Toronto, Ontario, December 10, 2009. Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture: NOT) at the request of the Investment Industry Regulatory Organization of Canada, Noront retracts the estimated mine life and revenue projections for the Blackbird chromite deposit as disclosed in our Press Release of December 9, 2008, as these projections are not supported by an independent economic analysis.
Noront Resources Ltd. 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
For further information please contact Joanne Jobin, Vice President Corporate Communications at (416) 367-1444 ext 126, or visit Noront’s website at: http://www.norontresources.com.
Wesley (Wes) Hanson
Chief Executive Officer