Nortec (NVT) Signs Agreement for $20.5 Million Option of the LK Project, Finland

Nortec Minerals Corp. (TSXV:NVT) reports that it has signed an option and joint venture agreement with Otterburn Ventures Inc. (CSNX:OTB).

The press release is quoted as saying:

The OA gives Otterburn the option to earn up to an 80% interest in Nortec’s Läntinen Koillismaa project, a 100 % owned palladium-platinum–gold–copper-nickel property (“LK Project”), located in north central Finland.

The LK project comprises of the following target areas (exploration claims and exploration claim applications): Kaukua, Haukiaho, Haukiaho East, Lipeävaara, and Murtolampi Targets.

Nortec’s Chairman and CEO, Mr. Mohan Vulimiri says:

“Further to what I mentioned in Nortec’s previous press release, we are very delighted in arriving at this agreement with Otterburn. We are very confident that the work programs supported by funding from Otterburn will lead the LK Project to large PGE-Nickel-Copper resources amenable to open-pit mining.”

Click here to access the entire news release. 

Click here to access Nortec’s company profile.(TSXV:NVT)