New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) has reported continued advancement across its Carangas silver-gold project and Silver Sand silver project in Bolivia. The company noted strengthened community engagement, renewed government support for foreign investment, and steady progress toward permitting and development milestones.
In 2025, the company advanced the conversion of Carangas exploration licenses to administrative mining contracts, secured a favorable community vote to proceed with consultation activities, and began negotiating a long-term framework agreement. Work is also being planned for a feasibility study supported by more than 30,000 metres of infill and exploration drilling in 2026.
At Silver Sand, the company regained full site access after halting illegal artisanal mining, received long-term legal protection through an amparo ruling, rebuilt community relations, and is working toward framework agreements that would allow environmental studies to restart in 2026.
These developments are significant for New Pacific Metals as they de-risk the projects and pave the way for potential development. The Carangas project, a high-margin silver-lead-zinc deposit, and the flagship Silver Sand project, which has the potential to become one of the world's largest silver mines, are central to the company's growth strategy.
For more details, the full press release is available at https://ibn.fm/I4KQL.
New Pacific Metals is a Canadian exploration and development company with three precious metal projects in Bolivia. The company's latest news and updates can be found at http://ibn.fm/NEWP.
