New Pacific Metals Corp. today announces it has entered into a share purchase agreement with Silvercorp Metals Inc. , a control person of the Company, for the purchase by Silvercorp of 750,750 shares of Cozystay Holdings Inc. held by the Company for an aggregate purchase price of US$495,495 payable in cash . The Transaction is subject to the approval of the TSX Venture Exchange. As Silvercorp is a control person of the [...]
New Pacific Metals Corp. has granted an aggregate of 1,955,000 incentive stock options to certain directors, officers, employees, and consultants of the Company in accordance with the Company’s stock option plan today. The options are exercisable at a price of $2.15 per share, being the closing price of the shares on the TSX Venture Exchange on February 21, 2019, for a period of five years from the date of grant [...]
New Pacific Metals Corp. today announced its unaudited condensed consolidated interim financial results for the three and six months ended December 31, 2018. 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 [...]
New Pacific Metals Corp. is pleased to announce the second batch of drill results from its wholly-owned Silver Sand Project in Potosí Department, Bolivia. Figure 1: Core Photos Figure 2: Section 5250 As announced previously on the Company’s news release dated January 22, 2019, the drilling program commenced in mid-October 2017. A total of 55,010 metres in 195 HQ size diamond core drill holes had been [...]
New Pacific Metals Corp. is pleased to announce the preliminary results of the first metallurgical test work for its Silver Sand project in Potosi, Bolivia. Metallurgical sampling and test work commenced in September 2018 – the flotation recovery and bottle roll leaching test works for the transition and sulphide mineralized materials have been completed and test work on the oxides is under way. All tests, including [...]
New Pacific Metals Corp. is pleased to announce the appointment of Dr. Peter Megaw, Ph.D., C.P.G., as a technical advisor to the Company with the primary objective of providing strategic and technical advice to senior management. Dr. Megaw has a Ph.D. in geology from the University of Arizona and more than 35 years of relevant experience focused on silver and gold exploration. He has been instrumental in a number of [...]
Near Surface Silver Mineralization Intercepted in 94 out of 98 holes; Numerous Significant Intercepts include 76.63 metres grading 383 g/t New Pacific Metals Corp. is pleased to announce the first batch of drill results from its wholly-owned Silver Sand Project in Potosí Department, Bolivia. The drilling program commenced in mid-October 2017. A total of 55,010 metres in 195 HQ size diamond core drill holes had been [...]
Further to its press release of July 25, 2018, New Pacific Metals Corp. is pleased to announce that the Company, through its wholly-owned subsidiary, Empresa Minera Alcira S.A. , has entered into a Mining Production Contract with Corporación Minera de Bolivia granting the Company the right to carry out exploration, mining, and production activities in the areas adjoining the Company’s Silver Sand Project [...]
New Pacific Metals Corp.. is pleased to report that all matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, both dated October 25, 2018, were approved by the requisite majority of votes cast at the annual general meeting of the shareholders held on December 10, 2018 . The details of the voting results for the election of directors are set out below [...]
New Pacific Metals Corp. today announced its unaudited condensed consolidated interim financial results for the three months ended September 30, 2018. This earnings 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. today announced its audited consolidated financial results for the year ended June 30, 2018. This earnings 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 and are also available on the [...]
VANCOUVER, British Columbia, July 25, 2018 -- New Pacific Metals Corp. is pleased to announce that the Company and its wholly-owned subsidiary, Empresa Minera Alcira S.A. , signed a memorandum of understanding with Corporación Minera de Bolivia , allowing Alcira to explore and develop 38 mineral concessions adjoining south and west to Alcira’s Silver Sands project in the Potosi Department of Bolivia. The MOU [...]