TSX-V : NUX
TSX-V : NUX 7/29/2010 10:25:34 AM ET
New Pacific Metals Corp. New Pacific Metals is a Canadian-based advanced junior gold exploration company engaged in the exploration and development of gold-polymetallic projects in China. Silvercorp Metals Inc. (TSX: SVM), the primary silver producer in China, is the major shareholder with an interest of 23%. The company's flagship property, the Huaiji Gold Project, located in southern China, has an inferred resource of 162,396 oz gold. The company has staked the Eva Lake Property of 260 km2 in BC, Canada, in June, 2010.With $10 million in working capital, no debt and experienced management, the company is well positioned to build shareholder value through discovery and resource development.
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Forward Looking Statements

Certain statements herein, including those regarding production, realized commodity prices, costs and margins, constitute "forward looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of New Pacific Metals Corp. or of the commodity mining industry to be materially different from future results, performance or achievements expressed or implied by those forward looking statements. These risks, uncertainties and other factors include, but are not limited to, changes in the global price of mineral commodities and currencies and the risks involved in the exploration, development and mining business.

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