Mr. Derrick Weyrauch reports

NORTEC ANNOUNCES VTEM SURVEY COMMENCEMENT AT THE STURGEON LAKE VMS PROJECT, ONTARIO, CANADA

A versatile time-domain electromagnetic (VTEM) geophysical survey at Nortec Minerals Corp.'s Sturgeon Lake VMS (volcanogenic massive sulphide) project in Ontario has started and is expected to conclude later this month.

"An ongoing GIS targeting compilation has identified 11 exploration target areas at the Sturgeon Lake VMS project. The current VTEM survey is the first modern survey to be flown over the property, and will aid in targeting and prioritizing areas for a prospecting, mapping and the soil sampling program scheduled for H1 2023. These are important steps in systematically advancing the property as the combined information will define initial drill targets for the next phase of exploration," stated Derrick Weyrauch, chairman.

Qualified person

The technical information in this release has been reviewed and verified by Brad Lazich, PGeo, a director of the company and the qualified person as defined by National Instrument 43-101.

Other

The company also announces that it has granted 2,425,000 stock options to directors, officers, consultants and advisers, having an exercise price of five cents per share and a term of five years. One-third shall vest immediately and one-third every six months thereafter.

About Nortec Minerals Corp.

Nortec is a mineral exploration company that holds 100-per-cent interests in two exploration-stage critical mineral (zinc) projects, namely the Mattagami River zinc and the Sturgeon Lake VMS properties, both located in Ontario, Canada. Additionally, the company holds a 16.4-per-cent interest in the Tammela gold and Tammela lithium projects in southwest Finland.

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