Nova Lithium Corp. ( (TSE:NVPC) ) has issued an update.
Nova Pacific Metals Corp. has received a drilling permit from the British Columbia Ministry of Mining and Critical Minerals for its Lara VMS Project, allowing the company to commence a 10,000-meter diamond drill program. This program aims to confirm and potentially expand the historical mineral resource estimate of the Lara deposit, which is expected to be completed by September. The project is strategically significant due to rising metal prices and recent financing, positioning Nova Pacific for rapid advancement. The company emphasizes its commitment to community relationships and environmental responsibility.
More about Nova Lithium Corp.
Nova Pacific Metals Corp. is a Canadian exploration and development company focused on the Lara Volcanogenic Massive Sulfide (VMS) Project on Vancouver Island, British Columbia. The project is a brownfields development with a significant historic resource rich in critical and precious metals, situated in a prime location with excellent infrastructure. Nova Pacific aims to confirm and expand the mineral resource estimate through drilling and potentially prepare a Pre-Feasibility Study, while maintaining environmental responsibility and strong community relationships.
YTD Price Performance: -51.47%
Average Trading Volume: 328,308
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$8.03M
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