Nova Pacific Metals: High-Grade Results Spark Optimism at Lara Property Extension

Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) has reported impressive assay results from its Lara Property Extension, further bolstering the project's potential. The Company sampled 3.28 g/t Au, 418 g/t Ag, and 4.77% Cu from the property, highlighting the high-grade nature of the mineralization. These results follow a successful backpack drilling program that confirmed the presence of significant polymetallic mineralization in the Coronation Zone.

The Lara Property Extension is part of the larger Lara Project, a volcanogenic massive sulfide (VMS) deposit located on Vancouver Island, British Columbia. The property is known for its high-grade polymetallic mineralization, with historical data indicating the presence of significant gold, silver, copper, zinc, and lead. The recent assay results from the Lara Property Extension further validate the project's potential and support the Company's exploration strategy.

Nova Pacific's exploration efforts have focused on confirming historical grades and collecting modern trace geochemistry information for massive sulphide mineralization in the Coronation Zone. The Company's backpack drilling program, which consisted of six BQ-sized holes totaling 18.11 meters, successfully intersected high-grade mineralization, including a 2.2-meter interval grading 21.7 g/t Au, 418 g/t Ag, 48.12% Zn, 4.59% Pb, and 2.67% Cu, as well as a 0.9-meter intersection grading 52.76% Zn.

The high-grade results from the Lara Property Extension are particularly encouraging, as they compare favorably with Abermin's trench results and suggest the potential for further high-grade discoveries. The Company will continue to evaluate these results in preparation for an upcoming drill program, expected to start early next year. This program will build upon the success of the backpack drilling program and provide a more comprehensive understanding of the deposit.

The geological factors contributing to the high-grade mineralization observed in the Lara Property Extension include the presence of volcanogenic massive sulfide (VMS) deposits, the stratigraphic position of the Coronation Zone within the Sicker Group rocks, structural control by faults and folds, alteration, and the presence of exhalative iron formations. These factors suggest that the Lara Property Extension has the potential for hosting additional high-grade mineralization, and future exploration efforts should focus on targeting similar geological settings.

In conclusion, Nova Pacific Metals' high-grade assay results from the Lara Property Extension have sparked optimism about the project's potential. The Company's exploration strategy, which focuses on confirming historical grades and collecting modern trace geochemistry information, has proven successful in validating a portion of the historical data from the Coronation Zone. As Nova Pacific continues to evaluate these results and prepare for an upcoming drill program, investors can look forward to further developments at the Lara Project.