Nortec Minerals initiates NI 43-101 Technical Report and provides update on 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 initiates NI 43-101 Technical Report and provides update on Phase 1
drilling, Tomboko Gold Property, Northeast Guinea, West Africa
Vancouver, BC / TNW – Accesswire / Vancouver, B.C., June 26, 2017 – Nortec Minerals Corp . (TSX-
V: NVT; OTC-PK: NMNZF ) (the “Company” or “Nortec ”) – Nortec initiates Technical Report,
compliant with NI 43 -101 standards, on the Tomboko Permit, Northeastern Guinea, West Africa. The
Company contracted Mr. Simon Meadows Smith, FIMMM, FGS, of SEMS Exploration to complete a
compliant Technical Report. SEMS Exploration is a full-service mineral exploration and mining
consultancy company in West Africa , providing geological, mining engineering and environmental
services; from grassroots reconnai ssance through mineral resource estimations, project management and
mine design to the supervision of feasibility studies. Further information can be referred to on
http://www.sems-exploration.com/
The Company cancelled the drilling contract with Gestion Fredal SARL due to non-performance. The drill
equipment was mobilized to the drill site in the first week of June but the drilling has not commenced to
date. The Company is evaluating drilling proposals from two other drilling companies and will issue a
news release on the commencement of Phase 1 drilling. The program consists of 31 drill holes on the Tom-
1 North, Tom 2 South and Tom-2 targets on the Tomboko Permit (Figures 2, 3 & 4 ). 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). N ortec will also earn an 80% interest in all of TGR’s interests in other
exploration permits located in Guinea . The Company signed an Amendment to the Definitive Agreement
extending the due date for the completion of the Phase 1 exploration program to December 1, 2017.
TGR’s properties consist of the 100% interest in the Tomboko permit, a 100% interest in the Diguifara
Permit and minority interests in the Badamako and the Kouroussa permits. These land holdings cover
prospective ground on three separate mineralised trends. Details on the Tomboko, Diguifara, Badamako
and Kouroussa permits are in the Company’s January 11, February 10 and April 12, 2017 news releases.
The permits are in the northern part of the Birimian Siguiri Basin, a well -known prolific gold producing
area. This part of the Basin already hosts three multi -million ounce gold mines, the Lero (Nord Gold NV),
the SA G (AngloGold -Ashanti) and the Keniéro (SEMAFO) along with several other lesser mines and
projects in advanced stages. Historically, the Niger River lowlands have been the site of extensive mining
of alluvial gold and high -grade quartz lode gold in the sap rolite (rock altered to clay) that gave rise to
several past African Empires. Artisanal mining is still very widespread in the area
The gold mineralization on the Tom -1 and Tom -2 targets is hosted in highly altered, sheared brecciated
sandstone and volcanic rocks of the early Paleoproterozoic age Siguiri Basin. The SAG Mine is also hosted
in the same age rocks. The Tom-3 Prospect is hosted in quartz porphyry intrusive rocks. The mode of
occurrence of the gold mineralization at Tom-3 is similar to the 2.3 million ounce Koulékoun deposit
located 120 kilometres to the south which is owned by Avocet Mining, a company list ed on the London
Stock Exchange.
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 approved the corporate and technical content contained in this
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
press release. All the bedrock and termite moun d samples were analysed by SGS Labs, an accredited
laboratory in Bamako, Mali. A blank was inserted every 20th sample for quality control.
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 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 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 dif ferent from the results, performances or expectations
implied by these forward looking statements. 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 maps. 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
Figure 2: Outcrop Sampling Results - Tom 1 North Target and Termite and Soil Geochemical Anomalies
– 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 3: Outcrop Sampling Results and Termite and Soil Geochemical Anomalies and Drill Locations,
Tom 1 and Tom 2 Targets.
Figure 4: Interpreted A-B cross-section with proposed drill holes – Tom 1 North Target, Tomboko Permit.