Nuveen Enhanced Yield U.S. Aggregate Bond ETF (NUAG)

New Pacific Intersects 86.03 Metre Interval Grading 229 grams per tonne Silver at the Silver Sand Project

New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX: NUAG) (NYSE American: NEWP) is pleased to announce the assay results of the 2021-2022 drill programs at Silver Sand. The 2021 drilling programs comprise structure orientation drilling, step-out and infill drilling as well as exploration drilling. Assay results of all drill holes completed in 2021 have been received, and results of 13 holes from 48 holes in 10,520 metres ("m") completed to date in 2022 have been received. For the 202