Nova Pacific Metals Extends the Strike Length of the Lara Project to 17 KM

Core Insights - Nova Pacific Metals Corp. has extended the strike length of the Lara Project to 17 kilometers by staking two additional claims totaling 912.38 hectares, following an analysis of historical exploration results [1][8] Group 1: Project Expansion - The newly acquired claims are contiguous with the existing property outline, enhancing the company's control over a highly prospective stratigraphy [1][2] - The northwest part of the property, which is underlain by the McLaughlin Ridge Formation, has received less exploration attention compared to the southeast section [2] Group 2: Exploration Potential - Significant mineralization has been identified near the property, including the McDougall Vein, which has produced grab samples with up to 182 g/t Au and 86.5 g/t Ag [3] - A jasper-rich magnetite iron formation located within 250 meters of the property has shown values of up to 0.72 g/t Au, 0.51% Cu, and 2.9 g/t Ag [3] Group 3: Drilling Plans - The company submitted a drill permit application for up to 10,000 meters in 50 diamond drill holes, with expectations for favorable progress and issuance of the permit [7][8] - A recent flow-through financing raised $2,640,540, which will fully fund the intended drill program [7] Group 4: Strategic Focus - The CEO emphasized the company's commitment to expanding the project size and focusing on drill confirmation of the Lara deposit, with plans to establish an updated Mineral Resource Estimate by mid-summer [8] - The company aims to develop additional targets for future drill programs as part of its forward-looking strategy [8][13]