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Press Release Source: Noront Resources Ltd.
Noront Resources Ltd.: "El Verde Project, Mexico"
Friday July 20, 11:41 am ET
TORONTO, ONTARIO--(CCNMatthews - July 20, 2007) - Noront Resources Ltd. ("Noront")(TSX VENTURE:NOT - News) 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 degrees 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 degrees 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.
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.
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