Nortec Minerals Corp. (TSXV:NVT) provided a corporate update on the Company’s activities.
As quoted in the press release:
As per the Company’s recent press releases, the LK palladium-platinum-gold-copper-nickel project, located in North-central Finland was optioned to Finore Mining Corp. to earn an 80% interest by making option payments and work expenditures totalling $20.5 million. Nortec will now concentrate on continuing exploration and, if warranted, developing the Tammela and the Seinajoki projects. Both Tammela and Seinajoki have excellent potential to host large tonnage higher grade gold deposits and pegmatite-hosted Lithium-Tin-Tantalum-Rare Earth zones based on the results obtained to date.