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Nortec Minerals Corp. Reports 24.2 g/t Au from Waste Rock Pile and 4.59 g/t Au over 0.50 m at the North Trench, and Consolidates 100% Mineral Rights at Barker Bay

Drill Results

Nortec Minerals Corp. Reports 24.2 g/t Au from

Waste Rock Pile and 4.59 g/t Au over 0.50 m at

the North Trench, and Consolidates 100%

Mineral Rights at Barker Bay

Toronto, Ontario--(Newsfile Corp. - September 9, 2026) -

NORTEC MINERALS CORP. (TSXV: NVT)

(FSE: WMQ1)

("

Nortec

" or the "

Company

") is pleased to report results from its bedrock trenching and

prospecting program at the Barker Bay Gold Project ("

Barker Bay

" or the "

Project

"), located

approximately 55 kilometers south of Dryden, Ontario.

Grab samples from the waste-rock pile adjacent to the historical Barker Bros Mine shaft returned 24.2

g/t, 11.0 g/t, and 10.7 g/t Au, while channel sampling returned 4.59 g/t Au over 0.50 meters from the

newly excavated North Trench.

The Company has consolidated ownership of the project and now owns 100% of the mineral rights at the

Barker Bay project following reversion of the 'Barker Patent' which the historical Barker Bros Mine. was

located within.

Highlights:

Grab samples from the waste-rock pile adjacent to the Barker Bros. Mine returned high-

grade gold values of 24.2 g/t Au

(H189496)

, 11.0 g/t Au

(H189494)

, and 10.7 g/t Au

(H189493) from hornblende altered schist and deformed quartz-vein material. These results

confirm localized high-grade gold at the historical mine workings.

Channel sampling at the

North Trench

returned

0.5 meters of 4.59 g/t Au

(sample H189457),

within a broader 8.0 meter sample averaging 0.42 g/t Au.

Channel sampling at the

800 Trench

returned

0.5 meters of 1.36 g/t Au

(sample H189469) within

a broader 5.0 meter sample averaging 0.19 g/t Au.

Nortec has acquired the mineral rights to the Barker Patent, following reversion of the former

Mining Patent No. PAT5582 (HW339) to surface-rights only status. Nortec now owns 100% of the

mineral rights to the Barker Bros Mine shaft area within mineral claim 712903, consolidating 100%

mineral tenure across the Project.

A gold-in-soil anomaly had previously been identified along approximately 850 meters of

interpreted structural trend, northwest of the historical Barker Bros Mine. Trenching has exposed

shearing and alteration along the 850 meters of strike. Discrete grab and channel samples

returned anomalous gold values along the trend, spatially associated with existing gold-in-soil

anomalies. The results support follow-up work to refine the structural and mineralization controls,

and to derisk future drill targeting.

Future field work at the Barker Bros Mine trend is planned to include: mechanical trenching and

channel sampling across the shaft areas, additional channel sampling of existing trenches,

prospecting along strike to extend mineralization beyond the current 850 meter footprint, and a

structural study of exposed bedrock to better define orientations and geometry of the shear zones

and mineralized porphyry units.

"The summer exploration program at Barker Bay has moved our targeting sequence from a

predominantly geochemical soil and magnetic anomaly towards a better understood bedrock structural

target. We have exposed widespread shearing and alteration over approximately 850 meters, within

discrete gold-bearing intervals in the trenches, and high-grade gold in waste rock material at the Barker

Bros Mine workings. With the mineral rights at the shaft area consolidated into the Barker Bay project,

our next priority is to define the controls on the high-grade mineralization there, and rank follow-up targets

for drilling based on the findings," commented Ryan Hrkac, CEO of Nortec Minerals Corp.

Geological Context

The Barker Bay project sits within the Eagle-Wabigoon-Manitou greenstone belt of the Western

Wabigoon Subprovince, a gold-endowed Archean volcanic belt in northwestern Ontario.This belt is

increasingly recognized as a significant, emerging gold district. Kenorland Minerals Ltd. (TSXV: KLD),

operating the Western Wabigoon Project under option with a subsidiary of Centerra Gold Inc., is located

approximately 20 kilometers south of Barker Bay, and recently reported results from its maiden drill

program at the W2 target, including a high-grade intercept of 1.05 meters grading 204.34 g/t Au and

broad zones of low-grade gold up to 37.75 meters of 0.30 g/t Au (

September 3, 2026, News Release

).

This highlights an interpreted shear-hosted gold system within mafic-felsic volcanic stratigraphy,

geologically similar to the setting at Barker Bay. Similarly, Dryden Gold Corp. (TSXV: DRY) is advancing

the

Gold Rock Camp

approximately 32 kilometers to the northeast of Barker Bay along the same

regional structure, which highlights gold endowment of structurally controlled systems within the broader

greenstone belt. Nortec believes the structural setting, host lithologies, and alteration assemblages

observed at Barker Bay are consistent with elements of these gold systems.

Gold occurrences at Barker Bay are interpreted to be structurally controlled and associated with steep

shear zones, felsic intrusive units, quartz veining, sulfide-bearing wall rock, and favourable mafic-felsic

lithological contacts. The high-grade results from the Barker Bros. Mine waste rock pile, combined with

anomalous grabs and channel sampling results along 850 meters of strike, are interpreted to reflect a

gold-bearing structural corridor.

Figure 1 - The Barker Bay Project location and select regional gold projects, deposits, and

historical mines within the Western Wabigoon Subprovince. Details of historical production

and resource estimates are provided in the Reference section of this news release.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/4874/313584_cef3ccaab42a6ac8_001full.jpg

Bedrock Trenching Results

Eight (8) slit trenches comprising approximately 700 total meters in length were completed (Figure 2).

The trenching program was informed by the Company's drone magnetic and LiDAR survey (see

News

Release, August 13, 2026

) and was designed to test bedrock beneath coincident gold-in-soil and

magnetic anomalies along the historical Barker Bros. Mine trend.

After washing, reconnaissance mapping, and prospecting, select channel sampling was conducted

across the target lithologies. A total of 120 trench grab samples and 37 channel samples were collected,

with select results presented in Table 1 and 2, and Figure 2).

The most significant gold mineralization was found in the North Trench, 800 Trench, and T-Trench. At the

North Trench, gold mineralization is hosted within a sheared, feldspar-porphyry unit cut by a felsite dyke,

carrying streaks of pyrite and chalcopyrite; the highest-grade interval (

0.5 m @ 4.59 g/t Au

, channel

sample H189457) occurs within this felsite dyke within a wider interval of

8.0 meters grading 0.42 g/t

Au

. At the 800 Trench, the strongest interval (

0.5 m @ 1.36 g/t Au

, channel sample H189469) occurs

within a porphyry with potassic alteration, cut by mm-scale quartz stockwork veining. At the T-Trench,

porphyry-hosted intervals returned up to

0.36 meters grading 0.37 g/t Au

(channel sample B1306243)

and

0.85 meters grading 0.30 g/t Au

(channel sample B1306249) along two channel orientations.

Figure 2 - Barker North trench locations and select channel sampling results, overlain on 2026

drone total field magnetic data. The former Barker Patent, now surface-rights only, is shown in

the southern part of the Figure.

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/4874/313584_cef3ccaab42a6ac8_002full.jpg

Table 1: Composite Bedrock Channel Sampling Results, Barker Bay Gold Project

Trench

From (m)

To (m)

Length (m)

Au (g/t)

Includes

North Trench

0.0

8.0

8.0

0.42

0.5 m @ 4.59 g/t Au (H189457)

800 Trench

0.0

5.0

5.0

0.19

0.5 m @ 1.36 g/t Au (H189469)

T-Trench East (Az. 328°)

0

2.01

2.01

0.02

0.72 m @ 0.04 g/t Au (B1306230)

T-Trench East (Az. 242°)

0.0

2.75

2.75

0.06

0.36 m @ 0.37 g/t Au (B1306243)

T-Trench East (Az. 242°)

0.0

1.81

1.81

0.14

0.85 m @ 0.30 g/t Au (B1306249)

Only samples returning ≥ 0.20 g/t Au were included in the shown composite intervals. Composite intervals are length-weighted averages of

contiguous channel samples; true widths are estimated to approximate sample lengths.

Prospecting Grab Sample Results

In conjunction with bedrock trenching, prospecting was conducted on newly exposed trenches in the

vicinity of the historical Petrie and Barker Bros. Mine shafts.

Grab samples from the Barker Bros Mine waste rock pile comprised a mix of hornblende-altered mafic

schist and highly deformed quartz vein material, representative of the lithologies intersected by the

historical workings. Four samples collected from this material returned gold values of 24.2 g/t Au

(H189494), 11.0 g/t Au (H189493), and 10.7 g/t Au (H189496), and 0.029 g/t Au (H189495), confirming

the presence of high-grade gold These results are consistent with the historical high-grade nature of the

workings and provide important context for drill targeting.

To the north along the Barker Bros. Mine trend, 120 selected grab samples were collected from the

newly excavated trenches. These grab samples returned above 0.20 g/t Au and are summarized in

Table 2 below. Notable results include 0.51 g/t Au (B1306368) from a plagioclase-hornblende schist

perpendicular to the main shear, 0.39 g/t Au (B1306362) from sheared porphyry, and 0.30 g/t Au

(B1306257) from a feldspar porphyry with blue quartz eyes. As grab samples are selective in nature,

results are not necessarily representative of mineralization across the property.

Table 2: Prospecting Grab and Channel Sample Highlights (≥ 0.20 g/t Au), Barker Bay Gold

Project

Sample ID

Location / Area

Au (g/t)

Sample Description

H189496

Barker Bros. Mine shaft (waste pile)

24.2

Hornblende schist with quartz vein material

H189494

Barker Bros. Mine shaft (waste pile)

11.0

Hornblende schist with quartz vein material

H189493

Barker Bros. Mine shaft (waste pile)

10.7

Hornblende schist with quartz vein material

B1306368

Between 800 Trench & North Trench

0.5

Plagioclase-hornblende schist, perpendicular to

shear

B1306362

Between 800 Trench & North Trench

0.39

Sheared porphyry

B1306243

T-Trench East (channel)

0.37

Porphyry

B1306357

Between 800 Trench & North Trench

0.36

Porphyry

B1306257

South of Barker Bros. Mine shaft

0.30

Feldspar porphyry w/ blue quartz eyes

B1306249

T-Trench East (channel)

0.30

Porphyry

B1306351

Between 800 Trench & North Trench

0.29

Feldspar porphyry

B1306369

Between 800 Trench & North Trench

0.25

Feldspar porphyry

Grab samples are selective by nature and may not be representative of average grades across the property.

Trenching exposed shearing and alteration along 850 meters strike of the interpreted Barker North

structural trend. Discrete grab and channel samples returned anomalous gold values along the trend,

spatially associated with existing gold-in-soil anomalies. Direct follow-up work is supported around the

historical Barker Bros Mine shaft, to integrate trench mapping, channel sample assays, soil

geochemistry, and drone magnetics from the summer program with a clearer picture of the structure

controlling high-grade gold at the historical mine workings. This will help refine controls on mineralization

across the broader structural trend, and to rank targets for follow-up trenching and drill testing.

Barker Bros. Mine Shaft, Mineral Title Update

The Barker Bros. Mine shaft, a historical (turn-of-the-century) gold showing on the Project, was

historically covered by the Barker Patent (see Figure 2) (formerly Mining Patent No. PAT5582, legal

description HW339). The Barker Patent reverted to a surface-rights only interest as a result of unpaid

mining taxes owing on the patent.

Effective April 30, 2026, the mineral rights underlying the Barker Bros. Mine shaft area have reverted

and been consolidated within Nortec's mineral claim 712903. As a result, Nortec now holds 100% of the

mineral rights to the Barker Bros. Mine shaft area, an area of historical (1898) high-grade production

running 101.g/t for 29 oz gold production from the first 8 tons milled (approximately 101.1 g/t Au)

(

MDI52F06SE00002

). These historical records have not been independently verified by the Company's

Qualified Person.

References

*Rainy River Gold Mine: M&I 35.08 Mt grading 1.15 g/t Au, containing 1.294 Moz Au, and Inferred 7.66

Mt grading 1.62 g/t Au, containing 398 koz Au. Source: Coeur Mining.,

NI 43-101 Technical Report,

Rainy River Mine, Ontario, Canada

, effective December 31, 2024, prepared by Jason Chiasson, P.Eng.

et al.

*Cameron Lake Deposit: M&I 6.56 Mt grading 2.44 g/t Au, containing 515 koz Au, and Inferred 10.56 Mt

grading 2.18 g/t Au, containing 740 koz Au. Source: Oronova Energy Inc.,

NI 43-101 Technical Report -

Cameron Property, Kenora Mining District, Ontario, Canada

, effective February 26, 2026, prepared by

S. Bob Jankovic, P.Geo., of Snowden Optiro.

*Thundercloud Deposit - Pelham Zone: Inferred 4.14 Mt grading 1.37 g/t Au, containing 182 koz Au.

Source:

NI 43-101 Independent Technical Report, Thundercloud Property, Northwestern Ontario

,

effective September 27, 2021, prepared by Caitlin Jeffs, P.Geo of Fladgate Exploration Consulting

Corp., and David G. Thomas, P.Geo. of MAusIMM, of DKT Geosolutions Inc.

* Big Master Mine historic production MDI52F07NE00002

* Laurentian Mine historic production MDI52F07NE00006

* Straw Beach Mine historic production MDI52F03NW00004

Quality Assurance and Quality Control

All channel and prospecting grab samples were collected by Nortec Employees and contractors and

were submitted to ActLabs in Thunder Bay for 30 g fire assay with Atomic Absorption finish. Grab

samples from the Barker Shaft were submitted to AGAT labs in Thunder Bay for 30 g fire assay with

gravimetric finish. Channel samples were collected continuously across exposed bedrock.

Blanks and certified reference material ("CRM") standards were inserted into the sample stream at a

frequency of approximately 10% of sample total. Blanks returned <0.005 g/t gold. Certified Reference

Material standards (OREAS 291) all returned values within three standard deviations of the certified

value.

Qualified Person

The scientific and technical information in this news release has been reviewed, verified and approved

by Neil Pettigrew, M.Sc., P.Geo., a Qualified Person under National Instrument 43-101, and a non

independent consultant to Nortec.

About Nortec Minerals Corp.

Nortec is a mineral exploration company focused on identifying gold and copper properties with high

discovery potential and advancing those projects to create outsized shareholder value. Property holdings

comprise:

Pearl Gold Project

, located in Nevada, U.S.A., a past producing high-grade gold mine, under

option. Drilling at the Columbia Zone has intersected mineralization, including

2.27 g/t gold over

38.1 m

(Hole YU21-02) and

11.96 g/t gold over 3.05 m

(Hole YU22-11).

Barker Bay Gold Project

, located in northwestern Ontario, Canada, having historical (turn-of-the-

century) mine workings. High-grade gold confirmed at the Barker Bros. Mine shaft waste pile (

up

to 24.2 g/t Au

); anomalous gold along 850 meters of strike; 100% mineral rights consolidated

across the full project area.

100% interests in two exploration-stage critical mineral (zinc) projects: the

Sturgeon Lake VMS

and the

Mattagami River Zinc

properties, both in Ontario, Canada. The Company also holds a

16.4% interest in the

Tammela Gold

project in southwest Finland.

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 Company,

"Ryan Hrkac"

Chief Executive Officer

[email protected]

Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.

No securities regulatory authority has either approved or disapproved of the contents of this news

release. The securities of the Company have not been, nor will they be, registered under the United

States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or

sold in the United States, or to or for the account or benefit of any person in the United States, absent

registration or an applicable exemption from the registration requirements. This press release shall

not constitute an offer to sell or the solicitation of an offer to buy any common shares in the United

States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

Information set forth in this press release may contain forward-looking statements. Forward-looking

statements are statements that relate to future, not past events. In this context, forward-looking

statements often address a company's expected future business and financial performance, and often

contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements

that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar

expressions. By their nature, forward-looking statements involve known and unknown risks,

uncertainties and other factors which may cause our actual results, performance or achievements, or

other future events, to be materially different from any future results, performance or achievements

expressed or implied by such forward-looking statements. Such factors include, among others, risks

associated with project development; the need for additional financing; operational risks associated

with mining and mineral processing; fluctuations in gold, zinc, and other commodity prices; title

matters; environmental liability claims and insurance; reliance on key personnel; the absence of

dividends; competition; dilution; the volatility of our common share price and volume; and tax

consequences to Canadian and U.S. Shareholders. Forward-looking statements are made based on

management's beliefs, estimates and opinions on the date that statements are made and the

Company undertakes no obligation to update forward-looking statements if these beliefs, estimates

and opinions or other circumstances should change. Investors are cautioned against attributing

undue certainty to forward-looking statements.

Mineral resources are not mineral reserves and do not have demonstrated economic viability.

Mineralization hosted on nearby or adjacent properties, including the deposits and occurrences

shown in Figure 1, is not necessarily indicative of mineralization hosted on the Project. Information

regarding nearby properties is derived from public disclosure by the relevant issuers and has not

been verified by the Company's Qualified Person.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/313584