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Nortec Minerals Corp.
Summary
| Project: | Tomboko | |
|---|---|---|
| Deposit: | Tom 1 Target | |
| Location: | Guinea | |
| Commodities: | Gold | |
| Date: | 1/3/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-1-2018: Nortec Minerals Corp. announces an Exploration/Drilling Update report for its Tom 1 Target deposit at the Tomboko project. Drilling results incl. 19m @ 2.64g/t Au from 31m. Vancouver, BC / TNW – Accesswire / Vancouver, B.C., January 3, 2018 – No | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mohan R. Vulimiri (Internal) | |
| ABSTRACT: | Vancouver, BC / TNW – Accesswire / Vancouver, B.C., January 3, 2018 – Nortec Minerals Corp. (TSX-V: NVT; OTC-PK: NMNZF) (the “Company” or “Nortec”) – Nortec announces results from seven diamond core holes on the Tom 1 Target, Tomboko Project, Northeastern Guinea, West Africa (Figure 1). Five holes, TBDD003, 004, 005, 006 and 007 were drilled on Priority 1 Target (Figures 3 and 4) and two drill holes TBDD0001 and 002 were drilled on Priority 3 Target (Figure 3). The core drilling program was halted pending receipt of the assays from the seven drill holes. This allowed to both conserve funds and time to interpret the geology and plan the next drilling phase. With the receipt of significant results in the last hole, TBDD0007, the next phase of drilling is expected to commence in late January 2018 to define and delineate the Priority 1 Target to the Southeast. This drilling will consist of less expensive Rotary Air Blast (RAB) and Reverse Circulation Drilling (RC). The drilling will also test the rest of the termite mound anomalies, geochemical soil and termite mound anomalies, as well as artisanal workings on the Tom 1, Tom 2 and Tom 3 targets. This is intended to further assist in defining target areas for carrying out an exploration program in a cost-efficient manner. Mohan Vulimiri, CEO and Chairman comments, “We are very pleased with the receipt of significant results in drill hole TBDD0007. This provides the Company a great opportunity to systematically carry out a drilling program to define and delineate a shallow gold-bearing Priority 1 Zone as well as test all the other geochemical anomalies and artisanal workings.” | |
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