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.
The company is supported by strategic shareholders, Silvercorp Metals and Pan American Silver, holding 28% and 12% stakes respectively, and is led by an experienced team with a proven track record in mineral exploration and development. With the global demand for silver on the rise, especially for industrial and renewable energy applications, New Pacific Metals is well-positioned to benefit from market growth and increasing silver prices. 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.
Additionally, the Carangas project, a silver-lead-zinc deposit, is progressing, further solidifying the company's position in the market. New Pacific Metals aims to create long-term value for its shareholders by advancing and de-risking its quality silver assets while contributing to the economic growth of the regions it operates in. For more information, visit https://ibn.fm/NEWP.
