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New Pacific Metals Corp.

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Summary

Project:

Silver Sand

Deposit:Silver Sand
Location:Bolivia
Commodities:Silver-Lead-Zinc
Date:8/27/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:27-8-2019: New Pacific Metals Corp. announces an Exploration/Drilling Update report for its Silver Sand deposit at the Silver Sand project. Drilling results incl. 165.50m @ 204g/t Ag, 0.06% Pb, 0.01% Zn from 73.80m. Vancouver, British Columbia – August 27
Resources:x
CP/QP:[Overall Report]: Alex Zhang (Internal)
ABSTRACT:Vancouver, British Columbia – August 27, 2019 – New Pacific Metals Corp. (TSX-V: NUAG) (OTCQX: NUPMF) (“New Pacific” or the “Company”) is pleased to announce the assay results of the third batch of 20 drill holes from its wholly-owned Silver Sand Project located in the Department of Potosí, Bolivia. The assay results continue to show wide intervals of silver mineralization. Since the release of assay results of second batch of 31 drill holes on August 6, 2019, the Company has received assay results of an additional 20 drill holes from Silver Sand Project which were drilled to infill the drill grid to a density of 25 metres by 25 metres to confirm continuity of mineralization in selected areas drilled in 2018. Holes were approximately oriented at azimuths of 60 degrees with dips of -45 degrees normal to the strike and dip of mineralized structures. All holes continuously intercept significant wide silver mineralization in fractures developed in bleached quartz sandstones. Drill hole DSS525006 intersected the mineralized zone of 165.5m @ 204g/t Ag including a bonanza grade subzone of 45.0m @ 641g/t Ag. The drill results indicate that high grade centres exist in broad mineralization.

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