| TORONTO, ONTARIO, Dec 01, 2006 (MARKET WIRE via COMTEX News Network) --
NORONT RESOURCES LTD. (TSX VENTURE: NOT) is pleased to announce the following results from diamond drilling on its wholly owned Windfall Lake property in Urban Township, Quebec.
The fall 2006 drilling program has been completed with 12 drill holes totaling 3297.9 meters. The holes tested the mineralized gold zones previously discovered by Noront and warranting further testing as recommended by Tracy Armstrong (a qualified geologist in the province of Quebec) of P&E Mining Consultants (Brampton, Ontario).
The first three holes (NOT 06-97 to 99) failed to encounter any new significant gold mineralization, however the fourth hole (NOT-06-100) encountered three significant zones of gold mineralization, the best of which covered a total width of 4.80 meters (15.7 feet) consisted of six individual split core samples, two of which contained visible gold. Each of these latter six samples were assayed twice (using two split/separate pulps of the same sample) with the normal fire assay method and a third time (a third split/separate pulp of the same sample) with a metallic screen test.
The assayed, weighted average of the three assay tests for the six individual samples over the 4.80 meters (15.7 feet) were; 1792.9 g/t (52.30 oz/t), 800.1 g/t (23.33 oz/t) from the fire assays and 1327.9 g/t (38.74 oz/t) for the metallic screening assay.
For those interested parties who wish to know more about the methodology used in the assaying process, you may contact Bourlamaque Labs of Val d'Or, Quebec.
The remaining 8 drill holes completed (NOT-06-101 to NOT-06-108) are awaiting assay results which are expected before year-end.
Further work at Windfall Lake in 2007 has not yet been planned and will likely not commence before next spring as road access in the area has been severely curtailed for this coming winter due to a slow-down in the logging industry in the area.
The following table lists the new drill holes giving the hole locations, direction and significant assay intervals. True widths of the gold zones being reported is not known at this time.
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SIGNIFICANT GOLD MINERALIZATION
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DRILL GRID CORE WIDTH ASSAYS
HOLE LOCATION AZIMUTH DIP INTERVAL -----------------------------
(meters) g/ Oz/
METERS FEET tonne ton
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NOT-06-97 994W, 150 -60
688N degrees degrees No significant assays
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NOT-06-98 1065W, 150 -70
665N degrees degrees No significant assays
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NOT-06-99 1320W, 145 -75 248.00-
690N degrees degrees 249.60 1.60 5.2 F.A. 5.4 .16
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NOT-06-100 915W, 150 -60 79.40-
550N degrees degrees 80.45 1.05 3.4 F.A. 61.3 1.79
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111.50-
114.00 2.50 8.2 F.A. 3.5 .10
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119.60-
124.40 4.80 15.7 F.A. 1792.9 52.30
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check assay 119.60-
124.40 4.80 15.7 F.A. 800.1 23.33
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check assay 119.60-
124.40 4.80 15.7 M.A.1327.9 38.74
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F.A equals Fire Assayed M.A. - Metallic Assayed
Assay samples are taken from (NQ) 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 on each sample. Significantly high assay results are checked by the laboratory by re-assaying additional pulps from the same sample using the fire assay and/or the metallic screening method. Additional checks are carried out normally on pulp duplicates and preparation duplicates. The Bourlamaque Assay Lab also complies with industry approved Certified Reference Material.
Gold assay results as reported to the company are in parts per billion (ppb) and reported publicly by the company in grams per tonne (1000 ppb equals 1 gram). Conversion to ounces per ton (oz/ton) on the attached Table employs a factor of 34.285 grams per tonne equaling 1 troy ounce per short ton and core width of significant zones is also give in feet (1.0 meter equals 3.28 feet).
John Harvey, P. Eng., is the company's qualified person for the technical information in this release under National Instrument 43-101 guidelines.
Noront is a tier 2 junior resource company on the TSX Venture Exchange, trading symbol NOT, with 54,567,692 shares issued to date.
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.
Contacts: Noront Resources Ltd. Richard Nemis (416) 864-1456 (416) 367-5444 (FAX) Email: info@norontresources.com Website: www.norontresources.com
SOURCE: Noront Resources Ltd.
mailto:info@norontresources.com https://www.norontresources.com |