Toronto, Ontario September 28, 2007 Noront Resources Ltd. (“Noront”) (TSX Venture: NOT) is pleased to provide an update on the Windfall Lake Project.
The Certificate of Authorization for excavating the underground access ramp on the Windfall Project has been received from the MDDEP (Department of Environmental Protection and Sustainable Development) on the 25th of September 2007. Permitting regarding expansion of the camp site, septic facilities, and gravel use are already in Noront’s possession. All information regarding the permit with the MRN (Department of Natural Resources) for taking the bulk sample has been submitted and is expected to be approved in a timely manner.
Camp expansion, which is now underway should be completed in October to accommodate all the construction crews and other required personnel.
Construction Norascon of Amos (Quebec) has been selected for the surface construction work. Surface work represents the portal trench and ground support, all the mineralized material and waste storage pads, the settling pond and the polishing pond. Work should start following receipt of all the permits, and after the camp expansion.
Mining contractor Monterie Expert has been selected for all underground excavation. The mining contractor will commence mobilization and start the decline after the surface work has been completed.
Genivar SEC. of Val-d’Or (Quebec) will be doing the management and supervision of the contractors, the environmental follow up and the detailed engineering regarding the Windfall Lake Project. Noront’s own geological crews will carry out the necessary mapping and sampling of the underground workings under the guidance of Tracy Armstrong, P. Geo., of P & E Mining Consultants Inc. Ms. Armstrong is a qualified geologist in the Province of Quebec.
The proposed ramp, approved by Noront’s directors is designed to assess and sample several areas of gold mineralization intersected in previous surface diamond drill holes. The gold zones include those encountered on Noront’s wholly owned Windfall Lake Property and its optioned Murgor/Freewest Property contiguous to the north where the ramp is being collared.
Costs for that portion of the ramp on the Murgor/Freewest option will be applied against the work commitment on the optioned property. The ramp will commence on the Murgor/Freewest option ground and drive southward onto Noront’s ground to a vertical depth of at least 100 meters . Total cost of the ramp could exceed $8.0 million depending on the extent of work required to complete the necessary geological assessment of the gold zones.
Noront is a tier 2 junior resource company on the TSX Venture Exchange, trading symbol NOT, with 98,847,807 shares issued to date.
Investors are invited to visit the Noront Resources IR Hub at www.agoracom.com/IR/Noront where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to NOT@agoracom.com where they can also make a request to be added to the investor e-mail list to receive all future press releases and updates in real time.
For further information, please contact Richard Nemis at 416-864-1456, or visit the Company’s web site www.norontresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
President and Chief Executive Officer