Noront Resources Ltd.
TSX VENTURE : NOT

Noront Resources Ltd.

November 14, 2005 10:15 ET

Noront Intersects Hi Grade Gold at Windfall Lake

TORONTO, ONTARIO--(CCNMatthews - Nov. 14, 2005) - Diamond drilling resumed at Noront's (TSX VENTURE:NOT) wholly owned Windfall Lake property in Urban Township, Quebec. October 29, 2005.

Based on the company's summer trenching results and the recently completed computer geochemical study, the present drill program is designed to test for continuity along strike and dip of previously significant gold mineralization encountered in previous drill holes.

The second hole in the current program, NOT-05-73, intersected an auriferous pyrite zone from 355.05 to 368.75 meters for a total of 13.70 meters (44.9 feet). The first .95 meters (3.1 feet) of the zone, containing visable gold, averaged 698.0 grams per tonne or 20.36 ounces per ton and the last 1.90 meters (6.2 feet) of the zone averaged 8.1 grams per tonne or 0.24 ounces per tonne.

This new hole, collared at 12+40 meters west and 1+60 meters north, was drilled at minus 70 degrees on an azimuth of 330 degrees to a depth of 499.0 meters. The above gold intersection as calculated from a downhole Flexit instrument survey is at a vertical depth of 330 meters and 40 meters along strike to the southwest and 20 meters up dip from a gold zone previously intersected in the 2004 drill hole NOT-04-27 (see press release dated October 21, 2004), which returned a 13.40 meter (44.0 feet) zone averaging 8.6 grams gold per tonne or 0.25 ounces per tonne from 400.0 meters (1312.0 feet) to 413.4 meters (1356.0 feet).

The first drill hole in the current program, NOT-05-72 was collared at 11+95 meters west and 1+83 meters north and drilled at minus 75 degrees on an azimuth of 330 degrees to a depth of 152.0 meters where it was halted without encountering any significant mineralization. Drilling is continuing on the property.

Following is a table of the significant gold intersections obtained from Hole NOT-05-73.



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FOOTAGE WIDTH GOLD VALUES
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METERS FEET GRAMS/TONNE OUNCES/TONNE
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12.80 - 13.40 0.60 2.0 26.0 0.76
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50.45 - 51.00 0.55 1.8 5.6 0.16
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55.90 - 60.50 4.60 15.1 1.8 0.05
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355.05 - 356.0 0.95 3.1 698.0 20.36
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356.0 - 361.85 5.85 19.2 0.4 0.01
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361.85 - 366.85 5.00 16.4 1.2 0.03
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366.85 - 368.75 1.90 6.2 8.1 0.24
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355.05 - 368.75 13.70 44.9 50.1 1.46
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John Harvey, P. Eng., is the company's qualified person for the technical information in this release under National instrument 43-101 guidelines.

Assay samples are taken from (NQ size) drill core sawed in half with one half sent to Bourlamaque Assay Laboratory located in Val D'Or, Quebec for assaying. The remaining half core is stored in a secure location for future reference or further testing.

The gold assay method uses a 30-gram fire assay with gravimetric finish. Significant assays results are checked by the laboratory where warranted. A second independent laboratory will check assays with any significant variability.

Noront is a tier 2 junior resource company on the TSX Venture Exchange, trading symbol NOT, with 46,341,741 shares issued to date. For further information, please contact Richard Nemis at 416-864-1456.

ON BEHALF OF THE BOARD OF DIRECTORS

"R. Nemis"

President and Chief Executive Officer

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Noront Resources Ltd.
    Richard Nemis
    President and Chief Executive Officer
    (416) 864-1456
    (416) 367-5444 (FAX)
    info@norontresources.com