Noront Resources Ltd.

Noront Resources Ltd.

November 21, 2006 15:49 ET

Noront Resources Ltd.: Tie Jiang Ying Zi Property, Inner Mongolia, China Referred to as China One Project

TORONTO, ONTARIO--(CCNMatthews - Nov. 21, 2006) - Noront Resources Ltd. ("Noront")(TSX VENTURE:NOT) has now been advised that the Option Agreement entered in to between the Company and certain private individuals referred to as the "China Group" (see press release February 8th, 2006), wherein the China Group was granted the right to earn a 50% interest in Noront's China One Copper/Gold Project in Inner Mongolia, China, has been transferred to Newport Gold Inc. ("Newport") recently called for trading on the Over the Counter Bulletin Board USA ("OTCBB") symbol NWPG.

Newport has agreed to assume all of the obligations contained in Noront's agreement with the China Group dated February 1st, 2006.

Newport has advised that the China Group has recently completed an IP survey, mapping and sampling over the project through a Chinese consulting group. The Company is waiting a report regarding this program completed including the assay results of the sampling program.

Newport has further advised the Company that it intends to commence a diamond drill program early in 2007.

Noront is a tier 2 junior resource company on the TSX Venture Exchange, trading symbol NOT, with 54,567,692 shares issued to date.

For further information covering details of the Company's China One project, please visit the Company's web site


"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.

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