New Pacific Metals Corp. is pleased to announce the assay results of the third batch of 20 drill holes from its wholly-owned Silver Sand Project located in the Department of Potosí, Bolivia. The assay results continue to show wide intervals of silver mineralization. Since the release of assay results of second batch of 31 drill holes on August 6, 2019, the Company has received assay results of an additional 20 [...]
New Pacific Metals Corp. announces that the original news release captioned “New Pacific reports high recovery of silver from various metallurgical processes for sulphide, transition and oxide styles of mineralization from Silver Sand, Bolivia” published on August 20, 2019 referred, incorrectly, to the following: Under the “Highlights of the Completed Test Program” on page 1, the value for column [...]
New Pacific Metals Corp. is pleased to announce that Dr. Rui Feng, CEO and Director of the Company, has donated 200,000 shares of the Company to BC Parks Foundation, a registered non-profit organization . The Foundation’s mission is to enhance and pass on the legacy of British Columbia’s world class parks by catalyzing support and resources so that they flourish forever. The Foundation’s primary role is [...]
New Pacific Metals Corp. is pleased to announce the final results of a preliminary metallurgical test work program for its Silver Sand Project. The Company is very pleased with the positive results achieved so far from the completed test work. The results suggest that the mineralized materials from the Silver Sand Project would be amenable to processing using conventional flotation or whole ore cyanidation at atmospheric [...]
New Pacific Metals Corp. is pleased to announce the assay results of the second batch of 32 drill holes from its wholly-owned Silver Sand Project located in the Department of Potosí, Bolivia. The assay results continue to show wide intervals of silver mineralization. Currently there are three rigs operating on site with a fourth rig to arrive in August to expedite drilling at Silver Sand. Of the 32 drill holes, 19 [...]
New Pacific Metals Corp. is pleased to announce the assay results from the first eight drill holes from its wholly-owned Silver Sand Project located in the Department of Potosí, Bolivia. Drilling is on-going and the Company currently has three drill rigs on site. The 2019 drilling program at Silver Sand commenced in late April and is expected continue throughout rest of the year. These first eight holes were part [...]
New Pacific Metals Corp. today announced its unaudited condensed consolidated interim financial results for the three and nine months ended March 31, 2019. This news release should be read in conjunction with the Company's management discussion & analysis, financial statements and notes to financial statements for the corresponding period, which have been posted under the Company’s profile on SEDAR at www.sedar.com [...]
New Pacific Metals Corp. is pleased to announce that it has raised gross proceeds of $19,950,000 as a result of 9,500,000 previously issued common share purchase warrants being exercised by Pan American Silver Corp. and Silvercorp Metals Inc. . The Warrants were issued in connection with the Company’s strategic private placement of units completed in November 2017 pursuant to which Pan American subscribed for [...]
New Pacific Metals Corp. is pleased to announce that it has retained PI Financial Corp. to provide market making services in accordance with TSX Venture Exchange policies. PI will trade the securities of New Pacific on the TSX-V for the purposes of maintaining an orderly market. In consideration of the services provided by PI, the Company will pay PI a monthly cash fee of $5,000 for a minimum term of three months and [...]
New Pacific Metal Corp. is pleased to announce the commencement of the 2019 drill programs at the Silver Sand Project in the Department of Potosi, Bolivia. The total budgeted metreage for 2019 drilling campaign is about 55,000 metres of diamond coring drilling. The Silver Sand Project consists of three 100% owned concessions of approximately 7 square kilometres plus an area of approximately 57 square kilometres covered by [...]
New Pacific Metals Corp. is pleased to announce the appointment of Mr. Robert Cinits as Vice President, Corporate Development of the Company and Mr. David Turner as Project Manager effective April 22, 2019. Mr. Cinits has over 30 years of experience in the mineral resources industry with an extensive background in corporate development, M&A, exploration, project development, QA/QC, engineering studies, and NI 43-101 [...]
New Pacific Metals Corp. is issuing this news release to clarify and further explain its news release of March 28, 2019 announcing the sale and purchase of its position in Cozy Holdings Inc. for an aggregate purchase price of US$495,495 between the Company, as vendor, and Silvercorp Metals Inc. , as purchaser . On February 22, 2016, the Company acquired 750,750 shares of Cozystay Holdings Inc. at a cost of US$0.33 per [...]
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