Shares Outstanding: 165,415,818
Fully Diluted: 176,782,750
TORONTO, March 4 /CNW/ - Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT) is pleased to announce that it will take part in numerous activities and events during this year's Prospectors' and Developers' Association of Canada Convention (PDAC), which will be held in Toronto at the Toronto Metro Convention Centre, Level 600, South Building from March 5 to 11, 2010. PDAC delegates are invited to visit Noront's booth (No.2631) located in the Investor's Exchange, where they can participate in NUMA, Ring of Fire Viewer and Noront Multi Touch Table demonstrations, speak to Noront representatives and inspect the latest core samples from the Eagle's Nest.
Introduction and Launch of NUMA and the Ring of Fire Viewer at the PDAC
Noront is very pleased to announce the launch of two exciting investor tools: NUMA (Noront Universal Mining Application) and the Ring of Fire Viewer. We believe that these products are unique to Noront and will provide our investors with innovative investment tools.
NUMA (Noront Universal Mining Application) is best described as a free download application for devices such as iPhone, iPod Touch and Blackberry. The application allows the user to quickly and efficiently calculate the gross in-situ value of various resources. Calculations will be available in tonnes or in grams per tonne in precious and base metals categories. We invite PDAC delegates to the Noront booth, where demonstrations and downloads are available.
The Ring of Fire Viewer (RoFV) will allow Noront investors to visit Noront's website and view the McFauld's Lake projects via the RoFV. The RoFV will, allow you to select a drill hole on a project, view actual photographs of core from that specific hole, view the assay table, and the longitudinal and plan sections of the project and drill holes. Furthermore, you can access the RoFV via your portable device, such as an iphone or Blackberry.
The Noront Multi Touch Tablet (NMTT) is a new approach to putting large volumes of geophysical data literally at the fingertips of our geologists. Collaborative thought and easy access to information are encouraged through multi-touch technology and a new application developed specifically for Noront allows our exploration team to get more value out of our data. The Noront Multi Touch Table will be available at the booth for hands-on demonstrations by the Noront exploration team.
March 8, 2010
Datamine Takes virtual reality to the Boardroom - 2:00-5:00pm Room 717A
Datamine will be showcasing the Eagle's Nest deposit utilizing their Virtual Reality Platform. Datamine will also be showcasing the 3D model at their booth (No.146) in the Trade Show. Datamine's 3D Eagle's Nest model will also be available on Noront's website.
March 9, 2010
Noront Technical Workshop II - Luncheon
This Noront hosted event is specifically for Analysts and is an invitation only event.
The presentation from this event will be available on the website for download. For information on this event, please contact Joanne Jobin, VP Corporate Communications at 416 367 1444 ext 126.
Aboriginal Presentation Room - 2:00-7:00pm Room 714A
Paul Semple, Chief Operating Officer of Noront and Glenn Nolan, VP Aboriginal Affairs of Noront will be featured presenters.
Investors' Exchange Presentation - 4:20pm, Room 801B, PDAC:
Mr. Wes Hanson, Noront's President and CEO will update investors on Noront's McFauld's Lake Projects.
Noront Signature Cocktail Event - 6:00-8:00pm, The Design Exchange, 234 Bay Street
Join us in celebrating our Aboriginal initiatives, the official launch of NUMA and The Ring of Fire Viewer. Meet special guest, Canadian Hockey Legend, Mr. Paul Henderson, who will be introducing a Noront-sponsored documentary featuring the youth of Webequie First Nation. For more information on this event, please contact Amanda Fitzner at 416 367 1444, ext 411 or at firstname.lastname@example.org
Noront Resources Ltd. is focused on its significant and multiple, high-grade nickel-copper-platinum-palladium, chromite, gold 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 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
Wesley (Wes) 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.
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.
SOURCE NORONT RESOURCES LTD.
For further information: For further information: Joanne Jobin, Vice President Corporate Communications at (416) 367-1444, or visit Noront's website at: http://www.norontresources.com