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New Pacific Metals Files Preliminary Economic Assessment for Carangas

Vancouver-based New Pacific Metals Corp. has officially filed its independent preliminary economic assessment for the Carangas project, located in the Oruro Department of Bolivia. The technical report, prepared by Ausenco Engineering Canada ULC, confirms the project's development path following the company's initial disclosure released on July 17.

New Pacific Metals Files Preliminary Economic Assessment for Carangas
Photo: Bio & News

The report, titled Carangas Project: NI 43-101 Technical Report and Preliminary Economic Assessment, adheres to the strict disclosure standards required for mineral projects. It provides a comprehensive analysis of the site's economic potential and operational scope. Management confirmed that the findings within the full document align with the figures previously released to the public, showing no material discrepancies.

New Pacific currently manages two major precious metals assets in Bolivia. While the Silver Sand project in Potosí remains a primary focus, the Carangas site is positioned to bolster the company's portfolio through its scale and regional exploration upside. The company has maintained a presence in the country for nearly a decade, leveraging that tenure to advance these assets toward production. Interested parties can access the full documentation via the company website or through the SEDAR+ platform.

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