Nortec Minerals signs drill contract for Phase 1 drilling, Tomboko Gold Property, Northeast Guinea, West Africa
NORTEC MINERALS CORP .
TSX-V: NVT / FSE: WMQ / OTC-PK: NMNZF
Suite 915, 700 West Pender Street
Vancouver BC V6C 1G8, 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 signs drill contract for Phase 1 drilling, Tomboko Gold Property,
Northeast Guinea, West Africa
Vancouver, BC / TNW – Accesswire / Vancouver, B.C., August 8, 2017 – Nortec Minerals
Corp. (TSX-V: NVT; OTC-PK: NMNZF) (the “Company” or “Nortec”) – Nortec has signed a
diamond drilling contract with Energold Drilling (EMEA) Limited, an international drilling
company based in United Kingdom with extensive experience in West Africa.
Drilling on the Tomboko Permit (figures 1, 2, 3 and 4) is expected to commence in three weeks.
Nortec’s experienced management and technical team are on site to monitor and supervise the
program. All access roads and drill pads have been constructed in preparation. The Company
will issue a news release on the actual commencement of this first p hase drilling program. The
program will consist of 19 to 31 drill holes with total meterage ranging between 1700 to 2500
meters. Systematic drilling will be carried out on the Tom -1 North, Tom 1 South and Tom -2
targets on the Tomboko Permit.
Nortec had planned to drill the Tomboko Project with a reverse circulation (RC) drill but the
program was delayed and with the onset of the rainy season RC drilling was not practical so the
decision was made to use a diamond drill which has superior performance in wet conditions.
Nortec signed a Definitive Agreement to acquire an 80% interest in pro-rata stages in the Tomboko
Gold Property, held by The Golden Rule Limited (TGR). An Amendment to the Definitive
Agreement was signed extending the due dates for completion of the Phase 1, Phase 2 and Phase 3
exploration programs by 6 months to December 31, 2017 , December 31, 2018 and December 31,
2019 respectively.
Nortec will also earn an 80% interest in all of TGR’s interests in other exploration permits located
in Guinea. The properties consist of the 100% interest in the Tomboko permit, a 100% interest in
the Diguifara Permit and minority interests in the Badam ako and the Kouroussa permits. These
land holdings cover prospective ground on three separate prolific mineralized trends. Details on
the geology, geochemical soil, termite and rock sampling surveys on the Tomboko, Diguifara,
Badamako and Kouroussa perm its can be referred to in the Company’s January 11, February 10,
April 12 and June 26, 2017 news releases.
Work carried out by TGR (2009 - 2012) consisting of termite mound and pit sampling (over
10,000 samples) plus detailed geological mapping delineated three target areas for initial drilling:
Tom-1, Tom-2 and Tom-3. Termite mound sampling returned high gold values of 7.1 g/t, 3.5 g/t,
2.7 g/t 2.3 g/t, 2.2 g/t, 1.8 g/t, 1.7 g/t, 1.6 g/t, 1.5 g/t, 1.4 g/t, 1.2 g/t and 1.1 g/t (Figure 3).
Geochemical soil anomalies were delineated over several kilometres on all three ta rget areas
defined by a >100 ppb gold contour. Outcrop grab sampling, consisting of 65 samples, on the
Tom-1 Zone-North prospect returned high grade gold values of 84.6 g/t, 35.8 g/t, 13.9 g/t, 5.8 g/t,
4.7 g/t and 2.5 g/t. The objective of the rock geoc hemical sampling was to test various rock types
that are associated with the NW -trending termite gold anomalies. Over 9779 termite mound
samples and 212 bedrock samples were collected and analysed for gold.
NORTEC MINERALS CORP .
TSX-V: NVT / FSE: WMQ / OTC-PK: NMNZF
Suite 915, 700 West Pender Street
Vancouver BC V6C 1G8, 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
Gold assay results rock, soil, pit and ter mite mound sampling returned values ranging from
detection limit for the respective analyses type up to and including the maximum values listed
above for each sampling type. Note that grab samples may not necessarily be representative of the
rock unit or t he mineralization style being sampled (Figure 2 and Re: news releases dated January
11, February 10, 2017).
Mohan R. Vulimiri, M.Sc., P.Geo, Director of Nortec and CEO of Nortec Minerals, is a Qualified
Person as defined by NI 43 -101. Mr. Vulimiri has app roved the corporate and technical content
contained in this press release. All the bedrock and termite mound samples were analysed by SGS
Labs, an accredited laboratory in Bamako, Mali with a blank inserted in every 20 th sample for
quality control. Mr. Simon Meadows Smith, FIMMM, FGS, of SEMS Exploration has also been
contracted to complete a Technical Report compliant with NI 43 -101 standards on the Tomboko
Permit. The Report is in process.
About Nortec Minerals Corp.
Nortec is a mineral exploration and development company based in Vancouver, British Columbia.
The Company has a 49% interest in the Tammela Gold & Lithium Project in South -West Finland.
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 Project. Avalon has completed more than
3,000 meters diamond drilling on the Kietyonmaki lithium prospect and the Satulinmaki and
Riukka prospects that comprise the Tammela Pr oject. 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 V enture 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 sta tements. 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.
NORTEC MINERALS CORP .
TSX-V: NVT / FSE: WMQ / OTC-PK: NMNZF
Suite 915, 700 West Pender Street
Vancouver BC V6C 1G8, 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
Figure 1: Location Map. Guinea, West Africa
Figure 2: Outcrop Grab Sampling Results - Tom 1 North Target and Termite and Soil Geochemical
Anomalies, Tom 1 North, Tom 1 South and Tom 3 targets – Tomboko Permit. Note that grab samples
may not necessarily be representative of the rock unit or the mineralization style being sampled.
NORTEC MINERALS CORP .
TSX-V: NVT / FSE: WMQ / OTC-PK: NMNZF
Suite 915, 700 West Pender Street
Vancouver BC V6C 1G8, 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
Figure 3: Outcrop Grab Sampling Results and Termite and Soil Geochemical Anomalies and
interpreted A-B cross-section with proposed drill holes – Tom 1 North Target, Tomboko Permit.
NORTEC MINERALS CORP .
TSX-V: NVT / FSE: WMQ / OTC-PK: NMNZF
Suite 915, 700 West Pender Street
Vancouver BC V6C 1G8, 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
Figure 4, Locations of planned drill holes, Tomboko Permit.