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New Pacific Metals Drill Results for Silver Sand Project in Bolivia

Mining News - Published on Tue, 25 Feb 2020

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New Pacific Metals Corp announced assay results from the final 37 drill holes from its 2019 resource definition and discovery drill program at its wholly-owned Silver Sand Project in Potosí in 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.

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;

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 exploration drill campaigns in Latin America during the period. This news release contains the results of the remaining 37 holes from the Silver Sand deposit with many of the holes drilled off-section to test the intra-section continuity of mineralization.

The off-section holes were collared at azimuth’s ranging from of 91 to 125 degrees and dips from -40 to -45 degrees. Details of drill locations and specifications are provided in Table-2 below. The drill results continue to return wide, high grade, intersections indicative of good to excellent mineral continuity (details in Table-1).

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Posted By : Rabi Wangkhem on Tue, 25 Feb 2020
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