Noront Resources

One hole hit ... expect price to retreat a bit - good time to get in!

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Noront Resources Ltd.: Near Surface High Grade Drill Hole at Windfall Lake
08:32 EDT Wednesday, March 19, 2008

TORONTO, ONTARIO--(Marketwire - March 19, 2008) - Noront Resources Ltd. "Noront" (TSX VENTURE:NOT) is pleased to announce a further significant diamond drill intersection from the Company's Windfall Lake Property situated in Urban Township in the Abitibi Region of Quebec.

Hole NOT-07-175 was one of 15 holes (221.85 m) drilled in conjunction with crown pillar and hydrogeological studies required by provincial regulations that deal with underground work in the vicinity of water bodies. Following completion of geotechnical studies the core from these holes was returned to Noront for geological evaluation and the mineralized sections were then sampled and submitted. No significant assays were reported in the remaining 14 holes.

NOT-07-175 (9+62 mW, 9+95 mN, azimuth 0 degrees, dip -90 degrees, NQ size) was completed to 16.76 m returning the following significant interval. True width of this interval is unknown at this time.

-------------------------------------------------------------                                 Interval           Gold -------------------------------------------------------------            From       To              (m)      (m)      (m)    (ft)     (g/t)   (oz/T) -------------------------------------------------------------             9.73    10.72     0.99     3.3      3.00     0.09 -------------------------------------------------------------            10.72    11.30     0.58     1.9    115.00     3.35 -------------------------------------------------------------            11.30    12.19     0.89     2.9    430.00    13.11 -------------------------------------------------------------            12.19    12.45     0.26     0.9     23.50     0.69 -------------------------------------------------------------            12.45    12.67     0.22     0.7      1.60     0.05 -------------------------------------------------------------            12.67    12.95     0.28     0.9      9.60     0.28 -------------------------------------------------------------  -------------------------------------------------------------  AVERAGE    9.73    12.95     3.22    10.6    143.30     4.18 -------------------------------------------------------------  

Patrick Chance, the QP, observed finely divided native gold at several locations in the higher grade intervals in amounts and grain sizes that are consistent with analytical data reported by Bourlamaque Assay Laboratory. The intersection confirms the extension of Murgor's F-17 zone towards surface. An exploration drift will enter this zone at about 60 m below surface during 2008.

Noront proposes to complete several short surface holes to confirm and better define the extent of high grade mineralization in the vicinity of NOT-07-175.

The hole was drilled on the portion of the property held under option from Murgor Resources Inc. (TSX VENTURE:MUG) and Freewest Resources Canada Inc. (TSX VENTURE:FWR) (see Noront press release of Feb 5, 2007).

The Company anticipates that Monterie Expert, the Company's underground contractor, will take the first ramp round by the end of the week of 17 March. Monterie Expert is currently installing surface plant and facilities and plans to complete mobilization of heavy equipment in advance of the annual highway load limit season.

Noront expects to complete Phase 1 of the underground programme before the end of 2008. This phase will enter the F-11, F-17 and NOT-06-100 areas up to 100 m below surface.

Hole NOT-07-175 was one of 15 holes (221.85 m) drilled in support of geotechnical and hydrological studies by Forage Abitibi under the supervision of Qualitas Monterval, "Monterval", a geotechnical subcontractor. The core was processed offsite by Monterval and subsequently returned to Noront's custody at which time mineralized intervals were selected for assay by an experienced geological technician employed by Noront. This hole was not drilled according to prescribed Noront protocols, as it was drilled to satisfy provincial regulations, however Patrick Chance, the company's QP on the project is satisfied that the integrity of the data has not been comprised in any way.

Samples are taken from (NQ) diamond drill core which is sawed in half, packaged and delivered to Bourlamaque Assay Laboratory for analysis. The remaining half core is stored in a secure location for future reference and further testing. All samples are assayed using a 30-gram fire assay charge with an atomic absorption finish (for which the upper detection limit is 10 g/t). Samples reporting greater than 2 g/t are re-assayed in duplicate using aliquots of the original pulp and of an additional split of the coarse rejects. The re-assay method also comprises a 30 g charge but employs a gravimetric finish.

Noront designates samples in batches of 20. The assay laboratory reports its internal standards, and blanks and duplicates. The Bourlamaque Assay Lab holds a certificate of laboratory proficiency for the analysis of gold issued under the Proficiency Testing Program for Mineral Analysis Laboratories which is administered by CANMET.

Gold assays are reported to the company in parts per million (ppm) and reported publicly by the company in grams per tonne (1 ppm equals 1 gram per tonne). Conversions to ounces per ton (oz/ton) on the tables above employ a factor of 34.2857 grams per tonne equaling 1 troy ounce per short ton. Lengths are reported in meters and are converted to feet by dividing by 0.3048 m/ft (1 foot equals 0.3048 m).

One of the qualified persons responsible for overseeing and reviewing the technical data on the Windfall Lake project is Patrick Chance P.Eng. The technical information prepared for disclosure in this Noront news release has been approved by Mr. Chance.

The diamond drill program was completed in an orderly fashion as determined by the Company's geological team including Tracy Armstrong, P.Geo., (a qualified geologist in the Province of Quebec) of P & E Mining Consultants Inc. Noront is a tier 2 junior resource company on the TSX Venture Exchange, trading symbol NOT, with 125,377,082 shares issued to date.

Investors are invited to visit Noront's IR Hub at http://www.agoracom.com/IR/Noront where they can post questions and receive answers or review questions and answers already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to NOT@agoracom.com where they can also request to be added to the investor e-mail list to receive all future press releases and updates in real time.

ON BEHALF OF THE BOARD OF DIRECTORS:

R. Nemis, President and Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT:

Noront Resources Ltd. Richard Nemis President and Chief Executive Officer (416) 864-1456 (416) 367-5444 (FAX) Email: info@norontresources.com Website: www.norontresources.com 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.