Nortec Minerals Corp. announces the signing of a Letter of Agreement with Utah Mineral Resources LLC. a private Utah Company, to acquire a 100% interest in their Cottonwood Vanadium-Uranium Project located in Garfield County, Utah. UMR located at Kaysville, Utah has sole exclusive right, title, interest and ownership of Cottonwood. Terms of Agreement 1.A total cost of US $200,000 consisting and composed solely and [...]
Nortec Minerals Corp. announces receipt of a 30 day extension to the January 3, 2019 non-brokered $750,000 Convertible Debenture Private Placement. The extended final date for acceptance of the Private Placement is March 20, 2019. The debentures mature on January 3, 2020 and bear an interest rate of 12% per annum, payable at the end of the one year term. The debenture holders may at any time convert, all, or any portion [...]
Nortec Minerals Corp. advises the Private Placement announced on November 13, 2018, could not be completed and expired on December 28, 2018. The Company is arranging a non-brokered private placement of convertible debentures in the principal amount of up to $750,000. The Debenture will mature on January 3, 2020 and bear interest at a rate of 12% per annum, payable at the end of the one year term. The debenture holders may [...]
Nortec Minerals Corp.. The company is pleased to announce the appointment of Jeffrey Selder, M. Eng., 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 recovery. He has also [...]
Nortec Minerals Corp. is arranging a non-brokered private placement of up to 15,000,000 shares of the Company at a price of $0.05 per Share for gross proceeds of up to $750,000. The Shares will be distributed to purchasers in accordance with the rules and regulations of the Securities Act and TSX Venture Exchange policies. All Shares issued will be subject to a 4 month hold period from the date of issuance in accordance [...]
Nortec Minerals Corp. announces the completion of the NI 43-101 compliant Technical Report on the Tomboko Permit, Northeastern Guinea, West Africa. Dr. Serigne Dieng, Ph.D., AuSIMM is the author of the Technical Report. Dr. Dieng is a registered professional geoscientist in accordance with NI 43-101 and JORC standards. Dr. Dieng received his Ph.D. in Structural Geology, Exploration Geochemistry and Ore Deposit Genesis [...]
Nortec Minerals Corp. Further to the press releases dated September 20 and August 9, 2018, Nortec announces a new gold discovery from the company's RAB drilling program on the TOM 2 South Target. TOM 2 South is located approximately 4 kilometres southeast of TOM 1 North Target. RAB holes returned highly significant gold values of 39m@0.7g/t from 3m from surface including 9m@1.1g/t from 27m, 18m@0.5g/t from surface [...]
Nortec Minerals Corp. Further to the press release dated August 9, 2018, Nortec announces a new high grade discovery from the company's detailed rock sampling and geochemical termite mound sampling program. Rock samples range from trace to 34.8g/T Au and Termite mound range from trace to 3,159 ppb or 3.16g/T Au. This work also confirms the structural interpretation of the geology at the TOM 1 North Gold target on the [...]
Nortec Minerals Corp. announces that staff have defined a new structural interpretation of the geology at the TOM 1 North gold target on the Tomboko exploration project. The Tomboko Permit is located in North Eastern Guinea. Figure 1: Location Map. Guinea, West Africa Click Image To View Full Size 1.Phase I exploration drilling at TOM 1 North produced significant results with grades of 9 m at 2.74 g/t gold from 32 m [...]
Nortec Minerals announces completion of diamond core drilling and is now running a rotary air blast drilling program, surface and trench sampling on the Tomboko Permit in North Eastern Guinea. These programs are focused on following up the gold discovery at Tom 1 as well as exploration at the Tom 2 and Tom 3 targets. 9 m at 2.74 g/t gold from 32 m, including 3.57 m at 3.91 g/t from 36 m; - 7 m at 3.57 g/t gold from 43 m [...]
Nortec Minerals is pleased to announce that Dr. Serigne Dieng Ph.D., M.Sc., AusIMM, has joined the Company's technical team as Senior Consulting Geologist to provide exploration services in connection with the Company's earn-in joint venture of the Tomboko Project and other holdings in North-eastern Guinea, West Africa. He has over 20 years' experience in geological and structural interpretation, modelling and target [...]
Nortec Minerals announces it will be applying to the TSX Venture Exchange for approval to extend the expiry date of 9,136,000 common share purchase warrants that were issued as part of a non-brokered private placement completed by the Company in April 2015. The Warrants are exercisable for common shares of the Company at a price of $0.10 per common share and presently bear an expiry date of April 28, 2018. The Company is [...]
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