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New Pacific Metals Corp.
Summary
| Project: | Silver Sand | |
|---|---|---|
| Deposit: | Silver Sand | |
| Location: | Bolivia | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 2/19/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-2-2020: New Pacific Metals Corp. announces an Exploration/Drilling Update report for its Silver Sand deposit at the Silver Sand project. Drilling results incl. 279.25m @ 91g/t Ag from 4.9m. Vancouver, British Columbia – February 19, 2020 – New Pacific | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Alex Zhang (Internal) | |
| ABSTRACT: | Vancouver, British Columbia – February 19, 2020 – New Pacific Metals Corp. (TSX-V: NUAG) (OTCQX: NUPMF) (“New Pacific” or the “Company”) is pleased to announce assay results from the final 37 drill holes from its 2019 resource definition and discovery drill program at its wholly-owned Silver Sand Project, Potosí, Bolivia. Drilling continues to return broad intervals of near-surface, structurally controlled, silver mineralization within which higher grade zones occur. The 2019 program successfully confirms mineral continuity and defines several high-grade zones on the property: mineralization remains open for expansion to the North and South and at depth. To date no distinctive feeder zones have been intersected. Given the significant drilling in 2018 to 2019, this indicates the presence of a large silver-rich mineral system. The Company’s inaugural NI 43-101 independent resource estimate remains on track for a Q1 release. In 2019, 42,604 metres of diamond drilling in 167 boreholes was completed on the Silver Sand Project. Total drilled metreage since project inception equates to 91,662 metres in 362 diamond drillholes, one of the largest green-field exploration drill campaigns in Latin America during the period. This news release contains the results of the remaining 37 holes from the Silver Sand deposit with many of the holes drilled off-section to test the intra-section continuity of mineralization. | |
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