New Pacific Announces Completion of the 2013 Diamond Drilling Program at The RZY Silver-Lead-Zinc Exploration Project in Qinghai Province, China

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 28, 2013) - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX:NUX) is pleased to announce the completion of the 2013 diamond drilling program at the RZY silver-lead-zinc exploration project (the "Project") in Qinghai province, China.

The 2013 Project drilling, which was successfully completed on October 20, 2013 was designed to test the size and nature of the silver-lead-zinc mineralized structure and to confirm the assay results of historical trenching and drilling by previous owners. A total of 5,481.48 meters of drilling in 20 holes, (including 86.3m in an abandoned hole) by four drill rigs was completed. These holes were drilled in a 100 meter by 200 meter grid and cover approximately 2,000 metres in length along the main mineralized structure that extends nearly east-west. Mineralization zones of various widths were intercepted by the drill holes and mineralization is featured by massive and disseminated sulfides of galena-sphalerite-pyrite in altered sandstone and dacitic dykes within and near the sheared structures developed in Permian marine turbiditic clastic sediments. The Company's geological crew is working to complete the core logging and cutting. The core samples will be shipped to the preparation lab of SGS at Xi'an for preparation. Pulp samples will be then shipped to SGS laboratory located in Tianjin for assay. Assay results will be released once available.

Alex Zhang, P.Geo., is the Qualified Person on the project as defined under National Instrument 43-101. He has reviewed and approved the technical contents of this news release.

About New Pacific

New Pacific is a Canadian gold and silver exploration and development company which owns the Tagish Lake gold project in Yukon, Canada, and also owns the majority interests of the RZY silver-lead-zinc exploration project in Qinghai Province, China.

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