Mr. Malcolm Bell reports

NOVA PACIFIC METALS COMPLETES PRELIMINARY FIELD RECONNAISSANCE AND ENTERS INTO MARKETING AGREEMENTS

Nova Pacific Metals Corp. has successfully completed the archaeology preliminary field reconnaissance (PFR) report for its Lara VMS property near Duncan, B.C. The report has been submitted to the Ministry of Energy, Mines and Low Carbon Innovation as part of the company's notice of work (NOW).

The field portion of the PFR was conducted on Sept. 20, 2024, by Context Archaeology Consulting Ltd., accompanied by representatives from both Cowichan First Nations and Nova Pacific. The primary objectives of the study were to:

• Determine the presence of archaeological sites or potential, if any, within the area of interest (AOI);
• Identify areas with high potential to contain protected archaeological resources;
• Record any archaeological sites;
• Provide recommendations for future archaeological studies.

Following a thorough assessment, Context Archaeology reported that the AOI is evaluated as having low archaeological potential. As a result, no further archaeological studies are recommended for the proposed project area.

J. Malcolm Bell, chief executive officer of Nova Pacific, commented on the significance of this development: "The completion of the Archaeology PFR marks an important step for Nova Pacific as we advance the Lara project. This process not only ensures our compliance with regulatory requirements but also demonstrates our commitment to fostering positive relationships and accommodation with nearby aboriginal communities. We are pleased with the findings in the report and look forward to progressing our work at the Lara VMS property while maintaining our focus on responsible and respectful development."

Nova Pacific has provided the final PFR report to the Ministry of Energy, Mines and Low Carbon Innovation with copies going to first nation communities, further underlining the company's commitment to transparency and collaboration.

In addition, Nova Pacific announces that the company has entered into marketing agreements as displayed herein.

Native Ads Inc. agreement

Nova Pacific has entered into a service agreement with Native Ads dated Oct. 30, 2024, pursuant to which Native Ads will provide a marketing campaign for a total retainer of up to $260,000 (U.S.), with a term of six months or until the retainer is depleted. Under the agreement, Native Ads will execute a comprehensive digital media advertising campaign for the company which includes content creation, Web development, search engine optimization, campaign reporting and optimization.

The company will not issue any securities to Native Ads as compensation for its marketing services. As of the date hereof, to the company's knowledge, Native Ads (including its directors and officers) does not own any securities of the company and has an arm's-length relationship with the company.

Alphai News Corp. agreement

The company has entered into a service agreement with Alphai News dated Oct. 30, 2024, pursuant to which Alphai News will provide marketing services for a total retainer of up to $75,000 (plus GST), with a term of three months, or until the retainer is depleted. The company in its sole discretion can decide to extend the agreement on a monthly basis. Under the agreement, Alphai News shall, as appropriate, create campaigns, ad groups, text ads, display ads, perform detailed keyword research, setup and manage remarketing campaigns, optimize keyword options, co-ordinate on-line advertisers and marketers corresponding to on-line marketing targets, create landing pages for ad campaigns, and generally bring attention to the business of the company.

The company will not issue any securities to Alphai News as compensation for its marketing services. As of the date hereof, to the company's knowledge, Alphai News (including its directors and officers) does not own any securities of the company and has an arm's-length relationship with the company.

About Nova Pacific Metals Corp.

Nova Pacific is a Canadian exploration and development company focused on pursuing projects with a significant mineral discovery thus providing a viable pathway to potential development. The key project being developed by the company is its recently acquired Lara VMS project located on southern Vancouver Island, B.C. The Lara project is principally a brownfields development asset with excellent potential for expansion and near-term production.

We seek Safe Harbor.