New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) has taken a significant step forward in the development of its Carangas silver-gold project in Bolivia by filing an independent preliminary economic assessment (PEA) technical report. The report, which was prepared by Ausenco Engineering Canada ULC in accordance with National Instrument 43-101, is effective July 16, 2026, and was filed following the announcement of the project’s initial results on July 17, 2026. The company has confirmed that there are no material differences between the information in the report and its previous release.
The Carangas project, located in the Oruro Department of Bolivia, is a key asset in New Pacific’s portfolio, which also includes the Silver Sand project in Potosí, recognized for its potential to become one of the world’s largest silver mines. The PEA for Carangas underscores the project’s scale, robust economics, and regional exploration potential, strengthening the company’s position in the precious metals sector.
The filing of the PEA is a crucial milestone for New Pacific as it advances both its projects through the permitting stage in Bolivia. With nearly a decade of operating experience in the country, the company has built strong relationships with local stakeholders and shareholders, which is vital for the successful development of its assets. The Carangas project, in particular, is expected to contribute significantly to the company’s growth trajectory.
The technical report provides a comprehensive assessment of the Carangas project’s economic viability, including mineral resource estimates, mining and processing methods, and financial projections. The positive results from the PEA indicate that the project could be developed into a profitable mining operation, with strong potential for long-term value creation.
Investors and industry analysts are closely watching New Pacific’s progress in Bolivia, as the country offers significant untapped mineral wealth. The company’s commitment to responsible development and its proven track record in the region are seen as key advantages in navigating the complexities of the local regulatory environment.
For more information on New Pacific Metals and its projects, interested parties can visit the company’s newsroom at http://ibn.fm/NEWP. The full press release regarding the PEA filing is also available at https://ibn.fm/sWIRP.
As New Pacific continues to advance its projects, the successful filing of the Carangas PEA marks a notable achievement that could pave the way for future growth and shareholder value. The company remains focused on progressing both the Carangas and Silver Sand projects towards production, with the goal of establishing itself as a leading silver and gold producer in the region.
