Noront Resources Ltd has announced the discovery of a new mineralized zone containing significant concentrations of vanadium, titanium and iron on its wholly owned Double Eagle Project in the James Bay Lowlands of northern Ontario, Canada. The new occurrence called the “Thunderbird Anomaly” constitutes a new type of mineralization in the Ring of Fire. A preliminary metallurgical study is planned to examine possible means to extract iron, vanadium, and titanium from the mineralization.