CHROMITE EXPLORATION: Noront cuts new zone at McFauld’s Lake

ONTARIO - Toronto-based Noront Resources intersected new chromite mineralization at its McFaulds Lake project in the James Bay Lowlands. Dubbed the Blackstone discovery, drilling cut 21.3 metres that averaged 42.8% Cr₂O₃ with a 2.16:1 chrome-to-iron ratio. The same hole also cut 8.9 metres at 34.9% Cr₂O₃ and 5.4 metres at 43.7% Cr₂O₃.

The discovery was made in the first hole drilled on a regional target half-way between the Eagle's Nest nickel-copper and Blackbird chromite deposits. The Blackstone discovery is open in all directions and the thickness is not known, said Noront. The airborne anomaly that was targeted is not explained by the presence of chromite and further work is planned to evaluate the discovery, it added.

A plan and section of the new Blackstone discovery is available at Noront's website, www.NorontResources.com. See http://norontresources.com/find/id/48/o1 and http://norontresources.com/find/id/47/S7.