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New Pacific Announces Results of the Metallurgical Test Program at its Silver Sand Project
New Pacific Announces Results of the Metallurgical Test Program at its Silver Sand Projec...
About this update from New Pacific Metals Corp
[{"type":"text","content":"\n \n \n \n New Pacific Announces Results of the Metallurgical Test Program at its Silver Sand 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 Heap Leach Silver Recoveries of 80%\n \n \n –\n \n \n Flowsheet Demonstrates Superior Performance\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Oct. 19, 2021\n \n /PRNewswire/ - New Pacific Metals Corp. (\"New Pacific\" or the \"Company\") (TSX: NUAG) (NYSE American: NEWP) is pleased to announce the results from the 2020-2021 metallurgical test program at its flagship Silver Sand deposit,\n \n Bolivia\n \n .\n \n \n \n HIGHLIGHTS:\n \n \n \n \n 80% silver recovery achieved through the heap leach process method.\n \n \n \n \n Heap leach process flowsheet demonstrates significantly superior performance due to anticipated lower capital intensity and operational costs versus other alternatives to produce silver doré on site.\n \n \n \n \n Heap leach performance of oxide and transitional mineralization is similar.\n \n \n \n \n Oxide and transitional material combined comprise approximately 80% of the resource, which includes Measured and Indicated Mineral Resources of 35.39 Mt at a grade of 137 grams per tonne (\"g/t\") silver containing 155.85 Moz of silver and Inferred Mineral Resource of 9.84 Mt g/t silver, containing 35.55 Moz of silver (refer to the Company's news release dated\n \n April 14, 2020\n \n ).\n \n \n \n \n Adoption of a heap leach process flowsheet may allow for a lower cut-off grade in the updated Mineral Resource Estimate, which will be determined through continued test work.\n \n \n \n Dr.\n \n Mark Cruise\n \n , CEO of New Pacific, notes: \"The positive results from this metallurgical program, combined with the results from the 2019 Metallurgical Study, significantly de-risk the Silver Sand Project. We anticipate the project will move forward as a low-cost, open-pit heap leach operation. The Preliminary Economic Assessment (\"PEA\") for the Silver Sand Project, including an updated Mineral R...