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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FOR IMMEDIATE RELEASE: JANUARY 20, 2011

ANNOUNCES FINAL RESULTS FOR 2010 EXPLORATION

The Company’s geologists and advisors believe that AT-12 is part of a feeder system that is geologically similar to the Eagle’s Nest discovery. Previous drilling has intersected significant nickel, copper sulphide mineralization at AT-12. Considering the size and extent of the chromite discoveries to the south of AT-12, the Company believes that the AT-12 feeder system could potentially be much larger than the feeder system at Eagle’s Nest

http://norontresources.com/find/id/55/Qp).

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