- New Pacific Metals owns two of the largest undeveloped open-pit silver projects globally, both located in Bolivia.
- Its flagship Silver Sand project is projected to produce 12 million ounces of silver annually at low all-in sustaining costs.
- The Carangas project could add 6.6 million ounces of silver annually, with over 1 million ounces of gold potential at depth.
- New Pacific is working through Bolivia’s permitting process to unlock the upside potential of its high-quality, large-scale projects.
- Global silver demand, particularly for industrial and renewable energy applications, adds urgency to project development.
New Pacific Metals (NYSE American: NEWP) (TSX: NUAG), a Canadian exploration and development company, is in a unique position to fill a critical and growing supply gap in the global silver market, with two large-scale projects in Bolivia. The company’s progress is focused on advancing these assets through permitting in a country that remains geologically rich.
The company’s two primary projects, Silver Sand and Carangas, are among the best undeveloped open-pit silver assets in the world. A preliminary feasibility study (“PFS”) published in June 2024 highlights the strong potential of the flagship Silver Sand project, which is expected to deliver 12 million ounces of…
NOTE TO INVESTORS: The latest news and updates relating to NEWP are available in the company’s newsroom at https://ibn.fm/NEWP
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