Nortec Minerals enters into Option Agreement to acquire 80% interest in Karhujupukka Project, Northern Finland
April 11, 2012
Nortec signs contract for air-borne Time-domain VTEM geophysical survey, Karhujupukka Fe- Ti-V-Ni-Cu-PGE-Au Property, northern Finland
June 13, 2012

Nortec Minerals commences Bedrock and Lithogeochemical Sample Drilling Program, Seinajoki Gold Project, Southwestern Finland

April 18, 2012 10:00 am

Vancouver, B.C., April 18, 2012: Further to the press release dated March 28, 2012, Nortec Minerals Corp. (TSX- V: NVT; FSE: WMQ; OTC-PK: NMNZF) (“Nortec” or the “Company”), announces the start-up of bedrock and lithogeochemical sample drill program to locate higher grade gold mineralization on the Seinajoki gold project.

The Seinäjoki Gold Project is located in southwestern Finland and is made up of over 5,500 hectares of contiguous claims covering three prospect areas, Marttalanniemi prospect (TKM Shear Zone); the Sikakangas-Tulisilma district and the Ylijöki prospect.

Systematic bedrock and lithogeochemical shallow drilling is being carried out across strike and trends of the various lithologic units to locate favourable units under the overburden. Two cross lines 1A and 1B with samples every 50 metres were completed. Every drill hole, depending on the thickness of overburden till consists of two samples, bottom half metre of till and the top half metre of bedrock. The program consisting of several cross lines is expected to be completed by the end of April, 2012. If results warrant, more detailed sampling program will be initiated to define targets for diamond core drilling.

Previous diamond core drilling was only carried out in areas where mineralization is exposed on surface and hosted in the highly resistant feldspar porphyry. Gold mineralization is hosted in sub-parallel ptygmatic and en- echelon quartz veins and stringers. Based on identified structural and lithological controls, alteration and silicification, higher grade gold mineralization over wide widths may be present within the sub-parallel underlying mica schist or mica gneiss units covered by overburden.

Some of the significant 2010 diamond core drilling results are shown below:

  • 87.4 metres @ 0.90 g/t Gold from 0.6 metres (Hole MTL10-007), including 4 metres @ 13.52 g/t Gold from 52 metres
  • 99.0 metres @ 0.50 g/t Gold from 12.0 metres (Hole MTL10-001)
  • 68.5 metres @ 0.58 g/t Gold from 1.5 metres (Hole MTL10-004)

The Seinajoki project area also consists of the Katiaala prospect located 15 kilometres east of the Seinajoki gold prospects. The Paleo-Proterozoic pegmatites in the Kaatiala and Seinajoki area host tin, tantalum, berylium, niobium, tungsten, caesium and lithium mineralization. The Kaatiala reservation covers a quarry which produced 18 tonnes of beryl, 5 tonnes of columbite and 190,000 tonnes of rare mineral calcium feldspar, according to the information obtained from GTK. GTK considers Kaatiala pegmatites to be one of richest in tantalum, niobium and lithium. Beryl is the source for beryllium and columbite is the source for tantalum and niobium.

Mohan R. Vulimiri, M.Sc., P.Geo. Executive Chairman and CEO and Director of Nortec and Mr. Jan H. Akkerman, Managing Director of Akkerman Exploration B.V. are the persons responsible for initiating and guiding the work programs on the Seinajoki Project and Mohan Vulimiri is the Qualified Person responsible for the contents of this press release.

About Nortec Minerals

Nortec is a mineral exploration and development company based in Vancouver, British Columbia. The Company has a 100% interest in the Tammela Gold & Lithium Project in south-west Finland. Nortec has a 100% interest in the LK Palladium-Platinum-Gold-Copper-Nickel Project in north-central Finland; an option to earn from Akkerman Exploration B.V., a 100% interest in the Seinäjoki 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. The Company signed an Option Agreement with Akkerman to earn an 80% interest in the Karhujupukka Iron-Titanium-Vanadium-PGE-Au-Cu-Ni project in Northern Finland. Information on the Company’s projects can be referred to on www.nortecminerals.com

Nortec has at present working capital of $3.3 million dollars in cash and 1,660,408 shares of Finore. Nortec is well-financed for exploring the Seinajoki, Tammela and Karhujupukka projects. All projects have excellent potential with good infrastructure and access.

On behalf of the Board of Directors,
NORTEC MINERALS CORP.
“Mohan R. Vulimiri”

Mohan R. Vulimiri, Executive Chairman & CEO

The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of this news release.

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.