27 Jul, 10

New Pacific Metals Signs Agreement to Sell Its 100% Interest in the XSK and HNK Gold-Polymetallic Projects in Guangdong for $30.5 Million

Vancouver, British Columbia (July 27, 2010) – New Pacific Metals Corp. (TSXV: “NUX.V”) (“New Pacific”) announces that its sole subsidiary company has signed a share transfer and cooperation framework agreement (the “Agreement”) with a Chinese gold investment company, the PGC Group Co. Ltd. According to the Agreement, New Pacific will transfer its 100% interest in Jin Chang Jiang Mining Co. Ltd. (“JCJM”), a wholly owned foreign enterprise in China, to the PGC Group for $30.5 million. JCJM’s main assets are the XSK and HNK gold-polymetallic projects in Guangdong, China. The PGC Group is a Chinese government controlled enterprise located in Shandong province. The PGC’s total assets were about $339 million by the end of 2009 and its sales revenue was about $150 million in 2009.

Pursuant to the Agreement, the PGC will first purchase a 60% interest of JCJM for $15.25 million in three instalments: 1) first payment of $3.05 million within 5 business days after signing the Agreement; 2) second payment of $4,575,000 within 25 business days after required due diligent documents are provided to the PGC Group; and 3) third payment of $7,625,000 within 5 business days after the 60% interest being officially transferred to the PGC Group, as evidenced by a new business license issued by Chinese government authorities. After the first purchase, JCJM will become a 60%/40% joint venture between the PGC Group and New Pacific.

The PGC Group will purchase the remaining 40% interest from New Pacific for $15.25 million within 24 months after signing the Agreement. The consideration for the payment will be through the issuance of shares of a subsidiary of the PGC Group. The subsidiary is in the process of applying for an initial public offering (“IPO”) or reverse take-over (“RTO”) on one of the Chinese stock exchanges. In the event that the subsidiary of the PGC Group fails to be listed through IPO or RTO, or if it does not wish to issue shares to New Pacific, then the PGC Group agrees that it will make a cash payment of $15.25 million to New Pacific for the remaining 40% interest.

New Pacific has agreed to pay a finder’s fee of 6% for the first $15.25 million payment and 5% for the second $15.25 million payment.

The completion of the whole transaction is subject to government and regulatory authorities approval.

About New Pacific Metals Corp.

New Pacific is engaged in the exploration and development of mineral resources, gold-poly-metallic projects in China and other jurisdictions. New Pacific has extensive experience in implementing high grade resource development projects. For more information about New Pacific, visit the company’s website at www.newpacificmetals.com.

For Further Information:
New Pacific Metals Corp.
Investor Relations
Phone: +1 (604) 633-1368
Fax: +1 (604) 669-9387
Email: info@newpacificmetals.com
Website: www.newpacificmetals.com

Forward Looking Information

This news release may contain forward looking statements, being statements which are not historical facts, including, without limitation, statements regarding the proposed acquisition of Tagish Lake common shares by New Pacific, the offer to pay out the secured and unsecured creditors ,and discussion of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based on a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. New Pacific Metals disclaims any intention or obligations to revise or update such statements. The following factors, among others, could cause actual results or developments to differ materially from the results or developments expressed or implied by forward looking statements: New Pacific cannot determine the number of Tagish Lake shareholders who may accept New Pacific’s Offer; New Pacific may not succeed in acquiring 66 2/3% of the outstanding Tagish Lake shares (on a fully-diluted basis); If the Offer is successful, New Pacific may not be successful in assisting Tagish Lake to obtain, and Tagish Lake may not obtain, the regulatory and other approvals and financing required to develop the Skukum mineral district; Tagish Lake may not be successful in developing the Skukum mineral district.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.

21 Jul, 10

New Pacific Metals Formally Commences Cash/Share Offer to Acquire All of the Outstanding Common Shares and Debt of Tagish Lake Gold Corp.

Offer Saves Tagish Lake from Bankruptcy Risk and offers a 50% Premium to Tagish Lake Shareholders

Vancouver, British Columbia (July 21, 2010) — New Pacific Metals Corp. ( TSXV: “NUX.V”) (“New Pacific”), announced today that it has commenced its formal offer to purchase all of the outstanding common shares (the “Offer“) and secured and unsecured debt of Tagish Lake Gold Corp. (“Tagish Lake“, TSXV: TLG.V). New Pacific has filed its take-over bid circular (the “Circular“) on SEDAR and will mail the Circular to all Tagish Lake securities holders today.

Offer to Shareholders: The Offer permits Tagish Lake shareholders, for each Tagish Lake share tendered to the Offer to choose between:

(a) $0.06 per share in cash (the “Cash Election“); or

(b) 0.0822 of a New Pacific share (the “Share Election“), at an implied price of $0.73 per New Pacific share, being the 20 day volume-weighted average closing price (“VWAP“) of New Pacific shares on the TSX Venture Exchange (“TSXV“) on July 2, 2010 (being the last trading day prior to the announcement of New Pacific’s intention to make an offer to acquire Tagish Lake); or

(c) a combination of 50% in cash and 50% in New Pacific shares (the “Combined Election“).

New Pacific is concurrently offering to purchase for cash the approximately $7.4 million in secured and unsecured debt on the books of Tagish Lake, which would enable Tagish Lake to remove itself from Companies Creditors Arrangement Act (“CCAA”) protection from creditors.

Offer to Secured Creditors: New Pacific is offering to pay Secured Creditors 100% of their proven claim amounts in cash with no conditions. Secured Creditors who accept the offer will be paid regardless of the outcome of the takeover bid.

Offer to Unsecured Creditors: New Pacific is offering to pay Unsecured Creditors 100% of the value of their proven claim amounts in cash, subject to certain conditions, including the minimum tender condition under the takeover bid being satisfied and New Pacific taking up and paying for common shares under the Offer.

The Offer for the Tagish Lake common shares represents a premium of 50% over Tagish Lake’s closing share price on July 2, 2010 and a 50% premium to Tagish Lake’s 20-day and year to date VWAP on the TSXV.

The Offer also represents a premium of approximately 860% over the value implied in the failed acquisition proposed by YS Mining Company Inc. (“YS Mining“) for Tagish Lake in 2009. YS Mining is the principal secured creditor and a shareholder of Tagish Lake. The proposed transaction with YS Mining was approved by the Tagish Lake Board of Directors and valued Tagish Lake at $0.00625 per share or $811,375 for the entire company. The transaction did not receive approval from the TSXV and was subsequently terminated.

The Offer also saves Tagish Lake from the potential risk of bankruptcy, or seizure of its Skukum Mineral district properties by secured creditors, and represents a superior alternative to the current situation where Tagish Lake management has petitioned the company into protection under the CCAA. The CCAA protection commenced April 9, 2010, and Tagish Lake management have yet to present a restructuring plan to settle Tagish Lake’s debts.

The Honourable Jack Austin, Chairman of New Pacific said:

“We are offering Tagish Lake shareholders a choice: tender to our offer to receive liquidity, value and certainty today or face a risky future with Tagish Lake, whose plan is expected to involve a debt restructuring or liquidation of Tagish Lake’s principal asset under the CCAA process. Tagish Lake shareholders also have the opportunity to participate in the future development of the Skukum mineral district if they elect to take New Pacific shares under the Offer.”

Some important considerations for Tagish Lake shareholders include:

– YS Mining is a wholly owned subsidiary of Yukon-Shaanxi Mining Company, a joint venture between Yukon-Nevada Gold Corp. (YNG.T), and Northwest Non-Ferrous International Investment Company Limited. In November 2009 YS Mining acquired from Macquarie Bank the $1.5 million credit facility secured against the Skukum Creek gold property that was then in default. YS Mining also owns as of record approximately 10.8% of the outstanding common shares of Tagish Lake.

– In contravention of corporate law and TSXV requirements, an annual general meeting of the Tagish Lake shareholders has not been held since March 2007. Only Robert Chaffee has actually been elected by Tagish Lake shareholders. All other directors were appointed by existing directors.

– Tagish Lake is now effectively controlled by its principal secured creditor, YS Mining. Graham Dickson, the CEO and President of Tagish Lake, is the President and CEO of YS Mining and the COO of Yukon-Nevada Gold Corp, which is a 42% joint venture partner in YS Mining. The Corporate Secretary of Tagish Lake is also the Corporate Secretary of Yukon-Nevada Gold.

– All current Board members of Tagish Lake are connected in some respect to YS Mining or to YS Mining’s 42% shareholder, Yukon-Nevada Gold: Messrs. Dickson and Sun are also directors of YS Mining; Robert Chafee, Neil Steenberg, and Peter Holbek were previously Directors of Yukon-Nevada Gold. On July 6, 2010, Tagish Lake announced the appointment of John H. Resing to the Tagish Lake Board. Messrs. Resing and Chafee were management nominees for director of Yukon-Nevada Gold, as set out in Yukon-Nevada’s April 14, 2010 Information Circular, although it does not appear that either was elected. Tagish Lake later announced, on July 15, 2010, that concurrently with the appointment of Mr. Resing, Ren Xiaohua, who is currently a director of YS Mining, resigned as a director of Tagish Lake. On or about the same day that Mr. Resing was appointed to the Tagish Lake Board and Mr. Ren resigned, the President of Tagish Lake advised New Pacific that an independent committee had been formed to consider the Offer. Mr. Resing was appointed as the chair of the independent committee.

It appears that the Board of Directors and the management of Tagish Lake are closely aligned with YS Mining, the principal creditor and a major shareholder of Tagish Lake. It is the current Board and management team that petitioned Tagish Lake into CCAA protection.

– In April 2010 the Board of Directors of Tagish Lake granted themselves a total of 11,981,725 incentive stock options at the minimum price permitted by the TSXV rules. On July 15, 2010, the Board of Directors of Tagish Lake granted themselves an additional 2,000,000 incentive stock options. Notwithstanding that New Pacific owns approximately 9.9% of the issued and outstanding shares of Tagish Lake, New Pacific has twice requested and been refused a copy of the Tagish Lake stock option plan on the basis of Tagish Lake’s assertion that it is a private document.

– The proposed acquisition of Tagish Lake by YS Mining in 2009 not only destroyed shareholder value, but also consumed almost a full year of management’s time and considerable expense, caused the Company to forgo other opportunities and risked seizure of the Company’s main asset by the secured creditors.

Background to the Offer

From late February 2010 until prior to announcing this Offer on July 5, 2010, New Pacific, through its management and through intermediaries, attempted to engage Tagish Lake’s management or Directors in discussions regarding a possible transaction. No meaningful discussions resulted from these efforts. On July 2, New Pacific presented a written proposal to the Board of Tagish Lake offering to immediately pay off and take an assignment of any outstanding secured loans and to agree not to enforce any security for at least one year, in conjunction with a friendly acquisition of Tagish Lake at $0.06 per common share, pursuant to a statutory Plan of Arrangement. Mr. Dickson advised New Pacific that Tagish Lake was unable to respond within the time contemplated in the proposal, after which New Pacific publicly announced its intentions in order to comply with applicable law and stock exchange rules. Representatives of New Pacific and Tagish Lake have met since July 5 but were unable to progress discussions based on the New Pacific proposal, with the Tagish Lake independent committee taking the position that they were unable to consider the proposal since it was not a formal offer and did not include a term sheet. New Pacific has therefore reluctantly decided to make its proposal directly to Tagish Lake shareholders and creditors, although New Pacific remains open to discussions with the Tagish Lake board, at their discretion.

Once New Pacific is successful in acquiring control of Tagish Lake, its priority will be to have Tagish Lake removed from CCAA protection and direct Tagish Lake to make any related court applications, to call an annual general meeting to elect directors, to replace current management, to settle all of its debts, to arrange financing for operating capital, and to use New Pacific’s recognized financing, development and mining expertise to rapidly advance Tagish Lake’s Skukum mineral district properties towards production.

New Pacific currently holds 14.3 million shares of Tagish Lake, which were acquired in the market at prevailing prices. This represents approximately 9.9% of Tagish Lake’s issued and outstanding shares. New Pacific may acquire additional Tagish Lake shares during the course of the bid and if it does so it will advise the market in accordance with applicable securities laws.

The Offer is open for acceptance until 8:00 pm (Vancouver time) on September 2, 2010 unless it is extended or withdrawn. The Offer, and the offer to Unsecured Creditors, is subject to certain customary conditions including: a minimum tender threshold of 66 2/3% of the Tagish Lake Shares, receipt of all required regulatory approvals and third-party consents, the absence of any material adverse change in Tagish Lake; the absence of certain prohibited activities on the part of Tagish Lake (including share issuances, material debt issuances, acquisitions and dispositions) between the date hereof and the expiry of the Offer; and no untrue statements or omissions in Tagish Lake’s public disclosure.

Investors may obtain a free copy of the Circular and other documents filed by New Pacific with the Canadian securities regulators at www.sedar.com. The Circular and other documents may also be obtained for free from New Pacific’s website or by directing a request to New Pacific’s investor relations department by telephone at 1-888-224-1881, fax 604-669-9387 or e-mail info@newpacificmetals.com or by contacting the Information Agent, Kingsdale Shareholder Services Inc., toll free at 1-888-518-6812.

Secured and Unsecured Creditors of Tagish Lake may obtain more information by contacting New Pacific at the above phone numbers, or by email to: debtinfo@newpacificmetals.com

About New Pacific Metals Corp.

New Pacific is engaged in the exploration and development of mineral resources, gold-poly-metallic projects in China and other jurisdictions. New Pacific has extensive experience in implementing high grade resource development projects. For more information about New Pacific, visit the company’s website at www.newpacificmetals.com.

For Further Information:
New Pacific Metals Corp.
Investor Relations
Phone: +1 (604) 633-1368
Fax: +1 (604) 669-9387
Email: info@newpacificmetals.com
Website: www.newpacificmetals.com

Forward Looking Information

This news release may contain forward looking statements, being statements which are not historical facts, including, without limitation, statements regarding the proposed acquisition of Tagish Lake common shares by New Pacific, the offer to pay out the secured and unsecured creditors ,and discussion of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based on a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. New Pacific Metals disclaims any intention or obligations to revise or update such statements. The following factors, among others, could cause actual results or developments to differ materially from the results or developments expressed or implied by forward looking statements: New Pacific cannot determine the number of Tagish Lake shareholders who may accept New Pacific’s Offer; New Pacific may not succeed in acquiring 66 2/3% of the outstanding Tagish Lake shares (on a fully-diluted basis); If the Offer is successful, New Pacific may not be successful in assisting Tagish Lake to obtain, and Tagish Lake may not obtain, the regulatory and other approvals and financing required to develop the Skukum mineral district; Tagish Lake may not be successful in developing the Skukum mineral district.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.

05 Jul, 10

New Pacific Metals Announces Intention to Make Take-over Bid for Tagish Lake Gold Corp.

Vancouver, British Columbia (July 5, 2010) — New Pacific Metals Corp. (TSXV: “NUX.V”) (“New Pacific”), announces today that it intends to make an offer to purchase all of the common shares (the “Offer“) of Tagish Lake Gold Corp. (“Tagish Lake“, TSXV: TLG.V). New Pacific’s offer is $0.06 per share payable in cash or in 0.0822 New Pacific shares, or a combination of 50% in cash and 50% in New Pacific shares at the election of the Tagish Lake shareholders. New Pacific is concurrently offering to purchase for cash the approximately $7.4 million in secured and unsecured debt on the books of Tagish Lake. Secured creditors of Tagish Lake (the “Secured Creditors“) are being offered 100% of their proven claim amounts with no conditions, and unsecured creditors (the “Unsecured Creditors“) will be offered 100% of their debt on the books of the Company subject to the fulfillment of certain conditions under the take-over bid.

The Offer for the Tagish Lake common shares represents a premium of 50% over Tagish Lake’s closing share price on July 2, 2010, and a 50% premium to Tagish Lake’s 20-day, and year to date volume-weighted average closing price (“VWAP“) on the TSX Venture Exchange (“TSXV”). New Pacific is offering Tagish Lake shareholders certainty, and a solution to remove Tagish Lake from Companies Creditors Arrangement Act (“CCAA“) protection, with a compelling premium to the longstanding share price, in a bid that enables them to choose to cash out or participate in the development of Tagish Lake’s Skukum Creek Gold District.

New Pacific has $10 million in cash, a further $10 million available under a line of credit, a transparent ownership structure and a track record of raising capital in North American financial markets. Its management and directors have a history of operational success in bringing high grade, narrow vein mines into production effectively.

The Offer

The Offer permits Tagish Lake shareholders to choose between:

(a) $0.06 per share in cash (the “Cash Election“); or

(b) 0.0822 of a New Pacific share (the “Share Election“), at an implied price of $0.73 per New Pacific share, being the 20 day VWAP of New Pacific shares on the TSXV up to July 2, 2010; or

(c) a combination of 50% in cash and 50% in New Pacific shares (the “Combined Election“).

Consideration receivable by Tagish Lake shareholders under the Offer represents a compelling 50% premium over both Tagish Lake’s closing share price of $0.04 on the TSXV on July 2, 2010 and Tagish Lake’s 20-day and year to date VWAPs on the TSXV.

Further:

– the Offer represents a premium of approximately 860% over the offered value that had been approved by the Tagish Lake Board of Directors under the proposed amalgamation in 2009 with YS Mining Company Inc. (“YSM” or “YS Mining“), which valued the Tagish Lake shares at $0.00625 per share. That proposed amalgamation did not receive approval from TSXV and was subsequently terminated by YSM (see Tagish Lake press releases of April 2, May 19, June 12, July 2, August 11 & 19, 2009)

– the Offer also represents a superior alternative to Tagish Lake management’s submission to the Supreme Court of British Columbia in the CCAA action that the asset value of the Company is less than its $7.4 million debt.

Offer to Secured Creditors

New Pacific is offering to pay Secured Creditors 100% of their proven claim amounts in cash. Secured Creditors who accept the offer will be paid regardless of the outcome of the takeover bid.

Offer to Unsecured Creditors

New Pacific is offering to pay Unsecured Creditors 100% of the value of their debt on the books of the Company, subject to the minimum tender condition under the takeover bid being satisfied and New Pacific taking up and paying for Tagish Lake shares tendered to the Offer.

Additional Details of the Offer

Full details of the Offer and the offer to the Secured Creditors and Unsecured Creditors will be contained in a formal offer and take-over bid circular to be filed with securities regulatory authorities and mailed to Tagish Lake shareholders and creditors. New Pacific has formally requested a list of Tagish Lake shareholders and expects to formally launch its Offer as soon as practicable following receipt of the Tagish Lake shareholder list. The Offer will remain open for at least 35 days following the commencement of the Offer. Copies of the Offer, offering circular and related documents will also be made available under New Pacific’s filings on the SEDAR system: www.sedar.com.

The Offer, and the offer to Unsecured Creditors will be subject to certain customary conditions including: a minimum tender threshold of 66 2/3% of the Tagish Lake Shares, receipt of all required regulatory approvals and third-party consents, the absence of any material adverse change in Tagish Lake; the absence of certain prohibited activities on the part of Tagish Lake (including share issuances, material debt issuances, acquisitions and dispositions) between the date hereof and the expiry of the Offer; and no untrue statements or omissions in Tagish Lake’s public disclosure.

New Pacific holds, through a wholly owned subsidiary, 14,300,000 shares of Tagish Lake acquired at prevailing prices through the facilities of the TSXV, representing 9.9% of the current issued and outstanding capital of Tagish Lake.

This press release does not constitute an offer to buy or an invitation to sell, or the solicitation of an offer to buy or invitation to sell, any of the securities of New Pacific or Tagish Lake. Such an offer may only be made pursuant to an offer and take-over bid circular filed with the securities regulatory authorities in Canada.

Background to the Offer

Due to threats from secured creditors to seize the Company’s assets, Tagish Lake sought, and is currently under Court protection from creditors pursuant to, an Order of the Supreme Court of British Columbia, under the CCAA granted April 9, 2010, as extended and amended by a Claims Process Order on May 7, 2010. See Tagish Lake press releases of April 12, May 6, and May 17, 2010.

Prior to announcing this Offer, New Pacific made a written proposal to the Board of Tagish Lake offering to immediately pay off and take an assignment of any outstanding secured loans and to agree not to enforce any security for at least one year, in conjunction with a friendly acquisition of Tagish Lake at $0.06 per common share, pursuant to a statutory Plan of Arrangement. On July 4, 2010, New Pacific received a response from the CEO of Tagish Lake advising that the board was prepared to discuss the proposal, but was unable to convene a board meeting to consider the matter until Tuesday July 6, 2010. New Pacific looks forward to hearing from the Tagish Lake board.

While New Pacific would much prefer to negotiate a friendly transaction with Tagish Lake, New Pacific is of the view that its proposal to Tagish Lake is material information that must be disclosed to the market. There is no certainty that a negotiated transaction on acceptable terms can be reached.

Should New Pacific be successful in its proposed offer, a priority will be to call an annual general meeting to elect directors, as the last shareholder meeting was held in March 2007.

New Pacific has secured a letter of credit in the amount of up to $10,000,000 with a shareholder of New Pacific. The letter of credit will bear interest at the Bank of Montreal prime rate plus 7% per annum, and New Pacific must pay an establishment fee of up to $350,000.

About New Pacific Metals Corp.

New Pacific is engaged in the exploration and development of mineral resources, gold-poly-metallic projects in China and other jurisdictions. New Pacific has extensive experience in implementing high grade resource development projects. For more information about New Pacific, visit the company’s website at www.newpacificmetals.com.

For Further Information:
New Pacific Metals Corp.
Investor Relations
Phone: +1 (604) 633-1368
Fax: +1 (604) 669-9387
Email: info@newpacificmetals.com
Website: www.newpacificmetals.com

Forward Looking Information

This news release may contain forward looking statements, being statements which are not historical facts, including, without limitation, statements regarding the proposed acquisition of Tagish Lake common shares by New Pacific, the offer to pay out the secured and unsecured creditors ,and discussion of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based on a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. New Pacific Metals disclaims any intention or obligations to revise or update such statements. The following factors, among others, could cause actual results or developments to differ materially from the results or developments expressed or implied by forward looking statements: New Pacific cannot determine the number of Tagish Lake shareholders who may accept New Pacific’s Offer; New Pacific may not succeed in acquiring 66 2/3% of the outstanding Tagish Lake shares (on a fully-diluted basis); If the Offer is successful, New Pacific may not be successful in assisting Tagish Lake to obtain, and Tagish Lake may not obtain, the regulatory and other approvals and financing required to develop the Skukum Mineral District; Tagish Lake may not be successful in developing the Skukum Mineral District.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.

14 Jun, 10

New Pacific Metals Corp. Announces the Appointment of President – Dr. Rui Feng

VANCOUVER, BRITISH COLUMBIA – (JUNE 14, 2010) – New Pacific Metals Corp. (the “Company”) is pleased to announce the appointment of Dr. Rui Feng as its President. Dr. Feng obtained his Ph.D. in Geological Sciences from the University of Saskatchewan, Canada, in 1992. Since 1994, Dr. Feng founded several junior Canadian mining/exploration companies with a business focus in China. Currently, Dr. Feng is the Chairman and Chief Executive Officer of Silvercorp Metals Inc. (NYSE/TSX: SVM).

The Company has granted a total of 1.57 million shares of incentive stock options to directors, officers, employees and consultants of the Company, subject to regulatory approval. The options are exercisable at $0.65 with a term of five years, and are subject to a vesting period of 48 months. The shares issuable under the options are subject to a hold period expiring October 15, 2010.

About New Pacific Metals Corp.

New Pacific Metals Corp. is an exploration stage company engaged in the acquisition and exploration of mineral properties. The Company is actively seeking out acquisition projects in China and other jurisdictions, while exploring for gold-poly-metallic projects in China.

For Further Information:
New Pacific Metals Corp.
Ivy Li, Investor Relations
Phone: +1 (604) 633-1368
Fax: +1 (604) 669-9387
Email: info@newpacificmetals.com
Website: www.newpacificmetals.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.

10 Jun, 10

New Pacific Metals Corp. Stakes Eva Lake Property in British Columbia

VANCOUVER, BRITISH COLUMBIA – (June 10, 2010) – New Pacific Metals Corp. (TSX-V: NUX) is pleased to announce that the Company has staked Eva Lake Property consisting of 65 contiguous claims of 260 km2 west of Gladys Lake, approximately 35 km northeast of Atlin, British Columbia, Canada.

Geology of the Eva Lake Property consists of Carboniferous and Permian Cache Creek group sedimentary rocks intruded by Cretaceous Surprise Lake batholith. This highly perspective area of the project was first recognized by stream/lake samplings conducted by the Geological Survey of Canada in 1977 (GSC Open File 517). After the data was made public, Noranda Mines Ltd, through its subsidiary Mattagami Lake Mines Ltd, staked part of the Surprise Lake batholith and conducted an airborne EM/magnetic survey and some surface drilling in 1980 (Assessment Report 8638).

In the airborne EM/magnetic survey, 51 EM anomalies, many of them overlapping with magnetic anomalies, were identified. The most prominent EM/magnetic anomaly zone of over 7 km long occurs at the south contact between the batholith and sedimentary rocks. No follow up work has been conducted on these significant anomalies over the contact zone. Within the batholith, at least two northeast trending zones of EM anomalies were identified, one of them is over 6 km long, also overlapping with magnetic anomalies. Subsequent surface exploration work, including soil geochemical survey and diamond drilling, was focused on the batholith. The soil geochemical surveys identified several lead-zinc anomalies overlapping with EM/magnetic anomalies. Concurrently, 16 diamond drill holes were drilled to test the anomalies. According to the drill log (Assessment Report 8638), the most significant drill intersects were an 8.69 m mineralization interval estimated at 5-35% sphalerite, 5-20% magnetite and a 6.10 m mineralization interval estimated at 5-40% sphalerite, 1-25% magnetite. The cores were not assayed.

Union Oil Company of Canada and several other companies also actively explored in the area (Assessment Report 6362, 6468, 6509, 6905, 7556). Pursuant to Assessment Report 7556, quartz-rich hydrothermal veins developed in the intrusion define linear mineralization zones. One such zone consists of two parallel veins measured in excess of 180 m long, 4 m wide, and 10 m in vertical height with chip samples yielding up to 9.25% zinc. In addition, several other mineral showings are also located on the property with significant lead, zinc, silver, uranium, molybdenum, tungsten, and copper mineralization. Since then (early 1980s), no further work has been carried out.

New Pacific Metals Corp. plans to conduct a high resolution airborne geophysical survey covering the area in the 2010 field season. Follow-up program will include geological mapping, soil and rock sampling to generate suitable drilling target.

Randy Cullen, P.Geo, consultant to New Pacific Metals Corp., is the Qualified Person on the project.

About New Pacific Metals Corp.

New Pacific Metals Corp. is an exploration stage company engaged in the acquisition and exploration of mineral properties. The Company is actively seeking out acquisition projects in China and other jurisdictions, while exploring for gold-poly-metallic projects in China.

For Further Information:
New Pacific Metals Corp.
Ivy Li, Investor Relations
Phone: +1 (604) 633-1368
Fax: +1 (604) 669-9387
Email: info@newpacificmetals.com
Website: www.newpacificmetals.com

CAUTIONARY DISCLAIMER — FORWARD LOOKING STATEMENTS

Statements in this press release other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s business, including risks inherent in mineral exploration, development, and mining. Production and revenue projections are based not on mineral reserves but on mineral resources which do not have demonstrated economic viability. As a result, actual results may vary materially from those described in the forward-looking statements. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. The Company does not undertake any obligation to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws. The Company expressly disclaims any obligation to update any forward-looking statements. We seek safe harbour.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.

03 Jun, 10

New Pacific Metals Corp. Announces Updated Resource Estimate

VANCOUVER, BRITISH COLUMBIA – (JUNE 3, 2010) – New Pacific Metals Corp. (TSX-V: NUX) is pleased to announce an estimate of the mineral resources on the HNK Gold project (“HNK Property”) located in the Guangdong Province, Southern China. An “inferred resource” estimate is outlined in a National Instrument 43-101 compliant technical report entitled “Technical Update of the HNK Gold Project, Guangning County, Guangdong Province, People’s Republic of China” dated April 23, 2010 (the “Report”). Peter G. Folk, P. Eng., an independent Qualified Person, as defined by NI 43-101, authored the report which will be available for review on the SEDAR system and on the Company’s website (www.newpacificmetals.com).

Located in Guangdong Province, Southern China, the HNK property consists of a series of quartz veins within Cambrian sedimentary rocks near Cretaceous granodiorite intrusions. There are at least 18 gold-bearing quartz veins on the property with the northeast-southwest trending V9 shear vein being of primary interest. The V9 vein has been traced 820 m along strike (open to the southwest) and has been explored by diamond drilling to depths of almost 400 m (open to depth). The vein has a true thickness up to 3.4 m. Mineralization includes Pb-Zn sulphides and pyrite with variable amounts of gold and silver. A preliminary metallurgical test completed in 2009 confirmed that floatation processes are suitable for this type of mineralization. Metal recoveries were 92% for gold, 91% for silver, 96% for lead, and 92% for zinc.

Exploration work carried out by New Pacific Metals Corp. has consisted of 14,925 m of NQ diamond drilling in 51 holes and the excavation of 3,485 m of underground workings. Over 35.6 km� of detailed soil geochemistry and 9.65 km� of IP survey have also been conducted since 2007 to delineate additional mineralized veins. The result from the exploration work continues to be encouraging.

The inferred resource** estimate utilized polygons and an elliptical search on a vertical longitudinal section of the V9 vein.

Resource Category

Cut-off Grade

Tonnes

Gold (g/t)

Contained
Gold (g)

Contained
Gold (oz)

Inferred

1 g/t Au

778,898

6.5

5,051,091

162,396

**By definition an inferred resource can not form the basis of any type of economic evaluation of the property

Peter G. Folk, P. Eng., an Independent Qualified Person as defined by NI 43-101, has reviewed and has given consent to this press release disclosing the resource and has confirmed that this press release fairly and accurately represents the information in the technical report.

About New Pacific Metals Corp.

New Pacific Metals Corp. is an exploration stage company engaged in the acquisition and exploration of mineral properties. The Company is actively seeking out acquisition projects in China and other jurisdictions, while exploring for gold-poly-metallic projects in China.

For Further Information:
New Pacific Metals Corp.
Ivy Li, Investor Relations
Phone: +1 (604) 633-1368
Fax: +1 (604) 669-9387
Email: info@newpacificmetals.com
Website: www.newpacificmetals.com

CAUTIONARY DISCLAIMER — FORWARD LOOKING STATEMENTS

Statements in this press release other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company’s business, including risks inherent in mineral exploration, development, and mining. Production and revenue projections are based not on mineral reserves but on mineral resources which do not have demonstrated economic viability. As a result, actual results may vary materially from those described in the forward-looking statements. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. The Company does not undertake any obligation to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws. The Company expressly disclaims any obligation to update any forward-looking statements. We seek safe harbour.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.

17 May, 10

New Pacific Metals Corp. Announces Results for the Three Months Ended March 31, 2010

VANCOUVER, BRITISH COLUMBIA – (MAY 17, 2010) – New Pacific Metals Corp. (TSX-V: NUX) (the “Company”) announces its unaudited consolidated financial results for the three months ended March 31, 2010. All figures are expressed in Canadian Dollars, other than share data.

HIGHLIGHTS

During the three months ended March 31, 2010, the Company received $233,850 (CNY�1,500,000) in cash from sales of tunneling exploration by-products.

For the three months ended March 31, 2010, the Company incurred a loss of $443,752, or $0.01 per share (three months ended March 31, 2009 – income $63,760 or $0.002 per share). Compared to the same period last year, the loss increased by $507,512 mainly due to:

> Foreign exchange loss of $3,665 was recorded during the quarter, while a foreign exchange gain of $474,714 was recorded in the same period last year.

> Interest income decreased by $64,831 due to lower interest rate.

> General explorations increased by $46,613 to $71,862 for property investigations.

As at March 31, 2010, the Company had a working capital position of $9,862,178 (June 30, 2009 – $11,003,475). Cash and cash equivalents plus short term investments, as at March 31, 2010, amounted to $9,847,590 (June 30, 2009 – $11,357,917) and are unencumbered. Short term investments are invested in high quality money market instruments.

The Company’s Unaudited Interim Consolidated Financial Statements and Management’s Discussion and Analysis are available for review on our website at www.newpacificmetals.com and through SEDAR at www.sedar.com.

About New Pacific Metals Corp.

New Pacific Metals Corp. is an exploration stage company engaged in the acquisition and exploration of mineral properties. The Company is actively seeking out acquisition projects in China and other jurisdictions, while exploring for gold-poly-metallic projects in China.

For Further Information:
New Pacific Metals Corp.
Ivy Li, Investor Relations
Phone: +1 (604) 633-1368
Fax: +1 (604) 669-9387
Email: info@newpacificmetals.com
Website: www.newpacificmetals.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.

14 Apr, 10

New Pacific Metals Corp. Announces Management Changes

VANCOUVER, BRITISH COLUMBIA – (APRIL 14, 2010) – New Pacific Metals Corp. (TSX-V: NUX) (the “Company”) today announced the resignation of Mr. Ludgero Duarte as President and CEO of the Company effective April 9, 2010 for personal reasons. Mr. Duarte joined NUX as a director in August 2006, and assumed the position of President and CEO in November 2008. The Board of Directors thanks Mr. Duarte for his contribution to the Company. Mr. Duarte will continue to provide consulting services during the transition period. The Board of Directors is conducting a search for a successor.

About New Pacific Metals Corp.

New Pacific Metals Corp. is exploring for gold-polymetallic projects in China, utilizing its operating experience in China. New Pacific is actively drilling and tunneling to define mineable high grade gold reserves at its HNK project located in the Guangdong province.

For Further Information:
New Pacific Metals Corp.
Rui Feng, Director
Phone: +1 (604) 633-1368
Fax: +1 (604) 669-9387
Email: info@newpacificmetals.com
Website: www.newpacificmetals.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.

26 Feb, 10

New Pacific Metals Corp. Announces Results for the Three Months Ended December 31, 2010

VANCOUVER, BRITISH COLUMBIA – (FEBRUARY 26, 2010) – New Pacific Metals Corp. (TSX-V: NUX) (the “Company”) announces its unaudited consolidated financial results for the three months ended December 31, 2009. All figures are expressed in Canadian Dollars, other than share data.

HIGHLIGHTS

For the three months ended December 31, 2009, the Company incurred a loss of $486,747, or $0.02 per share (three months ended December 31, 2008 – $111,058 or $0.004 per share). Compared to the same period last year, the loss increased by $375,689 mainly due to:

> Travel and promotion expenses increased by $41,774 due to more travel activities for property investigations, as well as travel expenses incurred for Huaiji Project.

> Interest income decreased by $68,733 due to lower interest rate.

> A gain on disposal of mineral property interests of $15,330 (CNY�100,000) was recorded during the quarter, which was $202,230 less than gain on disposal of mineral property interest of $217,560 (CNY�1,200,000) recorded in the same period last year.

As at December 31, 2009, the Company had a working capital position of $9,820,677 (June 30, 2009 – $11,003,475). Cash and cash equivalents plus short term investments, as at December 31, 2009, amounted to $10,169,610 (June 30, 2009 – $11,357,917) and are unencumbered. Short term investments are invested in high quality money market instruments.

OUTLOOK

The Company’s strategy is to strengthen and grow through the exploration and development of its current portfolio of China based projects, as well as to acquire further high potential mineral prospects to enhance shareholders value.

Based on the significant drilling results during fiscal 2009, the Company will continue with the extensive underground tunneling program at the Huaiji Project in order to advance the mineralized zones to mineral resources or reserves.

Meanwhile, the Company is actively seeking out acquisition projects in China and other jurisdictions.

The Company’s Unaudited Interim Consolidated Financial Statements and Management’s Discussion and Analysis are available for review on our website at www.newpacificmetals.com and through SEDAR at www.sedar.com.

About New Pacific Metals Corp.

New Pacific Metals Corp. is exploring for gold-poly-metallic projects in China, utilizing its operating experience in China. New Pacific is actively drilling and tunneling to define mineable high grade gold reserves at its HNK project located in the Guangdong province.

For Further Information:
New Pacific Metals Corp.
Lou Duarte, President & CEO
Phone: +1 (604) 633-1368
Fax: +1 (604) 669-9387
Email: info@newpacificmetals.com
Website: www.newpacificmetals.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.