Nova Pacific's Lara Project: A Polymetallic Treasure Trove Unveiled
Thursday, Dec 19, 2024 2:55 am ET
Nova Pacific Metals Corp. (NVPC) has recently released complete backpack drilling results from its Lara Project on Vancouver Island, British Columbia, revealing high-grade intersections that validate the project's exploration strategy and confirm the presence of significant polymetallic mineralization. The Lara Project, a near-surface, high-grade Volcanogenic Massive Sulfide (VMS) deposit, has shown remarkable potential with these latest results.
The drilling program, consisting of six BQ-sized holes totaling 18.11m, aimed to confirm historic grades and collect modern trace geochemistry information for massive sulphide mineralization in the Coronation Zone. Two holes, 24BP01 and 24BP02, have returned impressive results, with Hole 24BP01 intersecting 3.0m of fractured/rehealed limestone hosting thick massive sulphide layers. The weighted average assay across the full 3 metres returned an astonishing 11.67 g/t Au, 373 g/t Ag, 21.33% Zn, 4.23% Pb, and 1.75% Cu.

These results not only confirm the high-grade nature of the Lara Project but also validate the exploration strategy employed by Nova Pacific. The Company plans to use these results to update the mineral resource estimate and prepare a Pre-Feasibility Study, further solidifying the project's economic viability.
The high-grade intersections at the Lara Project suggest significant polymetallic mineralization, which could enhance the project's economic potential. As Nova Pacific continues to evaluate these results and awaits the release of assay data from the remaining holes, investors can expect a more precise estimate of the inferred and indicated resources, further strengthening the project's attractiveness.
The Lara Project's proximity to infrastructure and excellent location make it an attractive development opportunity. With the recent drilling results confirming the project's high-grade potential, Nova Pacific is well-positioned to advance the Lara Project towards the pre-feasibility stage. As the Company continues to explore and develop this polymetallic treasure trove, investors seeking stable, predictable returns should take note of the Lara Project's potential.
In conclusion, Nova Pacific's recent backpack drilling results at the Lara Project have unveiled a polymetallic treasure trove with significant high-grade intersections. These results validate the exploration strategy and confirm the presence of substantial polymetallic mineralization. As the Company continues to evaluate these results and advance the project, investors should consider the Lara Project as an attractive investment opportunity for stable, predictable growth.
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