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NOT-V:TSX $0.49

Noront Resources Ltd.

Eagle Two

In January 2008, Noront began drilling numerous airborne targets identified on their claims near the Eagle's Nest discovery. In February 2008, drilling at the AT-2 anomaly, later named Eagle Two, approximately two kilometres southwest of Eagle's Nest, intersected low grade magmatic massive sulphide mineralization.

Drilling to date at Eagle Two totals 26 holes for a total of 9,026 metres of drilling. Eagle Two has not, to date, demonstrated the same grade potential as Eagle's Nest. Grades and Eagle Two range from 0.3 to 0.7% nickel and 0.2% Cu over several metres to tens of metres in down hole depth. Platinum and palladium grades are generally lower than what is typical at Eagle's Nest.

Eagle Two remains a valid exploration target and Noront also intends to complete a preliminary resource estimate on Eagle Two in the near future.

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