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TORONTO, ONTARIO—November 20, 2013—Noront Resources Ltd. (“Noront”) (TSX Venture: NOT) today reaffirmed plans for development of its Eagle’s Nest nickel-copper-platinum group metals mine in the Northern Ontario Ring of Fire. Although Cliffs Natural Resources announced the suspension of its chromite project, Noront remains on track to deliver its Environmental Assessment (EA) by the end of 2013.
“Noront’s schedule is based on the Eagle’s Nest project being the first mine developed in the Ring of Fire,” said Noront President & CEO Alan Coutts. “Our projections have not been dependent on the development plans of other mining companies. We look forward to participating in the proposed development corporation with the First Nations, and the Provincial and Federal governments to advance infrastructure planning for the region. As we near completion of our EA process, clarity regarding the timing and financing of this infrastructure will become paramount.”
Noront Resources Ltd. is focused on development of the high-grade Eagle’s Nest nickel, copper, platinum and palladium deposit and the high-grade Blackbird chromite deposit, both of which are located in the James Bay Lowlands of Ontario in an emerging metals camp known as the Ring of Fire. www.norontresources.com
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Janice Mandel for Noront Resources