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The latest update is out from Nova Lithium Corp. ( (TSE:NVPC) ).
Nova Pacific Metals Corp. has announced progress in its Phase 1 drill program at the Lara Volcanogenic Massive Sulphide Project, having completed 14 of the planned 39 drill holes. The company has visually identified significant sulphide mineralization, including key VMS-style minerals such as sphalerite, galena, chalcopyrite, and pyrite. The drill program aims to verify historical resources and explore new targets to potentially expand the geological model. The results from the initial holes are expected to generate ongoing news flow, with a targeted mineral resource estimate set for Q4 2025. This development positions Nova Pacific to potentially become a leading VMS project in British Columbia, with implications for stakeholders as the company seeks to confirm and expand its resource base.
More about Nova Lithium Corp.
Nova Pacific Metals Corp. is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the exploration of volcanogenic massive sulphide (VMS) deposits, with a specific focus on the Lara Project located on Vancouver Island, British Columbia.
Average Trading Volume: 136,963
Technical Sentiment Signal: Sell
Current Market Cap: C$5.67M
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