Noront Resources reports final assays on Blackbird chromite deposit, McFauld's Lake



    
    Symbol:               NOT:TSX-V
    Shares Outstanding:   163,631,957
    Fully Diluted:        173,461,957
    

    TORONTO, Aug. 31 /CNW/ - Noront Resources Ltd. ("Noront" or the
"Company") (TSX Venture: NOT) is pleased to announce assay results from the
final 30 diamond drill holes recently completed on its Blackbird chromite
deposits, located in McFauld's Lake in the James Bay Lowlands.
    A total of 92 holes (25,477 metres) were drilled at during the most
recent drill program and drill operations were completed in June 2009. The
primary goal of this drilling campaign was to define a National Instrument
43-101 compliant resource for the Blackbird chromite deposits. The preparation
of the resource estimate is currently being undertaken by Micon International
Limited and is expected to be completed in the fourth quarter of this year.

    
    Highlights

    -   Hole NOT-09-1G121 - 21.93 meters from 124.07 to 146.0 m averaging
        32.53% Cr(2)O(3) in massive and intercalated beds; followed by
        32.8 meters from 267.02 to 299.82 m averaging 21.84% Cr(2)O(3)
    -   Hole NOT-09-1G125 - 28.62 meters from 112.4 to 141.02 averaging
        34.13% Cr(2)O(3)
    -   Hole NOT-09-1G157 - 28.27 meters averaging 39.31% Cr(2)O(3) in
        massive chromitite
    -   Hole NOT-09-1G159 - 25.13 meters averaging 35.99% Cr(2)O(3) in
        massive and intercalated beds
    -   Hole NOT-09-1G168 - 20.85 meters averaging 38.06% Cr(2)O(3) in
        massive and intercalated beds
    -   Hole NOT-09-1G174 - 12.23 meters averaging 38.76% Cr(2)O(3)
    -   Hole NOT-09-1G177 - 14.85 meters averaging 41.41% Cr(2)O(3)in
        massive chromitite

    Assays for significant intersections (greater than 10 m thickness or
    greater than 30% Cr(2)O(3)):

    -------------------------------------------------------------------------
    HOLE ID        From     To       Length   Cr2O3   Cr:Fe   Mineralization
                                                      Ratio   Type
    -------------------------------------------------------------------------
    NOT-09-1G106   196.28   199.69     3.41   35.91   1.84    Massive
    -------------------------------------------------------------------------
    NOT-09-1G120   332.40   357.73    25.33   17.35   1.17    Intercalated
    -------------------------------------------------------------------------
    NOT-09-1G121   124.07   146.00    21.93   32.53   1.74    Massive and
                                                              Intercalated
    -------------------------------------------------------------------------
    Followed By    247.00   260.69    13.69   31.68   1.90    Overall
    -------------------------------------------------------------------------
    and            267.02   299.82    32.80   21.84   1.35    Overall
    -------------------------------------------------------------------------
    NOT-09-1G125   112.40   141.02    28.62   34.13   1.74    Overall
    -------------------------------------------------------------------------
    Followed By    169.25   204.76    35.51   30.73   1.59    Overall
    -------------------------------------------------------------------------
    NOT-09-1G151   115.90   129.17    13.27   39.37   2.02    Massive
    -------------------------------------------------------------------------
    NOT-09-1G154   261.61   272.53    10.92   38.00   1.76    Massive
    -------------------------------------------------------------------------
    NOT-09-1G157    96.23   124.50    28.27   39.31   2.07    Massive
    -------------------------------------------------------------------------
    NOT-09-1G159   158.87   184.00    25.13   35.99   1.77    Massive and
                                                              Intercalated
    -------------------------------------------------------------------------
    NOT-09-1G160   269.84   280.40    10.56   29.62   1.45    Massive and
                                                              Intercalated
    -------------------------------------------------------------------------
    NOT-09-1G168    19.30    40.15    20.85   38.06   2.11    Massive and
                                                              Intercalated
    -------------------------------------------------------------------------
    Followed By     68.12    84.41    16.29   22.98   1.48    Massive and
                                                              Disseminated
    -------------------------------------------------------------------------
    NOT-09-1G174   147.77   160.00    12.23   38.76   1.95    Overall
    -------------------------------------------------------------------------
    NOT-09-1G177    96.20   111.05    14.85   41.41   2.16    Massive
    -------------------------------------------------------------------------
    

    Additional assay information pertaining to holes NOT-08-1G077 to
NOT-09-1G089 is provided on Noront's website, please follow the link
http://norontresources.com/find/id/17/yc. For locations of the aforementioned
holes, as well as those recently drilled but not yet reported please follow
the link http://norontresources.com/find/id/16/0w.
    The intervals sampled and reported by Noront include both massive
chromite and zones of intercalated beds of chromitite and heavily disseminated
chromite hosted by talc-altered and/or serpentinized dunite and peridotite. In
some cases, lower grade intervals in the table below are comprised of
numerous, higher quality chromite bands measuring several centimetres to
metres in length. These intercalated intervals are readily upgradeable to the
same quality as the massive chromite units with minimal mechanical processing.
    Following the completion of drilling on the Blackbird deposits, intervals
of intercalated beds of chromitite were re-sampled to ensure that the resource
estimate took the economic potential of these beds into account. This
re-sampling will allow for more accurate modelling of smaller intervals of
massive chromitite that were originally lumped into larger intervals with
lower grade material. The re-sampling program should allow for all upgradeable
intercalated intervals to be accounted for in the resource estimate and reduce
potential for grade dilution in the model. A total of 41 holes were partially
re-sampled as a part of this program.
    President and CEO Wes Hanson stated: "receipt of these remaining results
will allow Micon to begin estimating the overall chromite resource at
Blackbird, the first step in understanding the economic value of the chromite
resource. We have directed a significant amount of exploration capital towards
understanding the Blackbird chromite deposit, completing 154 drill holes
(52,344 metres) to define Canada's initial chromite resource. While we believe
the current drilling is adequate to define a sufficient sized resource to
evaluate project economics, the impressive aspect to the Blackbird deposit is
that it remains open to depth, offering significant resource potential for the
future."

    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.
All chromite samples are analysed by fusion X-ray fluorescence (XRF). The
X-ray emissions allow the composition of the sample to be determined to a high
degree of accuracy. For more information on Actlabs analytical procedures
please visit Actlabs website at: http://www.actlabs.com.
    Noront also employs an internal QA/QC program where each batch of 35
samples includes one blank, two internationally certified reference materials
(ICRMs; also known as standards), one quarter-sawn field duplicate, a coarse
reject duplicate, and a pulp duplicate. The pass/fail criteria for the Cr
standard are the same as for the previously reported INAA analytical method.
In particular, if measured concentrations in standards differ from accepted
values by more than two standard deviations of the method as determined by
numerous INAA repeats on the standards at Actlabs, the entire batch fails and
is re-analysed. Tracy Armstrong, P.Geo, of P&E MINING CONSULTANTS INC,
supervises Noront's QA/QC program.
    Additional quality control measures have been recently adopted for Cr and
Fe including the blind insertion of a certified reference material SARM 8,
purchased from Mintek in South Africa, and a change from INAA to fusion X-ray
fluorescence (XRF) to analyse chromite samples. 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. The additional compositional data would be of interest to buyers of any
potential ore from the Blackbird deposits.
    This press release has been reviewed and approved for dissemination by
Noront's senior management including John Harvey, P.Eng. Chief Operating
Officer of Noront, a Qualified Person under Canadian Securities guidelines.

    About Noront:

    Noront Resources is focused on its 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 and well financed
drill plan for the remainder of 2009 and 2010. All material information on
Noront can be found on the Company's website at www.norontresources.com or at
SEDAR at www.sedar.com

    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.

    
    Neither TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    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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