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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Jun 16, 2010 10:11AM
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Press Release Source: Noront Resources Ltd. On Wednesday June 16, 2010, 10:09 am

Symbol: NOT:TSX-V Shares Outstanding: 175,633,642 Fully Diluted: 187,122,370

TORONTO, June 16 /CNW/ - Noront Resources Ltd. ("Noront" or the "Company") (TSX Venture: NOT - News) is pleased to announce the signing of a Historical Exploration Agreement (the "Exploration Agreement") between the Company and the Webequie First Nation (the "WFN"), a first nations community in the James Bay Lowlands. The Exploration Agreement deals with the Company's exploration activities from December 1, 2009 to the present day, which were conducted on the traditional lands of the WFN.

The Exploration Agreement includes a Memorandum of Understanding ("MOU") which sets out protocols for conducting exploration activities on traditional lands of the WFN and reinforces the Company's intention to enter into a comprehensive Impact Benefit Agreement in the future. Noront will also be working to sign a similar MOU with the Marten Falls First Nation (the "MFFN"). The Company previously signed a similar Historical Exploration Agreement with the MFFN in April 2009 (see news release dated April 16, 2009).

Wes Hanson, President and CEO stated; "We are extremely pleased to have signed this agreement with the Webequie First Nation. Noront is committed to corporate social responsibility. We want to ensure the environment in which we work and the people with whom we work are treated with dignity and respect so that they can contribute to our combined future successes. We look forward to playing an important role in the development of the Ring of Fire through continued cooperation among Noront, local First Nations, various levels of government and industry."

Chief Cornelius Wabasse, Webequie First Nation stated; "This is a welcome agreement for the Webequie First Nation. The membership of Webequie First Nation looks forward to a positive and meaningful working relationship with Noront. We are committed to this mutually beneficial partnership with Noront, who is attempting to be as inclusive as possible as they continue their exploration activities. Our agreement recognizes that activities associated with mineral properties will be best achieved when Aboriginal and Treaty rights are recognized, and the social, environmental, and cultural well being of the First Nations are in balance with a company's objective to conduct further work on their mineral properties."

About Noront: Noront Resources Ltd. is focused on its significant and multiple, high-grade nickel-copper-platinum-palladium, chromite, gold and vanadium discoveries in an area known as the "Ring of Fire", an emerging multi-metals district located in the James Bay Lowlands of Ontario, Canada. Noront is the dominant land holder at the Ring of Fire and continues to delineate and prove up its discoveries with NI 43-101 technical and economic reports and an aggressive and well financed drill plan for 2010. All material information on Noront can be found on the Company's website at or at SEDAR at http://www.sedar.com/http://www.norontresources.com/

	    Wesley (Wes) Hanson
President & Chief Executive Officer

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