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An announcement from Nova Lithium Corp. ( (TSE:NVPC) ) is now available.
Nova Pacific Metals Corp. has announced the commencement of its Phase 1 diamond drill program at the Lara VMS Project, set to begin in early May 2025. This initiative involves drilling 39 holes over 8,500 meters to verify historical drilling data and support resource estimation activities. The project marks a significant step in advancing the Lara deposit from a historical resource to a valuable asset, potentially impacting the company’s operations and positioning in the mining industry. Additionally, the company announced the retirement of Mr. Dal Brynelsen from the Board of Directors, who will continue to support the company as a member of its Advisory Board.
More about Nova Lithium Corp.
Nova Pacific Metals Corp. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the extraction of precious metals and other minerals, with a particular emphasis on projects like the Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia.
YTD Price Performance: -44.12%
Average Trading Volume: 317,740
Technical Sentiment Signal: Buy
Current Market Cap: C$8.98M
See more data about NVPC stock on TipRanks’ Stock Analysis page.