Nova Pacific Metals Update: Expanded Lara Project, Secured Funding, and Upcoming Drill Program

Core Insights - Nova Pacific Metals Corp. is focused on growth in the critical and precious metals markets through strategic acquisitions and project advancements [1] - The flagship Lara VMS Project aims to establish an updated Mineral Resource Estimate and move towards a mining permit application [2][4] - The company emphasizes building strong relationships with Indigenous communities and fostering shared prosperity [3] Company Overview - Nova Pacific is a Canadian exploration and development company centered on the Lara VMS Project located on Vancouver Island, British Columbia [4] - The project is characterized as a brownfields, polymetallic development with significant historic resources rich in critical and precious metals [4] - The company plans to conduct confirmation and infill drilling in spring, complete an updated mineral resource estimate, and prepare a Pre-Feasibility Study by late Q3 if necessary [6] Strategic Plans - The upcoming drill program is designed to unlock the potential of the Lara project and advance towards a mining permit application [2][6] - The company is committed to creating shareholder value while maintaining environmental responsibility and strong community relationships [6]