�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.