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Nova Pacific Metals Announces Major Expansion of Drill Program at Lara VMS Property Following Comprehensive Database Updates
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2025) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (the "Company"
About this update from Nova Pacific Metals Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - January 21, 2025) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (the \"Company\", or \"Nova Pacific\") is pleased to announce a significant expansion of its planned drill program at the Lara Volcanogenic Massive Sulphide (VMS) Project on southeast Vancouver Island, British Columbia. This decision follows a comprehensive compilation and analysis of the project's historical database, which has unveiled exciting new potential within the Coronation Zone. Highlights: Expanded drill program now encompasses 49 holes totaling 10,000 meters, up from the initially planned 19 holes. Updated database incorporates abundant historical data, providing a more comprehensive foundation for future resource estimation. Malcolm Bell, CEO of Nova Pacific, commented, \"The results of this historical database compilation has exceeded our expectations and reinforced our belief in the exceptional potential of the Lara Project. By reevaluating the considerable drilling from surface and underground by previous operators and by adding the results obtained from an additional 49 drill holes that are both infill and confirmation holes, we're positioning Nova Pacific with the potential to redefine the future of this promising VMS system.\" Database Update Unveils New Potential A thorough review and update of the historical database, conducted by Mineit Consulting Inc., has incorporated a wealth of previously existing data from the British Columbia Ministry of Mining and Critical Minerals. This update has provided a near-complete dataset for 226 historical drill holes, including crucial information such as drill logs, downhole surveys, assays, and certificates. The enhanced database now offers a comprehensive view of the property's potential, with assay values for zinc, silver, gold, barium, copper, and lead, as well as specific gravity measurements. This robust dataset meets CIM Best Practice standards and provides a solid foundation for the Company's upcoming drill program and any future resource estimation. Expanded Drill Program to Unlock Value Based on the encouraging results of the database update, Nova Pacific has expanded its planned drill program from 19 to 49 holes, totaling 10,000 meters. This comprehensive program aims to validate historical results and expand upon kno...