Vancouver, British Columbia – December 2, 2019 – New Pacific Metals Corp. (TSX-V: NUAG) (OTCQX: NUPMF) (“New Pacific” or the “Company”) is pleased to announce assay results from 75 drill holes from its resource definition drilling program at its wholly-owned Silver Sand Project, Department of Potosí, Bolivia.
In summary, drilling continues to intersect broad intervals of vein and fracture controlled, near surface, silver mineralization with results from this program ranging from…
“On behalf of New Pacific, we welcome Mark to our team,” said Dr. Rui Feng, Chief Executive Officer and Director of New Pacific. “We’re excited to secure the services of someone with his level of experience and calibre. Mark will be an incredible addition and his involvement should be very beneficial to our shareholders.”
James McDonald President and CEO stated, “We are happy to have initially secured the personal support of Eric Sprott and now separately, Sprott Asset Management LP(1). With this additional investment we are in a strong position to continue to aggressively move both our high-grade projects, Columba and Copalito ahead over the coming months.”
The Copalito Project is a classic low sulphidation epithermal vein system which has numerous small old workings and no evidence or reports of historic exploration drilling. The Property consists of seven concessions totaling approximately 3,700 hectares and is located 35 kilometres east of McEwen Mining’s “El Gallo Mine” complex in Sinaloa State, along the western fringes of the Sierra Madre Occidental in northwestern Mexico. The Copalito Project has good access, topography and infrastructure…
Kootenay President and CEO James McDonald states, “We continue to be pleased with the drill results at Columba. Step-out drill hole 19-012 intercepted 699 gpt silver over 2.1 meters and 755 gpt silver over 1.75 meters at a depth deeper than any previously known mineralization. In addition, drilling continues to hit multiple high-grade silver intercepts above and below known historic silver veins and to demonstrate excellent lateral and vertical extent along the F vein.”
All dollar amounts in Canadian Dollars unless otherwise notedVancouver, BC / CNW / September 19, 2019 / Golden Arrow Resources Corporation (TSX-V: GRG, FSE: G6A, OTCQB: GARWF) (“Golden Arrow” or the “Company”), is pleased to announce that the Company has successfully completed the transaction announced on July 22, 2019 and has sold the Company’s 25% interest in Puna Operations Inc. (“Puna Operations”) to SSR Mining Inc. (TSX: SSRM); (NASDAQ: SSRM) (“SSRM”) (the “Transaction”).The full details…
Kootenay Silver Inc.(TSXV: KTN) (the “Company” or “Kootenay”) is pleased to announce assay results from four (4) additional holes drilled on the Columba high-grade silver vein system in Chihuahua State, Mexico.Drilling is ongoing with 16 holes completed to date of a planned first phase 25 to 30-hole program.
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…
New Pacific Metals Corp. (TSX-V: NUAG) (OTCQX: NUPMF) (the “Company”) is pleased to announce the final results of a preliminary metallurgical test work program for its Silver Sand Project. The Company is very pleased with the positive results achieved so far from the completed test work. The results suggest that the mineralized materials from the Silver Sand Project would be amenable to processing using conventional flotation or whole ore cyanidation at atmospheric pressure at large scale. This…
James McDonald President and CEO stated “We are very pleased to have the support of Mr. Eric Sprott as a major investor in Kootenay.Having Mr. Sprott make a significant investment in the Company is a strong endorsement of our silver asset base. This financing puts us in a very strong financial position and allows us to move aggressively forward on not just Columba, but our other key assets as well.”
