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].

Core Viewpoint - Emerita Resources Corp. has filed an independent NI 43-101 compliant technical report for its Iberian Belt West Project in Spain, supporting an updated Mineral Resource Estimate announced on March 17, 2025 [1][2]. Group 1: Technical Report and Mineral Resource Estimate - The technical report titled "NI 43-101 Technical Report on the Iberian Belt West Project, Spain" was prepared by Wardell Armstrong International Limited and has an effective date of February 26, 2025 [2]. - The updated Mineral Resource Estimate is based on 105,554 meters of drilling, comprising 299 drill holes across three deposits: La Romanera, La Infanta, and El Cura [3]. - The total indicated Mineral Resource Estimate is 18.96 million tonnes (Mt) grading 2.88% zinc, 1.42% lead, 0.5% copper, 66 g/t silver, and 1.28 g/t gold, with a total inferred estimate of 6.80 Mt grading 3.25% zinc, 1.50% lead, 0.73% copper, 56.3 g/t silver, and 0.77 g/t gold [7]. Group 2: Individual Deposits - La Romanera deposit contains an indicated MRE of 17.34 Mt grading 2.64% zinc, 1.25% lead, 0.43% copper, 65 g/t silver, and 1.34 g/t gold, with an inferred MRE of 4.13 Mt grading 3.08% zinc, 1.27 g/t lead, 0.61% copper, 49.7 g/t silver, and 0.82 g/t gold [7]. - La Infanta deposit has an indicated MRE of 1.09 Mt grading 7.38% zinc, 4.39% lead, 1.08% copper, 94.6 g/t silver, and 0.35 g/t gold, with an inferred MRE of 1.91 Mt grading 4.08% zinc, 2.23% lead, 0.66% copper, 74 g/t silver, and 0.38 g/t gold [7]. - El Cura deposit contains an indicated MRE of 0.53 Mt grading 1.58% zinc, 0.69% lead, 1.45% copper, 42.9 g/t silver, and 1.41 g/t gold, with an inferred MRE of 0.76 Mt grading 2.08% zinc, 0.91% lead, 1.51% copper, 48 g/t silver, and 1.46 g/t gold [7]. Group 3: Company Overview - Emerita Resources Corp. is focused on the acquisition, exploration, and development of mineral properties in Europe, primarily in Spain, with its corporate office and technical team based in Sevilla, Spain, and an administrative office in Toronto, Canada [5].