VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/27/11 — Nortec Minerals Corp. (TSX VENTURE: NVT)(PINK SHEETS: NMNZF)(FRANKFURT: WMQ) ("Nortec" or the "Company"), is pleased to announce that it has signed a binding Letter of Intent ("LOI") with Otterburn Ventures Inc. (CSNX: OTB) ("Otterburn"). The LOI gives Otterburn the option to earn up to an 80% interest in Nortec-s Lantinen Koillismaa project, a 100% owned palladium-platinum-gold-copper-nickel pro