Noront Resources Ltd.

Published : July 23rd, 2007

El Verde Project, Mexico

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Noront Resources Ltd.

15 Toronto Street

Suite 1000             

Toronto, Ontario M5C 2E3

 

Telephone (416) 864-1456

Telefax (416) 367-5444

email: info@norontresources.com

                                                                                                                                                                                                                     

NORONT                           

 

�EL VERDE PROJECT, MEXICO

 

TSXV Trading Symbol:  NOT                                                                  July 20, 2007

 

Toronto, Ontario � Noront Resources Ltd. (�Noront�) has finally received all of the assay results and report on 5 diamond drill holes completed on the Company�s optioned �El Verde� zinc, copper, silver project located approximately 26 km north-northwest of the town of Choix in Sinaloa State, Mexico (see press release dated November 23, 2006).

 

Diamond Drilling Assays Results

 

The mineralized section in each drill hole was sampled and assayed with the significant results above ..10% in copper and zinc listed below.

 

DDH   EL-07- 01

This hole was designed to intersect the mineralized zone at right angles and to confirm the results of a government drill program completed in the early 1970�s. After checking for the core and searching the Mexican core storage facilities in Durango no core from the previous program was found.

 

Copper Results

 

From

To

Width

%Cu.

7.1

13.725

6.625m     (21.73ft)

0.357

22.875

35.075

12.20m    (40.016ft)

0.320

42.75

44.225

1.53m      (4.92ft)

0.127

45.75

47.225

1.53m      (4.92ft)

0.158

59.475

61.00

1.53m      (4.92ft)

0.425

67.1

71.675

4.59m      (15.06ft)

0.243

80.825

89.975

9.15m     (30.012ft)

0.408

93.025

97.60

4.575m    (15.006ft)

0.580

 

Zinc Results

 

From

To

Width

%Zn.

32.025

99.125

67.10m    (220.088ft)

1.35

INCLUDING

 

 

 

32.025

42.7

10.675m  (35.014ft)

3.212

77.775

88.45

10.675m  (35.014ft)

3.334

 

DDH ELV-07-02

This hole was drilled at a minus 65� on the same Azimuth and location as DDH EL-07-01 to test the down dip extension of the mineralized intersections in DDH ELV-07-01.

 

 

Copper Results

 

From

To

Width

%Cu.

12.0

16.5

4.5m  (14.76ft)

0.26

30.0

31.5

1.5m  (4.92ft)

0.12

34.5

40.5

6.0m  (19.68ft)

0.81

46.5

52.5

6.0m (19.68 ft)

0.248

54.0

57.0

3.0m  (9.84ft)

0.18

58.5

60

1.0m  (3.28ft)

0.13

 

Zinc Results

 

From

To

Width

%Zn.

37.5

49.5

12.0m   (39.36ft)

1.10

54.0

60.0

6.0m     (19.68ft)

0.81

81.0

90.0

9.0m     (29.52ft)

0.443

 

DDH ELV-07-03

This hole was drilled at 80� on the same Azimuth as 07-02 and at the same location of DDH 07-01 to test the mineralized zones at depth.

 

Copper Results

 

From

To

Width

%Cu.

9.0m

15.0m

6m  (19.68ft)

0.238

51.0m

53.0m

2m  (6.56ft)

0.317

63

66

3m   (9.84ft)

2.39

 

Zinc Results

 

From

To

Width

%Zn.

63.0

72.0

9m   (29.52ft)

0.752

 

DDH ELV-07-04

DDH ELV-07-4 was drilled to check the mineralized zone in ELV-07-3 because of poor core recoveries in some of the mineralized sections.

 

Copper Results

 

From

To

Width

%Cu.

15

17

2.0m       (6.56ft)

0.184

33

34.5

1.5m       (4.92ft)

0.151

49.5

52.5

3.0m       (9.84ft)

0.144

60

67.5

7.5m       (24.6ft)

0.440

 

 

 

 

 

Zinc Results

 

From

To

Width

%Zn.

60

72.0

12m   (39.36ft)

0.521

 

 

 

DDH ELV-07-05

This hole was drilled to check a fault block south of the zone. The hole failed to cut the zone which has been displaced further south.

 
Copper Results

 

From

To

Width

%Cu.

36

37.5

1.5m   (4.92ft)

0.184

 
Zinc Results

 

From

To

Width

%Zn.

36

39

3.0m  (9.84ft)

0.280

 

Review of this Technical Data Has Indicated that �although the mineralized zones intersected to-date are not of economic grades the widths of both the copper and zinc zones are impressive. This along with the bedded style of the mineralization within the limestone unit make the area to the south of the drilled zone a favorable prospecting target. The area to the south exhibits similar rock types and showings of zinc and copper along the eastern flank of a N-S range of hills. Numerous high grade floats are visible in the valley bottom having rolled down the dip slope of the mineralized zones found during the Phase I mapping and prospecting program.  It has been recommended this area be thoroughly prospected, mapped, trenched and sampled where needed. If this Phase proves to be successful a road can be constructed to the south of the area drilled in early 2007 and a drill program laid out to test the mineralized zones.�  The Company is considering these recommendations. 

           

Assay samples were taken from (NQ size) drill core, split in half with one half being prepared in ALS Chemex Lab in Hermosillo, Sonora, Mexico and then forwarded to ALS Chemex Lab offices in Vancouver for assay.  The remaining half core is stored in a secure location for future reference or further testing.

 

The technical content of this press release has been reviewed by Donald Cross P.Eng (Ontario), the Company�s consultant and the Company�s qualified person under the guidelines of National Instrument 43-101.

 

Noront is a tier 2 junior resource company on the TSX Venture Exchange, trading symbol NOT, with 90,300,807 shares issued to date.

 

For further information, please contact Richard Nemis at 416-864-1456, or visit the Company�s web site www.norontresources.com

 

 

                                                            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.

 

 

 

 


Noront Resources Ltd.

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CODE : NOT.V
ISIN : CA65626P1018
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Noront Res. is a gold and copper exploration company based in Canada.

Noront Res. holds various exploration projects in Canada.

Its main exploration properties are HUNTERS POINT, BLACKBIRD PROJECTS, WINDFALL LAKE and DOUBLE EAGLE in Canada.

Noront Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 335.4 millions as of today (US$ 268.2 millions, € 234.9 millions).

Its stock quote reached its lowest recent point on December 27, 2002 at CA$ 0.01, and its highest recent level on February 29, 2008 at CA$ 7.42.

Noront Res. has 306 320 000 shares outstanding.

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TSX-V (NOT.V)OTHER OTC (NOSOF)
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