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Nova Lithium Corp. ( (TSE:NVPC) ) has provided an update.
Nova Pacific Metals Corp. has commenced its Phase 1 diamond drill program at the Lara VMS Project on Vancouver Island, aiming to verify and expand upon historical drilling data and support an updated Mineral Resource Estimate. Additionally, the company announced the appointment of its founder, Sam Eskandari, as the new CEO following the retirement of J. Malcolm Bell, who will continue as Chairman of the Advisory Board. This leadership transition is seen as pivotal for the company, with Eskandari bringing extensive experience in the mining sector, and the drilling program expected to unlock the project’s full potential, enhancing Nova Pacific’s industry positioning.
More about Nova Lithium Corp.
Nova Pacific is a Canadian exploration and development company focused on the Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia. The company holds an option to acquire a 100% interest in the project.
Average Trading Volume: 234,637
Technical Sentiment Signal: Sell
Current Market Cap: C$6.61M
See more data about NVPC stock on TipRanks’ Stock Analysis page.