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July 14th, 2009
TORONTO - Noront Resources Ltd. (”Noront” or the “Company”) (TSX Venture: NOT) announced today that there are no corporate developments or undisclosed material changes involving the Corporation to account for its recent rise in stock price. Noront released an Exploration Update on June 29, 2009 www.norontresources.com/News/Release/147 outlining the current status on drilling at its Eagle One high-grade nickel, copper, PGM discovery. As discussed in that press release, all outstanding assays on Eagle One are pending and will be released when compiled.
About Noront Resources
Noront Resources 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 drill plan for 2009.
On behalf of the board of directors:
“Wesley (Wes) Hanson President & Chief Executive Officer”
Forward Looking Statements
This release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation, including predictions, projections and forecasts. Forward-looking statements include, but are not limited to, statements that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion, growth of the Company’s businesses, operations, plans and with respect to exploration results, the timing and success of exploration activities generally, permitting time lines, government regulation of exploration and mining operations, environmental risks, title disputes or claims, limitations on insurance coverage, timing and possible outcome of any pending litigation and timing and results of future resource estimates or future economic studies. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “planning”, “planned”, “expects” or “looking forward”, “does not expect”, “continues”, “scheduled”, “estimates”, “forecasts”, “intends”, “potential”, “anticipates”, “does not anticipate”, or “belief”, or describes a “goal”, or variation of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information: Joanne Jobin, Vice President, Corporate Communications at +1-416-356-1444, e-mail at investor.relations@norontresources.com or visit Noront’s website at: www.norontresources.com
Source: Noront Resources Ltd.
For further information: Joanne Jobin, Vice President, Corporate Communications at +1-416-356-1444, e-mail at investor.relations at norontresources.com or visit Noront’s website at: http://www.norontresources.com
Filed under Energy, Mining | Tags: canada, Noront Resources Ltd., Toronto | Comment Below
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