Nova Pacific Metals Corp - NVPCF STOCK NEWS

Nova Pacific Metals Corp (CSE: NVPC) (OTCQB: NVPCF) has announced its participation in Red Cloud's 13th Annual Pre-PDAC Mining Showcase, scheduled for February 27 & 28, 2025, at The Omni King Edward Hotel in Toronto.

The conference will feature presentations from over 80 companies and facilitate more than 600 one-on-one meetings. The event includes exclusive keynote speeches from leading figures in mining and finance, providing networking and industry insight opportunities.

Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) has provided a corporate update highlighting recent achievements and future plans for growth in critical and precious metals markets. The company's flagship Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia, is positioned as their cornerstone for growth.

Key developments include:

• Submission of a drill permit application for up to 10,000 meters in 50 diamond drill holes, with approval expected soon
• Expansion of the planned drill program to 10,000 meters following analysis of historical data
• Completion of a $2,640,540 flow-through financing on December 17, 2024, fully funding the intended drill program
• Enhancement of the existing database incorporating data from 226 historical drill holes
• Confirmation of high-grade zones through man-portable drilling with impressive intercepts including 21.7 g/t Gold and 48.12% Zinc
• Strategic expansion through the acquisition of the Anita Property (658 hectares) and additional westward expansion of 976 hectares announced February 19, 2025

CEO J. Malcolm Bell stated that the upcoming drill program aims to establish an updated Mineral Resource Estimate to advance toward a mining permit application.

Nova Pacific Metals (NVPCF) has announced a strategic expansion of its Lara Project on Vancouver Island, BC, acquiring three contiguous mineral claims totaling 976 hectares. The expansion includes two significant prospects, Lady A and Lady C, which are stratabound exhalative, banded iron deposits located 900m apart. The Lady A prospect extends over 100m with a 20m width, while Lady C shows a 53m strike length and 30m thickness.

The newly acquired claims present geological targets for large massive sulphide deposits of precious metals, zinc, and copper in an established VMS district. The company plans a 10,000m drilling program, geophysical and geochemical surveys, and initial metallurgical studies. The claims were acquired from two directors for nominal out-of-pocket expenses, with no equity issuance involved.

Nova Pacific Metals Corp (CSE: NVPC) (OTCQB: NVPCF) has announced two significant developments. First, the company has appointed Craig Williams, a Canadian mining industry veteran, to its strategic advisory board. Williams, who is the Owner and President of Red River Energy Consultants, brings extensive experience having overseen projects valued at over US$1 billion in exploration and resource definition, with clients including Suncor Energy, BP, and Syncrude Canada LP.

Additionally, the company has entered into an investor relations agreement with i2i Marketing Group, for corporate marketing and investor awareness services. The agreement, dated February 4th, 2025, involves an initial payment of $350,000 USD for a six-month term ending August 3rd, 2025. The services include content creation management, author sourcing, project management, and media distribution.

Nova Pacific Metals (CSE: NVPC) (OTCQB: NVPCF) has announced the formation of a Strategic Advisory Board with the appointment of two industry veterans: Dr. Tom Setterfield, PhD, P.Geo., and Mr. Scott Young. Dr. Setterfield brings 44 years of international exploration experience, specializing in IOCG, epithermal Au, and VMS deposit types, with a PhD from Cambridge University. His expertise includes significant work on VMS deposits globally and successful ventures with companies like QGX and TerraX Minerals.

Mr. Scott Young contributes expertise in corporate development, fundraising, and strategic planning across various sectors. Additionally, the company has amended the exercise price of 7,410,000 share purchase warrants from $0.50 to $0.40 per common share, with expiration scheduled for May 31, 2025.

Nova Pacific Metals (NVPCF) has announced a significant expansion of its drill program at the Lara VMS Project in British Columbia, increasing from 19 to 49 holes totaling 10,000 meters. This expansion follows a comprehensive database update that compiled historical data from 226 drill holes, including drill logs, surveys, and assays for zinc, silver, gold, barium, copper, and lead.

The company is fully funded with a $2.6 million budget for the expanded program, scheduled to commence in Q2 2025. The program aims to validate historical results and expand mineralization within the Coronation, Coronation Extension, and Hanging Wall Zones. The project benefits from its strategic location in British Columbia with access to infrastructure and major ports.

Nova Pacific Metals (NVPCF) has reported complete results from its backpack drilling program at the Lara Project on Vancouver Island, British Columbia. The program comprised six BQ-sized holes totaling 18.11 meters. Notable results include:

- Hole 24BP05: 2.2m @ 21.7 g/t Au, 418 g/t Ag, 48.12% Zn, 4.59% Pb, and 2.67% Cu
- Hole 24BP03: 0.9m intersection with 52.76% Zn

The results confirm the high-grade nature of the massive sulphide lens previously exposed in Trench 86-43. The company plans to continue evaluating these results in preparation for an upcoming drill program scheduled for early next year. Additionally, Nova Pacific announced the termination of its agreement with Native Ads Inc. and a new marketing agreement with Stockwire Inc. worth USD$550,000.

Nova Pacific Metals has announced initial results from a backpack drilling program at its Lara Project on Vancouver Island. The first hole (24BP01) yielded exceptional results over 3.0m, including 11.67 g/t Gold, 373 g/t Silver, 21.33% Zinc, 4.23% Lead, and 1.75% Copper. The second hole (24BP02) intersected massive sulphides in its first 0.9m, returning 3.16 g/t Au, 462 g/t Ag, 46.03% Zn, 7.54% Pb, and 2.13% Cu. Results from four additional holes are pending. The company plans a larger 40-hole drilling program pending permits.

Nova Pacific Metals reports on the history and revitalization plans for its Lara VMS deposit located on Vancouver Island, British Columbia. The deposit, discovered in 1984, showed significant historical drilling results, including a high-grade trend averaging 6.80 g/t gold, 189.94 g/t silver, 14.9% zinc, 1.5% copper, and 3.1% lead. The company's revitalization plan includes confirmation sampling, a 40-hole diamond drilling program, First Nations consultation, and mineral resource estimate preparation. Nova Pacific has also engaged Kingfisher Consulting for European marketing services for €60,000 over three months starting December 2024.