New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) has officially filed an independent preliminary economic assessment (PEA) technical report for its Carangas 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. New Pacific stated that there are no material differences between the information contained in the report and the previously released results.
The filing of the PEA marks a significant milestone for the Carangas project, which is one of two permitting-stage precious metals projects in Bolivia that New Pacific is advancing. The Carangas silver-gold project strengthens the company's portfolio through its scale, robust economics, and regional exploration potential. According to the company, the project's PEA demonstrates strong financial returns and a low-cost operation, positioning it as a key asset in New Pacific's growth strategy.
The Carangas project is complemented by the Silver Sand project in Potosí, which has the potential to become one of the world's largest silver mines. Together, these projects underscore New Pacific's commitment to developing significant precious metals resources in Bolivia. With nearly a decade of operating experience in the country, New Pacific has earned the confidence of its stakeholders and shareholders, and the filing of the PEA reinforces the company's technical and operational capabilities.
The PEA is a critical step in advancing the Carangas project toward feasibility and eventual production. It provides a comprehensive assessment of the project's economic viability, including capital and operating costs, production schedules, and financial returns. The positive results from the PEA highlight the project's potential to contribute significantly to New Pacific's long-term value creation.
Investors and stakeholders can access the full details of the PEA technical report on the company's website and on SEDAR+. For more information about New Pacific Metals and its projects, visit the company's newsroom at http://ibn.fm/NEWP.
The announcement of the PEA filing is particularly important as it provides transparency and a clear picture of the Carangas project's economic potential. This comes at a time when the global mining industry is focusing on projects that can deliver strong returns while maintaining responsible development practices. New Pacific's progress on Carangas also underscores the growing attractiveness of Bolivia as a mining destination, given its rich mineral resources and improving investment climate.
As New Pacific continues to advance its projects, the company remains dedicated to creating value for its shareholders while contributing to the local economy and community development in Bolivia. The filing of the Carangas PEA is a testament to the company's strategic vision and execution capabilities.
