Junior Mining Expert Eyes Silver

New Pacific Metals (Vancouver: NUAG) (OTC: NUPMF) — a silver exploration firm — released more assays earlier this week from its ongoing drilling program on its Silver Sand project in Bolivia. This latest batch of 20 holes come from an infill program designed to confirm the continuity of areas outlined in 2018.

The drills continue to turn up long intersections of high-grade silver, as evidenced by the 165.5 meters of 204 g/t silver generated by Hole DSS522506. That intersection included 45.0 meters running an amazing 641 g/t silver.

The results included additional highlights such as 75.8 meters of 128 g/t silver from Hole DSS427501 and 140.7 meters of 109 g/t silver cut by Hole DSS4408. Those hole numbers are a mouthful, but they reflect the massive size of this project. The company has added a fourth drill to the project, in pursuit of a maiden resource estimate by the end of the year.

It’s clear that Rui Feng and team are onto something big here, and coincidentally building large-scale, high-grade resources just when silver is kicking into high gear.

Even current elevated levels are but a taste of what’s to come as long as the company continues to put out high-grade results into a rising silver market. New Pacific remains a buy at current levels and a strong buy on any short-term weakness.

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