New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) has filed an independent preliminary economic assessment (PEA) technical report for its Carangas silver-gold project, located in the Oruro Department of Bolivia. The report, prepared by Ausenco Engineering Canada ULC in accordance with National Instrument 43-101, is effective July 16, 2026, and follows the results announced by the company on July 17, 2026. According to the company, there are no material differences between the information contained in the report and the July 17 release.
The filing of the PEA marks a significant milestone for New Pacific Metals, as it provides a comprehensive evaluation of the Carangas project’s economic viability. The project is one of two permitting-stage precious metals projects in Bolivia that the company is advancing, alongside the Silver Sand project in Potosí. Silver Sand has the potential to become one of the world’s largest silver mines, while Carangas strengthens the company’s portfolio through its scale, robust economics, and regional exploration potential.
The Carangas project is strategically important not only for New Pacific Metals but also for the global silver and gold markets. With silver often used in industrial applications, including solar panels and electronics, the development of new silver mines is crucial to meet growing demand. The PEA outlines the project’s potential production, capital costs, and operating expenses, providing investors and stakeholders with a clear picture of the project’s financial outlook.
New Pacific Metals has nearly a decade of operating experience in Bolivia, which has earned the confidence of its stakeholders and shareholders. The company’s commitment to responsible development and its established presence in the region are factors that could facilitate the permitting and development process. The Carangas project, with its silver-gold resource, adds diversity to the company’s asset base and positions it to capitalize on the increasing demand for precious metals.
The filing of the PEA is a critical step toward advancing the Carangas project to the next stage of development. It provides a baseline for future feasibility studies and helps de-risk the project for potential investors. The positive results from the PEA are expected to attract further interest from mining companies and investors looking to gain exposure to the growing silver market.
For more information on New Pacific Metals and its projects, visit the company’s newsroom at http://ibn.fm/NEWP. The full press release regarding the PEA filing is available at https://ibn.fm/sWIRP.
