Noront Provides Corporate Update

Noront Resources Ltd. ("Noront") (TSX VENTURE:NOT) is pleased to report that it
is continuing with its drilling and other exploration activities in the McFaulds
Lake area of northern Ontario in the James Bay Lowlands and has also been
furthering its corporate development objectives. Accordingly, Noront wishes to
present the following report on its corporate activities.


CORPORATE UPDATE

Further to its appointment of JPMorgan Securities Inc. and IBK Capital Corp. as
its financial advisors last year, Noront is continuing to identify companies who
may be interested in becoming a strategic partner with Noront to assist it in
developing its Double Eagle project. Noront is currently in preliminary
discussions with a number of such candidates. There can be no assurance that
such discussions will continue or will result in the successful conclusion of a
transaction involving Noront and any other person.


Noront has also been assigned by WSR Gold Inc. ("WSR"), the option to earn a 35%
interest in the property located in the James Bay lowlands (the "Golden Valley
Property") owned by Golden Valley Mines Ltd. ("Golden Valley"). WSR has entered
into a letter of intent with Golden Valley whereby it has the option to earn a
70% interest in the Golden Valley Property (the "Option"), and Noront can earn
half of WSR's interest in the Golden Valley Property as further described below.


In order to acquire its 35% interests in the Property, Noront will be required
to make payments to Golden Valley totaling $175,000 (or $350,000 in the
aggregate with the payments from WSR), payable in cash and/or by the issuance of
common shares of WSR (and Noront) upon the later of the execution of a
definitive option agreement, or the receipt of approval from the TSX Venture
Exchange. The number of shares, if any, to be issued by Noront (and WSR) as
consideration for the Option will be equal to the dollar amount of the total
consideration that Golden Valley elects to receive in shares divided by the ten
day volume weighted average price of such shares for the ten trading day period
immediately preceding the date on which a press release is issued announcing a
definitive option agreement amongst WSR, Noront and Golden Valley. In addition
to these payments, WSR and Noront will also be required to incur aggregate
exploration expenditures on the Property of at least $5,000,000 over a three
year period (of which $1,000,000 must be expended in the first year).


Upon WSR and Noront earning their collective 70% interest in the Property, WSR,
Noront and Golden Valley shall enter into a joint venture agreement. The Joint
Venture Agreement will require WSR and Noront to fund all project costs up to
the start of commercial production from the Property. Following the commencement
of commercial production, any cash flow after payment of operating expenses and
third party financing costs will be distributed to Noront and WSR until such
time as the aggregate of their project costs, including interest, up to the
commencement of commercial production have been repaid, following which such
cash flow shall be distributed to the parties on a pro rata basis.


The transaction remains subject to the approval of the TSX Venture Exchange and
execution of the definitive option agreement.


In order to continue the development of Noront's assets and strategically
enhance the value of the company to shareholders, the Board of Directors as well
as Management of Noront has, over recent months, shouldered increasing
responsibilities commensurate with the growth of the company. As such, the board
of directors of Noront has been working to identify persons who could add their
talents to the board of directors. In that regard, Noront is pleased to welcome
Mr. Paul Parisotto as an independent member of the Board of Directors.


Mr. Parisotto is currently President and Chief Executive Officer of Arizona Star
Resource Corp., which was acquired by Barrick Gold Corporation for $773 million
and Blacksands Petroleum, Inc., a publicly traded US company focused on the
acquisition, exploration and development of conventional and unconventional oil
in western Canada. Blacksands owns a 75% interest in Access Energy, a private
company of which Mr. Parisotto is also President and Chief Executive officer.


Mr. Parisotto has been President of Coniston Investment Corp. from October 1999
to the present. Coniston is a private firm specializing in providing investment
banking services including the raising of equity and debt and providing mergers
and acquisitions advisory services to small market capitalization companies
which are either private or public. Prior to these current responsibilities, Mr.
Parisotto was Manager, Original Listings at The Toronto Stock Exchange from 1985
to 1994. During his tenure at the TSE he was involved in the listing process for
over 250 companies. He has also been Senior Vice-President, Corporate Finance
for Marleau, Lemire Securities Inc. from January 1995 to January 1998 and was
Vice-President and Director, Investment Banking for HSBC Securities (Canada)
Inc. from March 1998 to June 1999. He was also director of Nevada Pacific Gold
Ltd., a public company acquired by US Gold Inc. in a share exchange take over
bid for over $100 million.


As well, the Board of Directors of Noront has been working to restructure the
management of Noront as follows, to better reflect the duties being performed by
existing management:


Mr. Richard Nemis, LL. B. continues in his role as President and Chief Executive
Officer of Noront, an office he has held since 1980. Mr. Nemis was also
president and CEO of Central Crude Ltd. until its merger to become River Gold
Mines Inc. During the period in which Mr. Nemis was its President, Central Crude
and instrumental in the development of two gold deposits, namely the Eagle River
deposit near Mishibishu Lake (south of Hemlo, Ontario), currently operated by
River Gold Mines Ltd. (changed name to Wesdome Gold Mines Ltd.), and the Moss
Lake gold deposit near Thunder Bay area, Ontario.


Mr. Nemis during his career worked with Noble Harbinson, and was associated with
a number of the Harbinson group of companies, including, Consolidated Durham
Mines Ltd., Dominion Explorers Ltd., and Noble Mines and Oils. Mr. Nemis
currently is a senior member and part owner of the largest structural steel firm
in northern Ontario, Noront Steel, operating since 1946 headquartered in
Sudbury, Ontario. In addition to Noront, Mr. Nemis is also a director of the
following junior resource companies: Tribute Minerals Inc. and Goldeye
Explorations Limited.


Mr. John Harvey, (P.Eng.), formerly Executive Vice President of Noront, has been
appointed Chief Operating Officer of Noront.


Mr. Harvey worked with Noranda Inc. from the early 1960s and was President of
Noranda Exploration from 1982 until his early retirement in 1994. He was also
President of Hemlo Gold Mines from 1989 until 1992. Before Noranda, Mr. Harvey
was VP - Exploration for Mattagami Lake Mines which merged with Noranda in 1982.


Mr. Harvey is actively involved with the McFaulds Lake Base Metal Camp through
his affiliation with Noront Resources Ltd., as well as a board member of the
following Ring of Fire companies; Tribute Minerals Inc., Canadian Ore Bodies
Inc., Freewest Resources Canada Inc. and GoldEye Explorations Ltd.


Mr. Neil D. Novak, (P.Geo.), originally joined the Board of Noront in 2001 and
was appointed VP Exploration in November 2007. In recognition of his
long-standing relationship with Aboriginal peoples throughout his career, Neil
Novak has been appointed Vice-President Corporate and Aboriginal Affairs for
Noront. Mr. Novak's professional experience has spanned exploration projects in
uranium, gold, diamonds and other precious metals, as well as base metals.


Mr. Novak started his career as project geologist for the Canadian operations of
Australian based uranium explorer Pancontinental Mining Ltd. between 1977 and
1983. In 1983 he left Pancontinental and formed a private consulting company,
Nominex Ltd., and as managing director of Nominex, Mr. Novak became involved
with and managed various North American and International exploration
assignments, including base metal and diamond projects in the James Bay Lowlands
of Northern Ontario, in the area now known as the "Ring of Fire". Mr. Novak
helped form (in 1992) and eventually became an active board member and senior
officer of Spider Resources Inc., in 1995 and remained as such through to early
1999. Neil was re-elected to the Board of Spider in September 1999, and was
appointed President and CEO of Spider in June 2005.


In addition to being a board member of Noront and Spider, Mr. Novak is a member
of the board of directors of other public companies including Simberi Mining
Corporation, and Cadillac Ventures Inc.


David Graham, (B.Sc.), joined the board of Noront in December 2006, and has been
appointed Vice-President, Special Projects for Noront. In 1986 Mr. Graham became
President of R. Bruce Graham and Associates Ltd. a mining consulting firm that
has served the mineral industry since 1956.


Mr. Graham has over twenty five years of experience in the industry and has
served as a director and manager of a number of private and public natural
resource and mining concerns. His relevant experience has been in the fields of
base and precious metals, uranium and industrial minerals and materials. Mr.
Graham has worked in Canada, the United States, Scandinavia and Africa.


In addition to the foregoing appointments, Noront is currently in discussions
with certain individuals to add to the management team of the company, and
expects to be in a position to announce additional appointments shortly.


Noront is a tier 2 junior resource company on the TSX Venture Exchange, trading
symbol NOT, with 129,493,883 shares issued to date.


Investors are invited to visit Noront's IR Hub at
http://www.agoracom.com/IR/Noront where they can post questions and receive
answers or review questions and answers already posted by other investors.
Alternatively, investors are able to e-mail all questions and correspondence to
NOT@agoracom.com where they can also request to be added to the investor e-mail
list to receive all future press releases and updates in real time.


ON BEHALF OF THE BOARD OF DIRECTORS:

R. Nemis, President and Chief Executive Officer
Windstorm Resources Inc. (TSXV:WSR)
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