VANCOUVER, BRITISH COLUMBIA – March 25, 2011 – New Pacific Metals Corp. (TSX-V: NUX) (the “Company”) today announced the resignation of Dr. Hugh Abercrombie as president of the Company effective March 21, 2011. The Company thanks Dr. Abercrombie for his contribution to the Company. The Company announces the addition of Albert Siega as vice-president mining, Alex Zhang as chief exploration geologist of the Company and Mark Greasley as general manager of the Tagish Lake project.
Mr. Siega P.Eng., MBA has 20 years of experience in the mining industry with Golder Associates, Century Mining, Hunter Dickinson, Areva, and Syncrude. His experience includes all aspects of underground and open pit mine engineering, economic analysis, and reserve estimation.
Mr. Zhang, M.Sci, M.Eng has 20 years of experience and has worked with Eldorado Gold, Afcan Mining, and Sino Gold. He supervised the exploration activities of two major gold projects from exploration through development to production, and brings a full range of technical and managerial skills related to exploration project, data collection and validation, drill database setup, 3D modeling of geology bodies, block modeling, and other technical aspects of exploration projects.
Mr. Greasley, P.Eng has over 25 years of experience in underground mining development and operations with Matthews Contracting Ltd, Dynatec, Anmar, Whelan Mining, AMC, and TESC. His experience includes all aspects of underground mining, industrial mechanical and heavy civil construction and development.
Mr. Siega, Mr. Zhang, and Mr. Greasley are leading the Company’s group of geologists and engineers in regards of Company’s 2011 exploration plan which is moving forward on three fronts: permitting, engineering work for camp expansion and de-watering declines, and geological modelling and planning of drill targets.
About New Pacific Metals Corp.
New Pacific Metals Corp. is engaged in the exploration and development of mineral resources in Canada. The Company’s strategy is to focus on projects, which it believes can be developed in a relatively short time frame into high-margin operations with reasonable development capital profiles. Its goal is to get a project into production with sufficient initial resources, but before the full resource potential of the property is defined, so that further exploration and potential development costs can be funded from the cash flows generated from early operations.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.