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Nova Pacific Metals Drilling Confirms Significance of High-Grade Historical Trench Results
3.0m @ 11.67 g/t Gold, 373 g/t Silver, 21.33% Zinc, 4.23% Lead, and 1.75% Copper Vancouver, British Columbia--(Newsfile Corp. - November 27, 2024) - Nova Pacifi
About this update from Nova Pacific Metals Corp.
[{"type":"text","content":" 3.0m @ 11.67 g/t Gold, 373 g/t Silver, 21.33% Zinc, 4.23% Lead, and 1.75% Copper Vancouver, British Columbia--(Newsfile Corp. - November 27, 2024) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (the \"Company\", or \"Nova Pacific\") is pleased to announce initial results from a backpack drilling program completed on its Lara Project on Vancouver Island, British Columbia. Six BQ-sized holes totalling 18.11m (59.4 ft) were drilled from one surface location using a Shaw backpack drill in order to confirm historic grades and to collect modern trace geochemistry information for massive sulphide mineralization in the Coronation Zone (Figure 1). To date, Nova Pacific has obtained results from two boreholes (see Table 1). Hole 24BP01 intersected 3.0 m of fractured/rehealed and sheared limestone (marble) hosting thick massive sulphide layers comprising predominantly sphalerite, galena and chalcopyrite (Figure 2). The weighted average assay across the full 3 metres (9.84 ft) returned 11.67 g/t Au, 373 g/t Ag, 21.33% Zn, 4.23% Pb, and 1.75% Cu. \"These initial results from our backpack drilling program at the Lara Project are truly exceptional,\" said J. Malcolm Bell, CEO of Nova Pacific. \"The high-grade intersections we've encountered, particularly in Hole 24BP01 with significant gold, silver, zinc, lead, and copper values, not only validates our exploration strategy but also reaffirms a portion of the historical data from the Coronation Zone. These findings are a first step in revitalizing the Lara Project and provides increased confidence in its future development as we await results from the remaining 4 holes. As soon as we receive permitting for the planned 40 drill hole program, we will immediately commence the balance of our confirmation program.\" The first 0.9 metres (2.95 ft) of Hole 24BP02 intersected massive sulphides comprising brown sphalerite, galena, chalcopyrite and pyrite. This interval assayed 3.16 g/t Au, 462 g/t Ag, 46.03% Zn, 7.54% Pb, and 2.13% Cu. The remaining 1.5 metres (4.9 ft) intersected fractured/rehealed limestone (marble) with a matrix of sulphides, including brown sphalerite, galena, chalcopyrite and pyrite. This interval assayed 1.375% Zn, 0.56% Pb, 0.515% Cu, 0.479 g/t Au and 165 g/t Ag. Figure 1. Diamond Drill Hole (DDH) Location Map Together with the Coronation Extens...