Nortec Minerals announces the appointment of New Director
NORTEC MINERALS CORP .
TSX-V: NVT / FSE: WMQ / OTC-PK: NMNZF
Suite 915, 700 West PenderStreet
Vancouver BC V6E 3X4, Canada
Phone: +1 604-717-6426
TAMMELA MINERALS Oy
c/o Kalliolaw Asianajotoimisto Oy
Eteläranta 12,
FI-00130 Helsinki, Finland
Phone: +358 9 6812 930
Nortec Minerals announces the appointment of New Director
Vancouver, BC / The Newswire / Vancouver, B.C., December 11, 2018 – Nortec Minerals
Corp.(TSX-V: NVT; OTC -PK: NMNZF ) (the “Company” or “Nortec ”), a Canadian public
company listed on the TSX Venture Exchange,
The company is pleased to announce the appointment of Jeffrey Selder, M. Eng. (Mining),
to the Board of Directors of the Company. Jeffrey has over 20 years of relevant industrial
and small-scale mineral production and processing equipment experience in more than 10
countries ranging from the design and manufacture, to their actual use on site for mineral
processing and fluid recover y. He has also professionally consulted for several major
producing mining companie s and numerous governments and national and international
governmental agencies on all continents.
Some of the major companies and organizations he has worked with include Coeur Mining;
AngloGold Ashanti Colombia; Xstrata Copper; Northern Dynasty Minerals; Eldorado Gold;
International Training Centre for Artisanal Miners, UBC, Vancouver; Wardrop Engineering,
Vancouver; Tetra Tech Engineering, Vancouver; United Nations Industrial Development
Organization (UNIDO), Amazon Region, Brazil. He also worked with the Canadian
International Resources and Development Institute (CIRDI) as Senior Program Manager. A
sample of the projects he has managed include:
• Colombia Mining Training Institute
• International Centre for Artisanal Mining (ITCAM) (various)
• Franchise of Artisanal and Small-scale Gold Mining (ASGM) in Ecuador
• Assessment of the Artisanal Gold and Silver Mining Sector in Mexico
• Assess Regional Suitability for Implementation of a Training Center in Cachoeira do
Piriá, Amazon region, Brazil
• Supporting Technical Training for Extractive Industries in Guyana
His experience with expertise in and emphasis on social and environmental factors will
greatly benefit Nortec ’s projects located in community-oriented Guinea and ecologically
and socially sensitive Ecuador. Jeffrey is also experienced in the waste -management field
which will both benefit and greatly appeal to local communities and national governments.
Additionally, he also has experience in successfully developing, executing and managing
engineering studies of all levels, including National Instrument (NI) 43 -101 reporting
standards.
NORTEC MINERALS CORP .
TSX-V: NVT / FSE: WMQ / OTC-PK: NMNZF
Suite 915, 700 West PenderStreet
Vancouver BC V6E 3X4, Canada
Phone: +1 604-717-6426
TAMMELA MINERALS Oy
c/o Kalliolaw Asianajotoimisto Oy
Eteläranta 12,
FI-00130 Helsinki, Finland
Phone: +358 9 6812 930
The Company also announces the issuance of 400,000 incentive stock options to Jeffrey.
Each option has an exercise price of $0.10 and is exercisable at any time prior to December
11, 2021, subject to the terms and conditions of the Company’s Stock Option Plan.
About Nortec Minerals Corp.
Nortec is a Canadian mineral exploration and development company based in Vancouver,
British Columbia with mineral exploration projects in Finland, Guinea – West Africa and
potential acquisitions in Ecuador.
The Tomboko Gold Project is located in the North -eastern area of the Republic of Guinea,
and is located immediately west of the Siguiri Gold Mine operated by AngloGold -Ashanti.
The Tomboko Gold Project is owned 100% by Alamako Corporation International SARL
(ACI). The Golden Rule Mining Inc has entered into an agreement to own 100% of ACI’s
Equity in the Tomboko Gold Project. Nortec earned a 51% interest of Tomboko by
completing Phases 1 and 2 of the Definitive Option Agreement (Agreement) entered with
The Golden Rule Mining Inc. in 2017. Nortec also spent approximately US$ 1 million of the
required US$ 2.5 million to earn the remaining 29%. This will convert to pro -rata interest
as defined in the Agreement.
The permits are in the northern part of the Birimian Siguiri Basin which hosts three close
multi-million ounce gold mines, the Lero (Nord Gold NV), the SAG (AngloGold-Ashanti) and
the Keniéro (SEMAFO) along with several other lesser mines and projects in advanced
stages.
Nortec undertook a first pass Diam ond and RAB drill programs on these three Prospects
commencing in September 2017. At TOM -1 North Target gold mineralization were
intercepted ([email protected]/t (including [email protected]/t) and [email protected]/t) over the NW -striking
sinistral brittle-ductile fracture systems. At TOM-2, RAB drilling over the NE-striking brittle-
ductile dextral strike-slip fault systems intercepted [email protected]/t (including [email protected]/t) and
[email protected]/t. New high grade gold mineralization from follow-up mapping, sampling of
outcrops and termite mound survey s show a possible northern extension of the Tom 1
deposit over 1.5 km.
Sunstone Metals (formerly Avalon Minerals), a public Australian mining company has
earned the 51% interest and is carrying out the 29% Stage 2 earn-in interest on the Tammela
Gold & Lithium Project in South -West Finland. Avalon has completed more than 3,000
meters diamond drilling on the Kietyonmaki lithium prospect and the Satulinmaki and
NORTEC MINERALS CORP .
TSX-V: NVT / FSE: WMQ / OTC-PK: NMNZF
Suite 915, 700 West PenderStreet
Vancouver BC V6E 3X4, Canada
Phone: +1 604-717-6426
TAMMELA MINERALS Oy
c/o Kalliolaw Asianajotoimisto Oy
Eteläranta 12,
FI-00130 Helsinki, Finland
Phone: +358 9 6812 930
Riukka gold prospects that comprise the Tammela Project.
Detailed information on the Company ’s projects have been posted on the Company ’s
website www.nortecminerals.com.
On behalf of the Board of Directors,
NORTEC MINERALS CORP .
“Mohan R. Vulimiri”
Mohan R. Vulimiri, CEO and Chairman
The TSX Venture Exchange has not reviewed and does not accept the responsibility for the
adequacy or accuracy of this news release.
This press release contains certain forward looking statements which involve known and unknown
risks, delays and uncertainties not under the Company’s control which may cause actual results,
performances or achievements of the Company to be materially different from the results,
performances or expectations implied by these forward looking statemen ts. This news release
does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the
United States.