New Pacific Metals Holds Two of World's Largest Undeveloped Silver Projects in Bolivia

New Pacific Metals Corp. stands out in the mining sector with its ownership of two of the largest undeveloped open-pit silver projects globally. These projects, located in Bolivia, are not only rich in resource potential but also promise long-term production growth, backed by strong economic fundamentals including high internal rates of return and low all-in sustaining costs per ounce of silver. The strategic advantage of operating in Bolivia, a region with underexplored mineral potential, allows New Pacific Metals to tap into a historically rich mining area that has seen limited modern exploration techniques applied to its vast mineral wealth.

The company benefits from substantial institutional support through strategic shareholders Silvercorp Metals and Pan American Silver, holding 28% and 12% stakes respectively. This backing provides not only financial stability but also technical expertise and industry credibility as New Pacific advances its projects toward production. The company is led by an experienced team with a proven track record in mineral exploration and development, having successfully navigated complex geological challenges and regulatory environments in previous ventures across multiple jurisdictions.

With global demand for silver continuing to rise, particularly for industrial applications and renewable energy technologies, New Pacific Metals is strategically positioned to benefit from market growth and increasing silver prices. Silver's essential role in solar panels, electric vehicles, and electronics manufacturing creates sustained demand drivers beyond traditional investment and jewelry markets. The company's primary asset, the Silver Sand project, has the potential to become one of the largest silver mines globally, supported by robust economic assessments that demonstrate strong project economics even at conservative silver price assumptions.

Additionally, the Carangas project, a silver-lead-zinc deposit, is progressing through advanced exploration stages, further solidifying the company's position in the market as a multi-asset silver developer. The polymetallic nature of Carangas provides diversification benefits and exposure to base metals markets while maintaining silver as the primary revenue driver. New Pacific Metals aims to create long-term value for its shareholders by systematically advancing and de-risking its quality silver assets while contributing to the economic growth of the regions it operates in through job creation, infrastructure development, and local procurement opportunities. For more information, visit https://ibn.fm/NEWP.