NEW PACIFIC METALS POISED TO PROFIT FROM BOLIVIAN SILVER AND GOLD DISCOVERIES (NYSE-A: NEWP)

Published: Tue, 06/20/23

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NEW PACIFIC METALS POISED TO PROFIT FROM BOLIVIAN SILVER AND GOLD DISCOVERIES (NYSE-A: NEWP)

Over the next two years, New Pacific Metals' three stellar projects will progress through the development pipeline. Click here to View Video.

Flagship Project Silver Sand is the furthest along and has naturally grabbed investors' attention. A preliminary economic assessment (PEA) delivered in January of this year, expects the production of 171 million ounces of payable silver that is so close to the surface, open-pit mining will be able to recover the minerals. It has been called the most momentous silver discovery in Bolivia in 30 years, and one of the most significant finds of the precious metal globally in the last decade.

The vast project may soon be overshadowed by the second New Pacific discovery, Carangas Project. Drill results initially revealed an extensive silver horizon, but with hindsight, this drilling was only scratching the surface. More recently, a thick gold zone beneath this silver horizon was discovered at depth.

"Our site visit confirms our view that Carangas offers significant resource potential, enough to eclipse Silver Sand's in-situ metal inventory," says Chris Thompson of PI Financial. He adds that Carangas "is under-appreciated by the market." In other words, it is a great opportunity for investors. New Pacific Metals recently announced assay results from 21 drill holes from Q1/23 drilling at its Carangas project in Bolivia, Q1 Drilling Complete - Maiden Resource on Track to release Q3/23. To access these results Click here.

Another success for New Pacific Metals is the Silverstrike Project, drilled by Rio Tinto in the '90s; recently drilled by New Pacific Metals discovered in 2022 a 200 m thick near-surface gold zone of over 1 gram per tonne; this project presents multiple targets similar to Silver Sand and Carangas; learn more.

For more information:

Website: https://www.newpacificmetals.com
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Email: invest@newpacificmetals.com
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