Communicators

Nortec announces 70% Interest Earn-in, Kaukua Platinum – Palladium – Gold (PGE + Au) – Nickel – Copper Property, Northeastern Finland

Vancouver, B.C., September 4, 2008: Nortec Ventures Corp. (TSX-V:NVT), ("Nortec" or the "Company"), is pleased to announce completion of 70% interest earn-in in the Kaukua Platinum – Palladium – Gold (PGE + Au) – Nickel – Copper Property, Northeastern Finland from Akkerman Exploration B.V. (“AEbv”), a private company based in the Netherlands. Nortec incurred exploration expenditures of € 700,000 to date on the Kaukua property. Nortec has an option to earn another 10% interest by spending € 2,500,000 in exploration expenditures or completing a feasibility study, whichever is completed earlier. Nortec intends to exercise its option to increase its interest to 80%.

The Phase III drilling program is on-going with 14 holes completed (holes Kau08-015 to 29) totalling 3,100 metres (“m”). Most of the holes were drilled to the south of the area of Phase I and II drilling. The Phase III holes are designed to trace and establish the mineralization down dip and along strike. The attached figures show the location of holes drilled to date and two type sections through the mineralized zone. The Phase III drilling will also evaluate the geophysical chargeability anomalies identified in the Three Dimension Induced Polarization (“3D-IP”) survey, recently completed by SJ-Geophysics

Results will be released as they are received. The analyses are performed by Labtium Oy, a Finnish Government owned company based in Espoo and Rovaniemi, Finland. The analyses are taking longer than anticipated as the laboratory has been operating on a part-time basis over the summer holidays.

The drilling contract signed with Nivalan Drilling has been extended with a minimum additional 5000m, to be completed over the next few months. The next set of drill holes is being planned and will be aimed at possible extensions of the mineralization in southern and southwestern direction, coincident with an area of high chargeability as defined by the 3D-IP survey.

The Phase I and Phase II programs consisted of 14 holes totaling 2,188m ranging in depth from 100 to 200m covering an area 600m by 250m. 13 of the 14 holes returned significant mineralization with an average width of 30m. The Phase III drilling program is designed to extend the mineralization area by approximately 200m on strike and 200m down-dip for a total area of about 800m by 450m.

Detailed drilling and IP results to date and information on the Kaukua Property can be referred to on the Company’s website www.nortecventures.com and the previous press releases.

Other News:

Nortec announces the appointment of Ian Laurent, M.Econ.Geol. MAIG RPGeo., as Vice President of Exploration. Mr. Laurent has sixteen years of experience in mineral exploration and resource development on four continents.

From March 2007, to July 2008 Mr. Laurent acted as Vice President, Frontier Pacific Mining Corporation, a Vancouver based Exploration Company recently taken over by Eldorado Gold. Mr Laurent guided exploration and carried out internal resource estimations on Frontier Pacific's projects in Greece, Peru and Colombia. From 2002 to March 2007 Mr. Laurent was part of Bolnisi Gold's managerial team responsible for the exploration and resource development of the Palmarejo property in Chihuahua State, Mexico. From 1997 to 2000, Mr. Laurent was Project Geologist for Viking Gold Corporation, designing and managing the exploration programs that discovered the Svartliden Gold Project culminating in the discovery of a resource of 2.83 million tonnes grading 4.5g/t gold for 408,800 ounces gold ( as published by Dragon Mining, June 2005). While working at Svartliden, Mr. Laurent also completed his Masters of Economic Geology at the University of Tasmania on “The synthesis of the geology and geophysics of the Svartliden gold deposit in Sweden”. Prior to 1997, Mr. Laurent worked as an exploration geologist in Guinea and Mali, West Africa; Turkey and the Eastern Goldfields of Western Australia. Mr. Laurent brings with him a diversity of experience, geological and technical knowledge that will be beneficial to the requirements of advancing the Company’s projects in particular the Kaukua Project to a bankable feasibility study.

The Company has granted stock options to purchase 300,000 shares of the Company for a period of 5 years at an exercise price of $0.30 per share pursuant to the Company's stock option plan. The granting of the options is subject to all necessary regulatory approvals.

Tasisuak Lake – TL Property

Nortec also announces the completion of a 1960m diamond drilling program on the Tasisuak Lake - TL property, Labrador. The drill program tested Time Domain Electromagnetic geophysical anomalies identified by the helicopter-borne VTEM survey completed in May 2008 and surface mineralized zones at depth. Nortec is the operator earning a majority interest from Vulcan Minerals Inc., a TSX Venture company based in St. John’s, Newfoundland.

Mohan R. Vulimiri, M.Sc, P.Geo., President, CEO and Director of Nortec, Ian Laurent, and Jan Akkerman, Managing Director of AEbv, are the persons responsible for initiating and guiding the work programs on the Kaukua Project. Mohan Vulimiri is the Qualified Person responsible for the contents of this press release.

On behalf of the Board of Directors,
NORTEC VENTURES CORP.
“Mohan R. Vulimiri”
Mohan R. Vulimiri, President & CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The statements made in this Press Release may contain certain forward-looking statements. Actual events or results may differ from the Company’s expectations. Certain risk factors may also affect the actual results achieved by the Company.

This press release does not constitute an offer to sell, or a solicitation of an offer to sell, any of the foregoing securities in the United States. None of the foregoing securities have been and, nor will they be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

This press release does not constitute an offer to sell, or a solicitation of an offer to sell, any of the foregoing securities in the United States. None of the foregoing securities have been and, nor will they be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.