I haven't tried this on a Norton fiberglass tank, but I have done lots of fiberglass restoration on older boats. Same principles apply. In theory, what you are proposing should be possible.
A few considerations:
-You mentioned that there are "some stains ON the gelcoat". Actually, there are "some stains IN the gelcoat". Gelcoat has a fairly high level of porosity, and the older and weathered it is, the more porous it is.
-You will need to sand down INTO the gelcoat layer to remove the staining. I don't know how thick the gelcoat is on the Norton tanks, but the thicker the better for your purposes.
-I doubt you will be able to accomplish what you need starting with 1000 grit. Doesn't hurt to try, but don't be surprised if you are working at the 400 level to begin with.
-The colour of the gelcoat will be faded, so as you sand out the worst part of the stain, you will notice that you get a deeper original colour, but only where you sand. You might get lucky, but you will probably need to do the same processes to the whole surface of the tank to get an even colour.
-Be careful when you are working near corners, as the gelcoat will burn through corners much faster than flats. Gelcoat is quite soft, softer than fiberglass, and softer than paint.
Stephen Hill