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. (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.
New Pacific Metals Corp. (NYSE: NEWP) announced assay results from 20 additional drill holes at its Silver Sand Project. A total of 21,309 metres have been drilled in 94 holes for 2022, surpassing the initial budget of 15,000 metres. Notable findings include drill hole DSS646001, which intersected 60.48 metres grading 236 g/t silver, including 6.45 metres grading 1,423 g/t silver. The results confirm high-grade mineralization continuity in the southern portion of the deposit. Remaining assay results from 59 holes are pending, with a mineral resource estimate update expected in the second half of 2022.
New Pacific Metals Corp. (NEWP) announces assay results from its 2021 Discovery Drill Program at the Carangas Silver-Gold Project in Bolivia, completing a total of 35 drill holes. Highlights include hole DCAr0031, which intersected 595.7 m grading 1.25 g/t gold and 7 g/t silver, and hole DCAr0032, with a peak of 1,213 g/t silver over 10.25 m. The company is now advancing its 2022 drilling program, expecting to complete an additional 40,000 m. Approximately 10,000 m have been drilled in 2022, with results pending for 15 holes. Assay processes are managed by ALS Global, an ISO-accredited laboratory.
New Pacific Metals Corp. reported its financial results for the three and nine months ended March 31, 2022. The company incurred a net loss of $1.41 million or $0.01 per share for the quarter, slightly improved from a loss of $1.69 million in the same period last year. For the nine months, the net loss was $4.08 million, down from $4.59 million. Working capital stood at $34.7 million, adequate for advancing key projects. Significant drill results were reported from the Silver Sand and Carangas projects, indicating promising mineralization.
New Pacific Metals Corp. (NYSE American: NEWP) announced significant assay results from its 2021-2022 drilling program at Silver Sand. The 2021 program involved 13,313.7 meters across 55 holes, while 10,520 meters across 48 holes were completed in 2022. Noteworthy results include drill hole DSS529001, which intersected 86.03 meters grading 229 g/t silver, confirming high-grade mineralization continuity. The company plans to finish the 2022 drill program by April, with all assay results expected by June and an updated resource estimate by September.
New Pacific Metals Corp. announced assay results from eight drill holes at the Carangas Silver-Gold Project in Bolivia. All 25 drill holes reported intersected silver-rich polymetallic mineralization near surface. Notable results include drill hole DCAr0019 with 173.17 m grading 102 g/t silver, and DCAr0020, the only deep hole, intersecting 322.91 m grading 1.03 g/t gold. The company plans to expand its drilling program to up to 40,000 m in 2022, contingent on ongoing results.
New Pacific Metals Corp. has released assay results from six additional drill holes of its 2021 Discovery Drill Program at the Carangas Silver Project in Bolivia. The assay results indicate significant near-surface silver-rich polymetallic mineralization. Notable drill hole DCAr0016 shows a 148.48 m interval with 78 g/t Ag and 2.07% Pb+Zn, and an extensive gold mineralization zone underneath. A resource definition drilling program is set to commence in 2022, budgeting for 30,000 m of drilling, which may extend to 40,000 m based on results.
New Pacific Metals Corp. (NYSE American: NEWP) has announced updates on its Silver Sand Project in Bolivia, focusing on the ongoing preliminary economic assessment (PEA). Key points include an update on the Mineral Resource Estimate (MRE), plans to appoint a PEA specialist by the end of February, and a completion timeline for the PEA by the end of 2022. The update will incorporate recent drill results, adding to the 135 holes already analyzed. The company aims to conduct 15,000 meters of additional drilling, including new areas, to enhance resource estimates.
New Pacific Metals Corp. (NYSE: NEWP) announced its unaudited financial results for Q2 of fiscal 2022, ending December 31, 2021. The company reported a net loss of $1.3 million, or $0.01 per share, an improvement from a net loss of $1.8 million in the same quarter last year. Key highlights include successful metallurgical tests for the Silver Sand Project achieving 80% silver recovery, the completion of a significant drill program at the Carangas Project, and maintaining a strong working capital of $38.1 million to support ongoing projects.
New Pacific Metals Corp. (NYSE American: NEWP) announced the resignation of Dr. Mark Cruise as CEO and director, effective immediately. Dr. Rui Feng, the company's founder and former CEO until April 2020, has been appointed as the new CEO. Meanwhile, Dr. Feng has stepped down as Chairman, with Terry Salman now taking over that role. The company continues to focus on its precious metal projects in Bolivia, including the Silver Sand, Silverstrike, and Carangas projects, while aiming to enhance its Mineral Resources.
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