New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG) Advances Major Silver Projects Amid Rising Precious Metals Prices
This article has been disseminated on behalf of New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG) and includes paid advertisement. Gold and silver prices have strengthened in recent months, improving project economics across the mining sector. New Pacific Metals owns two of the world’s largest undeveloped open-pittable silver deposits: Silver Sand and Carangas, both in Bolivia. The Carangas Project hosts a large near-surface silver zone with a thick underlying gold zone, providing scalability and multi-metal optionality. Carangas’ Preliminary Economic Assessment (“PEA”) outlines a 16-year starter pit focused on the shallow silver zone with low strip ratio, with significant unmodeled upsides. Multiple…