Key facts
| Company | New Pacific Metals Corp. (TSX: NUAG) |
|---|---|
| Commodity | Silver |
| Location | Bolivia |
| Stage | Early exploration |
News releases12 on file
Progress Report on Carangas Silver-Gold and Silver Sand Silver Projects, Bolivia and 2026 Work Plan
At the Carangas silver-gold project in Bolivia, AJAM Oruro permitted the Company to advance conversion of its exploration licenses to administrative mining contracts, the community voted in August 2025 in favour of continuing prior consultation, and a long-term framework agreement is under negotiation; a 2026 campaign of over 30,000 metres of infill and exploration drilling is planned ahead of a f
CorporateNew Pacific Reports Financial Results For The Three Month And Year Ended June 30, 2024
A net loss attributable to equity holders of $1.48 million ($0.01 per share) for the three months and $6.02 million ($0.04 per share) for the year ended June 30, 2024 was reported, versus losses of $1.86 million and $8.10 million a year earlier, with working capital of $21.38 million at June 30, 2024. Fiscal 2024 items include the Silver Sand Project pre-feasibility study filed August 8, 2024 show
CorporateNew Pacific Metals Announces Filing of NI 43-101 PFS Technical Report for the Silver Sand Project
An independent NI 43-101 Pre-Feasibility Study technical report for the Silver Sand project in Potosi, Bolivia, with an effective date of June 19, 2024, has been filed. Qualified persons include engineers from AMC Mining Consultants (Canada) Ltd., Halyard Inc. and NewFields Canada Mining & Environment ULC, with Mineral Resources estimated by Dinara Nussipakynova, P.Geo. The report is available on
Study resultsNew Pacific Metals Reports Results of its Pre-Feasibility Study of the Silver Sand Project Post-Tax US$740 Million NPV (5%), 37% IRR, 157 Million Ounces of Silver
A pre-feasibility study for the Silver Sand project in Potosi Department, Bolivia outlines a post-tax NPV (5%) of US$740 million and a 37% IRR at a base case price of $24.00/oz silver, with initial capital costs of $358 million and post-tax payback of 1.9 years. The open-pit operation would produce about 157 Moz of silver over a 13-year mine life, excluding a 2-year pre-production period, at avera
Study resultsNew Pacific Reports Positive Results of Silver Sand Metallurgical Testing
Metallurgical testing for the Silver Sand project in Potosi Department, Bolivia returned 92.7% silver recovery with 1.40 kg/t sodium cyanide consumption from a first composite sample grading 145 g/t (10% oxide, 80% transitional, 10% sulfide), and 89.6% recovery with 1.10 kg/t consumption from a second sample grading 114 g/t. Recoveries compare with the 91% assumed in the January 2023 PEA, with low
Study resultsNew Pacific Announces Filing of NI 43-101 PEA Technical Report for the Silver Sand Project
An independent NI 43-101 Preliminary Economic Assessment technical report for the Silver Sand project in Potosi, Bolivia has been filed, with an effective date of November 30, 2022. The PEA, whose results were released in January 2023, shows a post-tax NPV (5% discount) of US$726 million and an IRR of 39%, with total silver production of 171 million ounces over a 14-year mine life. The report is a
Study resultsNew Pacific Metals Reports Results of the Preliminary Economic Assessment of the 100% owned Silver Sand Deposit, Bolivia
A preliminary economic assessment for the 100% owned Silver Sand Project in Potosi Department, Bolivia, shows a pre-tax NPV (5%) of $1.1 billion and 52% IRR, and a post-tax NPV (5%) of $726 million with a 39% IRR at a base case silver price of US$22.50/oz. The open-pit study outlines a 14-year mine life producing about 171 million payable silver ounces, initial capital of $308 million, $20 million
Study resultsNew Pacific Reports Drill Hole Assay Results and Remains on Schedule to Complete the PEA For the Silver Sand Project
Assay results from the final 53 drill holes of the 2022 resource infill and step-out drilling program at the Silver Sand Project in Bolivia included 44.77 m grading 214 g/t silver from 30.57 m in step-out hole DSS582501, 95.22 m grading 106 g/t Ag from 49.68 m in infill hole DSS547504, and 19.48 m at 337 g/t Ag in DSS487505. The 2022 program totalled 19,323 m in 86 holes; a mineral resource estima
Drill resultsNew Pacific Commences Drilling at Jisas Prospect, A Satellite Concession North of the Silver Sand Project
An initial 2,000 metre exploration drilling program has begun at the 100%-owned Jisas prospect, a satellite concession in the north block about 3 kilometres north of the Silver Sand Project in Bolivia, using one rig. Chip samples from surface outcrops and underground workings and grab samples from mining dumps returned silver grades ranging from tens of grams up to nine hundreds of grams per tonne
Drill resultsNew Pacific Intersects 60.48 Metre Interval Grading 236 Grams Per Tonne Silver at the Silver Sand Project
Assay results from 20 additional holes at the Silver Sand Project in Bolivia included hole DSS646001, which cut 60.48 m grading 236 g/t silver from 82.10 m, including 6.45 m at 1,423 g/t Ag, and DSS644001, which cut 133.63 m at 91 g/t Ag from 23.0 m. Drilling in 2022 totals 21,309 m in 94 holes, expanded from the budgeted 15,000 m, with 59 holes pending. A resource update is expected in the second
Drill resultsNew Pacific Intersects 86.03 Metre Interval Grading 229 Grams Per Tonne Silver at the Silver Sand Project
Drilling at the Silver Sand project in Bolivia returned 86.03 m grading 229 g/t silver from 37.90 m in infill hole DSS529001, including 15.35 m at 734 g/t Ag; step-out hole DSS507513 cut 39.60 m at 225 g/t Ag, including 11.84 m at 434 g/t Ag. The 2021 program totalled 13,313.7 m in 55 holes, and 10,520 m in 48 holes of a planned 15,000 m were completed in 2022 as of March 31. Assays are expected b
Drill results