Nortec Announces Drill Program at Sturgeon Lake VMS Project, Ontario, Canada

Vancouver, British Columbia--(Newsfile Corp. - January 27, 2025) - Nortec Mineral Corp. (TSXV: NVT) (the "Company" or "Nortec") is pleased to announce exploration drilling is to begin in February at the volcanogenic massive sulphide ("VMS") Sturgeon Lake Copper-Zinc-Lead Project, Ontario, Canada (Figure 1), located adjacent to Glencore Plc's Mattabi Mine site. Drill targeting has been conducted using data received from both a ground Electromagnetic ("EM") survey conducted in Q4 2024 and from a 2023 Versatile Time Domain Electromagnetic ("VTEM") survey.

Highlights

• Maiden diamond drill program planned for February 2025.

• Target Area 1 conductors (Figure 2) were first identified by the 2023 VTEM survey (see news release May 31, 2023) and have been further refined by a late-2024 ground-based EM survey.

• To provided additional targeting confidence, all conductors were derisked via a soil survey that returned up to 125 ppm copper and 131 ppm gold (see news release November 21, 2023)

• Limited historic drilling in the vicinity of Target Area 1 has returned anomalous gold, copper, zinc and lead values with up to 0.3% Cu and 0.9% Zn over 1.5m and 5.8 g/t gold and 0.6% lead over 0.91 meter (see Ontario Mineral Deposit Index MDI52G15NW00020).

Q4 2024 EM Survey

The Q4 2024 fixed-loop Time Domain Electromagnetic ("TDEM") survey conducted by Crone Geophysics, has been processed, interpreted and combined with data collected from the 2023 VTEM survey. This has resulted in generation of several Maxwell EM plates, which were used to refine conductors in Target Area 1 (Figure 2, 3) in preparation for diamond drilling.

Q1 2025 Drill Program

Numerous historical drill intercepts on the property host anomalous zinc - copper mineralization and favourable VMS geology. Historic drill holes also show strong potential for both copper and gold-rich VMS mineralization, such as 5.8g/t Au / 0.91 meters in C-81-2 (Ontario Assessment File 52G15NW0038) in Target Area 1 and 3.1% Cu / 0.3m in H9 (Ontario Assessment File 52G15NW0060) in Target Area 3. Historic hole locations have not been verified in the field and are interpreted from assessment reports.