New Pacific Metals Corp.



Incentive Stock Options Granted

VANCOUVER, BRITISH COLUMBIA - December 1, 2006 - New Pacific Metals Corp. (TSX-V:NUX) is pleased to announce that, subject to regulatory approval, it has granted a total of 341,000 incentive stock options to directors, officers, employees and consultants of the Company. The options are exercisable at $1.25 for a period of five years, and are subject to a vesting period over 36 months. The shares issuable under the options are subject to a hold period expiring April 2, 2006.

For Further Information:
New Pacific Metals Corp.
Rui Feng, President & Director
Cathy Fong, VP Corporate Development
Phone: +1 (604) 633-1368
Fax: +1 (604) 669-9387

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.

Download News Release (PDF: 20KB)