Noront Resources intersects high grade platinum, drilling now confirms continuity at Eagle's Nest

    Symbol:               NOT:TSX-V
                      Shares Outstanding:   163,631,957
                      Fully Diluted:        173,461,957
                  

TORONTO, Nov. 19 /CNW/ - Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT) is pleased to report newly obtained assay results of completed drill holes from the Company's Eagle's Nest deposit at the McFauld's Lake Property located within the Ring of Fire mineral district. The results are from the ongoing drilling, which continues to expand and define the extents of the mineralization at Eagle's Nest.

Five holes intersecting the Eagle's Nest mineralization are being reported herein. All five of the holes exhibit significant assay results including intersections of massive mineralization. The Company notes that Hole NOT-09-070-W1 intersected unusually high platinum grades within the massive sulphide mineralization.

    ASSAY HIGHLIGHTS:
                      -----------------
                      -   Hole No. NOT-09-070-W1 intersected 22.8 metres averaging 4.41% Ni,
                          2.38% Cu, 28.07gpt Pt and 7.95gpt Pd
                          -  Including 8.4 metres averaging 1.19% Ni, 1.46% Cu, 68.78gpt Pt and
                             7.55gpt Pd
                          -  Also including 8.0 metres averaging 7.41% Ni, 2.19% Cu, 0.18gpt Pt
                             and 9.33gpt Pd
                      -   Hole No. NOT-09-068-W1 intersected 135.2 metres averaging 1.65% Ni,
                          0.8% Cu (Pt and Pd pending)
                      -   Hole No. NOT-09-064 intersected 53.1 metres averaging 1.94% Ni, 0.95%
                          Cu, 0.60gpt Pt and 3.85gpt Pd
                          -  Including 13.2 metres averaging 4.98% Ni, 1.92% Cu, 0.07gpt Pt and
                             6.71gpt Pd
                  

Drilling results continue to expand the size of the Eagle's Nest deposit and have definitively filled in all remaining gaps along the vertical length defining the mineralization to a depth of below 1,000 metres. Hole NOT-09-068-W1 was targeted to completely fill in the gap between what were formerly known as the B and C lenses at Eagle's Nest. In addition, hole NOT-09-070-W1 intersected significant massive mineralization including the highest platinum grades encountered to date at Eagle's Nest. The massive sulphide zone is taking shape and is close to being defined along the down-dip length of the deposit.

Wes Hanson, Noront's CEO states; "We continue to aggressively expand the resource potential at Eagle's Nest. We strongly believe that we have delivered on our stated target of tripling the Eagle One resource. Our drilling has established that the Eagle's Nest deposit is continuous from surface to depths below 1,000 meters and the mineralization over most of that distance remains open along strike as well as at depth. Our geological team currently estimates between 10 and 15 million tonnes of mineralized material at Eagle's Nest averaging approximately 2.0% nickel, 1.0% copper, 1-2 grams per tonne platinum and 3-5 grams per tonne palladium, consistent with the grades estimated in the existing 43-101 Resource Estimate for Eagle One. More importantly, the geometry of the deposit is ideally suited for underground mining which eliminates the need for expensive dikes and surface dewatering systems inherent to any open pit mining in this region of Canada." Mr. Hanson further stated; "We will be inviting qualified, independent engineering firms to bid on updating the Eagle's Nest resource estimate and plan to award this work by January, 2010."

The following table summarizes the results of the five holes disclosed herein:

    -------------------------------------------------------------------------
                                      FROM    TO     INT. MINERALIZATION  NI    CU    Pt     Pd
                      HOLE ID          (m)    (m)     (m)      TYPE        %     %   g/t    g/t
                      -------------------------------------------------------------------------
                      NOT-09-053-W5  933.0  1020.6   87.6  Net Textured  1.83  1.84  1.44   4.2
                                                            /Massive
                      -------------------------------------------------------------------------
                      Note NOT-09-053-W5 ended in mineralization, reached drill depth capacity
                      -------------------------------------------------------------------------
                      NOT-09-053-W6  727.9   785.0   57.1  Net Textured  1.89  0.85  1.06  4.54
                                                            /Massive
                      -------------------------------------------------------------------------
                      NOT-09-064    1079.3  1132.5   53.1  Net Textured  1.94  0.95  0.60  3.85
                                                            /Massive
                      -------------------------------------------------------------------------
                      Including     1104.5  1117.7   13.2  Massive       4.98  1.92  0.07  6.71
                      -------------------------------------------------------------------------
                      NOT-09-068-W1  683.0   818.2  135.2  Net Textured  1.65  0.80  Results
                                                                                      pending
                      -------------------------------------------------------------------------
                      NOT-09-070-W1  607.6   630.4   22.8  Massive       4.41  2.38 28.07  7.95
                      -------------------------------------------------------------------------
                      Including      607.6   613.3    5.7  Massive       5.78  4.42 37.87  8.26
                      -------------------------------------------------------------------------
                      Also including 612.8   621.2    8.4  Massive       1.19  1.46 68.78  7.55
                      -------------------------------------------------------------------------
                      Also including 622.4   630.4    8.0  Massive       7.41  2.19  0.18  9.33
                      -------------------------------------------------------------------------
                  

The mineralized intervals do not represent true widths, which cannot be determined at this time. Due to extremely high platinum results encountered in hole NOT-09-070-W1 these samples are being re-run, although the results did pass Quality Control protocols. Missing platinum and palladium results in hole NOT-09-068-W1 will be reported when they become available. Hole NOT-09-070 encountered drilling problems prior to intersecting the mineralization and was stopped with the target intersected by wedging with hole NOT-09-070-W1.

Please refer to Noront's website to view an updated surface plan (please view showing the location of the drill hole collars and a horizontal trace of their paths. Also on the Noront website is an updated longitudinal section (please view showing the pierce points and traces of the mineralized intersections through the Eagle's Nest and the projected outline of the mineralization zones.http://norontresources.com/find/id/29/nkhttp://norontresources.com/find/id/28/xv

Jeremy Niemi, Noront's Vice President, Geology notes; "We are very encouraged by having confirmed that the Eagle's Nest is in fact a single continuous zone from surface down to below 1,000 metres. Along with expanding the limits along strike and at depth we are also specifically targeting the massive mineralization, which is showing indications of being a single, consistent zone with a predictable orientation. Exciting times for the Noront exploration team."

    AT 12 Update:
                      -------------
                  

Drilling at AT12 is proceeding as planned and results will be reported in the coming weeks, as they are available from the lab and approved by Noront's quality control manager.

INDEPENDENT QUALITY CONTROL AND ANALYTICAL PROTOCOL

A thorough quality control program has been in effect for the Eagle's Nest project which includes grouping samples into batches of 35 into which are added 2 certified reference material standards, 2 field and pulp duplicates also form part of the QC program. It can be said with confidence that all assays are reported in this Press Release have passed the strict quality control guidelines as set out by Noront's independent Qualified Person ("IQP").

All samples reported upon herein were completed by Activation Labs (Actlabs) of Ancaster, Ontario. The samples submitted to Actlabs were analyzed for multi-elements, including Ni and Cu using a four acid digestion and by ICP analysis. The samples that received base metal values greater than the upper limit for the method underwent further analysis using ICP-OES. For the Au, Pd and Pt, the assay methodology was Fire Assay on a 30 gram aliquot with an ICP finish. Silver was analyzed using a 3-acid digest with an ICP analysis. For more information on assay methodology please visit the Activation Laboratories Ltd. Website at .http://www.actlabsint.com

Preparation of drilling results in this press release has been supervised by Noront's senior management including Jeremy Niemi, P.Geo. Vice President, Geology, who is a Qualified Person under Canadian Securities Administrators guidelines. At the current stage of exploration there is insufficient drilling to determine the extent of continuity of the mineralization required to define a mineral resource for all mineralization at the Eagle's Nest. Noront anticipates delivering an updated mineral resource in second half of 2010.

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