New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) announced continued advancement across its Carangas silver-gold project and Silver Sand silver project in Bolivia. The company highlighted strengthened community engagement, renewed government support for foreign investment, and steady progress toward permitting and development milestones.
In 2025, the company advanced the conversion of Carangas exploration licenses to administrative mining contracts, secured a favorable community vote to proceed with consultation activities, and began negotiating a long-term framework agreement. Work is also being planned for a feasibility study supported by more than 30,000 metres of infill and exploration drilling in 2026.
At Silver Sand, the company regained full site access after halting illegal artisanal mining, received long-term legal protection through an amparo ruling, rebuilt community relations, and is working toward framework agreements that would allow environmental studies to restart in 2026. These developments are crucial for advancing the project, which has the potential to become one of the world's largest silver mines.
New Pacific is a Canadian exploration and development company with three precious metal projects in Bolivia. The company's flagship Silver Sand project aims to become a major silver producer, while the Carangas project offers high-margin silver-lead-zinc potential. A discovery drill program was completed at Silverstrike in 2022.
For more details, view the full press release at https://ibn.fm/I4KQL. The latest news and updates relating to NEWP are available in the company's newsroom at http://ibn.fm/NEWP.
