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B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Drill Results

Nova Pacific Reports Final Assay Results from Phase 1 Drilling at the Lara VMS Project

By The Northwire Desk — AI Analysis Oct 08, 2025 · 08:31 NVPC · 0.06 Nova Pacific Metals Corp.
NVPC · Price

Executive Summary

  • Nova Pacific reported assay results from the final seven drillholes (2,228 m) of its 8,660‑m Phase 1 program at the Coronation zone of the Lara VMS Project.
  • Multiple intercepts returned high AuEq and ZnEq grades (e.g., NP25‑0143: 5.1 g/t AuEq over 11 m; NP25‑0041: 3.3 g/t AuEq over 16.2 m, including a 11.1 g/t AuEq sub‑interval).
  • The results support the company’s exploration model and are expected to underpin a Mineral Resource Estimate targeted for Q4 2025.

Key Details

  • Hole NP25‑0011: 17.64 m @ 1.9 g/t AuEq (4.3 % ZnEq) – 0.7 g/t Au, 1.25 % Zn, 17.7 g/t Ag, 0.29 % Cu, 0.18 % Pb from 86.6 m depth.
  • Hole NP25‑0021: 9.0 m @ 2.1 g/t AuEq (5.3 % ZnEq) – 0.9 g/t Au, 1.30 % Zn, 28.3 g/t Ag, 0.36 % Cu, 0.19 % Pb from 84.75 m depth.
  • Hole NP25‑0041: 16.2 m @ 3.3 g/t AuEq (8.6 % ZnEq) – 1.5 g/t Au, 2.17 % Zn, 53.5 g/t Ag, 0.42 % Cu, 0.52 % Pb from 85 m depth; includes 11.1 g/t AuEq (26.37 % ZnEq) sub‑interval.
  • Hole NP25‑0052: Multiple intervals – 11 m @ 1.8 g/t AuEq (4.3 % ZnEq) from 135 m; 8.33 m @ 1.0 g/t AuEq (2.3 % ZnEq) from 80 m; 1 m @ 2.7 g/t AuEq (6.9 % ZnEq) from 89 m.
  • Hole NP25‑0143: 11 m @ 5.1 g/t AuEq (13 % ZnEq) from 233 m; includes 1 m @ 20.5 g/t AuEq (50.2 % ZnEq).
  • Hole NP25‑0273: 6.05 m @ 4.0 g/t AuEq (10.5 % ZnEq) from 45.45 m.
  • Hole NP25‑0293: 10 m @ 2.5 g/t AuEq (6.1 % ZnEq) from 100 m.

  • Hole NP25‑0373: 10.5 m @ 1.8 g/t AuEq (4.3 % ZnEq) from 119.5 m.

  • Non‑significant holes: NP25‑012, NP25‑028, NP25‑032, NP25‑034 reported no material intersections.

  • Additional drillhole context:
  • NP25‑013 intersected 4 m @ 1.3 g/t AuEq (3.3 % ZnEq) at 271 m; true width consistent with model but grades higher than historical data.

  • NP25‑016 intersected 6 m @ 0.9 g/t AuEq (2.6 % ZnEq) at 278 m, plus a 2 m @ 0.5 g/t AuEq (1.4 % ZnEq) at 299 m.

  • Exploration outlook:

  • Phase 1 results validate the exploration model and will feed into a Mineral Resource Estimate slated for Q4 2025.

  • Ongoing compilation and digitization of historic data to guide future drilling across the Lara Project, including prospective zones (Lady A, Lady C).

  • QA/QC: Core split‑sent to ALS Canada; ISO/IEC 17025 accredited lab; fire assay & multi‑element ICP methods employed; QA/QC samples inserted regularly.

Notable Quotes

“Phase 1 drilling results have generally been consistent with – and in many cases have exceeded – the historical dataset at Coronation… With an initial Mineral Resource Estimate targeted before year‑end, we're confident that the Coronation Zone continues to provide a strong foundation for Nova Pacific's growth.” – Sam Eskandari, CEO

All forward‑looking statements are subject to risks and uncertainties as disclosed in the release.

Read the original news release →

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