|Location:||Western Finland (5km south-east of Seinäjoki)|
|Area:||10,000 hectares (as claims and claim reservations)|
|Interest:||Option to earn-in 100% from Akkerman Exploration BV|
|Status:||Initial work programs on the claim areas have included verification and evaluation of all geophysical and geochemical data (including diamond drilling) carried out by GTK. Reconnaissance rock chip sampling by Nortec returned 69.8g/t gold and 21.1g/t gold hosted in quartz veins within altered metavolcanic rocks (mica gneiss).|
The Seinäjoki Project is located in western Finland, 5km south of the town of Seinäjoki. Nortec signed a Memorandum of Understanding ("MOU") with Akkerman Exploration B.V. ("Akkerman") for the right to earn an undivided 100% interest in the Property. Akkerman holds 100% legal right to title and interest in twelve (12) claim reservations covering 10,000 hectares duly registered with the Ministry of Employment and Economy in Finland.
The Seinäjoki Project area covers a very large part of a gold district known as the Pohjanmaa Gold-Antimony Belt dominated by metasedimentary rocks of Precambrian age. This belt is known as part of the Bothnian basin and is situated on the northern margin of a Paleo-proterozoic micro-plate. These metasedimentary rocks are intercalated with metavolcanic rocks and have locally been transformed to migmatites, quartz-mica schists and/or intruded by calc-alkaline s-type two-mica granites and pegmatites.
Local prospectors discovered gold and antimony mineralization by locating mineralized boulders assaying as high as 500 grams/tonne ("g/t") gold and another boulder with 70 kilograms of native antimony and stibnite. Preliminary follow-up work by Geological Survey of Finland ("GTK") located several targets, including Kalliosalo, Sikakangas, Tulisilma, Tervasmaki, Marttalaniemi, and Ylijoki. The follow-up work mainly consisted of till-geochemical surveys, trenching and shallow diamond drilling. The shallow diamond drilling mostly concentrated on areas with outcrops and some of the best intersections from drilling returned:
Some of the boulders sampled at Marttalaniemi by a local prospector returned values as high as 117 g/t gold. One of the shallow holes drilled by GTK (28 metres) at Marrtalaniemi returned:
The area hosts several styles of mineralization.
Initial work programs on the claim areas will include a) verification and evaluation of all data concerning previous exploration and quarry mining, b) field work, consisting of geological mapping and prospecting, to define areas for staking of claims and c) identifying targets for detailed re-sampling and diamond drilling to determine grades and resources.
The Precambrian Bothnian Basin metasediments and the associated calc-alkaline s-type plutonic rocks host the well-known Skellefte gold district in Sweden. Over 12.5 million ounces gold were identified in the Skellefte district. The Pohjanmaa Belt appears to be the southeastern extension of Skellefte into Finland as per geological research publications from Sweden, Finland and USA.
The Bothnian Basin also has geological, petrological and mineralogical similarities to the Alaska-Yukon's Tintina gold belt which hosts among others the well-known Fort Knox gold mine, the Pogo gold mine and the recently discovered Golden Saddle zone.
We are very pleased to have entered into an agreement with Akkerman as this large claim area has very good potential for the discovery of significant gold mineralization.