FAQ: New Pacific Metals Corp.'s Silver Exploration and Development in Bolivia

What is New Pacific Metals Corp. and what does it do?

New Pacific Metals Corp. is a Canadian mineral exploration and development company focused on precious metal projects in Bolivia, particularly silver deposits.

Why is Bolivia significant for silver exploration?

Bolivia has a centuries-old silver story with rich mineral belts, but less than 10% has been explored using modern high-tech techniques, leaving significant opportunities for new discoveries.

What are New Pacific’s main projects in Bolivia?

The company’s flagship projects are Silver Sand and Carangas, which are two of the world’s largest undeveloped silver deposits discovered within the last five years.

What production potential do these projects have?

Economic studies completed in 2024 indicate that Silver Sand and Carangas combined have the potential to produce around 18.5 million ounces of silver per year, which exceeds many established producers.

What makes the Silver Sand project significant?

The Silver Sand project has the potential to be developed into one of the world’s largest silver mines according to the company’s assessment.

What type of project is Carangas?

Carangas is described as a robust, high-margin silver-lead-zinc project that the company is actively advancing.

What other project does New Pacific have in Bolivia?

The company also has the Silverstrike project, where a discovery drill program was completed in 2022.

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

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

What stock exchanges does New Pacific trade on?

New Pacific Metals Corp. trades on the NYSE American under the ticker NEWP and on the TSX under the ticker NUAG.