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 [...]
Nortec Minerals is pleased to announce that diamond core drilling commenced on the Southeast extension of Priority 1 - Tom 1 North Target. Previous drilling on the Priority 1 target from the northwest showed gold values increasing and open to the Southeast. The last hole TBD0007 returned 19 metres at 2.64 g/t Gold from 31 metres including 7 metres at 3.57 g/t and 1 metre at 17.1 g/t. The planned drill holes are shown in [...]
Further to Nortec's press releases dated January 8, 2018 and February 5, 2018, the Company announces that it has closed the Private Placement of 8,877,545 units for gross proceeds of $976,529.50. Each Unit will consist of one common share of the Company and one transferable common share purchase warrant to acquire one additional common share for a period of two years at an exercise price of $0.24 per share. The shares are [...]
Further to Nortec's press release dated January 8, 2018 announcing a non-brokered private placement up to 10,000,000 units of the Company at a price of $0.11 per Unit for gross proceeds of up to $1,100,000. The Company announces that it has closed a first tranche of 6,277,545 units for gross proceeds of $690,529.95 . Each Unit will consist of one common share of the Company and one transferable common share purchase [...]
Nortec Minerals is arranging a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.11 per Unit for gross proceeds of up to $1,100,000. Each Unit will consist of one common share of the Company and one transferable common share purchase warrant exercisable to acquire one additional common share for a period of two years at an exercise price of $0.24 per share. The Units will be [...]