Noront Resources Reports Massive Chromite Assay Results at Blackbird Deposits
Tuesday, July 7th, 2009
Noront Resources Ltd. is pleased to announce assay results from 30 diamond drill holes recently completed on its Blackbird One and Two chromite deposits, located in McFaulds Lake in the James Bay Lowlands. A total of 92 holes (25,477 metres) were drilled at during the most recent drill program and drill operations were completed in June 2009.
Selected Assay Highlights
NOT 09 1G 124 intersected 43.51% Cr2O3 with a chrome to iron ratio of 2.17 over a 15.7 metre interval
NOT 09 1G 135 intersected 39.84% Cr2O3 with a chrome to iron ratio of 2.12 over a 30.6 metre interval
NOT 09 1G 136 intersected 39.64% Cr2O3 with a chrome to iron ratio of 2.06 over a 24.6 metre interval
NOT 09 1G 139 intersected 41.13% Cr2O3 with a chrome to iron ratio of 2.05 over a 19.9 metre interval
NOT 09 1G 142 intersected 40.14% Cr2O3 with a chrome to iron ratio of 2.19 over a 6.1 metre interval
Results have now been received for 62 of the 92 holes completed at the Blackbird chromite deposits. Results from the remaining 30 holes will be released as soon as they are compiled.
As announced in our Press Release dated June 29, 2009 http://www.norontresources.com/News/getDocument/notpr-2009.06.29.pdf/147 . Noront has contracted Micon International to complete an initial resource estimate for the Blackbird One and Blackbird Two deposits. This estimate is expected to be completed in the fourth quarter of 2009.
Wes Hanson, President and CEO notes: “The latest drill results continue to demonstrate chromite grades and chrome to iron ratios that meet current market specifications. More importantly, portions of the Blackbird deposits may be able to meet said specifications without requiring processing. We are looking forward with great anticipation to publishing Canada’s first chromite resource estimate which will be a vital component in procuring international chromite markets.”
For further information visit: www.norontresources.com