Nortec Minerals Corp.: NI 43-101 Technical Report for LK Project Filed on SEDAR
23 März 2011 - 8:50PM
Marketwired
Nortec Minerals Corp. (TSX VENTURE: NVT)(PINK SHEETS:
NMNZF)(FRANKFURT: WMQ) ("Nortec" or the "Company"), is pleased to
announce that the NI 43-101 Technical Report ("Technical Report")
for the Company's 100% owned Lantinen Koillismaa
palladium-platinum-gold-copper-nickel project ("LK Project") in
north central Finland has been filed on SEDAR.
The Technical Report was prepared by Watts, Griffis and McOuat
("WGM") and contains the first compliant independent Mineral
Resource estimate of the Kaukua and Haukiaho deposits that form
part of the LK Project (see News Release February 22, 2011). WGM
have recommended that Nortec continue exploration to upgrade and
expand the current Mineral Resources on the LK Project.
Nortec has also followed the recommendations in the Technical
Report and increased the tenure of the Haukiaho deposit a further 6
kilometres along strike to the east. The Company has filed for 5
claims for a nominal 500 hectares covering the PGE+Au-Cu-Ni
mineralized Marginal Series.
Mr Turkka Rekola, M.Sc, Project Geologist - Finland and, Mr Ian
F. Laurent MSc.(EconGeol) MAIG RPGeo, President of Nortec, are the
persons responsible for initiating and guiding of the work programs
on the LK Project. Ian F. Laurent is the Qualified Person
responsible for the contents of this press release.
About LK Project
The LK Project is located in north central Finland, 660km north
of the capital Helsinki, 65km south of the Arctic Circle. The
project is well serviced by power, roads and water allowing all
season access. The LK project now has a combined surface area of
over 3,700 hectares covering the PGE+Au-Cu-Ni mineralized Marginal
Series hosted within a sequence of mafic and ultramafic layered
intrusions.
About Nortec Minerals Corp.
Nortec is a mineral exploration and development company based in
Vancouver, British Columbia. The Company has a 100% interest in the
LK Palladium-Platinum-Gold-Copper-Nickel Project in north-central
Finland. Nortec also has a 100% interest in the Tammela Lithium
Project in south-west Finland; an option to earn from Akkerman
Exploration B.V., a 100% interest in the Seinajoki Gold Property
and Kaatiala Beryllium-Rare Earth Property in western Finland, a
minimum 51% interest with an option to earn 100% interest in the TL
Nickel-Copper-Cobalt Property in Northern Labrador, Canada; and, an
option to acquire 51% interest in the Ganarin Gold-Silver Property,
Ecuador.
On behalf of the Board of Directors,
NORTEC MINERALS CORP.
Ian F. Laurent, President
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
different 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.
The TSX Venture Exchange has not reviewed and does not accept
the responsibility for the adequacy or accuracy of this news
release.
Contacts: Nortec Minerals Corp. Ian F. Laurent President +1
604-717-6426 Nortec Minerals Corp. Mr. Mohan Vulimiri Chairman and
CEO +1 604-717-6426 +1 604-683-9649 (FAX)
www.nortecminerals.com
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