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New Pacific Metals Corp. is a Canadian-based advanced junior gold exploration company engaged in the exploration and development of gold-polymetallic projects. Silvercorp Metals Inc. (TSX: SVM), the primary silver producer in China, is the major shareholder with an interest of 23%. The company's current projects include the Huaiji Gold Project in China and in June, 2010 it has staked the Eva Lake Property of 260 km2 in British Columbia. 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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