FAQ: New Pacific Metals' Exploration in Bolivia's Underexplored Silver Belt

What is the main focus of New Pacific Metals in Bolivia?

New Pacific Metals is advancing what could become one of the largest new silver districts in the world through its exploration and development projects in Bolivia’s underexplored silver-rich mineral belt.

Why is Bolivia’s silver belt considered significant for exploration?

Bolivia is the world’s fourth-largest silver producer, yet less than 10% of its silver-rich mineral belt has undergone modern exploration, and more than 60% of the national territory remains unmapped or unexplored, creating substantial discovery opportunities.

What specific projects does New Pacific Metals own in Bolivia?

The company owns two of the world’s largest undeveloped silver projects: Silver Sand and Carangas, which could potentially produce more silver annually than many current global producers.

How does Bolivia’s current silver production rank globally?

According to the US Geological Survey, Bolivia ranked fourth in global silver production in 2024, accounting for 5% of world output.

What makes New Pacific Metals’ approach to exploration modern?

The company is using current high-tech exploration techniques in a region where less than 10% of the silver-rich mineral belt has been explored with modern methods.

Where can investors find the latest news and updates about New Pacific Metals?

The latest news and updates relating to NEWP are available in the company’s newsroom at https://ibn.fm/NEWP.

What is the potential production capacity of New Pacific Metals’ projects?

The company’s projects could potentially produce more silver annually than many of the current global producers, positioning them among the world’s largest silver operations.

How much of Bolivia’s territory remains unexplored for mineral resources?

More than 60% of Bolivia’s national territory remains unmapped or unexplored, indicating significant potential for new mineral discoveries beyond the current known resources.