New Pacific Metals Advances Major Silver Projects as Precious Metals Prices Strengthen
TL;DR
New Pacific Metals offers investors exposure to two of the world's largest undeveloped silver deposits during a period of rising precious metal prices.
The Carangas Project features a 16-year starter pit with low strip ratio focusing on shallow silver zones and underlying gold mineralization.
Developing these large silver deposits supports global industrial demand while creating sustainable mining operations in Bolivia.
New Pacific Metals' Carangas Project contains both silver and gold zones with multiple regional targets showing similar geological characteristics.
New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG) is advancing development of two major silver projects in Bolivia as strengthening precious metals prices create more favorable conditions for mining development. The company controls two of the world's largest undeveloped open-pittable silver deposits: Silver Sand and Carangas, positioning it to benefit from the current market environment.
The Carangas Project represents a particularly significant asset with its large near-surface silver zone and thick underlying gold zone, providing both scalability and multi-metal optionality. This dual-metal characteristic enhances the project's economic resilience and long-term value potential. The Preliminary Economic Assessment for Carangas outlines a 16-year starter pit focused on the shallow silver zone with a low strip ratio, indicating favorable mining economics from the outset.
Current market conditions are providing substantial tailwinds for precious metals developers. Gold was trading around $4,001 per ounce while silver reached $48.5 per ounce as of November 3rd, 2025, according to market data available at https://ibn.fm/8JayW. These elevated price levels are supported by strong industrial demand and tightening mine supply, creating an environment where higher metal prices directly improve project valuations, particularly for pre-production companies with defined mineral resources.
For New Pacific Metals, this market environment enhances the economic appeal of its large-scale assets. The company's focus on open-pittable deposits provides additional advantages in terms of development timeline and capital efficiency compared to underground operations. The significant unmodeled upsides identified in the Carangas PEA suggest potential for resource expansion and improved project economics beyond current estimates.
The regional exploration potential around Carangas adds another layer of long-term value. Multiple regional targets near the main deposit share similar geological characteristics, expanding the discovery potential and providing opportunities for resource growth beyond the currently defined zones. This exploration upside could significantly extend the project life and enhance overall returns.
Investors seeking additional information about New Pacific Metals can access the company's latest news and updates through its newsroom at https://ibn.fm/NEWP. The combination of strong project fundamentals, favorable market conditions, and exploration upside positions New Pacific Metals to potentially capitalize on the ongoing strength in precious metals markets while contributing to global silver supply.
Curated from InvestorBrandNetwork (IBN)