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Nova Pacific Metals Announces Director Appointment

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Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) has appointed geoscientist David Mark, P. Geo., as a director of the Company. Mr. Mark brings over 56 years of experience in mining exploration, geotechnical, and environmental geophysics. He is currently the head of Geotronics Consulting Inc., which offers various services including seismic surveys, induced polarisation, and project management.

CEO Malcolm Bell expressed excitement about Mark's addition to the Board, citing his expertise in the mineral exploration sector. David Mark believes he can contribute significantly to the exploration and development of the Lara Project, which he considers analogous to the notable Myra Falls deposit. In connection with the appointment, Nova Pacific granted Mr. Mark 125,000 incentive stock options, exercisable at $0.37 per share for five years.

Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) ha nominato il geoscienziato David Mark, P. Geo., come direttore della Società. Il Sig. Mark porta con sé oltre 56 anni di esperienza nell'esplorazione mineraria, geotecnica e geofisica ambientale. Attualmente è a capo di Geotronics Consulting Inc., che offre vari servizi tra cui sondaggi sismici, polarizzazione indotta e gestione di progetti.

Il CEO Malcolm Bell ha espresso entusiasmo per l'aggiunta di Mark al Consiglio, citando la sua esperienza nel settore dell'esplorazione mineraria. David Mark crede di poter contribuire in modo significativo all'esplorazione e allo sviluppo del Progetto Lara, che considera analogo al noto deposito di Myra Falls. In relazione alla nomina, Nova Pacific ha concesso al Sig. Mark 125.000 stock option incentive, esercitabili a $0,37 per azione per cinque anni.

Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) ha nombrado a el geocientífico David Mark, P. Geo. como director de la Compañía. El Sr. Mark aporta más de 56 años de experiencia en exploración minera, geotecnia y geofísica ambiental. Actualmente, es el director de Geotronics Consulting Inc., que ofrece varios servicios, incluidos estudios sísmicos, polarización inducida y gestión de proyectos.

El CEO Malcolm Bell expresó su entusiasmo por la incorporación de Mark a la Junta, citando su experiencia en el sector de exploración de minerales. David Mark cree que puede contribuir significativamente a la exploración y desarrollo del Proyecto Lara, que considera análogo al notable depósito de Myra Falls. En relación con el nombramiento, Nova Pacific otorgó al Sr. Mark 125,000 opciones sobre acciones de incentivo, que se pueden ejercer a $0.37 por acción durante cinco años.

노바 퍼시픽 메탈스 Corp. (CSE: NVPC) (OTCQB: NVPCF)는 지질학자 데이비드 마크, P. Geo.를 회사 이사로 임명했습니다. 마크 씨는 56년 이상의 경험을 갖추고 있으며, 광업 탐사, 지반 기술 및 환경 지구 물리학 분야에서 활동해왔습니다. 그는 현재 지오트로닉스 컨설팅 주식회사(Geotronics Consulting Inc.)의 대표로, 이 회사는 지진 조사, 유도 분극 및 프로젝트 관리와 같은 다양한 서비스를 제공합니다.

CEO 말콤 벨(Malcolm Bell)은 마크의 이사회 합류에 대한 기대감을 표현하며, 그가 광물 탐사 분야에서 쌓아온 전문성을 강조했습니다. 데이비드 마크는 그가 라라 프로젝트의 탐사 및 개발에 크게 기여할 수 있다고 믿고 있으며, 이 프로젝트는 주목할 만한 마이라 폴스(Myra Falls) 광산과 유사하다고 생각합니다. 이번 임명과 관련하여 노바 퍼시픽은 마크 씨에게 125,000개의 인센티브 주식 옵션을 부여하였으며, 이는 5년 동안 주당 $0.37에 행사할 수 있습니다.

Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) a nommé le géoscientifique David Mark, P. Geo., au poste de directeur de la Société. M. Mark possède plus de 56 ans d'expérience dans l'exploration minière, la géotechnique et la géophysique environnementale. Il est actuellement à la tête de Geotronics Consulting Inc., qui propose divers services comprenant des études sismiques, la polarisation induite et la gestion de projets.

Le PDG Malcolm Bell a exprimé son enthousiasme quant à l'ajout de Mark au Conseil d'administration, citant son expertise dans le secteur de l'exploration minérale. David Mark est convaincu qu'il peut contribuer de manière significative à l'exploration et au développement du Projet Lara, qu'il considère comme analogue au notable dépôt de Myra Falls. En lien avec cette nomination, Nova Pacific a accordé à M. Mark 125 000 options d'actions incitatives, exerçables à 0,37 $ par action pendant cinq ans.

Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) hat den Geowissenschaftler David Mark, P. Geo. zum Direktor des Unternehmens ernannt. Herr Mark bringt über 56 Jahre Erfahrung in der Bergbauerforschung, Geotechnik und Umweltgeophysik mit. Derzeit leitet er die Geotronics Consulting Inc., die verschiedene Dienstleistungen wie seismische Untersuchungen, induzierte Polarisation und Projektmanagement anbietet.

CEO Malcolm Bell äußerte sich begeistert über Marks Hinzuzufügung zum Vorstand und hob seine Expertise im Bereich der Mineralexploration hervor. David Mark ist überzeugt, dass er erheblich zur Erkundung und Entwicklung des Lara-Projekts beitragen kann, das er als analog zu dem bemerkenswerten Myra Falls-Vorkommen betrachtet. Im Zusammenhang mit der Ernennung gewährte Nova Pacific Herrn Mark 125.000 Anreizoptionsscheine, die fünf Jahre lang zu einem Preis von $0,37 pro Aktie ausgeübt werden können.

Positive
  • Appointment of experienced geoscientist David Mark to the Board of Directors
  • Potential for significant contribution to the Lara Project exploration and development
  • Lara Project's geological setting and grade analogous to the notable Myra Falls deposit
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - September 18, 2024) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (the "Company" or "Nova Pacific") is pleased to announce the appointment of geoscientist David Mark, P. Geo., as a director of the Company.

Mr. Mark has over 56 years of experience in mining exploration, geotechnical, and environmental geophysics, and is currently the head of Geotronics Consulting Inc. He began working in the mining industry in 1965 and graduated from the University of British Columbia in 1968 with a major in Geophysics. Mr. Mark became chief geophysicist of Geotronics in 1969 and acquired control of the company outright in 1972. Geotronics offers a wide variety of services, including seismic reflection and refraction, induced polarisation, various types of EM, gravity, magnetic, and soil sampling surveys (including MMI), as well as project management.

Malcolm Bell, CEO of Nova Pacific, commented, "We are very excited to have David Mark join our Board of Directors. Dave's addition is a testament to our shared vision for the advancement of the Lara deposit. Dave brings a lifetime of expertise in the mineral exploration sector and we are all grateful for his future contributions to the success of Nova Pacific Metals."

David Mark commented, "I am very pleased to join Nova Pacific Metals as a non-executive member of the Board. I believe I can make a significant contribution to the exploration and development of the Lara Project, which is closely analogous, in geological setting and grade, to the notable Myra Falls deposit located 140 km to the northwest. Myra Falls deposit was the largest producing VMS mine in western Canada with combined production and proven and probable reserves in excess of 40 million tonnes of Zn-Cu-Au-Ag sulfides. With a high-grade VMS deposit already drill-outlined on the Lara Property, I believe continuing drilling along strike and at depth has the potential to add significant tonnage and grade to the deposit."

In connection with the appointment, Nova Pacific granted Mr. Mark 125,000 incentive stock options, each of which vests immediately, is exercisable into one common share of the Company at a price of $0.37 per share for a period of five years, and is governed by the terms of Nova Pacific's stock option plan.

About Nova Pacific Metals Corp.

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 project being developed by the Company is its recently acquired Lara VMS Project located on southern Vancouver Island, British Columbia. The Lara Project is principally a brownfields development asset with excellent potential for expansion and near-term production.

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

Rights of Indigenous Communities Statement

Nova Pacific recognizes the Rights of all Indigenous Peoples of Canada. The Company 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/223703

FAQ

Who is the newly appointed director of Nova Pacific Metals (NVPCF)?

Nova Pacific Metals (NVPCF) has appointed geoscientist David Mark, P. Geo., as a new director of the Company on September 18, 2024.

What experience does David Mark bring to Nova Pacific Metals (NVPCF)?

David Mark brings over 56 years of experience in mining exploration, geotechnical, and environmental geophysics to Nova Pacific Metals (NVPCF). He is currently the head of Geotronics Consulting Inc.

What project is Nova Pacific Metals (NVPCF) currently focusing on?

Nova Pacific Metals (NVPCF) is currently focusing on the Lara Project, which is considered analogous in geological setting and grade to the notable Myra Falls deposit.

What stock options were granted to David Mark by Nova Pacific Metals (NVPCF)?

Nova Pacific Metals (NVPCF) granted David Mark 125,000 incentive stock options, exercisable at $0.37 per share for a period of five years.

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