New Pacific Metals Commences 30,000 Metre Program at Silver Sand Project

New Pacific Metal (“New Pacific” or the “Company”) (TSXV: “NUAG”) is pleased to announce that it has received necessary permits from the relevant Bolivian government authorities and will immediately commence a 30,000 metres exploration drilling program on its 100% owned Silver Sand Project in the Department of Potosi, Bolivia.

At an elevation of approximately 4,050 metres, the Silver Sand Property, having an area of approximately 3.17 square kilometres, is located in the Potosí Department of Bolivia, approximately twenty five kilometres northeast of the world famous Cerro Rico Silver and Base Metal mineral system.

The Silver Sand property is adjacent to historic and current tin mining activity in the area.  Access is relatively easy with a road distance of fifty four kilometres to Potosi, of which twenty seven kilometres are paved.

The Property is one of the earliest silver discoveries in the district, having been made prior to  the discovery of Cerro Rico in the mid-1500’s. Small-scale, historic mining is evident from scattered shafts, pits, adits, declines and dumps.

Click here to read the full text release. 

Get the Latest Silver Investing Stock Information

Get the latest information about companies associated with Silver Investing delivered directly to your inbox.

Silver $0-15m
Silver $15-50m
Silver $250m+
Silver $50-250m

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Connect with our Featured Silver Stocks to receive the latest news and investor presentations.

Comments

Leave a Reply