– Richard Nemis, President and CEO of Noront Resources Ltd. (NOT:TSX-V) and Mackenzie I. Watson, President and CEO of Freewest Resources Canada Inc. (FWR:TSX-V) today announce that their respective companies have agreed to jointly explore a key airborne geophysical anomaly, situated in the Eagle One deposit locale in the McFaulds Lake area. The McFaulds Lake area exploration play is situated in the Sachigo greenstone belt, 300 kilometres north of Nakina in the James Bay Lowlands of northern Ontario.

Under the terms of the agreement (“FWR-NOT JV”), Freewest will contribute 68 acres (27.5 hectares) comprising a small portion of their 100%-owned property. Noront in turn, will contribute 70 acres (28.3 hectares) of their adjoining land to collectively form the joint-venture property (“the Property”). Freewest and Noront shall share exploration costs on a 50%-50% basis and will share any mineralization found on the Property on a similar basis.

Freewest will act as the operator of the initial exploration program which is to be agreed upon by both parties.

The Property covers a prominent bulls eye-shaped magnetic anomaly strikingly similar to the magnetic anomaly intimately associated with the Eagle One deposit, located some seven (7) kilometres to the southwest. The magnetic anomaly on the Property is also coincident with an electromagnetic anomaly (conductor), defined in a recent airborne geophysical survey completed by Aeroquest Intl. Limited, utilizing their AeroTEM II helicopter-borne system. A map showing the location of the Property and the subject airborne geophysical anomaly (Figure 1) comprises part of this news release and is posted on the Freewest website at

www.freewest.com .

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