Agoracom

TORONTO, ONTARIO - (June 3, 2008) - Probe Mines Limited ("Probe") has recently made public statements concerning its discussions with Noront Resources Ltd. ("Noront")(TSX VENTURE:NOT) regarding the property known as McFauld's West. Noront confirms that it has had some discussions with Probe regarding the potential disposition by Probe of all of its land holdings in the McFauld's Lake area.

Noront advises, however, that these discussions are at a preliminary stage and there can be no certainty that a transaction between the parties will be successfully concluded.

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements".

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

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.