New Pacific Metals Corp · TSX:NUAG
New Pacific Metals — Investor Presentation (November 2022)
29 slides from New Pacific Metals's investor presentation, Nov 28, 2022
Slide 1: Discovering and Developing World-Class Silver and Gold Deposits in Bolivia
Discovering and Developing World-Class Silver and Gold Deposits in Bolivia November 28, 2022 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 2: Cautionary Note
Cautionary Note NEW PACIFIC METALS CORP. IS A CANADIAN ISSUER This presentation is prepared by New Pacific Metals Corp. (TSX:NUAG/NYSE American: NEWP) (“New Pacific” or the “Company”) management and New Pacific is solely responsible for content and format. This presentation is not intended as a soli
Slide 3: Why Invest in New Pacific Metals?
Why Invest in New Pacific Metals? Silver Sand Project Carangas Project Silverstrike Project A large pure silver deposit An extensive silver horizon 200 m thick near surface amenable to open pit & above a thick gold deposit oxidized gold zone heap leach operation discovered in 2022 drilling 2021: dri
Slide 4: Bolivia: A Significant Silver-Producing Country
Bolivia: A Significant Silver-Producing Country ▪ The Cerro Rico mine of Bolivia produced over 1.6 B oz of silver since the 1500’s ▪ Mining is responsible for 47% of its exports in 2020. LA PAZ ▪ The most stable currency in Latin America. Peru ▪ Under-explored over the last 20 years SANTA CRUZ SILVE
Slide 5: Silver Sand: A Large, Near Surface Pure Silver Deposit
Silver Sand: A Large, Near Surface Pure Silver Deposit ▪ 2017 – 2021: ~116,000 m in 465 diamond drill holes ▪ Independent NI 43-101 MRE released April 14, 2020 (Silver Sand only) ▪ 20,000 m in 86 drill holes completed by May 2022 ▪ Updated MRE tabled in November 2022 ▪ PEA by January 2023 with heap
Slide 6: Silver Sand: A Large, Near Surface Pure Silver Deposit
Silver Sand: A Large, Near Surface Pure Silver Deposit Elevation 6 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 7: Silver Sand Drilling and open pit boundary
Silver Sand Drilling and open pit boundary 7 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 8: Silver Sand: Updated NI 43-101 Mineral Resource Estimate
Silver Sand: A Large, Near Surface Pure Silver Deposit UPDATED NI 43-101 MINERAL RESOURCE ESTIMATE (November 28, 2022) Class Tonnes (Mt) Ag (g/t) Ag (Moz) Measured 8.40 159 43.05 2019 Indicated 26.99 130 112.00 (Cut-off 45 Measured + Indicated 35.39 137 155.05 g/t Ag) Inferred 9.84 112 35.55 Measure
Slide 9: Silver Sand: Satellite prospects
Silver Sand: Satellite prospects 1 Prospects Currently Drilling 1. El Bronce, the North Block 2. Jisas, the North Block 2 Satellite prospects to be drilled include 3. Snake Hole, east of sections 46-62 4. San Antonio, east of section 68 3 5. El Fuerte, to the south 6. Aullagas, west of sections 46-5
Slide 10: Carangas: A Silver-Gold System Discovered in 2021
Carangas: A Silver-Gold System Discovered in 2021 ▪ 6.25 km2 silver-gold-lead-zinc project at ~3,900 m elevation, located in Oruro Department, Bolivia ▪ 35 drill holes in 13,000 m drilling completed in 2021 with every hole intercepted mineralization. ▪ Drill results have shown an extensive, near-sur
Slide 11: Carangas: A New Silver-Gold System Discovered in 2021
Carangas: A New Silver-Gold System Discovered in 2021 Panoramic View of Drill Sites at the Carangas Project View West View East 11 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 12: Carangas: A New Silver System Discovered in 2021
Carangas: A New Silver System Discovered in 2021 Geology and 2021 Drill Plan Map near-surface silver horizon of ~1000 m by ~800 m overlying a gold zone 12 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 13: Carangas: Silver Horizon underlaid by a thick Gold Zone
Carangas: Silver Horizon underlaid by a thick Gold Zone Cross Section 24 shows a near-surface silver horizon stacked on top of an extended gold zone, similar to the Filo Del Sol Project in the same metallogenic belt. 13 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 14: Carangas: Silver Horizon underlaid by a thick Gold Zone
Carangas: Silver Horizon underlaid by a thick Gold Zone Plot of 2021+2022 drill holes along E-W Long Section WEST DOME EAST DOME CENTRAL VALLEY 14 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 15: Carangas: IP Guides Drilling for more Gold
Carangas: IP Guides Drilling for more Gold ➢ High chargeability anomaly at 3600 m elevation perfectly overlays the gold intercepts. ➢ New drill holes (e.g. DCAr0114) are planned to target the west half of the anomaly. 15 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 16: Carangas: IP Guides Drilling for more Gold and Silver
Carangas: IP Guides Drilling for more Gold and Silver N-S Section View 16 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 17: Carangas: IP Guides Drilling for more Gold and Silver
Carangas: IP Guides Drilling for more Gold and Silver Multiple chargeability anomalies at 3800 m elevation. Currently drilled area of 1000m by 800 m only overlays a small area of chargeability anomalies Drilling for a potential new gold target at the southeast area of high chargeability anomaly Dril
Slide 18: Core Photo for Hole DCAr0020 Showing Gold + Copper in Ignimbrite
Core Photo for Hole DCAr0020 Showing Gold + Copper in Ignimbrite 92g/t Ag, 14.55g/t Au, 0.33% Pb, 0.22% Cu 55g/t Ag, 23.8g/t Au, 0.35% Pb, 0.75% Cu 11g/t Ag, 5.02g/t Au, 0.17% Pb, 0.2% Cu 16g/t Ag, 5.68g/t Au 25g/t Ag, 0.01g/t Au, 0.26% Pb, 0.1% Cu 12g/t Ag, 3.48g/t Au, 0.12% Pb, 0.13% Cu 18 18 TSX:
Slide 19: Core Photo for Hole DCAr0039 Showing Gold + Silver in Ignimbrite
Core Photo for Hole DCAr0039 Showing Gold + Silver in Ignimbrite (Main Gold intersection) 100g/t Ag, 10.55g/t Au 16g/t Ag, 5.13g/t Au 24.9g/t Ag, 11.4g/t Au 5.57g/t Ag, 13.45g/t Au 9.56g/t Ag, 16.3g/t Au 3.61g/t Ag, 3.71g/t Au 9.38g/t Ag, 4.71g/t Au 19 TSX: NUAG | NYSE American: NEWP | www.newpacifi
Slide 20: Carangas: Positive Preliminary Metallurgical Results
Carangas: Positive Preliminary Metallurgical Results 1 ▪ For gold, cyanide leach and carbon-in-pulp (CIP) may potentially achieve an average of 98.6% gold recovery. Gold doré will be the final product. ▪ For silver-lead-zinc, silver/lead concentrate and zinc concentrate may be produced by sequential
Slide 21: Silverstrike: Historic Silver Mining District to Be Drilled
Silverstrike: Historic Silver Mining District to Be Drilled ▪ 44.5 km2 land package, located 140 km southwest of La Paz, Bolivia ▪ Rio Tinto drilled 8 diamond holes and 12 RC holes in 1995 ▪ Drill-ready targets: 1 ① Silverstrike North: sandstone- hosted, structurally controlled silver mineralization
Slide 22: Silverstrike: Drilling at Silverstrike Central
Silverstrike: Drilling at Silverstrike Central • 6,000m budgeted in 2022 • 3,578m drilled in 12 holes so far • Assays of first two holes received Silver Zone Silverstrike Central Gold Zone 22 TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
Slide 23: Silverstrike: Drilling at Silverstrike Central
Silverstrike: Drilling at Silverstrike Central Gold Zone - Drilling confirmed oxidized gold mineralization extends at depth 42 m @ 1.02g/t Au, 18g/t Ag 302° 122° 223.52 m @ 0.97 g/t Au, 4 g/t Ag Including 86.1 m @ 2.18 g/t Au, 7 g/t Ag 195.5 m @ 0.96 g/t Au, 6 g/t Ag Including 111.4 m @ 1.54 g/t Au,
Slide 24: Silverstrike: Drilling at Silverstrike Central
Silverstrike: Drilling at Silverstrike Central Higher Gold Grade intervals occurs near the contact of the rhyolite and volcanoclatics Volcanoclastics 9.23 g/t Au, 17 g/t Ag 77.6 g/t Au, 41 g/t Ag Volcanoclastics Rhyolite Rhyolite 0.23 g/t Au, 9 g/t Ag 24 TSX: NUAG | NYSE American: NEWP | www.newpaci
Slide 25: NUAG: Create Solid Value for Investors
NUAG: Create Solid Value for Investors Silverstrike discovery marks another milestone following the discoveries of Silver Sand and Carangas The discoveries display NUAG's capability to grow shareholder value through: 1. Careful project identification, 2. Smart acquisition, 3. Thorough geological stu
Slide 26: New Pacific Metals: Dual Listed on TSX & NYSE-A
New Pacific Metals: Dual Listed on TSX & NYSE-A 8.9% Management & Board 9.4% Pan American Silver* 14.2% 39.2% Institutional Presumptive Shareholders Ownership Retail 28.3% Silvercorp Metals Institution Analyst Financial Summary (as of September 30, 2022) Common Shares Outstanding 156.72 M Chris Thom
Slide 27: Proven Leadership and Experience
Proven Leadership and Experience MANAGEMENT +25 years of experience in the mining industry; Dr. Rui Feng CEO & Director founder of multiple successful companies with significant discoveries of new mineral resources VP of Exploration & +25 years of exploration, technical, and managerial Alex Zhang, P
Slide 28: Proven Leadership and Experience
Proven Leadership and Experience BOARD OF DIRECTORS AND ADVISORS Terry Salman President & CEO of Salman Capital Inc. and Salman Partners Inc.; helped raise Chairman over $20 billion for over 400 mining and exploration companies Chairman & CEO of Silvercorp Metals Inc.; Dr. Rui Feng, Ph.D. Founder of
Slide 29: Head Office and Investor Relations
HEAD OFFICE Suite 1750 – 1066 West Hastings Street Vancouver, BC | V6E 3X1 Investor Relations Tel: (604) 633-1368 U.S. & Canada toll-free: 1-877-631-0593 FOLLOW US Email: invest@newpacificmetals.com TSX: NUAG | NYSE American: NEWP | www.newpacificmetals.com
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