DRILLING
PROGRAM AT LIZAR, BASE METAL PROPERTY
TO COMMENCE
TORONTO,
ONTARIO August 14, 2007 Noront Resources Ltd.
(“Noront”)(TSX
Venture: NOT) and Freewest Resources Canada Inc.
(Freewest,
symbol FWR:TSX-V) are pleased to announce the
commencement
of the first phase of Diamond drilling on their Lizar
gold
– base metal property (the property) located in
Northwestern
Ontario. Straddling the Kabinakagami greenstone belt
this
504 claim unit property covers an area of 81 square
miles
and is situated in Lizar, Brekenridge, Nameigos and
Mosambik
townships. Thunder Bay lies 500 km to the west and
the
Hemlo
gold mining operations are located 90 km to the west
near
Marathon, Ontario.
Freewest
has contracted with Forage Orbit Garant Drilling
S.E.N.C.
of Val d’Or , Quebec to drill a minimum of
1,500
metres
of NQ sized core in at least six holes. The drill is
currently
mobilizing to the property to commence drilling
within
a week.
Noront
may earn a 60% interest in the Lizar property by
expending
$1,000,000 in work over a three year period. Noront
is
committed
to expending a minimum of $400,000 in the first year.
Freewest
is the operator of the project and upon Noront
earning
its
60% interest; a joint venture will be formed with
Freewest
owning the remaining 40% interest in the
property.
Over the
previous five years, Freewest has discovered numerous
high
grade gold occurrences and outlined a number of base
metal
targets. The aim of this program is to test the gold
and base
metal targets in the central and southwest portions
of
the
property which have never been drilled. In the
northeastern
portion of the property the company is following up a
single
historical drill hole that was reported to have
yielded elevated
nickel and palladium values over a 3 metre interval.
(see
Noront Resources Ltd. news release dated June 5,
2007,
visit
www.norontresources.com ).
Noront
is a tier 2 junior resource company listed on the TSX
Venture
Exchange under the symbol NOT.
Donald
Hoy, P. Geo. (Ontario) is Vice President of
Exploration and
a Director of Freewest Resources Canada Inc. is
responsible
for review of this news release as the qualified
person in
relation to NI 43-101 guidelines.
For further
information, please contact Richard Nemis at
416-864-1456,
or visit the Company’s web site
www.norontresources.com
ON BEHALF
OF THE BOARD OF DIRECTORS
“R. Nemis”
President and Chief Executive Officer
The TSX
Venture Exchange has not reviewed and does not accept
responsibility
for the adequacy or accuracy of this
release.
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