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Bactech Environmental Corp. press release

Nortec signs Land Use Agreements in preparation for Diamond Drilling on Ganarin Epithermal Gold-Silver Project, Southern Ecuador

CSE - Canadian National Stock Exchange · Gold · Silver · Arsenic · Iron · Nickel · Copper · Cobalt · Rare Earth Elements · Canada

VANCOUVER, Aug. 16 /CNW/ - Nortec Ventures Corp., ("Nortec" or the "Company"), is pleased to announce the signing of Access Agreements for diamond drilling, sampling and water usage for the period of one year with the surface land owner of Chamana and Rio Minas target areas, Ganarin epithermal gold-silver project, Southern Ecuador. Chamana and Rio Minas are the principal targets with significant gold and silver values on surface. Details can be referred to in the Company's press releases of 18th August 2006 and January 9th 2006. Discussions are continuing with Ecuadorian drilling companies for a 2000 metre drilling contract. Negotiations are underway for access agreements with the land owner of Loma la Cruz, another target on the Ganarin Project. In addition, Nortec announces that the Company has incorporated an Ecuadorian subsidiary, MINERA NORTECECUADOR S.A. with its offices located in Cuenca, Southern Ecuador. Cuenca is Ecuador's third largest city and is the commercial centre for southern Ecuador. This has already facilitated and simplified the process of negotiations with the land owners in the Company's joint venture holdings. The Company holds an option to earn a 51% interest in the Ganarin epithermal gold-silver project and 70% interest in the Condorcocha Project, Southern Ecuador, from joint-venture partner Doubloon Exploration Corp. Mohan R. Vulimiri, M.Sc. P.Geo., President and Director of Nortec, is the person responsible for initiating and guiding the work programs on the Property. Brian T. Malahoff, P.Geo, is the person responsible for the on-site management of the exploration programs on the Property. Mr. Vulimiri and Mr. Malahoff are qualified persons in accordance with National Instrument 43-101 guidelines. For further details and locations of the various zones on the Ganarin Property and information on Nortec Ventures Corp., please visit the Company's website at http://www.nortecventures.com. Nortec is a mineral exploration and development company based in Vancouver, British Columbia. Nortec is earning an undivided 70% interest in Kollismaa-Naranka nickel-copper-PGE project, northern Finland and a 51% interest in TL nickel property, Voisey's Bay area, northern Labrador.

<< On behalf of the Board of Directors,

Nortec Ventures Corp.

"Mohan R. Vulimiri" Mohan R. Vulimiri, President & CEO >>

The statements made in this News 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. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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