Welcome to our dedicated page for New Pac Metals news (Ticker: NEWP), a resource for investors and traders seeking the latest updates and insights on New Pac Metals stock.
New Pacific Metals Corp (NEWP) delivers comprehensive updates on its Bolivian precious metals exploration through this dedicated news hub. Investors and industry observers will find verified disclosures ranging from drilling results to regulatory milestones, all adhering to Canada's NI 43-101 technical reporting standards.
This resource consolidates essential updates across NEWP's project portfolio, including the Silver Sand silver deposit, Carangas silver-lead-zinc development, and Silverstrike gold exploration. Key materials include earnings reports, resource estimates, metallurgical test results, and community engagement progress.
Users benefit from direct access to primary-source information critical for evaluating the company's operational and financial trajectory. Content types include project feasibility studies, permit approvals, leadership updates, and strategic partnership announcements—all curated for relevance to investment decision-making.
Bookmark this page for streamlined tracking of New Pacific Metals' developments in South America's mining sector. Regular visits ensure timely awareness of material events affecting the company's exploration and resource definition activities.
New Pacific Metals Corp. (NEWP) reported positive assay results from the second drill hole, DSSk0002, at the Silverstrike Project in Bolivia. This hole intersected 223.52 m grading 0.97 g/t gold and 4 g/t silver, including a notable interval of 3.98 m at 29.75 g/t gold and 23 g/t silver. In total, 10 holes have been drilled since June 2022, with assays for the remaining holes yet to be released. These findings extend a significant gold zone near the surface, indicating promising mineralization trends at Silverstrike.
New Pacific Metals Corp. (NEWP) reports assay results from 21 drill holes at its Carangas Silver-Gold Project in Bolivia, revealing significant near-surface silver mineralization. The drilling program, part of a 40,000 m initiative, has thus far completed 36,012 m across 76 holes, with assay results pending for 43 holes. Key highlights include a 163.04 m interval in hole DCAr0077 grading 109 g/t silver, among others. The project is anticipated to support an inaugural mineral resource estimate in 2023.
New Pacific Metals Corp. (NEWP) filed its fiscal 2022 annual report on Form 40-F with the U.S. SEC on September 28, 2022. The report includes the company's audited financial statements and management discussion. Key projects include the Silver Sand Silver Project, awaiting a new mineral resource estimate by year-end, and the Carangas Silver-Gold Project, which is undergoing a 40,000 m drill program. The Silverstrike Project has also commenced a 6,000 m discovery drill program.
New Pacific Metals Corp. (NYSE American: NEWP) announced the assay results of the final 53 drill holes from its 2022 drilling program at the Silver Sand Project. A total of 19,323 meters were drilled over 86 holes, aimed at enhancing mineral resource estimates. Results included significant silver grades, with the best intersection being 44.77 meters at 214 g/t Ag. A mineral resource estimate update is expected by October 2022, and the Preliminary Economic Assessment (PEA) is on track for completion by year-end.
New Pacific Metals Corp. (NEWP) announced assay results from its initial drill hole at the Silverstrike Project in Bolivia, revealing a significant gold discovery. Drill hole DSSk0001 intersected 195.05 meters with an average grade of 0.96 g/t gold and 6 g/t silver, including a high-grade section of 36.06 meters grading 3.97 g/t gold and 20 g/t silver. This success follows the company's strategic drilling initiatives launched in June 2022, aimed at expanding their mineral resources. The results affirm the firm's ability to enhance shareholder value through effective exploration.
New Pacific Metals Corp. reported its financial results for the year ending June 30, 2022, showing a net loss of $6.42 million, equivalent to $0.04 per share. Operating expenses increased to $6.78 million from $5.95 million in the previous year. The company maintained working capital of $29.3 million, enabling the advancement of exploration projects, including the ongoing drill programs at the Silver Sand and Carangas projects. The company also completed a successful initial drill program at the Carangas project with significant silver and gold mineralization.
New Pacific Metals Corp. (NEWP) reported positive assay results from its Carangas Silver-Gold Project in Bolivia, revealing significant mineralization. The 2022 drill program has completed 21,980 meters across 43 drill holes, with results for 12 holes released. Highlights include Drill Hole DCAr0044, which intersected 514.85 meters grading 1.1 g/t gold and 6 g/t silver. Additional holes also displayed high silver grades, including DCAr0045 with 170.64 meters at 88 g/t silver. The successful drilling suggests strong potential for further exploration and resource expansion.
New Pacific Metals Corp. (NEWP) announced assay results from the first five drill holes of its 2022 drill program at the Carangas Silver-Gold Project in Bolivia. A total of 16,754 meters have been drilled in 31 holes. Highlights include Hole DCAr0039, revealing a 535.63 m interval grading 1.00 g/t Au and 11 g/t Ag, and Hole DCAr0038 with a 58.10 m interval grading 507 g/t Ag. The company has initiated preliminary metallurgy tests on mineralized materials, with results from 26 remaining holes expected in up to 10 weeks.
New Pacific Metals Corp. (NYSE American: NEWP) has initiated a 6,000-metre drilling program at its Silverstrike Project in Bolivia, focusing on a gold zone revealed through previous drilling. The Silverstrike Project spans 13 km², with New Pacific holding a 98% interest. Notable historical results include 4.7 m grading 14.76 g/t Au and 27 g/t Ag. The company plans to fund all future exploration and mining costs. The project is strategically significant due to its proximity to other assets and potential resource growth.
New Pacific Metals Corp. (NYSE: NEWP) has commenced a 2,000-meter exploration drilling program at the Jisas prospect, located 3 kilometers north of the Silver Sand Project. This follows the completion of the infill and step-out drilling for a mineral resource update scheduled for later in 2022. The Company holds 100% interest in Jisas, which previously underwent small-scale mining. Surface and underground samples returned silver grades from tens to 900 grams per tonne. The findings will be crucial for future assessments and economic evaluations.
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