Exploration Drilling Campaign At The Coronation Area Of Lara VMS Project

VANCOUVER - Nova Pacific Metals Corp. reported on the first four holes, totaling 582 metres (m), of its ongoing 8,700-m exploration drilling campaign at the Coronation area of its Lara VMS Project on Vancouver Island. The Lara Project spans a 17-km belt of the McLaughlin Ridge Formation, which is correlative with the volcanic package that hosts the past-producing Myra Falls VMS Mine, 140 km to the northwest.

Hole NP25-004 intersected 16.2 m grading 3.3 g/t AuEq or 8.55% ZnEq (1.5 g/t Au, 2.17% Zn, 53.5 g/t Ag, 0.42% Cu, 0.52% Pb) from 85 m downhole, including 11.1 g/t AuEq or 26.37% ZnEq (7.6 g/t Au, 2.51% Zn 58.0 g/t Ag, 1.70% Cu, and 0.81% Pb). Hole NP25-001 intersected 17.64 m grading 1.92 g/t AuEq or 4.28% ZnEq (0.7 g/t Au, 1.25% Zn, 17.7 g/t Ag, 0.29% Cu, 0.18% Pb) from 86.6 m downhole. Hole NP25-002 intersected 9.0 m grading 2.1 g/t AuEq or 5.32% ZnEq (0.9 g/t Au, 1.30% Zn, 28.3 g/t Ag, 0.36% Cu, 0.19% Pb) from 84.75 m downhole. Drilling is ongoing with assays pending from 7 additional holes (1,250 m). Mineral resource estimate targeted for Q4/2025.

Sam Eskandari, CEO, said, "We're excited by the initial results from the first four holes—each intersected mineralization, including several intervals enriched with precious metals. These early results are validating our exploration model and are consistent with historical drilling in this portion of the Coronation deposit, reinforcing our confidence in the dataset we're working to verify. That same dataset supported a historical mineral resource. While much of the remaining program at Coronation will focus on verification, we're also stepping out to test down-plunge extensions that could potentially grow the deposit. Coronation is just one of many targets within our 17-km long VMS belt, which remains underexplored despite its position in the highly prospective McLaughlin Ridge Formation, a volcanic sequence correlative to the rocks that hosts the past-producing Myra Falls VMS Mine."