Core Viewpoint - Nova Pacific Metals Corp. is advancing its Phase 1 drill program at the Lara VMS Project, with early indications of significant mineralization and a focus on both verifying historical resources and exploring new targets [3][4][9]. Group 1: Drill Program Details - The Phase 1 exploration program aims to complete approximately 8,500 meters across 39 drill holes, with 3,105 meters drilled so far [4][6]. - Initial drill holes have visually confirmed massive sulphide mineralization, including key VMS-style minerals such as sphalerite, galena, chalcopyrite, and pyrite [6][8]. - The first four drill holes have been sampled and are being sent for rush assay to ALS Geochemistry in North Vancouver [5][6]. Group 2: Objectives and Expectations - The program has two main objectives: confirming the historical resource and demonstrating expansion potential by testing new high-priority exploration targets [9][10]. - A current mineral resource estimate is targeted for Q4 2025, contingent on assay results from the ongoing drilling [11][10]. Group 3: Historical Resource Context - The Lara Project has a historical resource estimate based on over 58,000 meters of drilling in 323 holes, with indicated resources of 1,146,700 tonnes at 3.01% zinc and inferred resources of 669,600 tonnes at 2.26% zinc [11][10]. - The historical resource is not currently compliant with NI 43-101 standards and has not been validated by a Qualified Person [10]. Group 4: Broader Exploration Potential - The Lara Project encompasses 19 mineral claims over 4,671 hectares, with ongoing evaluations of six additional mineralized zones beyond the Coronation Trend [13][14]. - The potential for lens-stacking and stratigraphic clustering typical of VMS systems supports a broader exploration thesis [15].
Nova Pacific Intersects Massive Sulphide Mineralization at Lara Project - Rush Assays Pending