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Nortec VTEM Survey Identifies Multiple High-Quality VMS Cu-Zn-Au Targets at Sturgeon Lake VMS Project, Ontario, Canada
Vancouver, British Columbia--(Newsfile Corp. - May 31, 2023) - NORTEC MINERALS CORP . (TSXV: NV...
About this update from Nortec Minerals Corp
[{"type":"text","content":"Nortec VTEM Survey Identifies Multiple High-Quality VMS Cu-Zn-Au Targets at Sturgeon Lake VMS Project, Ontario, CanadaVancouver, British Columbia--(Newsfile Corp. - May 31, 2023) - NORTEC MINERALS CORP. (TSXV: NVT) (\"Nortec\" or the \"Company\") is pleased to announce the completion of a Versatile Time Electromagnetic (\"VTEM\") geophysical survey at the Sturgeon Lake VMS Project in Ontario. The 2023 survey has initially identified fourteen (14) high-priority target areas that host coincident magnetic and EM anomalies in a favorable setting for VMS-mineralization. The Sturgeon Lake VMS Property lies immediately north and adjacent to Glencore's past-producing mines and is host to the highly prospective continuation of the volcanogenic massive sulphide (\"VMS\") producing volcanic stratigraphy. Numerous historical drill intercepts on the property host anomalous zinc - copper mineralization and favourable VMS geology, with drill holes H-9 (Ontario Assessment File 52G15NW0086) and C-81-2 (Ontario Assessment File 52G15NW0038) also displaying strong potential for both copper and gold-rich VMS systems in two highly prospective areas, hosting intercepts of 3.1% Cu / 0.3m and 5.3g/t Au / 0.9m respectively. The Sturgeon Lake VMS mining camp is host to Glencore's five past producing zinc - copper - lead - silver - gold base metal mines, having a total combined production of 19.8Mt @ 8.50% Zn, 1.06% Cu, 0.91% Pb and 119.7g/t Ag (Franklin, J. M., 1996. Volcanic-associated massive sulphide base metals in Eckstrand, O. R., Sinclair, W. D., Thorpe, R.I. (eds.), Geol. Survey Canada Geology of Canada 8, 158-183.).The camp is located within the prolific Sturgeon Lake greenstone belt in the Wabioon sub- province of Ontario's Superior province, approximately 270 kilometers northwest of Thunder Bay.\"The VTEM survey at Sturgeon Lake was a huge success with results displaying numerous unexplored to underexplored areas within the VMS belt that host coincident magnetic and electromagnetic anomalies, which are favorable exploration targets for VMS deposits. The results fit within our historical compilation and understanding of the geology within the mining camp, and we are keen to continue to systematically advance the project towards a maiden drill program.\" stated Cameron Bell, Vice President of Exploration.The target areas consist of coincident magn...