Nova .(US:NVMI) Newsfile·2024-12-19 07:45Core Viewpoint - Nova Pacific Metals Corp. has reported positive results from its backpack drilling program at the Lara Project, confirming high-grade mineralization and preparing for future drilling activities [1][6]. Drilling Results - The drilling program involved six BQ-sized holes totaling 18.11 meters, aimed at confirming historic grades and collecting geochemical data for massive sulphide mineralization in the Coronation Zone [1][2]. - Assay results from holes 24BP03 to 06 confirmed the high-grade nature of the massive sulphide lens, with notable intersections including 12.5 g/t Au, 409.3 g/t Ag, 37.92% Zn, 5.29% Pb, 2.31% Cu, and 1,394 g/t Sb over 4.26 meters in hole 24BP05 [2][3]. - A significant intersection from hole 24BP03 returned 52.76% Zn over 0.9 meters, indicating strong mineralization potential [2]. Future Plans - The company plans to evaluate the drilling results further in preparation for an upcoming drill program expected to commence early next year [6]. Marketing and Investor Relations - Nova Pacific has terminated its service agreement with Native Ads Inc. and has entered into a new investor relations consulting agreement with Stockwire Inc. for European marketing strategies, with a total fee of USD 550,000 [8][9]. Company Overview - Nova Pacific is focused on the Lara Volcanogenic Massive Sulfide (VMS) Project, which has a significant historic resource rich in critical and precious metals, and aims to create shareholder value while maintaining environmental responsibility [13].