Nortec Ventures Announces Results From Phase IV Of Kaukua Drilling Program

Nortec Ventures has announced the latest results from the drilling of its 70%-owned Kaukua project in Finland, from hole Kua-09-039. A 52 metre interval, starting at 123.0 m, got results of 1.06 g/t Platinum Group Elements plus gold. The drill core samples also contained 0.15% copper and 0.11% nickel. The results from this hole are consistent with earlier drill results fleshing out a mineralized zone about 25 metres thick. Phase IV drilling, comprising 2000 m total, is continuing. The news release has the results spelled out, as well as previous relevant results.

Although the news was released before the market opened, it has had no discernable effect on the thinly-traded stock. More than two hours into the trading day, Nortec has not traded at all. As of 11:40 AM ET, the bid price is the same as Friday's close price - 8.5 cents - and the ask is at 10 cents.

Nortec Ventures' Google Finance page is here.

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