New Pacific Metals Corp.



Incentive Stock Options Granted

VANCOUVER, BRITISH COLUMBIA -- July 17, 2007 -- New Pacific Metals Corp. (TSX-V:NUX) is pleased to announce that, subject to regulatory approval, it has granted a total of 450,000 incentive stock options to directors, officers, employees and consultants of the Company. The options are exercisable at $2.50 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 November 18, 2007.

For Further Information:
New Pacific Metals Corp.
Lou Duarte, Director
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.

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