#Canada #Vancouver #New Pacific Metals #Carangas Project #Oruro Bolivia

New Pacific Metals Files Preliminary Economic Assessment for Carangas Project

New Pacific Metals Corp. has made significant strides in its exploration efforts by filing a preliminary economic assessment (PEA) for the Carangas Project located in Oruro, Bolivia. This independent technical report titled "Carangas Project NI 43-101 Technical Report and Preliminary Economic Assessment" was prepared by Ausenco Engineering Canada ULC and is effective as of July 16, 2026.

Following up on a previous announcement made on July 17, 2026, where the company first disclosed this ongoing development, the report outlines vital information regarding the project's potential to significantly impact the mining sector in Bolivia. The completion and filing of this PEA align with the company’s commitment to maintaining transparency with its stakeholders and the investment community.

The report details several key aspects of the Carangas Project, emphasizing findings that bolster confidence in its economic viability. Notably, the PEA adheres to the guidelines outlined in National Instrument 43-101, ensuring that all information provided meets established standards for mineral project disclosures. Investors can access the full report on New Pacific's official website or via SEDAR.

By comprehensively evaluating the economic foundations of the Carangas Project, New Pacific aims to strength its portfolio alongside its Silver Sand Project in Potosí, which is recognized as one of the largest potential silver mines in the global market. The successful advancement of these projects is crucial for enhancing the overall presence of New Pacific in the metals and mining industry, particularly given Bolivia's rich mineral resources.

Currently, New Pacific Metals is focusing on advancing its two permitting-stage precious metals projects. The company has demonstrated its potential with near a decade of operational experience within the Bolivian mining landscape, cultivating a robust relationship with local stakeholders and shareholders alike. As the Carangas Project unfolds, New Pacific seeks to leverage the opportunities presented by the surrounding regional exploration potential, thus positioning itself as a vital player in the global precious metals sector.

Investors and interested parties looking for more information on project details, timelines, and the broader portfolio of New Pacific can reach out to the Investor Relations Director, Peter Lekich, via the contact information provided on their website or by direct phone.

As the mining industry moves towards a more sustainable and responsible extraction of resources, New Pacific Metals Corp. strives to operate in compliance with environmental standards and best practices, promising a commitment to sustainability while ensuring profitability in its ventures. The unveiling of the preliminary economic assessment marks a critical step forward for the Carangas Project, paving the way for further exploration and potential development initiatives in the future.

For further information, you can visit their official website or register for news updates to stay informed about developments regarding the Carangas Project and New Pacific’s operational advances.