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New Pacific Announces Expanded Discovery Drill Program at the Carangas Silver Project
New Pacific Announces Expanded Discovery Drill Program at the Carangas Silver Project ...
About this update from New Pacific Metals Corp
[{"type":"text","content":"\n \n \n \n New Pacific Announces Expanded Discovery Drill Program at the Carangas Silver Project\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Additional drill rigs mobilized to complete ~7,500 metres of drilling by year-end\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Oct. 26, 2021\n \n /PRNewswire/ - New Pacific Metals Corp. (\"New Pacific\" or the \"Company\") (TSX: NUAG) (NYSE American: NEWP), together with its local Bolivian partner, announces that two additional drill rigs have been mobilized and the discovery drill program has been expanded for the Carangas Silver Project, Oruro Department,\n \n Bolivia\n \n (the \"Carangas Project\"). The expanded drill program (the \"Phase II Drill Program\") includes a total of three drill rigs and is expected to complete an additional minimum of 7,500 metres (\"m\") of diamond drilling by the end of 2021.\n \n \n Target generation, which was carried out prior to the Phase I discovery drill program (the \"Phase I Drill Program\"), defined a near-surface, structurally controlled, bulk tonnage, exploration target, centered on and adjacent to extensive historic workings. These historic workings exploited narrow, high grade silver polymetallic veins (please refer to the Company's news releases dated\n \n April 12, 2021\n \n and\n \n June 14, 2021\n \n ). The Phase I Drill Program commenced in late\n \n June 2021\n \n and was recently completed (for details on the drill program, please refer to the Company's news release dated\n \n June 29, 2021\n \n ).\n \n \n \n Phase I Drill Program Highlights:\n \n \n \n \n \n \n 3,790 m\n \n completed in 13 drill holes:\n \n All drill holes intersected thick intervals of predominantly fracture-controlled, volcanic breccia and/or dacitic tuff-hosted, polymetallic mineralization, defined by detailed geological logging and real-time, X-Ray Fluorescence analysis (utilizing a Niton XRF) (Figure 1);\n \n \n \n Assay results for the first two drill holes are consistent with the exploration thes...