This article has been disseminated on behalf of New Pacific Metals Corp. and may include paid advertising.
New Pacific Metals (TSX: NUAG) (NYSE American: NEWP) announced the signing of Administrative Mining Contracts covering its approximately 39-square-kilometre Carangas Silver-Gold Project in Bolivia. The 30-year contracts, signed with Bolivia Administrative Mining Jurisdictional Authority on Aug. 21, 2026, will now be submitted to the Plurinational Legislative Assembly of Bolivia for ratification and approval as the next step toward formally obtaining mining tenure. New Pacific also said its approximately 30,000-metre 2026 Carangas drill program is scheduled to begin the week of Sept. 8, with approximately 25,000 metres focused on upgrading mineral resources in the silver and gold zones and the balance targeting potential extensions and new targets. The program will also gather data for the planned feasibility study, including metallurgical samples and geotechnical and hydrological drilling.
To view the full press release, visit https://ibn.fm/bOLji
About New Pacific Metals
New Pacific is a Canadian exploration and development company advancing two permitting stage precious metals projects in Bolivia. Its Silver Sand project in Potosí has the potential to become one of the world’s largest silver mines. The Carangas Silver–Gold project in Oruro strengthens the Company’s portfolio through scale, robust economics, and regional exploration potential. With near a decade of operating experience in Bolivia, New Pacific has earned the confidence of its stakeholders and shareholders.
NOTE TO INVESTORS: The latest news and updates relating to NEWP are available in the company’s newsroom at http://ibn.fm/NEWP
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