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New Pacific Metals Corp.
Summary
| Project: | Silver Sand | |
|---|---|---|
| Deposit: | Silver Sand | |
| Location: | Bolivia | |
| Commodities: | Silver-Lead-Zinc | |
| Date: | 11/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-11-2019: New Pacific Metals Corp. announces an Exploration/Drilling Update report for its Silver Sand deposit at the Silver Sand project. Updated technical report on property. New Pacific, through its wholly-owned subsidiary Minera Alcira S.A., acquired | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ruijin Jiang, Andy Holloway, Yongming Zhang (Independent;Internal) | |
| ABSTRACT: | New Pacific, through its wholly-owned subsidiary Minera Alcira S.A., acquired exploration and mining rights over an area of approximately 60 square kilometers covering the Silver Sand project and its surrounding areas. The silver Sand area has been intermittently mined for silver from the narrow high-grade mineralized veins in the Cretaceous sandstone since early 1500‘s, even earlier than the mining activities in the nearby world-famous Cerro Rico giant silver mine in Potosi. New Pacific has organized extensive and intensive exploration programs in the Silver Sand Property since October 2017. The Qualified Persons, Mr. Ruijin Jiang, P.Geo, Mr. Andy Holloway, P.Eng, and Mr. Yongming (Alex) Zhang, P.Geo were commissioned by New Pacific to prepare an updated Technical Report for the Silver Sand Property in Potosi Department, Bolivia to disclose the scientific and technical information on its on-going exploration programs. The previous publicly released Technical Report, dated August 15, 2017, was prepared by Donald J. Birak. The Qualified Persons are members in good standing of appropriate professional institutions and two of them are independent and one is non-independent. One independent Qualified Person, Ruijin Jiang, visited the Property in August 2019 and examined all aspects of the on-going exploration programs. | |
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