Noront Statement on Agreement Between Ontario and Matawa First Nations
March 26 2014 - 3:40PM
Marketwired
Noront Statement on Agreement Between Ontario and Matawa First
Nations
TORONTO, ONTARIO--(Marketwired - Mar 26, 2014) - Noront
Resources Ltd. ("Noront" or the "Company") (TSX-VENTURE:NOT) is
pleased to acknowledge the regional framework agreement reached
today between the nine Matawa-member First Nations and the Province
of Ontario.
"We are encouraged that a framework agreement has now been
signed by the Matawa First Nations and the Province of Ontario,"
said Noront President and CEO Alan Coutts. "We've always felt that
having the right conversations is essential for progress in the
Ring of Fire, and we expect that development will now be able move
ahead in a timely fashion."
Noront recently completed a coordinated Federal/Provincial
Environmental Impact Statement and Environmental Assessment Report
("EIS/EA") for its Eagle's Nest Project and submitted a draft copy
for comments to the Canadian Environmental Assessment Agency (CEAA)
and the Ontario Ministry of the Environment (MOE).
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.
www.norontresources.com
FORWARD-LOOKING STATEMENTS
This release contains "forward-looking statements" within
the meaning of applicable Canadian securities legislation,
including predictions, projections and forecasts. Forward-looking
statements include, but are not limited to, statements that address
activities, events or developments that the Company expects or
anticipates will or may occur in the future, including such things
as future business strategy, competitive strengths, goals,
expansion, growth of the Company's businesses, operations, plans
and with respect to exploration results, the timing and success of
exploration activities generally, permitting time lines, government
regulation of exploration and mining operations, environmental
risks, title disputes or claims, limitations on insurance coverage,
timing and possible outcome of any pending litigation and timing
and results of future resource estimates or future economic
studies.
Often, but not always, forward-looking statements can be
identified by the use of words such as "plans", "planning",
"planned", "expects" or "looking forward", "does not expect",
"continues", "scheduled", "estimates", "forecasts", "intends",
"potential", "anticipates", "does not anticipate", or "belief", or
describes a "goal", or variation of such words and phrases or state
that certain actions, events or results "may", "could", "would",
"might" or "will" be taken, occur or be achieved.
Forward-looking statements are based on a number of material
factors and assumptions, including, the result of drilling and
exploration activities, that contracted parties provide goods
and/or services on the agreed timeframes, that equipment necessary
for exploration is available as scheduled and does not incur
unforeseen break downs, that no labour shortages or delays are
incurred, that plant and equipment function as specified, that no
unusual geological or technical problems occur, and that laboratory
and other related services are available and perform as contracted.
Forward-looking statements involve known and unknown risks, future
events, conditions, uncertainties and other factors which may cause
the actual results, performance or achievements to be materially
different from any future results, prediction, projection,
forecast, performance or achievements expressed or implied by the
forward-looking statements. Such factors include, among others, the
interpretation and actual results of current exploration
activities; changes in project parameters as plans continue to be
refined; future prices of gold; possible variations in grade or
recovery rates; failure of equipment or processes to operate as
anticipated; the failure of contracted parties to perform; labour
disputes and other risks of the mining industry; delays in
obtaining governmental approvals or financing or in the completion
of exploration, as well as those factors disclosed in the Company's
publicly filed documents. Although Noront has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that forward-looking statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Noront Resources Ltd.Janice Mandel(647)
300-3853janice.mandel@stringcom.comwww.norontresources.com
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