NEWP: NYSE American   $3.16 (+7.12%)
NUAG: TSX   $4.07 (+5.99%)
SILVER: $26.37 (-2.62%)
NEWP: NYSE American   $3.16 (+7.12%)
NUAG: TSX   $4.07 (+5.99%)
SILVER: $26.37 (-2.62%)

Company

About New Pacific

New Pacific is a Canadian company focused on the exploration and development of precious metals properties. Our flagship project is the newly discovered Silver Sand Project, located in Bolivia. Silver Sand is Bolivia’s largest silver discovery in the last 30 years. It is also one of the more significant silver discoveries globally in the last decade. A resource expansion drill program and advanced studies at Silver Sand, including a Preliminary Economic Assessment, are in progress. New Pacific is also conducting exploration at its Carangas and Silverstrike projects, with initial discovery drill programs planned for 2021.

Led by a team of mine builders and operators with a proven track record of resource discovery and development, New Pacific is well-financed to deliver on its value-creation strategy. We are focused on progressing the development of our precious metals properties in Bolivia, while also growing our Mineral Resources through the exploration and acquisition of properties in the Americas. 

NYSE-A
TSX

NEWP

$3.16 (0.21%)

Open: $2.94
Day high: $3.16
Volume: 134,833
Day Low: $2.93

NUAG

$4.07 (0.23%)

Open: $3.84
Day high: $4.07
Volume: 98,808
Day Low: $3.75
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Investor Centre

Our Culture

Our Mission

New Pacific will create sustainable stakeholder value by discovering and developing precious metal deposits in Latin America.

Our Vision

New Pacific will be a premier precious metals developer and producer.

To accomplish our Mission and Vision, we endorse and promote our core Company Values.

  • Conduct ourselves with honesty and integrity in all interactions
  • Hold ourselves to high professional ethical standards in all aspects of our business
  • Engage our stakeholders in a thoughtful and respectful manner
  • Embrace creativity to find innovative solutions
  • Foster self-motivation and initiative to bring positive results and growth
  • Exercise courage to challenge ideas and drive business improvement
  • Encourage personal alignment with company values to inspire accountability
  • Elevate leadership behaviours throughout the workforce to create loyalty and team spirit
  • Commit to our mission, vision and goals
  • Strive to be the best while learning from our experiences
  • Deliver according to best practices
  • Engage through teamwork, transparency and celebration of success
  • Implement strategies to achieve competitive advantage and mitigate risk
  • Be a leader in sustainability across all areas of our business
  • Prioritize safe practices in all that we do
  • Support the communities we work and live in
  • Respect the environment
  • Embrace diversity

Management & Directors

Dr. Mark Cruise

CEO
Dr. Mark Cruise

Dr. Mark Cruise

Ph. D., Geology

CEO

Dr. Mark Cruise is an exploration and mining professional with over 25 years of global experience in exploration and mining. During his career, Mark has discovered, developed or operated mines in Europe, South America, Canada and Africa.  Most recently Mark founded Trevali Mining where he grew the Company from an initial discovery to a global top-ten zinc producer.  Mark has held a variety of professional and executive positions with Anglo American and a number of TSX and TSX-V listed exploration and development companies. Mark holds a Bachelor of Geology and a Doctorate of Geology from the University of Dublin, Trinity College. He is a professional member of the Institute of Geologists of Ireland and the European Federation of Geologists.

Mark provides oversight to the Canadian leadership team in addition to the Bolivian development and exploration teams as the Company continues to de-risk and advance the Silver Sand Project and grow its project pipeline.

Jalen Yuan

CFO
Jalen Yuan

Jalen Yuan

C.P.A., C.A.

CFO

Mr. Jalen Yuan is a professional accountant with over 15 years of diverse international experience in financial reporting, financing, auditing, internal control, and accounting in the mining industry. Jalen is a member of Chartered Professional Accountants of British Columbia (“CPA, CA – BC”) since 2009. Prior to joining the Company, Jalen held the position of financial controller at Silvercorp Metals Inc. for over 10 years and had three years public practice experience with Grant Thornton LLP, where he focused on audits of financial information and internal controls for Canadian companies. Jalen has a Honours Bachelor of Commerce Degree from Laurentian University, Canada and a Bachelor of Engineering Degree from Tongji University, China.

Alex Zhang

Vice President, Exploration
Alex Zhang

Alex Zhang

M. Eng., M.Sci., P. Geo.

Vice President, Exploration

Mr. Alex Zhang is a professional geoscientist and a member in good standing with Engineers and Geoscientists British Columbia (EGBC) with more than 30 years of experience in mineral exploration. Prior to his position with New Pacific, Alex held positions with Eldorado Gold, Afcan Mining, Sino Gold, and Silvercorp Metals. He lead the exploration activities of multiple major gold projects and silver-lead-zinc polymetallic projects in China, Canada and Bolivia at various stages from exploration through development to production with roles of senior exploration geologist, senior resource geologist, exploration manager, chief geologist and vice president of exploration. Alex brings a full range of technical and managerial skills related to mineral exploration and mining projects. Alex received a Master Degree of Engineering in mineral exploration from China University of Mining and Technology and a Master Degree of Science in mineral exploration from Queen’s University in Ontario, Canada.

Svetoslava (Stacey) Pavlova

Vice President, Investor Relations and Corporate Communications
Svetoslava (Stacey) Pavlova

Svetoslava (Stacey) Pavlova

CFA

Vice President, Investor Relations and Corporate Communications

Ms. Stacey Pavlova brings over ten years of experience in mining, investor relations and finance. Prior to joining New Pacific, Stacey held roles in investor relations, metal sales and treasury at SSR Mining Inc., a large precious metals producer with operations in South America, Canada, the U.S. and Turkey.  Stacey is fluent in Spanish and holds the designation of Chartered Financial Analyst. She graduated from the University of Denver, where she completed a Master’s degree in Finance and a BSBA degree in Finance.

Yong-Jae Kim

General Counsel and Corporate Secretary
Yong-Jae Kim

Yong-Jae Kim

LL.B

General Counsel and Corporate Secretary

Mr. Yong-Jae Kim is a member of the Law Society of British Columbia and brings 20 years of experience in legal practice and corporate counsel to the New Pacific team.  He previously practiced law at Gowling WLG (Canada) LLP within the corporate finance group, where he advised a number of mining companies active in Latin America.  Yong-Jae has been recognized as a leading cross-border corporate lawyer and awarded a Rising Star award by Lexpert.  Yong-Jae earned an LL.B. at Queen’s University, Faculty of Law, and holds a B.A. in History from the University of British Columbia. 

Gary DeSchutter

Silver Sand Project Manager
Gary DeSchutter

Gary DeSchutter

Silver Sand Project Manager

Mr. Gary DeSchutter is a Professional Geologist who brings over 20 years of experience working for major international exploration and mining companies, such as Anglo American plc and Falconbridge Limited, as an independent consultant to the Mining & Exploration community, and as the Exploration Superintendent at a producing palladium mine in northwestern Ontario Canada. He is experienced at managing all facets of small to large-scale, greenfield to pre-feasibility level exploration projects and has been fortunate to work around the world during his career, including throughout Canada, Nevada, Alaska, Honduras, South Africa, Zimbabwe, and northern Europe. In addition to project management, Gary received his Master of Science degree in Geology from Laurentian University and is a member in good standing with Engineers and Geoscientists British Columbia (EGBC) and Professional Geoscientists of Ontario (PGO). 

Dr. Rui Feng

Founder and Director
Dr. Rui Feng

Dr. Rui Feng

Ph. D., Geology

Founder and Director

Mr. Rui Feng is a successful entrepreneur, explorer, and mine builder with over 25 years of global mining industry experience. His passion for discovery has led him to explore and acquire mineral opportunities worldwide. He was integral in discovering Jinshan Gold’s CSH Gold Mine in China in 2002, which was acquired by China Gold International.  Dr. Feng founded Silvercorp Metals in 2003 by acquiring early-stage properties in China. Through discovery and development, Silvercorp has become one of the most profitable Canadian mining companies, with multiple mines in China.  As CEO of New Pacific Metals, Dr. Feng led the company to Bolivia in 2017 and acquired the Silver Sand Project, which has recently led to a significant discovery.

In addition to delivering value to employees and shareholders through discovery and development, Dr. Feng also believes a sustainable operation requires innovation and more effective management.  He pioneered a digital information management tool for Silvercorp’s mines, which has contributed to improved organizational performance and operational profitability.

Dr. Feng obtained his B.Sc. and M.Sc. degrees in Geology in China, his Ph.D. in Geological Sciences from the University of Saskatchewan in Canada in 1992, and received a Post-Doctorial fellowship from the National Sciences and Engineering Council of Canada in 1992.  Dr. Feng supports many community and social causes through contributions made personally and through the actions of the companies he leads.

Dr. Mark Cruise

CEO & Director
Dr. Mark Cruise

Dr. Mark Cruise

Ph. D., Geology

CEO & Director

Dr. Mark Cruise is an exploration and mining professional with over 25 years of global experience in exploration and mining. During his career, Mark has discovered, developed or operated mines in Europe, South America, Canada and Africa.  Most recently Mark founded Trevali Mining where he grew the Company from an initial discovery to a global top-ten zinc producer.  Mark has held a variety of professional and executive positions with Anglo American and a number of TSX and TSX-V listed exploration and development companies. Mark holds a Bachelor of Geology and a Doctorate of Geology from the University of Dublin, Trinity College. He is a professional member of the Institute of Geologists of Ireland and the European Federation of Geologists.

Mark provides oversight to the Canadian leadership team in addition to the Bolivian development and exploration teams as the Company continues to de-risk and advance the Silver Sand Project and grow its project pipeline.

David Kong

Director
David Kong

David Kong

CA, CPA, ICD.D

Director

Mr. Kong most recently served as a partner of Ernst & Young from 2005 to 2010. He previously served as a partner of Ellis Foster, Chartered Professional Accountants of Vancouver, British Columbia from 1982 to 2004.  His professional practice focused on serving Canadian public companies with businesses in China and Chinese public companies listed on the North American stock exchanges. Currently, Mr. Kong is a director of Silvercorp Metals Inc., GoldMining Inc., and Uranium Energy Corp.

The Honourable Jack Austin

Chairman of the Board and Director
The Honourable Jack Austin

The Honourable Jack Austin

P.C., Q.C., B.A., LL.B., LL.M., Doc: Soc. Sci.

Chairman of the Board and Director

The Honourable Jack Austin has over 40 years of experience in law, business, public service and politics. Mr. Austin has had a diverse career and has expertise in cross-cultural communications and business development. He has been a barrister and solicitor in the Province of British Columbia since 1958, practiced law for over 20 years and served as legal counsel to various corporations.

Mr. Austin served as a senator in the Senate of Canada, representing British Columbia from August 1975 to March 2007. He also served in the Cabinets of each of Prime Minister Trudeau and Prime Minister Martin.

Since May 2008, Mr. Austin has served as a director and Chairman of New Pacific. Mr. Austin was a director and Chairman of Naikun Wind Energy Group Inc., a director of Allied Pacific Properties & Hotels Inc., Act 360 Solutions Ltd. and China Education Resources Inc., and director and President of Austpro Energy Corporation. Each of these companies was listed on the TSX Venture Exchange. 

Mr. Austin obtained a degree in Economics (B.A.) in 1954 and a Bachelor of Laws (LL.B.) degree in 1955 from the University of British Columbia, and a Master of Laws (LL.M.) degree in 1957 from the Harvard Law School in International Trade Law.

Greg Hawkins

Director
Greg Hawkins

Greg Hawkins

BSc., Geology, MSc., Mineral Economics

Director

Greg Hawkins has been involved in the mining exploration and investment industry since 1969. He has been variously responsible for the identification and/or delineation of 10 mineral deposits (Gilt Edge, Andacolla, Kubi Village, Tabakoto, Twangiza, Namoya, Skukum Creek, Goddell Gulley, Kobada and Harper Creek) in Canada, USA, Chile, Ghana, Mali and Zaire (DRC). In acting as Founding Project Consultant and/or Founding Director of seven public and private exploration / development ventures (Brohm Mining Inc., Dayton Mining Inc., Nevsun Resources Ltd., Banro Resource Corp., Tagish Lake Gold Corp., African Gold Group Inc. and Yellowhead Mining Inc.) he has participated in or been responsible for the definition of at least one reserve in every case with four cases that have resulted in production in the USA, Chile, Ghana and Mali. He has lived in Canada, Nigeria and Ghana while pursuing his career.

In 1990 Mr. Hawkins started CME, an international full service consultancy and contracting network, which included Spectral International Geophysics, Eagle Drilling and ATS Inc. The Network has served over 100 clients in 17 countries and has employed over 3000 people. He is the author and presenter of a number of papers on exploration, exploration philosophy and mineral economics since 1979. In 2004, he was awarded the Frank Woodside Past Presidents Award by the British Columbia and Yukon Chamber of Mines in recognition of his outstanding contribution to the mining industry. He holds a BSc in Geology from the University of Alberta and an MSc in Mineral Economics from McGill University.

Martin Wafforn

Director
Martin Wafforn

Martin Wafforn

Director

Mr. Wafforn is a mining engineer who brings over 35 years of experience in the mining industry. He has held positions at Pan American Silver since early 2004 and is currently Senior Vice President, Technical Services and Process Optimization. In this capacity he is involved in the technical aspects of the feasibility, development and successful operation of Pan American Silver’s mines in addition to leading the safety department. Prior to joining Pan American Silver, Mr. Wafforn spent 15 years working with Barrick Gold Corporate and its predecessor Homestake at different underground mines and was Manager of Mine Engineering for Barrick 's global operations. He holds a B.Sc Mining Honours from Camborne School of Mines in England and is registered as a P.Eng in British Columbia.

Dr. Peter Megaw

Advisor
Dr. Peter Megaw

Dr. Peter Megaw

Ph.D., C.P.G.

Advisor

Dr. Megaw has a Ph.D. in geology from the University of Arizona and over 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 awarded the 2017 Thayer Lindsley Award for the 2003 discovery of the Juanicipio silver deposit in the Fresnillo District, Mexico.

Corporate Governance

New Pacific Metals Corp's corporate governance practices have been and continue to be in compliance with applicable Canadian requirements. The Corporation continues to monitor developments in Canada with a view to further revising its governance policies and practices, as appropriate.

Corporate Governance Committee Charter

The Committee's mandate is to assist the Board in establishing and maintaining a sound system of corporate governance through a process of continuing assessment and enhancement.

Current members of New Pacific Metals Corp's Corporate Governance Committee are:
Jack Austin, Chair
Martin Wafforn
Greg Hawkins

Audit Committee Charter

The main objective of the Audit Committee is to act as a liaison between the Board and the Company's independent auditors and to assist the Board in fulfilling its oversight responsibilities with respect to the financial statements and other financial information provided by the Company to its shareholders, the public and others; the Company's compliance with legal and regulatory requirements; the qualification, independence and performance of the Auditors; and the Company's risk management and internal financial and accounting controls, and management information systems.

Current members of New Pacific Metals Corp's Audit Committee are:
David Kong, Chair
Jack Austin
Greg Hawkins

Compensation Committee Charter

The purpose of the Compensation Committee is to assist the Board in discharging its duties relating to compensation of the executive officers of the Company, the goals are to enable the Company to attract, retain and motivate the most qualified talent who will contribute to the long term success of the Company by aligning compensation with the Company's business objectives and performance, and aligning incentives with the interests of shareholders to maximize shareholders' value.

Current members of New Pacific Metals Corp's Compensation Committee are:
David Kong, Chair
Jack Austin
Greg Hawkins

Incorporation Documents

View articles of incorporation, amalgamation, continuation, and other establishing documents: