Noront Resources Ltd. NOSOF

SPX takes high land position near Noront

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SPX is gonna fly... watch out Stellar Pacific to take high land position near Noront Resources in urban township 16:01 EST Monday, Jan 22, 2007 LAVAL, QC, Jan. 22 /CNW Telbec/ - Stellar Pacific Ventures Ltd. (SPX) is pleased to announce the acquisition of 100% interest in 58 Claims covering 928 hectares located in the North Western Quebec's Urban township. The Company is earning its interest by paying $25,000.00 and issuing 200,000 shares of its share capital to a prospector. The 58 claims property is located 100 kilometres east of Lebel Sur Quevillon where significant results has been obtained by Noront Resources (NOT) recently at 5 km west of the property. In December 1, 2006, Noront announced the results of three gold assays testing 1792.9 g/t, 800.1 g/t and 1327.9 g/t Au over 4.8 meters. This area is well known for its gold potential, and the company is very pleased with this acquisition adding another attractive property to its portfolio with Opinaca, Aiguebelle, Clericy and Vassan all located near major gold discoveries. The company will undertake shortly a magnetic survey of the entire property and establish a drilling program for the summer. Stellar Pacific Venture Inc. is a junior mining exploration company listed on the TSX-V whose primary objective is to develop and bring into production viable gold deposits. "Michel Lemay" --------------------- Michel Lemay President The TSX Venture Exchange has in no way passed on the merits of the proposed transaction and has neither approved or disapproved the contents of this press release. For further information: Michel Lemay, Stellar Pacific's office in Montreal, [phone]