New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) has filed an independent preliminary economic assessment (PEA) technical report for its Carangas project in the Oruro Department of Bolivia, following the results announced on July 17, 2026. The report, prepared by Ausenco Engineering Canada ULC in accordance with National Instrument 43-101, is effective July 16, 2026. The company confirmed there are no material differences between the information in the report and its earlier release.
The Carangas project is a silver-gold deposit that is part of New Pacific's portfolio of precious metals projects in Bolivia. The company also advances the Silver Sand project in Potosí, which has the potential to become one of the world's largest silver mines. The Carangas project strengthens the company's portfolio through its scale, robust economics, and regional exploration potential. With nearly a decade of operating experience in Bolivia, New Pacific has earned the confidence of its stakeholders and shareholders.
The filing of the PEA technical report is a significant milestone for the company as it continues to advance its projects through the permitting stage. The report provides an independent assessment of the project's economic viability, which is crucial for potential investors and partners. The robust economics highlighted in the report underscore the project's potential to contribute to the company's growth and to the mining sector in Bolivia.
New Pacific Metals is a Canadian exploration and development company focused on advancing precious metals projects in Bolivia. The company's commitment to responsible development and its strong relationship with local communities and government authorities are key factors in its success. The Carangas project, with its favorable location and geological potential, is poised to become a significant asset in the company's portfolio.
The announcement comes at a time when the global demand for silver and gold remains strong, driven by industrial applications and investment demand. The development of the Carangas project could have positive implications for the local economy, including job creation and infrastructure development. It also aligns with Bolivia's efforts to attract foreign investment in its mining sector.
Investors and stakeholders can access the full press release at https://ibn.fm/sWIRP. For the latest news and updates regarding New Pacific Metals, visit the company's newsroom at http://ibm.fm/NEWP.
