New Pacific Metals Corp. is pleased to announce the commencement of drilling at Jisas prospect, a satellite concession located in the north block, approximately 3 kilometres north of the Silver Sand Project. The Company owns 100% interest in the Jisas prospect. As the infill and step-out drilling at the Silver Sand Project for mineral resource update to be incorporated into the Preliminary Economic Assessment due by the [...]
New Pacific Metals Corp. is pleased to announce the assay results of additional 20 holes from the 2022 drill programs at the Silver Sand Project as part of its 15,000 metres resource infill and step-out drilling for a mineral resource estimate update. An expanded program of total 21,309 m in 94 holes have been completed so far in 2022. The assay results for the remaining 59 drill holes are pending. Assay results for the [...]
New Pacific Metals Corp. , together with its local Bolivian partner, announce the assay results of the last ten drill holes from the Discovery Drill Program completed in 2021 at the Carangas Silver-Gold Project, Oruro Department, Bolivia . Assay results of all 35 holes drilled in 2021 have now been received and released. Drill intercepts of mineralization and hole specifications of the last ten holes are presented in [...]
New Pacific Metals Corp. reports its unaudited consolidated financial results for the three and nine months ended March 31, 2022, the third quarter of fiscal 2022. All figures are expressed in US dollars unless otherwise stated. QUARTERLY HIGHLIGHTS Reported assay results of the 2021-2022 drill program at Silver Sand Project. The 2021 drill programs comprise structural orientation drilling, step-out and infill drilling as [...]
New Pacific Metals Corp. is pleased to announce the assay results of the 2021-2022 drill programs at Silver Sand. The 2021 drilling programs comprise structure orientation drilling, step-out and infill drilling as well as exploration drilling. Assay results of all drill holes completed in 2021 have been received, and results of 13 holes from 48 holes in 10,520 metres completed to date in 2022 have been received. For the [...]
New Pacific Metals Corp. , together with its local Bolivian partner, announce the assay results of an additional eight drill holes from the Discovery Drill Program completed in 2021 at the Carangas Silver-Gold Project, Oruro Department, Bolivia . To date, assay results of 25 drill holes have been received, with the remaining 10 drill holes pending. All drill holes with assay results intersected silver-rich polymetallic [...]
New Pacific Metals Corp. announces the receipt of assay results from six additional drill holes from the Discovery Drill Program completed in 2021 at the Carangas Silver Project. To date, assay results of 17 drill holes have been received, with the remaining 18 drill holes awaiting additional analysis, specifically fire assay for gold. All seventeen drill holes intercepted near surface silver rich polymetallic [...]
New Pacific Metals Corp. reports on the status and plan for the ongoing work on the preliminary economic assessment study for its wholly owned Silver Sand Project in south-central Bolivia: A Mineral Resource Estimate update is underway as detailed below; The Company plans to select an additional PEA study specialist by the end of February to supplement and complete certain remaining aspects of the PEA report; and Once the [...]
New Pacific Metals Corp. reports its unaudited consolidated financial results for the three and six months ended December 31, 2021, the second quarter of fiscal 2022. All figures are expressed in US dollars unless otherwise stated. QUARTERLY HIGHLIGHTS Metallurgical test results for the Silver Sand Project from 2020 and 2021 identified heap leach process as the preferred processing method, which achieves 80% silver [...]
New Pacific Metals Corp. announces that the board of directors has accepted the resignation of Dr. Mark Cruise as Chief Executive Officer and as director of the Board of New Pacific. The Company wishes Dr. Cruise well in his future endeavours. The Board has appointed Dr. Rui Feng as the CEO. Dr. Feng is the founder of the Company and served as CEO until April 27, 2020. Dr. Feng has stepped down as the Chairman of the [...]
New Pacific Metals Corp. is pleased to announce that, following the annual general meeting of shareholders held on December 3, 2021, the newly elected board of directors of the Company appointed Dr. Rui Feng as the Chairman of the Board. Dr. Feng is the CEO and Chairman of Silvercorp Metals Inc. , the largest shareholder of the Company with ownership of 28.3%. As CEO of New Pacific from 2010 to April 2020 and founder of [...]
VANCOUVER, BC, Dec. 6, 2021 /CNW/ - New Pacific Metals Corp. is pleased to announce the election of two additional directors, Ms. Maria Tang and Mr. Terry Salman, to its Board of Directors and the voting results of the annual general meeting of the shareholders held on December 3, 2021 . Mr. Gregory Hawkins did not stand for re-election as a director and ceased to be a director effective December 3, 2021. The Company [...]