For thousands of other reports visit RSC's Mineral Intellingence Map

New Pacific Holdings Corp.

opaxe

Summary

Project:

Silver Sand

Deposit:Silver Sand
Location:Bolivia
Commodities:Silver-Tin
Date:5/31/2017
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Resources Definition
Report details:31-5-2017: New Pacific Holdings Corp. announces a Supporting Acquisition report for its Silver Sand deposit at the Silver Sand project. Summary of property in support of acquisition. This Technical Report was prepared for New Pacific Holdings Corporation
Resources:x
CP/QP:[Overall Report]: Donald J. Birak (Independent)
ABSTRACT:This Technical Report was prepared for New Pacific Holdings Corporation (“NPHC”), a Canadian Investment Issuer with shares listed on the TSX Venture Exchange in Canada under the symbol NUX (www.newpacificholdings.com), to disclose material information related to the acquisition of the Silver Sand silver property in Bolivia (the “Property”). The Qualified Person conducted a site visit during December 17, 18 and 19 of 2016. NPHC has negotiated the acquisition (the “Acquisition”) of a 100% interest in Empresa Minera Alcira S.A., a private, Bolivian incorporated mining company (“Owner”) from its three shareholders (the “Vendors”), free of any debt, pursuant to the terms of a share transfer agreement dated March 28, 2017 (the “Share Transfer Agreement”). The Vendors are Ningde Jungie Mineria Co., Ltd. (“Jungie”, 99% shareholder), Cai Ximing, (0.5% shareholder) and Li Chengliang (0.5% shareholder), all of which are arms’ length parties to NPHC. The Owner controls the Property, located in the Potosí Department of Bolivia.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report