July 12, 2012 10:00 am

Vancouver, B.C., July 12, 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”), is pleased to announce the results from the bedrock and lithogeochemical program, Seinajoki Gold Project, Southwestern Finland. The program consisted of bedrock and till samples in percussion holes every 50 metres on several cross lines with one bedrock sample and one till sample in each hole. The cross-lines were spread out over an area south along the trend of the Martallanniemi zone and in a new area 3.5 kilometres to the southeast of Tulisilma target and 3 kilometres south- southwest of Martallanniemi zone.

One of the cross-lines in the new area intersected several anomalous bedrock samples, resulting in the discovery of a potential new zone named the Saarikoski Zone.

The bedrock samples on this new zone returned gold values in the range of 11parts per billion (ppb) to 436 ppb. The sampling on this cross line ends with four anomalous values (13 ppb, 11 ppb, 76 ppb, 436 ppb), each 50 metres apart. Another line approximately 600 metres east of this line commences with an anomalous sample analyzing 55 ppb gold, suggesting the area in between the two lines could potentially host a gold mineralized zone. The area between these two lines and both to the south and north will be sampled systematically to determine the trend and potential of this zone. This will be followed up with diamond core drilling depending on the results.

Ground Induced Polarization (IP) geophysical survey carried out by the Geological Survey of Finland (GTK) showed the presence of a strong coincident chargeability anomaly in this area of anomalous gold values. The significance of this anomaly with respect to the gold mineralization is not understood at this time.

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 high grade intersection in Hole MTL10-007 will also be followed up with more drilling along strike and down- dip.

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.

Other News

An application is being filed with the TSX Venture Exchange (“TSXV”) for a one (1) year extension of share pur- chase warrants issued pursuant to the 735,000 unit non-brokered private placement at a price of $0.12 per unit an- nounced on July 26, 2010. Each unit consisted of one share and one share purchase warrant which is exercisable to acquire one share of the Company at an exercise price of $0.20 per share. The private placement was accepted for filing by the TSXV on August 5, 2010.

The one (1) year extension of the warrants is subject to the approval of TSXV.

Upon receipt of the approval from the TSXV, the new expiry date of the warrants will be August 4, 2013.

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 LK project was optioned to Finore Mining Corp. to earn an 80% interest by making payments of $10.5 million and work expenditures totaling $10 million over 3 years, as reported in Nortec’s recent press releases. Finore is carrying out the Phase V work program.

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. Nortec is commencing this month an air-borne time-domain Electro-magnetic geophysical survey on the Karhujupukka project.

Information on the Company’s projects can be referred to on www.nortecminerals.com

Nortec has at present working capital of $2.5 million dollars in cash and 3,227,208 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.