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Nova Pacific Completes Mobile Metal Ion Orientation Survey at Lara

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Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) has completed a Mobile Metal Ion (MMI) orientation survey at the Lara volcanogenic massive sulphide (VMS) deposit in British Columbia, Canada. The survey, conducted over the Coronation Zone, aimed to test MMI's effectiveness in detecting deeply buried mineral deposits.

Key points:

  • The Lara Property comprises 4 mineral claims (~1848.1 ha) and is road accessible year-round.
  • MMI sampling was carried out on a small grid over known mineralization.
  • Results showed a strong correlation between underlying mineralization and surface MMI data.
  • A strong multi-element anomaly was detected, striking easterly for 125 meters and southerly for 200 meters.
  • The anomaly correlates well with the massive sulphide mineralization of the Coronation Zone.

Nova Pacific's CEO, Malcolm Bell, stated that these results will be valuable for evaluating known mineralizing trends outside of existing zones.

Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) ha completato un'indagine di orientamento Mobile Metal Ion (MMI) presso il giacimento di solfuri massivi volcanogenici di Lara (VMS) nella British Columbia, Canada. L'indagine, condotta nella Zona Coronation, mirava a testare l'efficacia dell'MMI nella rilevazione di depositi minerali sepolti in profondità.

Punti chiave:

  • La Proprietà Lara comprende 4 concessioni minerarie (~1848,1 ha) ed è accessibile su strada durante tutto l'anno.
  • Il campionamento MMI è stato effettuato su una piccola griglia sopra una mineralizzazione nota.
  • I risultati hanno mostrato una forte correlazione tra la mineralizzazione sottostante e i dati MMI superficiali.
  • È stata rilevata una forte anomalia multi-elemento, che si estende verso est per 125 metri e verso sud per 200 metri.
  • L'anomalia corrisponde bene con la mineralizzazione di solfuri massivi della Zona Coronation.

Il CEO di Nova Pacific, Malcolm Bell, ha dichiarato che questi risultati saranno preziosi per valutare le tendenze mineralizzanti conosciute al di fuori delle zone esistenti.

Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) ha completado una encuesta de orientación de iones metálicos móviles (MMI) en el depósito de sulfuros masivos volcanogénicos de Lara (VMS) en Columbia Británica, Canadá. La encuesta, realizada sobre la Zona Coronation, tenía como objetivo probar la efectividad del MMI para detectar depósitos minerales enterrados profundamente.

Puntos clave:

  • La Propiedad Lara comprende 4 reclamos minerales (~1848.1 ha) y es accesible por carretera durante todo el año.
  • El muestreo MMI se llevó a cabo en una pequeña cuadrícula sobre mineralización conocida.
  • Los resultados mostraron una fuerte correlación entre la mineralización subyacente y los datos MMI en superficie.
  • Se detectó una fuerte anomalía multielemental, que se extiende hacia el este durante 125 metros y hacia el sur durante 200 metros.
  • La anomalía correlaciona bien con la mineralización de sulfuros masivos de la Zona Coronation.

El CEO de Nova Pacific, Malcolm Bell, declaró que estos resultados serán valiosos para evaluar las tendencias mineralizadoras conocidas fuera de las zonas existentes.

노바 퍼시픽 메탈스 Corp. (CSE: NVPC) (OTCQB: NVPCF)는 캐나다 브리티시컬럼비아의 라라 화산유래 대규모 황화물(VMS) 매장지에서 이동 금속 이온(MMI) 방향 조사 를 완료했습니다. 이번 조사는 Coronation 지역에서 수행되었으며, MMI의 깊이 묻힌 광물 매장지 탐지 효과를 테스트하는 것을 목표로 하였습니다.

주요 사항:

  • 라라 부지는 4개의 광물 권리에 (~1848.1 헥타르) 해당하며, 1년 내내 도로 접근이 가능합니다.
  • MMI 샘플링은 알려진 광물화 위에 작은 격자로 수행되었습니다.
  • 결과는 기저 광물화와 표면 MMI 데이터 간의 강한 상관관계를 보여주었습니다.
  • 동쪽으로 125미터, 남쪽으로 200미터에 걸쳐 강력한 다중 원소 이상이 감지되었습니다.
  • 이상은 Coronation 지역의 대규모 황화물 광물화와 잘 상관관계가 있습니다.

노바 퍼시픽의 CEO인 말콤 벨(Malcolm Bell)은 이러한 결과가 기존 지역 외의 알려진 광물화 경향을 평가하는 데 유용할 것이라고 밝혔습니다.

Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) a terminé une enquête d'orientation sur les Ions Métalliques Mobiles (MMI) sur le dépôt de sulfures massifs volcanogènes de Lara (VMS) en Colombie-Britannique, Canada. L'enquête, menée sur la zone de Coronation, visait à tester l'efficacité du MMI pour détecter les dépôts minéraux profondément enfouis.

Points clés :

  • La propriété Lara comprend 4 revendications minières (~1848,1 ha) et est accessible par la route toute l'année.
  • Le prélèvement MMI a été effectué sur une petite grille au-dessus d'une minéralisation connue.
  • Les résultats ont montré une forte corrélation entre la minéralisation sous-jacente et les données de surface MMI.
  • Une forte anomalie multi-élément a été détectée, s'étendant vers l'est sur 125 mètres et vers le sud sur 200 mètres.
  • L'anomalie corrèle bien avec la minéralisation de sulfures massifs de la zone de Coronation.

Le PDG de Nova Pacific, Malcolm Bell, a déclaré que ces résultats seront précieux pour évaluer les tendances minéralisantes connues en dehors des zones existantes.

Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) hat eine Mobile Metal Ion (MMI) Orientierungsuntersuchung am Lara vulkanogenen Massenschwefel (VMS) Lagerstätte in British Columbia, Kanada, abgeschlossen. Die Untersuchung, die über die Coronation-Zone durchgeführt wurde, zielte darauf ab, die Wirksamkeit von MMI bei der Auffindung tief liegender Mineralvorkommen zu testen.

Wichtige Punkte:

  • Die Lara-Immobilie umfasst 4 Mineralansprüche (~1848,1 ha) und ist ganzjährig über Straßen zugänglich.
  • Das MMI-Sampling wurde über einem kleinen Raster über einer bekannten Mineralisierung durchgeführt.
  • Die Ergebnisse zeigten eine starke Korrelation zwischen der zugrunde liegenden Mineralisierung und den MMI-Daten an der Oberfläche.
  • Es wurde eine starke Multi-Element-Anomalie festgestellt, die sich 125 Meter nach Osten und 200 Meter nach Süden erstreckt.
  • Die Anomalie korreliert gut mit der massiven Sulfidmineralisierung der Coronation-Zone.

Der CEO von Nova Pacific, Malcolm Bell, äußerte, dass diese Ergebnisse wertvoll sein werden, um bekannte mineralisierende Trends außerhalb bestehender Zonen zu bewerten.

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Vancouver, British Columbia--(Newsfile Corp. - July 31, 2024) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (the "Company," or "Nova Pacific") is pleased to announce that it has received results from a recent Mobile Metal Ion (MMI) orientation survey at the Lara volcanogenic massive sulphide (VMS) deposit located 15 km west of the port of Chemainus, British Columbia, Canada. The Lara Property comprises 4 mineral claims (~1848.1 ha) and is road accessible year-round via a network of logging roads throughout the claims.

MMI Soil Sampling

MMI is an innovative, high-resolution soil geochemistry exploration tool that is especially well-suited for deeply buried mineral deposits. The advantages of MMI soil geochemistry include the definition of sharp anomalies with few false anomalies, repeatability, defined metal zones and associations and low noise and limits of detection.

MMI orientation sampling was carried out on a small grid over known mineralization, namely the Coronation Zone, within the Lara Property. The mineralization is defined as a Kuroko style of massive zinc-lead-copper sulphides containing significant values of gold and silver. The purpose of the survey was to test the effectiveness of this technique in responding to this type of mineralization for future exploration on the Lara Property.

"Results of the MMI survey were successful in establishing correlation between underlying mineralization and the surface signature presented by MMI assay data when plotted for each element analysed. This will be extremely valuable when evaluating known mineralizing trends outside of the Main Coronation Zone, the Coronation Extension Zone, and the Hanging Wall zone where the existing mineral resource was established prior to the downturn in mineral prices in the late 1980's. Additional MMI surveys will be incorporated into Nova's exploration plans in the near future "commented Nova Pacific's CEO, Mr. Malcolm Bell.

The sampling was carried out along four survey lines with a 100-meter separation and a sampling interval of 25 meters. Each line was 500 meters long for a total survey length of 2,000 meters. This resulted in 84 samples which were taken into the laboratory at SGS Canada located in Burnaby, BC, with the testing including a 53-element MMI-M package. These results have now been received and colour contour plan maps were then created for 15 of the elements, five of which namely silver, gold, copper, nickel, zinc, and lead (Figure 1).

Cannot view this image? Visit: https://images.newsfilecorp.com/files/10425/218296_9307a8f374d59a87_001.jpg

Figure 1. surface Projection, Heberlein & Dunn, 2017

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10425/218296_9307a8f374d59a87_001full.jpg

The main feature of the MMI survey results is a strong multi-element anomaly that strikes easterly for 125 meters and then southerly for 200 meters with it being open to the west and to the south. Importantly, the anomaly correlates well with the massive sulphide mineralization of the Coronation Zone and thus MMI soil sampling appears to be an effective exploration tool on the Lara property.

Qualified Person

The technical information in this news release has been reviewed and approved by David Nelles, P.Geo., a consultant to the company and a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI43-101").

About Nova Pacific

Nova Pacific is a Canadian exploration and development company focused on pursuing projects with a significant mineral discovery thus providing a viable pathway to potential development. The key projects owned by the Company are its recently acquired Lara VMS project located on Vancouver Island, British Columbia and its Deer Musk West Lithium project located in Clayton Valley, Nevada. The Company intends to continue its exploration and development efforts on its mineral projects with a view towards maximizing shareholder value.

For additional Information please visit: www.novapacificmetals.com.

Rights of Indigenous Communities Statement

Nova Pacific Metals recognizes the Rights of all Indigenous Peoples of Canada. Nova is committed to consultation and accommodation with the Hul'qumi'num Treaty Group communities on whose Traditional, Ancestral and Unceded Territory the Lara Property is located. The Hul'qumi'num Treaty Group is a politically unified group that represents six Hul'qumi'num-speaking First Nations: Cowichan, Stz'uminus, Penelakut, Lyackson, Halalt, and Lake Cowichan.

On behalf of the Board of Directors

J. Malcolm Bell
Chief Executive Officer, Director

For Further Information, please contact:

Nova Pacific Metals Corp.
Investor Inquiries
info@novapacificmetals.com
+1-416-918-6785

The Canadian Securities Exchange has not in any way passed upon the merits of the matters referenced herein and has neither approved nor disapproved the contents of this news release.

Forward-Looking Information

Certain statements contained in this news release may constitute forward‐looking information. Forward‐looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward‐looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward‐looking information. The Company's actual results could differ materially from those anticipated in this forward‐looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, changes to the Company's strategic growth plans, and other factors, many of which are beyond the control of the Company. The Company believes that the expectations reflected in the forward‐looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking information should not be unduly relied upon. Any forward‐looking information contained in this news release represents the Company's expectations as of the date hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward‐looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218296

FAQ

What is the significance of Nova Pacific's MMI survey results at the Lara deposit?

The MMI survey results at the Lara deposit showed a strong correlation between underlying mineralization and surface MMI data, indicating that MMI soil sampling is an effective exploration tool for the property. This will help Nova Pacific (NVPCF) evaluate known mineralizing trends outside of existing zones.

Where is the Lara VMS deposit located and what is its accessibility?

The Lara VMS deposit is located 15 km west of the port of Chemainus, British Columbia, Canada. The property comprises 4 mineral claims (~1848.1 ha) and is road accessible year-round via a network of logging roads throughout the claims.

What were the key findings of Nova Pacific's MMI survey at the Lara deposit?

The key findings of Nova Pacific's (NVPCF) MMI survey at the Lara deposit include a strong multi-element anomaly striking easterly for 125 meters and southerly for 200 meters, open to the west and south. The anomaly correlates well with the massive sulphide mineralization of the Coronation Zone.

How was the MMI survey conducted at the Lara deposit?

The MMI survey at the Lara deposit was conducted along four survey lines with 100-meter separation and 25-meter sampling intervals. Each line was 500 meters long, resulting in 84 samples tested for a 53-element MMI-M package at SGS Canada in Burnaby, BC.

What are the advantages of using MMI soil geochemistry for mineral exploration?

The advantages of MMI soil geochemistry include the definition of sharp anomalies with few false positives, repeatability, defined metal zones and associations, and low noise with low limits of detection. It is especially well-suited for detecting deeply buried mineral deposits.

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