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Nova Pacific Reports Final Assay Results from Phase 1 Drilling at the Lara VMS Project
Newsfileยท 2025-10-08 12:30
Core Insights - Nova Pacific Metals Corp. has reported final assay results from its Phase 1 drilling program at the Lara VMS Project, confirming the exploration model and supporting a Mineral Resource Estimate expected in Q4 2025 [1][2]. Drilling Results - The Phase 1 drill program consisted of seven drillholes totaling 2,228 meters, part of a larger 8,660-meter program [1]. - Significant intersections include: - Hole NP25-0011: 17.64 m grading 1.9 g/t AuEq or 4.3% ZnEq [6] - Hole NP25-0021: 9.0 m grading 2.1 g/t AuEq or 5.3% ZnEq [6] - Hole NP25-0041: 16.2 m grading 3.3 g/t AuEq or 8.6% ZnEq, including a high-grade interval of 11.1 g/t AuEq or 26.37% ZnEq [6] - Hole NP25-0143: 11 m grading 5.1 g/t AuEq or 13% ZnEq, with a peak of 20.5 g/t AuEq or 50.2% ZnEq [6] - Other drillholes reported no significant intersections, indicating gaps in the mineralization model [8]. Exploration Strategy - The company is compiling and digitizing historical data to evaluate mineralized zones beyond the Coronation area, which is a high-priority target within the 17-kilometer VMS belt [9][10]. - Nova Pacific aims to explore additional zones, including Lady A and Lady C, to potentially expand the resource base [7][11]. Quality Assurance - All drill core is logged, photographed, and analyzed by ALS Canada Ltd., ensuring high standards of quality control and accuracy in assay results [12]. Company Overview - Nova Pacific Metals Corp. is focused on advancing the Lara VMS Project, which is strategically located near key infrastructure and enriched with critical and precious metals [17].