Vancouver, British Columbia--(Newsfile Corp. - August 21, 2024) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ10) (WKN: A40GFH) (the "Company," or "Nova Pacific") is pleased to provide an update related to the ongoing advancement of the Lara Project.

Recent compilation of historic drill hole data from the Coronation Zone has suggested a possible association between high-grade zinc, copper and lead intersections up to 17.46 m and significant precious metal grades (Table 1). These results highlight the polymetallic nature of the Lara volcanogenic massive sulphide deposit modelled as six discrete zones with a total strike length of approximately 1,180 meters.

Within the current claim boundaries, substantial work by Laramide Resources during the 1980's included over 323 drill holes totalling 58,262 meters, complete with 679 meters of pre-production underground access and drifting. Unfortunately, further development and production of the deposit stalled in 1989 due to a severe downturn in the economy and the resultant fall of metal prices.

Most of the drilling has been concentrated within the Coronation Trend, one of four mineralized trends identified on the southwest slopes of Coronation Mountain. A considerable number of these drill holes have returned high-grade results for gold, silver, zinc, copper and lead. see & read more on
https://www.newsfilecorp.com/release/220641/