New Pacific Metals Appoints Permanent Leadership Team to Advance Bolivian Silver Projects

New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG) has confirmed the permanent appointments of Mr. Jalen Yuan as Chief Executive Officer and Mr. Chester Xie as Chief Financial Officer, effective October 23, 2025. The Canadian exploration and development company, which focuses on silver projects in Bolivia, made the announcement following a period of significant progress under Mr. Yuan's interim leadership.

Mr. Yuan, who maintains substantial presence in Bolivia to oversee the company's operations, will also serve on New Pacific's Board of Directors. His appointment signals continuity in the company's strategic direction and reinforces commitment to advancing its Bolivian initiatives. Dickson Hall, New Pacific's Board Chair, expressed confidence in the leadership team, stating that the board is pleased to confirm both executives in their permanent roles following their demonstrated capabilities during the transition period.

The leadership stabilization comes at a critical juncture for New Pacific Metals as the company continues to develop its silver projects in Bolivia, a country with significant mineral potential. The permanent appointments provide stability and clear direction for the company's exploration and development activities, which could have substantial implications for global silver supply. Investors and industry observers can access additional information through the company's newsroom at https://ibn.fm/NEWP.

For the mining sector, this leadership confirmation represents an important step in New Pacific's corporate governance and operational strategy. The appointments suggest confidence in the company's current trajectory and its Bolivian projects, which could potentially contribute to global silver production in the coming years. The mining industry continues to monitor developments in South American mineral exploration, particularly as demand for silver remains strong across industrial, technological, and investment applications.

The broader implications extend to international mining investment in Bolivia, where New Pacific's continued commitment through stable leadership may signal growing confidence in the country's mining sector. This development could influence other mining companies considering investments in the region and contribute to Bolivia's position in the global mining landscape. The permanent leadership structure provides assurance to stakeholders about the company's long-term vision and operational consistency.