Nortec Ventures Corp.

COMPANY DATA | INTRODUCTION |  PROJECT IN HAND | MANAGEMENT
NEWS UPDATE | CHINESE

COMPANY DATA

INTRODUCTION

Nortec Ventures Corp. is a mineral exploration and development company based in Vancouver, British Columbia. The Company has two Gold-Silver and one PGE (Platinum Group Elements) precious metal properties and two Nickel-Copper-PGE base metal properties and is aggressively searching for new projects. 

PROJECT IN HAND

Precious Metals

(1) Ganarin Gold & Silver Property, Ecuador

Ganarin is a low sulphidation epithermal gold-silver deposit located in southern Ecuador 65 km southwest of Cuenca. The Ganarin property is subject to option and joint venture agreements with Doubloon Exploration Corp. whereby, Nortec has the option to acquire 51% interest in the Ganarin property. Ganarin property is situated in the prolific Ganarin Mineral Belt, near IMAGOLD Corporation's 3.4 million ounce Quimsacocha gold property and Channel Resources' El Mozo gold property.

Trenching with systematic channel sampling has been carried out. Four areas of interest were identified on the project: Chamana zone, Rio Minas zone, Chuscuyacu zone and Loma La Cruz zone.

The initial results suggest that the Ganarin property could potentially host several mineralized gold-silver shoots with bonanza grades. The Company is planning an extensive drill program.

An initial (Phase 1) diamond drill core program of 1,614 metres testing the Chamana breccia zone, Rio Minas and Loma La Cruz zones was completed on November 29, 2006.

(2) Condorcocha Gold & Silver Property, Ecuador

In April 2005, Nortec entered into an option agreement with Doubloon Exploration Corp. to acquire a 70% interest in the Condorcocha project located in Azuay Province, Ecuador. The Condorcocha Project, consisting of six properties, is situated in the prolific Ganarin Mineral Belt near IMAGOLD Corporation's Quimsacocha gold property and Channel Resources' El Mozo gold property.

The Company has initiated work programs consisting of geochemical soil sampling. Geological mapping on a scale of 1:1000 is also being carried out. These surveys will assist in the delineation of potential drill targets and interpretation of structural controls of precious metal mineralization on the project.

(3) Kaukua Platinum-Palladium-Gold Property, Finland

Nortec signed a Memorandum of Understanding on July 26, 2007, with Akkerman Exploration B.V. to earn an undivided 70% interest in the Kaukua Platinum-Palladium-Gold Property. The Kaukua Platinum-Palladium-Gold Property is located approximately 20 km north of the Company's Koillismaa-Naranka Nickel-Copper-PGE project, northeastern Finland, near North American Palladium's Portimo Project.

Geological Survey of Finland carried out detailed field work in 1999 and 2004. The sulphide mineralization in Kaukua is particularly rich in platinum group metals and gold. Nortec has just completed a 7 hole drill program on the Kaukua Property.

The first year exploration program will consist of:

• Compilation and interpretation of all geological, geophysical and drilling data

• Geological mapping, geophysical (induced polarization) surveys, trenching, and

• 1,000 metres of core drilling.

Base Metals

(1) TL Nickel-Copper-Cobalt Property, Labrador

The TL property is a nickel-copper-cobalt discovery located 70 km west of the coastal town of Nain in the Tasisuak Lake area of northern Labrador, Canada. CVRD's (formerly INCO) large nickel-copper-cobalt mine at Voisey's Bay is located about 50 km to the southeast. The property consists of 100 contiguous claims, contained in two Exploration Licenses, covering 2,500 hectares. In March 2003 Nortec optioned the TL property from Vulcan Minerals of Saint John's, Newfoundland. Nortec can earn up to a 100% interest in the TL property, at its option, may earn a 51% interest by incurring exploration expenditures of $1.5 million by March 17, 2009.

Very significant results were obtained from a 2005 drill hole. In April 10, 2007, Nortec announced that there would be future plans for a helicopter-borne TDEM survey of the TL property, based upon equipment availability.

(2) Koillismaa-Naranka Nickel-Copper-PGE Property, Finland

The Koillismaa-Naranka Nickel-Copper-PGE project is located in northeastern Finland, some 50 km south of the city of Kuusamo. In June 2006 Nortec signed a joint venture option agreement with Akkerman Exploration B.V. of the Netherlands whereby Nortec has the right to earn up to 70% undivided interest in the Koillismaa-Naranka project.

The Paleoproterozoic Koillismaa-Naranka complex constitutes one of the largest mafic igneous systems in Scandinavia. Akkerman Exploration B.V. controls a series of claim reservations and exploration licenses totaling 65.5 sq.km.

Three priority areas, Naranka, Pyhitis and Musta, have been identified on the Koillismaa-Naranka mafic complex by structural geology studies, geochemical and geophysical surveys.

The systematic airborne, deep penetrating VTEM (time-domain electromagnetic system) survey over the landholdings controlled by Akkerman Exploration B.V. was completed. A minimum 2,500 to 3,000 metre drill program has commenced on May 30, 2007 on the Koillismaa-Naranka Nickel-Copper-PGE project.

MANAGEMENT

Nortec Ventures Corp. has a well management team with experience in different areas.

Management and Directors

Mohan R. Vulimiri, M.Sc., P.Geo., President, CEO & Director
Mr. Vulimiri has many years public company experience, having been involved in the management of numerous junior and established companies. A graduate geologist with a Master of Science degree in Economic Geology, he has over 30 years experience in the exploration and delineation of ore deposits with emphasis on structural controls and modes of occurrences of mineral zones.

Ernest S. Peters, Director
With over 35 years of experience in the mining industry, Mr. Peters has worked in exploration, development and production in Canada, the U.S., Brazil, Mexico and Australia.

Peter F. Tegart, P.Geo., Director
Mr. Tegart is an accomplished professional geologist with extensive experience in exploration and mining of all kinds of mineral deposits. He has a successful career in the delineation of these deposits. He was responsible for the acquisition of Manhattan Minerals Corporation's world-class Tambo Grande Project, located in northern Peru. Prior to this he was Vice-President of Exploration, Cheni Gold Mines and Western Manager, Serem Ltd.

Etienne Walter, Chairman of the Board, Independent Director
Mr. Walter is the Honorary Consul General of the Republic of Ecuador with jurisdiction over the Provinces of Alberta and British Columbia, the Northwest Territories and the Yukon Territory. He earned his diploma in Hotel Management and Financial Administration from the Ecole Hoteliere de la Societe Suisse des Hoteliers in Lausanne, Switzerland in November 1972 and he has worked for some of the world's leading hotels. Since coming to Canada in 1975, Mr. Walter worked for public and private corporations until he formed his own company, Andes Trade and Investment Ltd.

Grant F. Crooker, P.Geo., Independent Director
Mr. Crooker is an independent mining consultant and principal of GFC Consultants Inc. based in Keremeos, B.C. He received his Bachelor of Science degree from the University of British Columbia in 1972 and has been a member of the Association of Professional Engineers and Geoscientists of British Columbia since 1992. He has over 30 years experience in mineral exploration having worked in British Columbia, Yukon Territory, Northwest Territories, Arizona, Nevada, Washington, Mexico, Argentina and Ecuador. He has been a member of Nortec's Board of Directors since February 2000.

Richard (Dick) L. Richards, CA, Independent Director
Mr. Richards is a Chartered Accountant and businessman based in Vancouver, B.C. Mr. Richards has had a long career in the real estate industry, most recently with Colliers Macauley Nicolls Inc. He received his Bachelor of Commerce degree from the University of British Columbia in 1960 and has been a member of the BC Institute of Chartered Accountants since 1964. Mr. Richards joined Nortec's Board of Directors in December 2003. He has previously served on the board of several Canadian publicly listed companies.

Adam Kniec, CA, CPA, Chief Financial Officer
Mr. Kniec is a Canadian Chartered Accountant and a US Certified Public Accountant (Illinois), with over 10 years of accounting and financial reporting experience with Canadian and U.S. publicly trading companies. He was a manager with Staley Okada & Partners Chartered Accountants and a senior manager with PricewaterhouseCoopers Chartered Accountants until August 2007. Currently he is providing accounting, CFO and related financial reporting services to public and going public entities. He commenced providing consulting services to Frontier Pacific Mining Corporation (TSX-V:FRP) and Nortec Ventures Corp. in September 2007, and he became a CFO of these two companies in October 2007.

Giovanna Martino, Corporate Secretary
Ms. Martino joined Nortec Ventures Corp. in April 2006 and was appointed Corporate Secretary in October 2007. She has held the position of Corporate Secretary for Frontier Pacific Mining since August 2006. Ms. Martino received her paralegal training at B.C. Institute of Technology in Burnaby, B.C. and Douglas College in New Westminster, B.C. She has 15 years experience as a legal secretary.

NEWS UPDATE

On December 4, 2007, Nortec Ventures Corp. announced that core hole Kau07-04 returned high palladium, platinum and gold values: 20 m of 0.17 g/t Au, 1.39 g/t Pd and 0.50 g/t Pt at Kaukua property in Finland.

On November 26, 2007, Nortec Ventures Corp. announced that geochemical analyses of the first three diamond drill holes (Kau07-01, Kau07-02, Kau07-03) returned significant platinum, palladium, gold values over significant lengths on the Kaukua platinum-palladium-gold property located in northeastern Finland. A total of 1,024.70 metres of core drilling consisting of 7 holes (Kau07-01 to Kau07-07) were drilled. A second phase of core drilling is being planned at the present time. For detail assay results, please visit the Company's websit at www.nortecventures.com.

On November 14, 2007, Nortec Ventures Corp. announced the completion of diamond core drilling on the Kaukua platinum-palladium-gold property located in northeastern Finland. A total of 1,024.70 metres of core drilling consisting of 7 holes (Kau07-01 to Kau07-07) were drilled. A second phase of core drilling is being planned at the present time.

Drilling was also completed on the Koillismaa-Naranka project. In the Koillismaa area, 3 deep holes were drilled for a total of 1,570.75 metres and 2 holes in Naranka for a total of 801.25 metres.

Nortec also announced that its management has appointed Victor H. Bradley to the Company's board of directors. Mr. Bradley is the chairman and founder of Yamana Gold Inc. He is also the chairman and founder of Aura Minerals Inc. and founder of Nevoro Inc.

On October 2, 2007, Nortec Ventures Corp. announced that diamond drilling commenced and the first drill hole was completed on the Kaukua platinum-palladium-gold project located in northeastern Finland. Nortec signed a Memorandum of Understanding on July 26, 2007, with Akkerman Exploration B.V. to earn an undivided 70% interest in the Kaukua Property.

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