Core Insights - Nova Pacific Metals Corp. has reported promising results from its Phase 1 drilling program at the Lara VMS Project, specifically in the Coronation area, with significant assay results indicating potential for mineral resource estimation by Q4 2025 [1][2][4]. Summary of Drill Results - The Phase 1 drilling program consists of 36 holes totaling 8,660 meters, with results from 29 holes (6,342 meters) received so far, while 7 holes (2,228 meters) are still pending [5]. - Notable intersections include: - NP25-039: 5.0 meters grading 0.65 g/t AuEq (1.70% ZnEq) from 183 meters downhole [5]. - NP25-040: 6.0 meters grading 1.42 g/t AuEq (3.56% ZnEq) from 149 meters downhole [5]. - NP25-038, a step-out hole, did not yield significant intervals but showed short intervals enriched in copper, with one interval returning 1.71% Cu over 1 meter from 424.65 meters downhole [8] [5]. Project Development and Future Plans - The company is on track to deliver a mineral resource estimate targeted for Q4 2025, with ongoing compilation and digitization of historical data to evaluate additional mineralized zones across the 17-kilometer land package [4][12]. - The Lara Project encompasses 19 mineral claims covering 47 square kilometers, with a historical dataset of 323 drill holes totaling 58,262 meters of drilling [12][13]. - The exploration strategy includes evaluating other mineralized zones beyond Coronation, utilizing historical data to refine future drilling targets [14][13]. Quality Assurance and Technical Information - All drill core is logged, photographed, and analyzed by ALS Canada Ltd., ensuring adherence to industry-standard practices for quality assurance and quality control [15]. - The scientific and technical information has been reviewed by qualified professionals, ensuring compliance with NI 43-101 standards [16].