Noront Resources Ltd. - Conference Presentation Calls

Noront Resources Ltd. reported on recent exploration activities at the McFauld's Lake Property located within the Ring of Fire mineral district in the James Bay Lowlands. Drilling continues to increase resources at the Eagle's Nest deposit; Drilling has commenced at AT-12 to follow up new geophysical targets; NI-43-101 report and initial chromite resource estimate of Blackbird deposit is on schedule; Drilling on the Freewest-Noront joint venture has been stopped due to disappointing results. The mineralization at Eagle's Nest is contained within a vertical zone (Z axis) which, has been defined to a depth of 1,000 metres. The zone has a strike length (N-S or X axis) up to 200 metres and a width (E-W or Y axis) of up to 60 metres. The geometry of the zone is ribbon like and has relatively subtle variations in the strike length and width along the vertical axis, which has made defining the zone relatively easy in recent months.

Noront Resources Ltd. reported newly obtained assay results and detailed modeling at the Blackbird deposits indicate a new, distinct gold zone at the company's McFaulds Lake property in the James Bay lowlands, Ontario. The 'Triple J' zone has been drill traced over a 1.0 kilometre strike length to a depth of over 300 metres. A total of 44 holes define the zone to date. Gold mineralization is directly related to contact between granodiorite and peridotite and ranges in thickness from several centimeters to tens of metres. Gold grades range from 0.3 to 30.0 grams per tonne. Gold mineralization was encountered in holes targeting Eagle Two and the Blackbird deposits. In a number of cases holes encountered gold, nickel-copper and chromite mineralization in the same hole. The Triple J zone was intersected during the definition drilling of the Eagle Two and Blackbird chromite deposits. Visual inspection of the core from the sheared contact zone has on several instances yielded visible gold. Based on these observations the company plans to undertake a significant, sampling program focused on the granodiorite peridotite contact in all the holes that intersect the contact and all subsequent holes. Additional resampling work on all holes will be reported once results are available.