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Nortec Option Agreement for Nevada Gold Property with Drilling Intersecting 2.27 g/t Au over 38.1 meters (including 15.55 g/t Au over 1.53 m plus 6.74 Au over 1.52 m) Receives TSX Venture Exchange Approval
Toronto, Ontario--(Newsfile Corp. - April 9, 2026) - NORTEC MINERALS CORP . (TSXV: NVT) (" Nor...
About this update from Nortec Minerals Corp
[{"type":"text","content":"Nortec Option Agreement for Nevada Gold Property with Drilling Intersecting 2.27 g/t Au over 38.1 meters (including 15.55 g/t Au over 1.53 m plus 6.74 Au over 1.52 m) Receives TSX Venture Exchange ApprovalToronto, Ontario--(Newsfile Corp. - April 9, 2026) - NORTEC MINERALS CORP. (TSXV: NVT) (\"Nortec\" or the \"Company\") is pleased to announce that it has received approval from the TSX Venture Exchange (\"TSXV\") for the purchase option agreement (the \"Agreement\") to acquire 83 Federal Lode mineral claims (1,364 acres), on an Arm's Length basis (the \"Property\" or \"Pearl Gold Project\"), located in the Varyville Mining District of Humboldt County, Nevada, U.S.A. (the \"Transaction\") (see News Release dated February 25, 2026).HIGHLIGHTSPermitted and Drill-Ready Gold Targets: Following an extensive phase of soil sampling, trenching, and preliminary drilling, delineated high-priority gold targets are ready for drill testing. All necessary permits are in place for 16 drill sites, 2,020 feet of trenches and 1,500 feet of diamond drilling.New Discoveries: A 2021 trenching program identified a new zone of mineralization (\"Pearl Zone\") returning 2.34 g/t gold over 17.7 meters, including a higher-grade section of 6.49 g/t gold over 2.0 meters (Trench 21I)Drill Results: Recent exploration at the Columbia Zone has intersected mineralization, including 2.27 g/t gold over 38.1 m (Hole YU21-02) and 11.96 g/t gold over 3.05 m (Hole YU22-11).Other recent and notable drill holes include:15.55 g/t gold over 1.53 meters plus 6.74 g/t gold over 1.52 meters, within 2.27 g/t gold over 38.1 meters (Hole: YU-21-02)13.57 g/t gold over 4.57 meters within 3.03 g/t gold over 25.91 meters (Hole YU22-09)11.96 g/t gold over 3.05 meters within 4.20 g/t gold over 10.67 meter (Hole YU22-11)Widespread Gold Potential: Surface grab samples have returned grades up to 150 g/t gold, with a gold-in-soil anomaly traced for roughly two kilometres along strike (see Table 1).Strategic Location: The Pearl Gold Project is situated approximately 55 km south of Denio in northern Nevada, a premier mining jurisdiction, and is fully road-accessible with power lines on-site.Proven Historical Production: Covers the historical Columbia, Bartlett, and Juanita Mines, which produced high-grade gold from 1870 to 1937, with historical run-of-mine sorted ore assaying over 34 g/t g...