New Pacific Metals Corp.



Silver Sand Project

New Pacific’s Flagship Property is its Silver Sands Property in Bolivia. New Pacific acquired Alcira, the owner of the Silver Sands Property for cash payments of US$36,000,000 (July 18, 2017) with an additional US$4,000,000 due by October 18, 2017 and a final payment of US$5,000,000 shall be paid once the certain specified permits and licenses have been received from the authorities of Bolivia necessary for mining and milling operations, or once Alcira has commenced commercial production.

Alcira has seven silver-polymetallic mineral properties or ATEs (Temporary Special Authorization) in Bolivia. The most significant property is the Silver Sand Property located in the Potosí Department, which has been subjected to some small-scale, historic mining and was drilled during the period 2012 through 2015 by Alcira. The other six are early-stage exploration projects, which have either been subject to limited small-scale mining or historical drilling.

Silver Sand Project Location

Silver Sand Technical Report (August 15, 2017)

Tagish Lake Gold Property

New Pacific acquired the Tagish Lake Gold Project in 2010 through the 100% acquisition of Tagish Lake Gold Corp., which is continuing as a wholly owned subsidiary of New Pacific. By road, the Tagish Lake Gold Project is located 80 kilometres south of Whitehorse, Yukon and consists of 1,512 mineral claims covering about 254 square kilometres. The property's infrastructure includes an all-weather access road, extensive underground workings and roads to each project, a 300 tonne per day mill, a tailings reclamation site, service buildings and an all-weather 50-person camp.

Three geographically distinct projects have been identified within the Tagish Lake Gold Project:

  • Goddell
  • Skukum Creek
  • Mt. Skukum

Tagish Lake Gold Project Location

Skukum Gold-Silver Project Technical Report (July 31, 2013)

RZY Project

Project Description