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Nortec expands Mineral Rights Holdings of the Seinajoki Gold Project, Finland

(via Thenewswire.ca) Vancouver, British Columbia - October 28, 2013 . Nortec Minerals...

articleNortec Minerals CorpOctober 28, 20135/company/nortec-minerals-corp/news/nortec-expands-mineral-rights-holdings-of-the-seinajoki-gold-project-finland
Nortec expands Mineral Rights Holdings of the Seinajoki Gold Project, Finland

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[{"type":"text","content":"Nortec expands Mineral Rights Holdings of the Seinajoki Gold Project, Finland(via Thenewswire.ca)\n\n \nVancouver, British Columbia - October 28, 2013. Nortec Minerals Corp. (\"Nortec\" or the \"Company\") (TSX-V: NVT) is pleased to announce that it has gained access to the prospective Sikakangas gold target which has been the focus of exploration by the Geological Survey of Finland (\"GTK\") for many years. \n\n\n \nIt is the area with the highest grade and most consistent gold structures discovered to date in the Seinajoki region. Example of drill intersections by the GTK are:\n\n\n \n-21 metres @ 1.25 g/t Au from 4.1 metres, including 3 metres @ 7.17 g/t Au from 17.1 metres (Hole R523)\n\n\n \n-5 metres @ 16.72 g/t Au from 3 metres (Hole R476).\n\n\n \nFollowing recent withdrawal by the GTK, the area has been claimed by Akkerman Finland Oy, a 100% subsidiary company of Akkerman Exploration B.V. \n\n\n \nNortec and Akkerman Exploration have agreed to modify their existing Option Agreement, with the inclusion of the new Sikakangas claim (under application) in the existing portfolio of claims and the extension of the third anniversary option payment, which is now due on September the 17th 2014.\n\n\n \nInitial work planned on the Sikakangas gold zone, involves resampling and assaying of the unsampled parts of the previous GTK holes, in preparation for the selection of follow-up drill targets aimed at down dip extension of the mineralized structures.\n\n\n \nA short program of 5 diamond drillholes holes earlier this year on geochemical anomalies in the Saarikoski and Marttalanniemi Zones has not resulted in significant gold intersections, the best being 0.6g/t over an 8 meter interval. Consequently the next phase of exploration will be focused on the new Sikakangas Zone.\n\n\n \nAbout Nortec Minerals Corp.\n\n \n \nNortec is a mineral exploration and development company based in Vancouver, British Columbia. Nortec is the majority shareholder of Finore Mining Inc. controlling 55% of the issued and outstanding shares. The Company has a 100% interest in the Tammela Gold & Lithium Project in Southwest 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. The Company recently sold its 51% interest, subject to net smel...

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