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Nortec Announces Maiden Drill Program at Sturgeon Lake VMS Project

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Nortec Announces Maiden Drill Program at Sturgeon Lake VMS Project

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Nortec Minerals ( (TSE:NVT) ) has issued an update.

Nortec Mineral Corp. is set to commence a maiden diamond drill program at its Sturgeon Lake VMS Project in Ontario, scheduled for February 2025. The drill targets were identified through a combination of electromagnetic surveys and soil sampling, indicating significant potential for copper, zinc, and gold mineralization. This development could enhance Nortec’s position in the mining industry, particularly given the property’s proximity to historical high-grade mines, potentially raising the company’s exploration profile and impacting stakeholders positively.

More about Nortec Minerals

Nortec Mineral Corp. operates in the mining industry, focusing on the exploration and development of mineral resources. Its primary focus is on volcanogenic massive sulphide (VMS) deposits, particularly in the Sturgeon Lake area in Ontario, Canada, which is known for its copper, zinc, and lead resources.

YTD Price Performance: 20.0%

Average Trading Volume: 55,043

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$961.1K

For an in-depth examination of NVT stock, go to TipRanks’ Stock Analysis page.

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