- Nova Pacific Metals Corp. (NVPCF, Financial) completes 3,105 meters of drilling at the Lara VMS Project in British Columbia.
- Initial visual results show promising massive sulphide mineralization, with assay results pending for the first four drill holes.
- The project is aiming for a new mineral resource estimate by Q4 2025.
Nova Pacific Metals Corp. (NVPCF) has announced progress on its ongoing 8,500-metre Phase 1 drill program at the Lara Volcanogenic Massive Sulphide (VMS) Project on Vancouver Island, British Columbia. The company has successfully completed 14 out of the planned 39 drill holes, totaling 3,105 meters.
Initial visual inspections have identified promising intersections of massive sulphide mineralization, containing critical minerals such as sphalerite, galena, chalcopyrite, and pyrite. Despite these encouraging signs, the company is still awaiting rush assay results from the first four holes, which will be processed by ALS Geochemistry located in North Vancouver.
The Lara Project holds a historical resource estimate of 1.15 million tonnes indicated with 3.01% Zinc, 32.97 g/t Silver, and 1.05% Copper, along with 669.6 thousand tonnes inferred with 2.26% Zinc, 32.99 g/t Silver, and 0.90% Copper. Nova Pacific aims to update this estimate to meet current standards with a new mineral resource estimate slated for release in Q4 2025.
The project spans 4,671 hectares and encompasses multiple mineralized zones with potential for expansion beyond the primary Coronation Trend. As part of the current phase, Nova Pacific is also examining new targets to assess the broader mineralization potential of the area.
CEO Sam Eskandari commented on the progress, stating that the visual confirmation of massive sulphide mineralization is an early indication of the project’s potential. With ongoing exploration and assay results pending, the company remains optimistic about unveiling significant resource potential in British Columbia.
