HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Noront Announces Additional Information Regarding RB Milestone Group Agreement

Noront Announces Additional Information Regarding RB Milestone Group Agreement

TORONTO, ONTARIO--(Marketwire - Dec. 19, 2012) -Noront Resources Ltd. ("Noront" or the "Company") (TSX VENTURE:NOT)is pleased to provide additional details on the terms of its new relationship with New York-based financial communications firm RB Milestone Group, LLC ("RBMG").

On December 19, Noront Resources announced the initiation of a six-month engagement (in effect through June 10,2013) with RBMG to provide:

  • Corporate Access Initiatives, including the arrangement of non-deal investor roadshow and "eRoadshow" webinars, and a featured placement in RBMG's newsletter publication.

  • PR/Media Relations Services, including focused media/press research; targeted pitching of Noront's story and appropriate company news for editorial placement in trade, business and general-interest print and broadcast publications; social media news distribution and publicity; the drafting of press releases, and general public relations/ communications advisory as required.

  • Trade Event Promotion, including an opportunity to present at theHiAlpha® Natural Resource Investment Conferencein New York on April 23, 2013.

  • Equity Research Coverage, including an initial report and semi-annual update, to be provided free of charge.

RBMG will receive compensation under $50,000 as per the terms of the aforementioned services agreement.

About RB Milestone Group

RB Milestone Group, LLC is a New York-based equity research and market intelligence firm offering financial research and communications expertise. It is dedicated to providing its investment and media communities with a detailed look into the global small-cap mining, oil & gas, energy, healthcare and technology industries. In addition, RB Milestone Group offers multi-faceted communication strategies that provide its investment and media outlets with the pivotal insights, access and connectivity needed to excel in today's fast pacedcapital markets. www.rbmilestone.com

About Noront: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.

Visit Noront's website at: http://www.norontresources.com or search the Company's publically filed documents on SEDAR at: http://www.sedar.com.

Wesley (Wes) Hanson
President & Chief Executive Officer

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