Province of Ontario to Fund Ring of Fire Road Proposals Led by Marten Falls, Webequie and Nibiminik First Nations

Noront Resources (“Noront”) (TSX VENTURE: NOT) participated in a joint announcement today by Premier Kathleen Wynne and the Chiefs of Marten Falls, Webequie and Nibiminik First Nations, which formally committed provincial funding to two First Nations road proposals that will provide community and industrial access to the Ring of Fire Mining District.

Road Proposals

The provincial government agreed to support and fund the following road proposals which will connect First Nation communities to the Ring of Fire:

• An east-west road connecting Webequie and Nibinamik First Nations to the provincial highway network north of Pickle Lake (the “East-West Road”). This road will continue from the Community of Webequie to the Ring of Fire.
• A north-south community access road is being planned for construction by the Marten Falls First Nation with an option to expand the road to the Ring of Fire to support the development of chromite mining (the “North – South Road”).

An environmental assessment of both road projects is expected to begin by January 2018, followed by construction in 2019 pending all necessary approvals. This timeframe allows Noront to advance its pre-development work and ready itself for the three-year construction of its Eagle’s Nest nickel, copper, platinum group metal mine.

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