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Noront Resources Ltd.

TICKER: TSX.V:NOT

DESCRIPTION: Noront Resources Ltd. is focused on its McFauld's Lake Project, which includes significant, multiple high-grade nickel-copper-platinum-palladium, chromite and Vanadium and gold discoveries in an area known as the "Ring of Fire," an emerging multi-metals district located in the James Bay Lowlands of Northern 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, well-funded drill plan in 2010.

Noront unveils new iPhone app that lets investors evaluate mining data, National Post (3/8/10)

WEBSITE: http://www.norontresources.com

The information below is based on the most recent information we have received from analysts and the companies participating in The Gold Report. We encourage you to visit the company's web site for updates.

"Pinetree has been involved in Noront for a while. The company is advancing its Eagle Nest nickel, copper, and platinum group metals (PGE) and Blackbird chromite projects in northern Ontario. A big challenge to mining these deposits is infrastructure as they are located in a very remote region. Noront recently failed in its hostile takeover of Freewest Resources and its nearby Black Thor chromite project to Cliffs Natural Resources. However, we think it's positive for Noront and all the other companies active in the McFaulds Lake region that a large company like Cliffs, with its deep pockets, is moving into the camp as it could help address the infrastructure challenges. However Noront's Eagle Nest project is the lynchpin in developing the camp as it will likely be the first deposit to be mined, due to its higher rock value than the chromite deposits, and hence will drive and fund the camp's initial infrastructure. Also, Noront is much farther along in working and consulting with the First Nations communities in the region, who will be very important in getting these deposits developed."
- The Gold Report Interview with Craig Stanley (01/19/10)

"Friday after the close, Noront provided an update concerning the First Nations logistics halt from Esker Camp at its McFaulds Lake project. Noront stated that the First Nations logistics halt at Koper Lake has forced Noront to temporarily suspend its winter drill program and reduce manpower levels. Although drilling is temporarily suspended, Noront did say that it remains confident that a negotiated settlement is possible and that the planned drilling for 2010 will be completed.

Currently, Noront's technical staff, both at camp and at its head office, are actively updating geological and geophysical models, reviewing results from the fall program, initiating sampling of the newly discovered Triple J gold zone and initiating a preliminary evaluation of the Eagle's Nest resource. Noront also stated that it recognizes the right of the First Nations' communities of Marten Falls and Webequie to take such measures in order to make their concerns known. Noront continues to have an open dialogue with both Chief Moonias (Marten Falls First Nation) and Chief Wabasse (Webequie First Nation) in hopes of reaching a negotiated settlement in the very near future."
- Morning Coffee, Canaccord Capital (02/02/10)

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