Nortec’s current project pipeline includes the Tammela gold and lithium project in southwest Finland, The Golden Rule Limited’s Tomboko Gold Property in Guinea, West Africa, and is currently evaluating an number of opportunities in Ecuador, South America.
The Tammela Project is under an option to joint venture agreement with Sunstone Metals of Australia who completed the 80% interest. Sunstone have completed more than 3,000m of diamond drilling on the Kietyonmaki lithium prospect and the Satulinmaki and Riukka prospects that comprise the Tammela Project. The positive results from Avalon’s drilling, together with the historical drilling results of the Finnish Geological Survey, exhibit a large gold system. Sunstone’s drilling also confirmed the presence significant Lithium mineralization with values as high as 24m at 1.44% Li2O.
The Company is earning an 80% interest in The Golden Rule Limited’s (“TGR”) Tomboko Property in Guinea, West Africa. The Tomboko Gold Project consists of an exploration license covering a surface area of 75.45 km2 in the Siguiri Basin, North-eastern Guinea. The Tomboko Gold Project is part of the Siguiri Basin, West Africa that host several multi-million-ounce gold deposits in operation (SAG at Siguiri operated by AngloGold -Ashanti and Lero at Lefa operated by Nordgold), one smaller gold mine at Kéniéro.
Nortec undertook a first pass Diamond and RAB drill programs on these three Prospects in September 2017. At TOM-1 North Target gold mineralization was intercepted (firstname.lastname@example.org/t(including email@example.com/t) and firstname.lastname@example.org/t) over the NW-striking sinistral brittle-ductile fracture systems. At TOM-2, RAB drilling over the NE-striking brittle-ductile dextral strike-slip fault systems intercepted email@example.com/t (including firstname.lastname@example.org/t) and email@example.com/t.
Detailed geological mapping confirmed a strike length of 2.5 km and a true width of 24m at 3.6g/T Au on the main TOM-1 North Target. High gold grade in grab samples from rock outcrops north of the main showing include 34.8g/t, 13.1g/t, 12.8g/t, 8.87g/t, 6.8g/t, 6.2g/t, 4.1g/t, 3.8g/t and 3.8g/t. Termite mound samples range from trace to 3,159 ppb or 3.16g/T Au.