Welcome to our dedicated page for Nova Pacific Metals news (Ticker: NVPCF), a resource for investors and traders seeking the latest updates and insights on Nova Pacific Metals stock.
Nova Pacific Metals Corp (NVPCF) is a Canadian mineral exploration company focused on advancing volcanogenic massive sulfide (VMS) deposits through systematic technical programs. This page serves as the definitive source for NVPCF news, providing investors and industry observers with verified press releases and operational updates.
Access real-time announcements covering drilling results, financial reports, strategic acquisitions, and technical evaluations. Our curated collection ensures transparent access to critical developments including resource estimations, exploration milestones, and leadership changes.
Key content categories include drilling program outcomes, private placement financings, land acquisition updates, and NI 43-101 technical reports. All materials are sourced directly from company disclosures to maintain accuracy and compliance with financial reporting standards.
Bookmark this page for streamlined tracking of NVPCF's progress in developing its flagship Lara Project and other exploration initiatives. Return regularly for unfiltered access to primary source materials essential for informed analysis of the company's trajectory.
Nova Pacific Metals (NVPCF) has appointed Zachary Kotowych to its Board of Directors. Kotowych brings nearly a decade of experience in mining and capital markets, currently serving as CEO of Troubadour Resources. His background includes corporate development roles at Abitibi Metals Corp. and equity research positions at Haywood Securities and Red Cloud Securities. He holds an M.Sc. in Geophysics and B.Sc. in Mathematics and Geology from the University of Toronto.
Additionally, the company announced the extension of 7,410,000 share purchase warrants' expiry date from May 31, 2025, to May 31, 2026. These warrants, originally issued on May 31, 2021, are exercisable at $0.40 per share.
Nova Pacific Metals Corp. (NVPCF) has announced the commencement of its Phase 1 diamond drill program at the Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia in early May 2025. The program includes 39 holes over 8,500 metres of drilling along the Coronation Trend.
The Lara Project spans 4,671 hectares and contains a historical resource estimate of 1,146,700 tonnes at 3.01% Zn, 32.97 g/t Ag, 1.05% Cu, 0.58% Pb and 1.97g/t Au, plus an inferred resource of 669,600 tonnes at 2.26% Zn, 32.99 g/t Ag, 0.90% Cu, 0.44% Pb and 1.90 g/t Au. The project features three mineralized zones along the Coronation Trend and six additional underexplored zones.
Nova Pacific Metals (NVPCF) has secured a drilling permit from the British Columbia Ministry of Mining for its Lara VMS Project on Vancouver Island. The permit allows for a 10,000-meter diamond drill program comprising 50 drill holes, aimed at confirming historical mineral resources and completing an updated Mineral Resource Estimate (MRE) by September.
The Lara deposit, classified as Kuroko-type VMS, contains three mineralized zones along the Coronation Trend spanning 1.5 kilometers. Historical resource estimates at 1% zinc cut-off indicate 1,146,700 tonnes in the Indicated category with 3.01% zinc, 32.97 g/t silver, 1.05% copper, 0.58% lead, and 1.97 g/t gold. At 2% zinc cut-off, Indicated resources show 428,600 tonnes with higher grades of 5.65% zinc, 47.04 g/t silver, 2.25% copper, 1.18% lead, and 2.39 g/t gold.
The company recently completed a flow-through financing of $2,640,540 to support the project's advancement. Tripoint Geological Services will manage the drill program, which builds upon previous work including 50,000m of historical drilling and 650m of preproduction underground development.
Nova Pacific Metals (NVPCF) has expanded its Lara Project by staking two additional claims (B&B 4 and 5) totaling 912.38 hectares. The expansion extends the company's control of highly prospective stratigraphy to 17 kilometers along the McLaughlin Ridge Formation, host to the Lara VMS deposit.
Historical exploration data reveals significant findings in the newly acquired area, including samples with up to 2.34 g/t Au and 2.000% Cu. The company has submitted a drill permit application for up to 10,000 meters in 50 diamond drill holes, with recent completion of a flow-through financing of $2,640,540 to fully fund the program.
Nova Pacific aims to establish an updated Mineral Resource Estimate by mid-summer, focusing initially on drill confirmation of the Lara deposit while developing targets for future drill programs.
Nova Pacific Metals (NVPCF) has announced promising confirmation sampling results from the Anita zone, an extension of its flagship Lara Project on Vancouver Island, British Columbia. Surface grab samples revealed significant mineralization with values of 3.28 g/t Au, 418 g/t Ag, and 4.77% Cu.
The company reports higher copper grades at Anita compared to the Lara deposit, with similar gold and silver values to the Coronation Zone. These results confirm historical findings from Falconbridge in the 1980s.
Future exploration plans include a 10,000m targeted drilling program, geophysical and geochemical surveys, and initial metallurgical studies. The company aims to delineate mineralization extent and identify new areas of interest at the Lara Project.
Nova Pacific Metals Corp (CSE: NVPC) (OTCQB: NVPCF) has announced its participation in Red Cloud's 13th Annual Pre-PDAC Mining Showcase, scheduled for February 27 & 28, 2025, at The Omni King Edward Hotel in Toronto.
The conference will feature presentations from over 80 companies and facilitate more than 600 one-on-one meetings. The event includes exclusive keynote speeches from leading figures in mining and finance, providing networking and industry insight opportunities.
Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) has provided a corporate update highlighting recent achievements and future plans for growth in critical and precious metals markets. The company's flagship Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia, is positioned as their cornerstone for growth.
Key developments include:
- Submission of a drill permit application for up to 10,000 meters in 50 diamond drill holes, with approval expected soon
- Expansion of the planned drill program to 10,000 meters following analysis of historical data
- Completion of a $2,640,540 flow-through financing on December 17, 2024, fully funding the intended drill program
- Enhancement of the existing database incorporating data from 226 historical drill holes
- Confirmation of high-grade zones through man-portable drilling with impressive intercepts including 21.7 g/t Gold and 48.12% Zinc
- Strategic expansion through the acquisition of the Anita Property (658 hectares) and additional westward expansion of 976 hectares announced February 19, 2025
CEO J. Malcolm Bell stated that the upcoming drill program aims to establish an updated Mineral Resource Estimate to advance toward a mining permit application.
Nova Pacific Metals (NVPCF) has announced a strategic expansion of its Lara Project on Vancouver Island, BC, acquiring three contiguous mineral claims totaling 976 hectares. The expansion includes two significant prospects, Lady A and Lady C, which are stratabound exhalative, banded iron deposits located 900m apart. The Lady A prospect extends over 100m with a 20m width, while Lady C shows a 53m strike length and 30m thickness.
The newly acquired claims present geological targets for large massive sulphide deposits of precious metals, zinc, and copper in an established VMS district. The company plans a 10,000m drilling program, geophysical and geochemical surveys, and initial metallurgical studies. The claims were acquired from two directors for nominal out-of-pocket expenses, with no equity issuance involved.
Nova Pacific Metals Corp (CSE: NVPC) (OTCQB: NVPCF) has announced two significant developments. First, the company has appointed Craig Williams, a Canadian mining industry veteran, to its strategic advisory board. Williams, who is the Owner and President of Red River Energy Consultants, brings extensive experience having overseen projects valued at over US$1 billion in exploration and resource definition, with clients including Suncor Energy, BP, and Syncrude Canada LP.
Additionally, the company has entered into an investor relations agreement with i2i Marketing Group, for corporate marketing and investor awareness services. The agreement, dated February 4th, 2025, involves an initial payment of $350,000 USD for a six-month term ending August 3rd, 2025. The services include content creation management, author sourcing, project management, and media distribution.
Nova Pacific Metals (CSE: NVPC) (OTCQB: NVPCF) has announced the formation of a Strategic Advisory Board with the appointment of two industry veterans: Dr. Tom Setterfield, PhD, P.Geo., and Mr. Scott Young. Dr. Setterfield brings 44 years of international exploration experience, specializing in IOCG, epithermal Au, and VMS deposit types, with a PhD from Cambridge University. His expertise includes significant work on VMS deposits globally and successful ventures with companies like QGX and TerraX Minerals.
Mr. Scott Young contributes expertise in corporate development, fundraising, and strategic planning across various sectors. Additionally, the company has amended the exercise price of 7,410,000 share purchase warrants from $0.50 to $0.40 per common share, with expiration scheduled for May 31, 2025.
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