New pacific provides an update on the silver sand project preliminary economic assessment

Vancouver, bc, feb. 8, 2022 /prnewswire/ - new pacific metals corp. ("new pacific" or the "company") (tsx: nuag) (nyse american: newp) reports on the status and plan for the ongoing work on the preliminary economic assessment ("pea") study for its wholly owned silver sand project in south-central bolivia: a mineral resource estimate ("mre") update is underway as detailed below; the company plans to select an additional pea study specialist by the end of february to supplement and complete certain remaining aspects of the pea report; and once the mre update is finalized, the pea study is expected to be completed by the end of 2022. the mre update, that has been initiated will reflect new drill results since the 2020 mre and the results of an ongoing mineral resource infill and expansion drill program.
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