Nortec Announces Drill Program at Sturgeon Lake VMS Project, Ontario, Canada
Nortec Announces Drill Program at Sturgeon
Lake VMS Project, Ontario, Canada
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2025) - Nortec Mineral Corp. (TSXV: NVT)
(the
"Company"
or "
Nortec
") is pleased to announce exploration drilling is to begin in February at the
volcanogenic massive sulphide ("VMS") Sturgeon Lake Copper-Zinc-Lead Project, Ontario, Canada
(Figure 1), located adjacent to Glencore Plc's Mattabi Mine site. Drill targeting has been conducted
using data received from both a ground Electromagnetic ("EM") survey conducted in Q4 2024 and from
a 2023 Versatile Time Domain Electromagnetic ("VTEM") survey.
Highlights
Maiden diamond drill program planned for February 2025.
Target Area 1 conductors (Figure 2) were first identified by the 2023 VTEM survey (see news
release May 31, 2023) and have been further refined by a late-2024 ground-based EM survey.
To provided additional targeting confidence, all conductors were derisked via a soil survey that
returned up to 125 ppm copper and 131 ppm gold (see news release November 21, 2023)
Limited historic drilling in the vicinity of Target Area 1 has returned anomalous gold, copper, zinc
and lead values with up to 0.3% Cu and 0.9% Zn over 1.5m and
5.8 g/t gold
and 0.6% lead
over
0.91 meter
(see Ontario Mineral Deposit Index
MDI52G15NW00020
).
Q4 2024 EM Survey
The Q4 2024 fixed-loop Time Domain Electromagnetic ("TDEM") survey conducted by Crone
Geophysics, has been processed, interpreted and combined with data collected from the 2023 VTEM
survey. This has resulted in generation of several Maxwell EM plates, which were used to refine
conductors in Target Area 1 (Figure 2, 3)
in preparation for diamond drilling.
Q1 2025 Drill Program
Numerous historical drill intercepts on the property host anomalous zinc - copper mineralization and
favourable VMS geology. Historic drill holes also show
strong potential for both copper and gold-rich
VMS mineralization, such as
5.8g/t Au / 0.91 meters
in C-81-2 (Ontario Assessment File
52G15NW0038
) in Target Area 1 and 3.1% Cu / 0.3m in H9 (Ontario Assessment File
52G15NW0060
)
in Target Area 3. Historic hole locations have not been verified in the field and are interpreted from
assessment reports.
Preparations are underway for a 500-meter, maiden drill program by the Company on the Sturgeon Lake
Project.
Drilling is scheduled to begin in February 2025.
About Sturgeon Lake VMS Property
The Sturgeon Lake VMS Property lies immediately north and adjacent to Glencore's past-producing
Mattabi Mines and is host to the highly prospective continuation of the volcanogenic massive sulphide
("VMS") producing volcanic stratigraphy.
The Sturgeon Lake VMS mining camp is host to five high-grade past producing zinc - copper - lead -
silver - gold mines of Glencore Plc, having a total combined production of 19.8Mt @ 8.50% Zn, 1.06%
Cu, 0.91% Pb and 119.7g/t Ag (Franklin, J. M., 1996. Volcanic-associated massive sulphide base
metals in Eckstrand, O. R., Sinclair, W. D., Thorpe, R.I. (eds.), Geol. Survey Canada Geology of Canada
8, 158-183.).
The Sturgeon Lake Mine Camp is located within the prolific Sturgeon Lake greenstone belt in the
Wabigoon sub-province of Ontario's Superior Province, approximately 270 kilometers northwest of
Thunder Bay.
Figure 1
. Sturgeon Lake Project location and geology.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4874/238386_figure1.jpg
Figure 2.
Sturgeon Lake Project, showing Drill Target Areas, 2023 soils, and 2023 airborne Magnetic
survey as background.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4874/238386_figure2.jpg
Figure 3.
Priority Drill Target Areas 1 and 2 showing 2024 EM survey lines (black) with 2024 EM plates
(red), 2023 soils and airborne Mag as background
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4874/238386_figure3.jpg
Management Changes
Cameron Bell's, role as Vice President of Exploration has concluded. The Company would like to thank
Mr. Bell for his valuable time and efforts on behalf of Nortec.
Qualified Person
The technical information in this release has been reviewed and verified by Neil Pettigrew, M.Sc.,
P.Geo., a Qualified Person as defined by National Instrument 43-101.
About Nortec Minerals Corp.
Nortec is a mineral exploration company that holds 100% interests in two exploration stage volcanogenic
massive sulphide ("VMS") critical mineral projects, namely the Mattagami River Zinc and the Sturgeon
Lake VMS properties, both located in Ontario, Canada. The Sturgeon Lake VMS Property lies
immediately north and adjacent to Glencore's past-producing Mattabi Mine.
The Company has granted
an option ("Option Agreement") for an exclusive right to acquire a 51% interest in the Sturgeon Lake
VMS Project.
Additional information can be found on the Company's SEDAR+ profile at
www.sedarplus.ca
and its
website at
www.nortecminerals.com
.
ON BEHALF OF THE BOARD
"Derrick Weyrauch"
Director
For further information contact:
"Derrick Weyrauch"
Email:
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