New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) has filed an independent preliminary economic assessment (PEA) technical report for its Carangas project in Oruro Department, 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. The company stated that there are no material differences between the information in the report and its prior announcement.
The filing of the PEA marks a significant milestone for New Pacific Metals as it advances its portfolio of precious metals projects in Bolivia. The Carangas silver-gold project, located in the Oruro Department, is one of two permitting-stage projects the company is developing. The PEA outlines the project's scale, robust economics, and regional exploration potential, which are expected to strengthen the company's overall portfolio.
According to the company, the Carangas project has the potential to become a significant contributor to its growth strategy. The project's silver and gold resources are anticipated to provide a strong foundation for future development. The PEA is a crucial step in advancing the project toward feasibility and eventual production.
New Pacific Metals is a Canadian exploration and development company with nearly a decade of operating experience in Bolivia. The company's Silver Sand project in Potosí has the potential to become one of the world's largest silver mines, while the Carangas project adds scale and diversification. The company has earned the confidence of its stakeholders and shareholders through its commitment to responsible development and community engagement.
The filing of the PEA is expected to provide investors with a clearer understanding of the project's economic viability and its potential to generate value. The company's focus on advancing both projects highlights its dedication to becoming a leading precious metals producer in the region.
For more information on New Pacific Metals and its projects, visit the company's newsroom at http://ibn.fm/NEWP.
