Welcome to our dedicated page for Nortec Minerals news (Ticker: NMNZF), a resource for investors and traders seeking the latest updates and insights on Nortec Minerals stock.
NORTEC MINERALS CORP. (TSXV: NVT) is a mineral exploration company with two exploration stage critical mineral (zinc) projects in Ontario, Canada - the Mattagami River Zinc and the Sturgeon Lake VMS properties. The company also holds a 16.4% interest in the Tammela Gold and Tammela Lithium projects in Southwest Finland.
The company recently appointed DW LLP as its auditors, demonstrating their commitment to transparency and accountability. Nortec's focus on systematic exploration and de-risking efforts has led to the identification of high-quality drill-ready targets, including a promising copper-rich VMS prospect at the Sturgeon Lake VMS project.
Nortec Mineral Corp. (TSXV: NVT) has announced the commencement of exploration drilling at its Sturgeon Lake Copper-Zinc-Lead Project in Ontario, Canada in February 2025. The project is strategically located adjacent to Glencore's Mattabi Mine site.
The drilling targets were identified through a combination of ground Electromagnetic (EM) survey conducted in Q4 2024 and a 2023 Versatile Time Domain Electromagnetic (VTEM) survey. Target Area 1 conductors were further validated by soil surveys showing up to 125 ppm copper and 131 ppm gold. Historic drilling in the area has revealed promising results, including 0.3% Cu and 0.9% Zn over 1.5m, and 5.8 g/t gold and 0.6% lead over 0.91 meter.
The company plans a 500-meter maiden drill program scheduled to begin in February 2025, targeting areas with demonstrated potential for copper and gold-rich VMS mineralization.
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