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New Pacific Metals Corp. (TSX:NUX) announced that they intend to begin the 2013 exploration program at their recently acquired RZY Project in June 2013.
New Pacific Metals Corp. (TSX:NUX) announced that they intend to begin the 2013 exploration program at their recently acquired RZY Project in June 2013.
As quoted in the press release:
In 2013, the Company plans to conduct 10,000 metres of surface diamond drilling to test the extent of the known mineralized zones and to develop a better understanding of the nature of the mineralization. Historical assay results of trench, pit sampling and limited drilling indicated the presence of high grade silver-lead-zinc mineralization at RZY. Multiple silver-lead-zinc mineralized zones are hosted in a broad altered structure zone with a strike extent of 6.5 kilometres and width of 25 to 100 metres. The Program also includes the completion of a surface grid soil survey and a geophysics survey to define future drill targets. The budget for the Program is $3 million. The Company is currently sourcing drilling equipment and preparing other resources necessary to execute the program.
To view the whole press release, click here.
