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  • Silver: 18.58 0.21
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Top Stock News

New Pacific Acquires the Silverstrike Project, Bolivia

The Silverstrike Project, at an elevation of 4,000 to 4,500 metres (“m”), is located approximately 140 kilometres (“km”) southwest of La Paz, Bolivia or approximately 450 km northwest of New Pacific’s Silver Sand Project. The Silverstrike Project consists of nine (9) Special Temporary Authorizations (“ATEs”) with an area of approximately 13km2 currently in the process of conversion to ‘Mining Administrative Contracts’ before AJAM. The Vendor has also applied for exploration rights over areas surrounding the Silverstrike Project as part of the transaction.

New Pacific Announces the Appointment of Dr. Peter Megaw as a Technical Advisor to the Company

VANCOUVER, British Columbia, Feb. 04, 2019 (GLOBE NEWSWIRE) -- New Pacific Metals Corp. (TSX-V: NUAG) (OTCQX: NUPMF) (“New Pacific” or the “Company”) is pleased to announce the appointment of Dr. Peter Megaw, Ph.D., C.P.G., as a technical advisor to the Company with the primary objective of providing strategic and technical advice to senior management. Dr. Megaw has a Ph.D. in geology from the University of Arizona and more than 35 years of relevant experience focused on silver and gold exploration. He has been instrumental in a number of mineral discoveries including MAG Silver's Juanicipio and Cinco de Mayo Properties, Excellon Resources' Platosa Mine, and new ore bodies at existing mines. He is the author of numerous scientific publications on ore deposits and is a frequent speaker at academic and international exploration conferences. Dr. Megaw was also awarded the 2017 Thayer Lindsley Award for the 2003 discovery of the Juanicipio silver deposit in the Fresnillo District, Mexico.

Defiance Acquires Mag Silver's Zacatecas Silver District Holdings; Mag Becomes Strategic Shareholder

Defiance Silver Corp. (TSXV: DEF) (OTC: DNCVF) ("Defiance") is pleased to announce that it has entered into a binding agreement to acquire MAG Silver's Zacatecas Silver District holdings. As consideration for the sale, MAG will acquire 5,000,000 common shares of Defiance representing an approximate 5% strategic investment position. Defiance will receive a 100% interest in MAG's Lagartos Project along with a significant regional exploration database covering 135,000ha stretching from the Zacatecas to the Fresnillo Silver Districts.

AbraPlata Provides Diablillos PEA Status Update and Announces Expiry of Anti-Dilution Right Held by SSR Mining

AbraPlata Resource Corp. ("AbraPlata" or the "Company") (ABRA.V) (ABBRF) (1AH.F) is pleased to announce that the Preliminary Economic Assessment (“PEA”) of the Diablillos Ag-Au project is nearing completion and the Company expects to announce the results by the end of February 2018. The Company is also pleased to report that the contractual anti-dilution right (the "Anti-Dilution Right") held by SSR Mining Inc. (formerly Silver Standard Resources Inc.) ("SSR Mining") under the second amended and restated share purchase agreement dated March 21, 2017 (the "SSR Agreement"), which entitled SSR Mining to maintain a free carried 19.9% equity interest in the Company has now expired.