Nortec Minerals is arranging a non-brokered private placement of up to 7,500,000 common shares of the Company at a price of $0.075 per common share for gross proceeds of up to $562,500. 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 (four) month hold period from the date of issuance [...]
Nortec has signed a diamond drilling contract with Energold Drilling, 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 [...]
Nortec Minerals 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 [...]
Nortec Minerals is pleased to announce that the Company's Joint Venture earn-in partner, Avalon Minerals of Milton, completed an extensive Induced Polarisation Survey as part of the Stage 2 exploration program on the Satulinmaki Gold Prospect, Tammela Project, Southern Finland. Avalon has completed Stage 1 and holds a 51% interest in the Project. Avalon and Nortec will form an 80:20 Joint Venture partnership on completion [...]
Nortec commences work program in preparation for Phase 1 drilling on the Tom-1 and Tom-2 targets, Tomboko Permit, Northeast Guinea, West Africa. Nortec entered into a Letter of Intent to acquire an 80% interest in pro-rata stages in the Tomboko Gold Property, held by The Golden Rule Limited. Nortec will also earn an 80% interest in all of TGR's interests in other exploration permits located in Guinea. TGR's properties [...]
Nortec Minerals is pleased to announce that the Company's Joint Venture earn-in partner, Avalon Minerals of Milton, QLD, Australia, is proceeding with the one million Euro Stage 2 exploration program to earn an additional 29% interest in the Satulinmaki and Riukka gold prospects and the Kietyonmaki lithium prospect, collectively known as the Tammela Project, Southern Finland. Avalon is making a cash payment of EUR200,000 [...]
Nortec Minerals is pleased to announce the appointment of Michael Collins, B.Sc. (Honours), P. Geo., to the Board of Directors of the Company. Michael brings all facets of mining industry expertise to the Company in various minerals and from early stage field work through to funding and financing the development of projects through to build out. The projects are located in all kinds of political environments in North and [...]
Nortec Minerals is pleased to provide an update from the Company's Joint Venture earn-in partner Avalon Minerals of Milton, QLD, Australia. Avalon provided a summary of exploration activities and an expenditure report on the Tammela Project, Southern Finland. The Tammela Project hosts the Satulinmaki and Riukka gold prospects and the Kietyonmaki lithium prospect, (Figure 1). The results from Avalon's drilling, together [...]
The Golden Rule Limited the Diguifara Permit, as part of the 80% Joint Venture Earn-in Agreement with Nortec announced January 11, 2017. The Diguifara permit is located approximately 10 km north of AngloGold Ashanti's SAG multi-million ounce open-pit gold mine. Nortec entered into a Letter of Intent to acquire an 80% interest in the Tomboko Gold Property located in Guinea, West Africa held by TGR. Nortec will also earn an [...]
Nortec Minerals a Canadian public company listed on the TSX Venture Exchange announces the appointment of Michael Malana as Chief Financial Officer. Mr. Malana, CPA, CMA has extensive experience in administration, accounting and reporting for several public companies. He is currently the CFO of Patriot One Technologies Inc. (TSXV:PAT) where he was instrumental in completing a recent reverse takeover. As CFO and Corporate [...]
Nortec Minerals is pleased to announce that it has signed a Letter of Intent to acquire an 80% interest in Tomboko Gold Property located in Guinea, West Africa held by The Golden Rule Ltd a private Hong Kong incorporated company. Nortec will also earn an 80% interest in TGR's minority financial interests in other exploration licenses located in Guinea. The TGR's holdings consist of 100% interest in the Tomboko permit and [...]
Nortec is pleased to announce that it has completed the non-brokered private placement of 15,960,000 units at a price of $0.05 per Unit. The original $500,000 - 10,000,000 unit private placement announced on November 18, 2016 was over-subscribed by $298,000 - 5,960,000 units. Each Unit consists of one common share and one common share purchase warrant (the "Warrants"). Each Warrant will entitle the holder to purchase one [...]