New Pacific Acquires the Carangas Silver Project, Bolivia
New Pacific Metals Corp. is pleased to announce that the Company has signed an agreement with a private Bolivian company (the “Vendor”), to acquire a 98% interest in the Carangas silver project (the “Carangas Project” or the “Project”), located in the Oruro Department, Bolivia. New Pacific will cover 100% of the future expenditures on exploration, mining, development, and production activities. The agreement has a term of 30 years and is renewable for an additional 15 years. An initial discovery diamond drill program is planned to commence upon receipt of the related permit from the local authorities.
New Pacific Acquires the Carangas Silver Project, Bolivia
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New Pacific Acquires the Carangas Silver Project, Bolivia
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Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Dr. Rui Feng Donates 80,000 New Pacific Shares to St. Paul’s Foundation in Vancouver and 35,000 .
New Pacific Metals Corp.December 9, 2020 GMT
VANCOUVER, British Columbia, Dec. 09, 2020 (GLOBE NEWSWIRE) New Pacific Metals Corp. (“New Pacific” or the “Company”) is pleased to announce that Dr. Rui Feng, founder, director and former CEO of the Company, has donated 80,000 shares of the Company to St. Paul’s Foundation of Vancouver and 35,000 shares of the Company to
the Viola Desmond Chair in Social Justice at Cape Breton University in Nova Scotia.