TORONTO, ONTARIO August 20, 2007 Noront Resources Ltd. (“Noront”)(TSX Venture: NOT) is pleased to provide the following activity update including results from sample analysis of recent diamond drilling completed on the Company’s Windfall Lake project located in Urban Township, Quebec.
The assay results received to date cover approximately 3000 meters of drilling in nine holes. Results of assaying of approximately a further 3000 meters of drilling has yet to be received by the Company.
Seven diamond drill holes were completed to assist in the design of the proposed underground exploration ramp and are not expected to yield economic tenors of gold.
The following table highlights the best results from drill holes NOT-07-110 and NOT-07-115.
To view the chart please see the attached .pdf
Two separate zones were encountered in NOT-07-110, the second of four planned deep holes. These holes were designed to test the west extension of an extensive mineralized zone below previous drilling and over a strike length of almost a kilometre. Hole NOT-07-110 was drilled to test the western down dip extension of the known mineralization some 300 m west of the initial hole in this programme and almost 500 m below historic drill holes.
NOT-07-115, the third deep hole, also intersected two zones. The hole was collared to the west of a trenched area that contains several showings including Alto’s original discovery. The hole tests a block of ground up to 500 m below previous drilling.
True widths of these intersections are not known at this time.
Assay samples are taken from (NQ) drill core sawed in half with one half, packaged and delivered to the Bourlamaque Assay Laboratory located in Val D’Or, Quebec for analysis. The remaining half core is stored in a secure location for future reference or further testing. The initial gold assay method comprises a 30-gram fire assay charge with an atomic-absorption finish. The upper detection limit of this method is 10 ppm. Samples reporting >2 g/t gold are reassayed in duplicate using aliquots of the original pulp and of an additional split of the coarse rejects. The reassay method comprises a 30 g fire assay with a gravimetric finish.
Noront designates samples in batches of 20. Each batch includes a certified standard, a blank (currently silica gel) and a duplicate. Duplicate samples are prepared by quartering a sample and submitting the quarters under separate tag numbers. The assay laboratory also reports its internal standards and blanks. The Bourlamaque Assay Lab holds a certificate of laboratory proficiency for the analysis of gold issued under the Proficiency Testing Program for Mineral Analysis Laboratories which is administered by CANMET.
Gold assays are reported to the company in parts per million (ppm) and reported publicly by the company in grams per tonne (1 ppm = 1 gram). Conversion to ounces per ton (oz/ton) on the attached Table employs a factor of 34.285 grams per tonne equaling 1 troy ounce per short ton and core width of significant zones is also give in feet (1.0 meter = 3.28 feet).
Studies are ongoing to determine the orientation, geometry and continuity of the gold bearing zones and are part of Noront’s proposed exploration program that includes surface drilling and a decline to access a number of gold bearing zones for bulk sampling underground. It is the intention of this program to begin to define a gold resource (as per NI 43-101 guidelines) and to further outline and evaluate the gold deposits found within the Windfall Lake project area.
One of the qualified persons responsible for overseeing and reviewing the technical data on the Windfall Lake project is Patrick Chance P.Eng. The technical information prepared for disclosure in this Noront news release has been approved by Mr. Chance.
The current diamond drill program utilizing two diamond drills is being completed in an orderly fashion as determined by the Company’s geological team including Tracy Armstrong, P.Geo (a qualified geologist in the Province of Quebec) of P & E Mining Consultants.
Noront management is in possession of a number of permits including camp installation, septic facilities, forestry and gravel usage while it awaits final approval of the proposed surface facilities and the exploration decline. Bids for the contract work on surface have been received and the underground development bidding is to close in advance of September 1st, 2007 at which time the Company hopes to be able to confirm its development team. Should the permitting process continue past this date, the time line for development will be modified in light of seasonal weather conditions.