TORONTO, ONTARIO--(Marketwire - Feb. 19, 2008) - Noront Resources Ltd. ("Noront") (TSX VENTURE:NOT) is pleased to announce the receipt of additional assays on hole NOT-07-20, to NOT-07-25 on its 100%-owned Eagle One occurrence within Noront's Double Eagle Project in the McFauld's Lake Area of northeastern Ontario. "Recently received platinum group element assay results have confirmed that Eagle One is enriched with Platinum group elements including; platinum, palladium, rhodium, osmium, iridium and ruthenium." states Richard Nemis, President and CEO of Noront. The two new drills "Johnny and June" under contract with Orbit Drilling have begun testing various anomalies outside of the Eagle One occurrence. Progress on this exploration work will be provided in a timely manner.

HIGHLIGHTS

- Precious group element test-work confirms presence of rhodium, osmium, ruthenium and iridium in selected samples. Hole NOT-07-05 between 111.5 meters and 115.6 meters down-hole. This 4.1 meter section averaged 3.2% copper, 3.62% nickel, 30.2 g/t platinum, 15.95 g/t palladium, 3.3 g/t gold, 8.1 g/t silver, 0.84 g/t rhodium, 0.15 g/t osmium, 0.21 g/t iridium and 0.42 g/t ruthenium.

- Assays from holes 20 to 26 are highlighted by hole NOT-07-24 where 54.8 meters averaged 1.91% nickel. 1.26% copper, 1.31 grams/tonne platinum, 3.46 grams/tonne palladium, 0.35 grams/tonne gold and 4.2 grams/tonne silver.

- An additional six holes were completed in January and early February to fill in drill pattern on Eagle One, down-hole surveying underway to confirm drill spacing in Eagle One, prior to next round of drilling while down-hole survey crews complete surveying of existing holes.