07:58 AM EST, 03/03/2020 (MT Newswires) -- Noront Resources (NOT.V) said overnight Monday that the provincial government of Ontario had an agreement with Marten Falls First Nation and Webequie First Nation to advance planning and development of a Northern Road Link. The company said that the Link will provide all-season road access to mine sites in the Ring of Fire. It is also set to connect First Nation communities to Ontario's provincial highway network.

CEO Alan Coutts in a statement said: "We are encouraged that a partnership agreement has been signed by Marten Falls and Webequie First Nations and the province of Ontario. Completion of an all-season road offers benefits to both industry and local communities. It will provide access to the Ring of Fire and enable mineral development. It will also bring much-needed all-season access to these communities and improvements to health and social services, high-speed Internet and cellular service for local communities."

TSXV shares on Monday jumped 6.9% to $0.15 apiece in a 52-week range of $0.12 - 0.31.

Price: 0.1550, Change: +0.0100, Percent Change: +6.90