Nova Pacific Metals Corp. Reports High-Grade Intersection at Lara Project
Exploration Update
Nova Pacific Metals Corp. has announced an exciting discovery at their Lara Project in British Columbia. The company reported an impressive intersection of 2.2 meters at 21.7 g/t Au, 418 g/t Ag, 48.12% Zn, 4.59% Pb, and 2.67% Cu, with 1,425 g/t Sb. These results were obtained from a backpack drilling program conducted on the Coronation Zone of the project.
Exploration Details
The drilling program involved six BQ-sized holes that totaled 18.11 meters. The holes were drilled from two closely spaced collars using a Shaw backpack drill. The main objective of the program was to confirm historic grades and gather modern trace geochemistry information for the massive sulfide mineralization in the Coronation Zone.
This significant intersection underscores the potential of the Lara Project and highlights the presence of high-grade mineralization on the property. Nova Pacific Metals Corp. is excited about the prospects for further exploration and development at the site.
How This Discovery Will Impact Me
As an investor in the mining sector, this discovery could have a positive impact on your portfolio. The high-grade intersection at the Lara Project indicates the presence of valuable minerals, which may increase the overall value of Nova Pacific Metals Corp. If further exploration confirms the extent of the mineralization, it could lead to significant growth in the company’s stock price.
Global Implications
From a global perspective, discoveries of high-grade mineralization are always of interest to the mining industry. The Nova Pacific Metals Corp. find at the Lara Project demonstrates the continued potential for significant mineral deposits to be uncovered in established mining regions like British Columbia. This discovery may attract further investment in the region and spur additional exploration activity, which could ultimately benefit the world’s mineral supply chain.
Conclusion
The high-grade intersection reported by Nova Pacific Metals Corp. at the Lara Project is a promising development for the company and the mining industry as a whole. The impressive results highlight the potential for significant mineralization at the site and bode well for future exploration efforts. Investors and industry stakeholders alike will be eagerly watching for further updates as Nova Pacific continues to unlock the full potential of the Lara Project.
