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New Pacific Reports Final 2019 Drill Results From Its Silver Sand Project, Bolivia - Continues to Return Broad Intervals of Near Surface Silver Mineralization
VANCOUVER, British Columbia, Feb. 19, 2020 (GLOBE NEWSWIRE) -- New Pacific Metals Corp. (TSX-V: NUAG) (OTCQX: NUPMF) (“New Pacific” or the “Company”) is pleased
About this update from New Pacific Metals Corp
[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 19, 2020 (GLOBE NEWSWIRE) -- New Pacific Metals Corp. (TSX-V: NUAG) (OTCQX: NUPMF) (“New Pacific” or the “Company”) is pleased to announce assay results from the final 37 drill holes from its 2019 resource definition and discovery drill program at its wholly-owned Silver Sand Project, Potosí, Bolivia. Drilling continues to return broad intervals of near-surface, structurally controlled, silver mineralization within which higher grade zones occur. The 2019 program successfully confirms mineral continuity and defines several high-grade zones on the property: mineralization remains open for expansion to the North and South and at depth. To date no distinctive feeder zones have been intersected. Given the significant drilling in 2018 to 2019, this indicates the presence of a large silver-rich mineral system. The Company’s inaugural NI 43-101 independent resource estimate remains on track for a Q1 release. Highlights include: DSS525021, 279.25m @ 91g/t Ag from 4.9m to 284.15m, incl. 15.4m @ 657g/t Ag from 217.55m to 232.95m; DSS522513, 108.98m @ 228g/t Ag from 40.32m to 149.3m, incl. 54.46m 414g/t Ag from 43.84m to 98.3m; DSS527505, 78.2m @ 245g/t Ag from 40.1m to 118.3m, incl. 28.44m @ 335g/t Ag from 43.3m to 71.74m, incl. 13.2m @ 541g/t Ag from 83.1m to 96.3m; DSS507510, 79.87m @ 122g/t Ag from 58.98m to 138.85m; DSS505019, 91.49m @ 142g/t Ag from 67.31m to 158.8m; DSS5223, 56.34m @ 219g/t Ag from 73.36m to 129.7m; DSS422505, 57.26m @ @160g/t Ag from 86.9m to 144.16m; DSS4211, 66.25m @ 197g/t Ag from 95.02m to 161.27m; DSS407502, 67.88m @ 218g/t Ag from 90.12m to 158.00m, incl. 12.34m @ 496g/t Ag from 137.0m to 149.34m; (Based on the current understanding of the relationship between drill hole direction and the mineralized structures it is estimated that true width of the mineralization will approximate 60-80% of the down hole interval length. Please refer to Table-1 – Composited Drill Intersections of Mineralization below for details). DETAILS In 2019, 42,604 metres of diamond drilling in 167 boreholes was completed on the Silver Sand Project. Total drilled metreage since project inception equates to 91,662 metres in 362 diamond drillholes, one of the largest green-field expl...