Trading Symbol: Silvercorp Metals Inc. reports its financial and operating results for the three months ended September 30, 2023 . All amounts are expressed in US dollars, and figures may not add due to rounding. HIGHLIGHTS FOR Q2 FISCAL 2024 Mined 273,465 tonnes of ore, milled 261,107 tonnes of ore, and produced approximately 2,458 ounces of gold, 1.6 million ounces of silver, or approximately 1.8 million ounces of [...]
New Pacific Metals Corp. reports its financial results for the three months ended September 30, 2023. All figures are expressed in US dollars unless otherwise stated. FISCAL 2024 Q1 HIGHLIGHTS The Company filed its inaugural independent National Instrument 43-101 - Standards of Disclosure for Mineral Projects mineral resource estimate for its Carangas Project on September 18, 2023. Total indicated mineral resources of [...]
New Pacific Metals Corp. announced today that it has closed the bought deal financing that was previously announced on September 25, 2023. A total of 13,208,000 common shares of the Company were sold under the Offering at a price of C$2.65 per Offered Share for total gross proceeds of approximately C$35 million . The Offering was through a syndicate of underwriters , pursuant to the terms of an underwriting agreement [...]
New Pacific Metals Corp. announced today that it has entered into an agreement with Raymond James Ltd. and Eight Capital , on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 13,208,000 common shares of the Company at a price of C$2.65 per Common Share, for total gross proceeds of approximately C$35 million . The Company will also grant to the [...]
New Pacific Metals Corp. is pleased to announce filing of an independent Mineral Resource Estimate Technical Report for its Carangas Silver-Gold Project located in Oruro, Bolivia, with an effective date of August 25, 2023 . For details of the MRE results, please refer to the Company's news release dated September 5, 2023 filed under the Company's profile on SEDAR+ at www.sedarplus.ca, with the SEC on EDGAR at [...]
New Pacific Metals Corp. announces today that Dr. Rui Feng, New Pacific's founder and Chief Executive Officer , has stepped down as CEO. Andrew Williams has been appointed as CEO, effective immediately. Mr. Williams previously held the role of President of the Company. Dr. Feng will remain as a director of the Company until the AGM later in 2023, but will not stand for re-election as a director. The Company also welcomed [...]
New Pacific Metals Corp. is pleased to report the inaugural independent National Instrument 43?101 - Standards of Disclosure for Mineral Projects mineral resource estimate for its 98%-controlled Carangas silver-gold polymetallic deposit in Bolivia. The MRE was completed by RPMGlobal Ltd. . The effective date of the MRE is August 25, 2023. The Company will host a webcast to discuss the MRE on September 6, 2023 at 11:00 [...]
New Pacific Metals Corp. reports its financial results for the three months and year ended June 30, 2023. All figures are expressed in US dollars unless otherwise stated. FISCAL 2023 HIGHLIGHTS The Company filed its independent preliminary economic assessment technical report in respect of the Silver Sand Project on February 16, 2023. The PEA Technical Report shows a post-tax net present value of $726 million with an [...]
New Pacific Metals Corp. is pleased to announce that in order to replace its prior base shelf prospectus that expired on August 15, 2023, it has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada and a corresponding shelf registration statement on Form F-10 with the United States Securities and Exchange Commission . The Prospectus and the [...]
New Pacific Metals Corp. , together with its local Bolivian partner, reports assay results of the final 18 drill holes from its 2023 Q1 drill program at its Carangas Silver-Gold Project, Oruro Department, Bolivia . Assay results of all 39 holes totaling 17,623 meters have now been received and released. Detailed results and drill hole specifications are listed in Tables 1 and 2, and Figure 1. HIGHLIGHTS OF DRILL RESULTS [...]
New Pacific Metals Corp. , together with its local Bolivian partner, reports assay results of the first 21 drill holes from its 2023 Q1 drill program at its Carangas Silver-Gold Project, Oruro Department, Bolivia . Detailed results and drill hole specifications are listed in Tables 1 and 2, and Figure 1. The 2023 Q1 drilling was a continuation of the 2022 drilling campaign at the Carangas Project. It was originally [...]
New Pacific Metals Corp. reports its financial results for the three and nine months ended March 31, 2023. All figures are expressed in US dollars unless otherwise stated. FISCAL 2023 Q3 HIGHLIGHTS The Company filed its independent preliminary economic assessment of the Silver Sand Project on February 16, 2023. The PEA shows a post-tax net present value of $726 million with an internal return rate of 39%, underpinned by a [...]
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