FAQ: New Pacific Metals Corp.'s Silver Mining Projects in Bolivia
Summary
What is New Pacific Metals Corp.?
New Pacific Metals Corp. is a Canadian exploration and development company focused on precious metal projects in Bolivia, including the Silver Sand and Carangas projects.
Why are New Pacific’s projects significant?
The projects are significant because they could fill a critical supply gap in the global silver market, with Silver Sand and Carangas being among the best undeveloped open-pit silver assets in the world.
What are the key projects of New Pacific Metals Corp.?
The key projects are the Silver Sand project, expected to produce 12 million ounces of silver annually over 13 years, and the Carangas project, targeting 6.6 million ounces annually over 16 years.
How does New Pacific Metals Corp. plan to advance its projects?
The company is focusing on advancing its assets through permitting in Bolivia, a country that remains geologically rich, with feasibility studies already published for both projects.
When were the feasibility studies for the projects released?
The preliminary feasibility study for the Silver Sand project was published in June 2024, and the preliminary economic assessment for the Carangas project was released in September 2024.
Where are New Pacific’s projects located?
New Pacific’s projects are located in Bolivia, with the Silver Sand and Carangas projects being the flagship assets.
What is the potential annual silver production from both projects?
Together, the Silver Sand and Carangas projects could produce nearly 19 million ounces of silver per year once both enter production.
Who can investors contact for more information about New Pacific Metals Corp.?
Investors can find the latest news and updates relating to New Pacific Metals Corp. in the company’s newsroom at https://ibn.fm/NEWP.
What makes Bolivia an attractive location for silver mining?
Bolivia is geologically rich, making it an attractive location for silver mining, with New Pacific’s projects being among the best undeveloped open-pit silver assets in the world.
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