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Nova Pacific Drills 16.2m @ 3.2 g/t AuEq and 17.64m @ 1.92 g/t AuEq from First Assay Results at Lara VMS Project on Vancouver Island, B.C.
Newsfileยท 2025-06-24 12:30
Core Viewpoint - Nova Pacific Metals Corp. has reported promising initial assay results from its ongoing exploration drilling campaign at the Lara VMS Project on Vancouver Island, indicating the presence of mineralization and supporting the company's exploration model [1][3][9]. Exploration Results - The first four drill holes, totaling 582 meters, intersected mineralization, with notable intervals enriched with precious metals [1][3]. - Hole NP25-004 intersected 16.2 meters grading 3.3 g/t AuEq, while Hole NP25-001 intersected 17.64 meters grading 1.92 g/t AuEq [6][25]. - Assays are pending from an additional seven holes totaling 1,250 meters [4][7]. Project Overview - The Lara Project spans a 17-kilometer belt within the McLaughlin Ridge Formation, which is known for hosting the past-producing Myra Falls VMS Mine [1][13]. - The ongoing Phase 1 exploration program aims to verify historical drilling data to support a current mineral resource estimate targeted for Q4 2025 [12][20]. Future Plans - The company plans to conduct verification drilling and step-out drilling to test down-plunge extensions of previously intersected mineralization [11][12]. - Nova Pacific is also evaluating additional mineralized zones across the property to define resources beyond the Coronation area [14][20]. Technical and Quality Assurance - All drill core is logged, photographed, and analyzed under strict quality assurance and quality control protocols [16]. - The company has engaged Mineit Consulting Inc. to prepare an updated technical report for the Lara Project [12][20].
Nova Pacific Metals Appoints Dario Garousian to Advisory Board
Newsfileยท 2025-06-12 12:30
Core Viewpoint - Nova Pacific Metals Corp. has appointed Dario Franco Garousian to its strategic advisory board, enhancing its government relations and public affairs capabilities as it advances exploration at the Lara Project [1][3][9]. Company Overview - Nova Pacific is a Canadian exploration and development company focused on the Lara Volcanogenic Massive Sulfide (VMS) Project located on Vancouver Island, British Columbia. The company holds an option to acquire a 100% interest in the Lara Project, which has a significant historical resource rich in critical and precious metals [11]. Appointment of Dario Garousian - Dario Garousian brings over 11 years of experience in government affairs and public outreach, having worked as a political strategist and policy advisor to BC Premiers and provincial cabinet ministers. His expertise will assist the company in building partnerships and navigating regulatory dynamics [3][4][5]. - Garousian's background includes extensive engagement with First Nations communities, which is crucial for Nova Pacific as it prioritizes early and meaningful partnerships with Indigenous groups [4][8]. Commitment to Indigenous Engagement - Nova Pacific recognizes the rights of Indigenous Peoples in Canada and is committed to respectful engagement with First Nations communities, particularly regarding its Lara Project, which is located on the Traditional, Ancestral, and Unceded Territories of the Hul'qumi'num Treaty Group [7][8]. - The company aims to align its mineral exploration and development activities with local priorities and cultural protocols, fostering mutually beneficial partnerships with Indigenous groups [8][10].
All You Need to Know About Nova Ltd. (NVMI) Rating Upgrade to Strong Buy
ZACKSยท 2025-06-11 17:00
Core Viewpoint - Nova Ltd. has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the importance of earnings estimate revisions, which have shown a strong correlation with near-term stock price movements [4][6]. - For Nova Ltd., the recent increase in earnings estimates suggests an improvement in the company's underlying business, likely leading to higher stock prices [5]. Zacks Rank System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions [9][10]. Earnings Estimate Revisions for Nova Ltd. - For the fiscal year ending December 2025, Nova Ltd. is expected to earn $8.47 per share, with a 4.1% increase in the Zacks Consensus Estimate over the past three months [8].
QIMC and QMET Expand Hydrogen Development with Phase 2 Program in Nova Scotia Project
Newsfileยท 2025-06-10 12:00
Core Insights - Quebec Innovative Materials Corp. (QIMC) and Q Precious & Battery Metals Corp. (QMET) are advancing their natural hydrogen development initiative in Nova Scotia with the completion of an initial geological reconnaissance program [1][2] - The Phase 2 exploration program, valued at $200,000, will involve extensive soil gas sampling to detect hydrogen and other gases, with participation from the Institut National de la Recherche Scientifique (INRS) and local First Nations [2][3] Company Developments - QIMC has successfully identified critical geological fault zones and structural features essential for natural hydrogen exploration in Nova Scotia [2][4] - QMET has made an initial cash deposit to QIMC as part of the Phase 2 exploration program, which is set to commence in July [2][3] - The exploration will include over 1,000 soil gas samples collected at intervals of 50 to 100 meters, focusing on key geological structures within the Cumberland basin [3] Strategic Partnerships - The collaboration between QIMC and QMET aims to leverage advanced exploration techniques to identify natural hydrogen zones, contributing to Nova Scotia's energy future [5] - The involvement of the Temiscamingue First Nations in the initiative highlights the commitment to community engagement and collaboration in resource exploration [3][5] Future Outlook - The Phase 2 program is designed to enhance the understanding of hydrogen potential in the region, with real-time data interpretation by INRS experts to identify high-grade hydrogen zones [3][5] - QIMC emphasizes its proprietary exploration model's effectiveness in delivering high-value results, positioning the company to unlock clean natural hydrogen assets in Nova Scotia [5][8]
Breakout Momentum Plays You May Not Know About
MarketBeatยท 2025-06-06 15:54
Group 1: Market Overview - High volatility in markets throughout 2025 has created opportunities for momentum investors to capture gains when target stocks rise [1] - Timing momentum plays can be challenging, but early identification of targets in a sustained rally can provide an advantage [1] Group 2: EyePoint Pharmaceuticals (EYPT) - EyePoint Pharmaceuticals, a clinical-stage biopharma firm, has seen its stock price forecasted to reach $25.38, indicating a potential upside of 188.39% from the current price of $8.80 [2] - The company reported first-quarter revenue of nearly $25 million, significantly exceeding analyst expectations of just under $9 million [3] - EyePoint's lead drug candidate, DURAVYU, is in a critical Phase 3 clinical trial, with top-line data expected in 2026 [4] - The company ended the first quarter with over $318 million in cash and investments, sufficient to sustain operations through 2027 [4] - EYPT shares have increased by more than 19% in the last month, with analysts suggesting that growth is just beginning [5] Group 3: Nova Ltd. (NVMI) - Nova Ltd., which designs process control systems for semiconductor manufacturing, has a stock price forecast of $277, representing a 26.02% upside from the current price of $219.81 [6] - The company reported quarterly revenue growth of over 50% year-over-year, with earnings per share of $2.18 beating analyst estimates by 10 cents [7] - Analysts project Nova's earnings growth could exceed 7% in the future, supported by a year-over-year cash flow growth of about 32% [8] - NVMI shares have risen by more than 10% in the last month, with a consensus price target suggesting over 27% upside potential [9] Group 4: Ouster Inc. (OUST) - Ouster Inc. specializes in LiDAR technology for 3D mapping and imaging, with a stock price forecast of $14.10, indicating a 2.45% upside from the current price of $13.76 [10] - The company reported first-quarter revenue of $33 million, a 26% year-over-year increase, and a GAAP gross margin improvement to 41% from 29% [11] - Ouster projects second-quarter revenue between $32 million and $35 million, indicating significant upside potential [11] - The company's stock has rallied over 71% in the last year, with analysts optimistic about further growth due to increasing demand for robotics and automation services [12]
Maritime Launch Receives Additional Infrastructure Reimbursement Approval for Over $10 Million from the Province of Nova Scotia for an Additional Small Launcher Launch Pad
Prnewswireยท 2025-06-06 12:30
Core Points - Maritime Launch Services Inc. has received approval for approximately $10.5 million under the Capital Investment Tax Credit (CITC) from the Province of Nova Scotia to support the construction of a dedicated launch pad for small launch vehicles [1][2] - The CITC is a refundable corporate tax credit aimed at encouraging capital investment in Nova Scotia, with a total of approximately $30.7 million authorized for qualified infrastructure projects at Spaceport Nova Scotia [2][5] - The dedicated launch pad will include specialized infrastructure for safe and efficient orbital launch operations, enhancing Canada's sovereign space capabilities and supporting the company's growing customer base [3][4] Company Overview - Maritime Launch Services Inc. is a Canadian-owned commercial space company based in Nova Scotia, developing Spaceport Nova Scotia to provide satellite delivery services [6][8] - The spaceport will allow small and medium-sized launch vehicles to place satellites into low-earth orbit, marking it as Canada's first commercial orbital launch complex [8] Economic Impact - The CITC-supported infrastructure is expected to create up to 30 jobs in the local area, driving demand across local construction, hospitality, and service sectors [7] - The project aims to anchor a new high-tech sector in the region, diversifying the local economy and positioning Nova Scotia as a global destination for space and satellite companies [7]
Nova Pacific Provides Drilling Update at Lara Project
Newsfileยท 2025-06-06 12:30
Core Viewpoint - Nova Pacific Metals Corp. is advancing its Phase 1 exploration drill program at the Lara VMS Project, with a focus on confirming historical mineralization and exploring potential extensions [1][6]. Group 1: Drill Program Details - The Phase 1 drill program aims to complete approximately 8,500 metres of drilling across 39 holes, with 4,953 metres already completed in 21 NQ-sized diamond drillholes as of now [3][5]. - A second drill rig has been added to accelerate the drilling process, enhancing the efficiency of the program [2][5]. - Visible massive sulphide and sulphide vein mineralization have been identified in logged drill cores within altered felsic volcanics of the Sicker Group [3]. Group 2: Assay Results and Objectives - Seven drillholes have been sampled and sent to ALS Geochemistry for analysis, with four samples prioritized for rush assaying [4][5]. - The primary objectives of the Phase 1 program include confirming the presence and extent of historical mineralization and demonstrating the potential for expansion along the Coronation Trend [6]. Group 3: Stock Options and Community Engagement - The company has granted 650,000 incentive stock options to consultants and advisory board members, each exercisable at a price of $0.14 per share for up to five years [8]. - Nova Pacific emphasizes early engagement with First Nations communities to ensure that exploration activities are well-coordinated and supported, aiming for mutually beneficial partnerships [10]. Group 4: Company Overview - Nova Pacific is focused on the Lara VMS Project, which has a significant historical resource rich in critical and precious metals, located near excellent infrastructure [11]. - The company's strategy includes verification and exploration drilling, along with the completion of an updated mineral resource estimate [11].
Military Metals Announces Access Agreement at West Gore Past Producing Antimony Mine, Nova Scotia
Newsfileยท 2025-06-04 11:30
Military Metals Announces Access Agreement at West Gore Past Producing Antimony Mine, Nova Scotia (1) Source: NI 43-101 Technical Report: May 25, 2021 by Battery Elements Corp All historical data have been compiled and are undergoing detailed review. The Company's 2025 field program is scheduled to include a high-resolution drone-based aeromagnetic survey the results of which will assist in the delineation of drill targets to test for additional mineralized zones associated with the historical West Gore ant ...
Nova Pacific Intersects Massive Sulphide Mineralization at Lara Project - Rush Assays Pending
Newsfileยท 2025-05-29 12:30
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2025) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (the "Company", or "Nova Pacific") is pleased to provide an update on its ongoing 8,500-metre Phase 1 drill program at the Lara Volcanogenic Massive Sulphide (VMS) Project, located on Vancouver Island, British Columbia.Highlights:Phase 1 drill program underway: The first 14 of 39 planned drill holes have been completed, with a total of 3,105 meters drilled to date.As ...
Is Nova Ltd. (NVMI) a Solid Growth Stock?
ZACKSยท 2025-05-28 17:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores ...