FAQ: New Pacific Metals Corp.'s Exploration of Bolivia's Silver Potential

What is New Pacific Metals Corp. focusing on in Bolivia?

New Pacific Metals Corp. is focusing on exploring and developing two promising silver projects in Bolivia, Silver Sand and Carangas, to tap into the country’s untapped silver potential.

Why is Bolivia considered an underexplored silver jurisdiction?

Bolivia is considered underexplored due to a slow permitting process and limited foreign investment, despite its rich mining history and significant silver reserves.

What are the potential outputs of the Silver Sand and Carangas projects?

The Silver Sand and Carangas projects could potentially produce nearly 19 million ounces of silver annually, positioning New Pacific among the top global primary silver producers.

Who is backing New Pacific Metals Corp.’s projects in Bolivia?

New Pacific Metals Corp.’s projects in Bolivia are backed by mining companies Silvercorp and Pan American Silver, signaling confidence in their long-term development.

How does global demand for silver impact New Pacific Metals Corp.’s projects?

Rising global demand for silver, especially for industrial applications like solar panels and electric vehicles, underscores the importance of New Pacific’s projects in addressing supply gaps.

What challenges does New Pacific Metals Corp. face in Bolivia?

Challenges include Bolivia’s slow-moving regulatory frameworks and the need for reforms to facilitate foreign investment and project development.

Where can investors find more information about New Pacific Metals Corp.?

Investors can find the latest news and updates about New Pacific Metals Corp. in the company’s newsroom at https://ibn.fm/NEWP.

What makes Bolivia’s silver reserves significant?

Bolivia’s silver reserves are significant due to the country’s rich geological history and the potential for large-scale, untapped silver deposits that remain underexplored.

How does New Pacific Metals Corp. plan to contribute to the global silver supply?

By developing the Silver Sand and Carangas projects, New Pacific Metals Corp. aims to become a leading primary silver producer, contributing significantly to the global silver supply.