OTC Pink Sheet : NUXFF
TSX-V : NUX 9/7/2008 5:47:06 PM ET
New Pacific Metals Corp. is a Canadian public company listed on the TSX Venture Exchange with a trading symbol, NUX and on the OTC Pink Sheet with a trading symbol, NUXFF. The company is exploring in China for Permian Noril'sk Ni/Cu + PGM (Platinum Group Elements) deposits in the Paxi Rift Belt, in the Sichuan Province and for gold-polymetallic in the Doyao mountain range located in the Guangdong province. NUX is well financed and will be actively involved in full exploration programs on its gold and Ni/Cu + PGM advanced projects.
Guangdong Province Projects
Huaiji Gold Project

The Huaiji Gold Project is composed of two gold-polymetallic exploration permits referred to as "HNK" and "XSK" which have a total area of 160 square kms.

The permit areas are located in Guangdong Province's Huaiji and Guangning counties, about 180 kilometers (km) northwest of Guangzhou, the capital city of Guangdong Province. Guangzhou, one of China's largest cities, is serviced by daily air flights with connections to all major cities in China and many international destinations. Access to the two permits from Guangzhou is via paved highways, then by inter-township paved roads.

Geologically, the permit areas are located in the centre of the Dayao mountain range upwarping, southwest of the Southern-China Craton, where the Southern-China Craton is cut into the mountain ranges and basins by numerous parallel deep northeastern trending structures that extend several hundreds kilometres. The Cambrian and pre-Cambrian metasediments are dominant rock sequences in the mountain ranges, whereas in the basins, Jurrasic and Cretaceous volcanics are the dominant rock units. Gold and silver mineralization in these areas mainly occur in the mountain ranges that are intruded by Mesozoic and even Cenozoic granite plutons and porphyries.

The two permits were applied to cover two extensive gold, silver, and antimony stream sedimentary geochemical anomalies that were revealed by 1 to 200,000 and 1 to 50,000 scales geochemical surveys performed by the Guangdong branch of the Geological Survey of China. The two permits also cover numerous occurrences of gold mineralization and alluvial gold. Gold mineralization is hosted in the carbonaceous strata, carbonate rock, and calcareous-tuff shales of the Cambrian Gaotan Formation, which were intruded by late Mesozoic and Cenozoic granitic plutons and porphyries.
 
Huaiji Project Location Map


Huaiji Gold Project Geology Map


Schematic Genetic Model for Huaiji Project

HNK Permit
  • Numerous old adits


  • 15 Au-bearing veins identified
    ·Length: 100-~1,000m
    ·Width: 0.1-1.5m


  • Drilling

  • ·ZK0001, ZK0002, ZK0003, ZK1001, ZK2001, ZK2002, ZK3001, ZK1501 and ZK3101 targeting vein V9
    ·ZK11901, ZK11902, ZK11801, ZK11802 and ZK12801 targeting vein V109

  • Future Work
    ·Additional drilling to define resources
    ·Tunnelling to trace mineralization
    ·Additional prospecting


HNK Project Drill Hole Intersections

XSK Permit
  • Numerous old adits


  • One 200 m long old adit
    ·Au mineralization zone accompanied with strong deformation, silicification, ferritization sericitization
    ·Mined-out area: 1.7 g/t Au over 6.02m


  • Another branch tunnel: 5.21 g/t Au over 1.8m


  • Soil geochemical survey program followed by sampling and geophysics



XSK Property Artisanal Mining Adits
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