HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: John Harvey

Drilling results in this press release have been approved for dissemination by Noront's senior management including John Harvey, P.Eng., Chief Operating Officer of Noront and Dr. Jim Mungall, P.Geo., Chief Geologist, both being Qualified Persons under Canadian Securities guidelines. The visual mineralization reported herein has been verified in the field by J. Atkinson, P. Geo., Exploration Manager for Noront Resources. Noront is a tier 2 junior resource company on the TSX Venture Exchange, trading symbol NOT, with 129,894,783 shares issued to date.

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