Nova Pacific Metals’ Lara Property is situated in the belt of rocks that hosts the nearby Mt. Sicker VMS deposits, in a geological setting similar to the Myra Falls Mine (pre-mining resource estimate of over 40 Mt grading 1.8% Cu, 6.1% Zn, 0.5% Pb, 49.0 g/t Ag & 2.1 g/t Au) to the northwest. Note to reader: Proximity to former producing mines may not be indicative of the potential of the Lara Project
The Property is underlain by a package of bimodal volcaniclastic rocks assigned to the McLaughlin Ridge Formation (MRF) of the Devonian Sicker Group, which hosts all of the massive sulphide mineralization. The MRF occurs at the core of an open anticline and is flanked by sedimentary rocks of the overlying Carboniferous-Permian Fourth Lake Formation of the Buttle Lake Group. These rocks have all been intruded by gabbros coeval with the Upper Triassic Karmutsen Formation, which together are unconformably overlain by clastic sediments of the Upper Cretaceous Nanaimo Group. Late, brittle faults, including at least one splay of the Fulford Fault, cut all these rocks.