF OF THE BOARD OF DIRECTORS:
                                                     "Wesley (Wes) C. 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.

    
    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: Joanne Jobin, Vice President, Corporate
Communications at (416) 367-1444 ext 126, or visit Noront's website at:
http://www.norontresources.com

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