New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) has officially 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. According to the company, there are no material differences between the information in the report and the earlier announcement, ensuring consistency for investors and stakeholders.
The filing of the PEA marks a significant milestone for New Pacific Metals, as it provides a comprehensive evaluation of the Carangas project's economic viability. The project, which is a silver-gold deposit, is part of the company's portfolio of precious metals assets in Bolivia. The PEA outlines robust economics, including projected production rates, capital costs, and operating expenses, which are expected to support the project's development potential. The report also highlights the project's scale and its contribution to New Pacific's strategic growth objectives.
The Carangas project is one of two permitting-stage precious metals projects in Bolivia that New Pacific is advancing. The other, the Silver Sand project in Potosí, has the potential to become one of the world's largest silver mines. Together, these projects underscore New Pacific's commitment to establishing a strong presence in the Bolivian mining sector. The company has nearly a decade of operating experience in the country, which has helped it build trust and confidence among local stakeholders and shareholders.
The PEA's release is particularly important given the current market environment, where investors are increasingly seeking exposure to precious metals as a hedge against economic uncertainty. Silver and gold prices have shown resilience, and projects with solid fundamentals like Carangas could attract significant interest. The report's positive economic indicators may also enhance New Pacific's ability to secure financing for future development phases.
For more details on the PEA, the full press release is available at https://ibn.fm/sWIRP. Additionally, investors can access the latest news and updates on New Pacific Metals at http://ibn.fm/NEWP.
The completion of the PEA is a critical step in de-risking the Carangas project, as it provides a transparent assessment of its technical and financial merits. New Pacific Metals continues to demonstrate its ability to advance projects through the development pipeline, positioning itself as a potential key player in the global silver and gold markets. With the filing of this report, the company has provided investors with a clearer picture of the project's value, which could influence future investment decisions.
