FAQ: New Pacific Metals Corp.'s Strategic Position in the Global Silver Market

What are New Pacific Metals Corp.’s main projects?

New Pacific Metals Corp. owns the Silver Sand and Carangas projects in Bolivia, which are among the largest undeveloped open-pit silver projects globally.

How much silver is the Silver Sand project expected to produce annually?

The Silver Sand project is projected to produce 12 million ounces of silver annually over a 13-year mine life, with early years estimated at 15 million ounces per year.

What is the significance of the Carangas project?

The Carangas project could add 6.6 million ounces of silver annually and has over 1 million ounces of gold potential at depth, not yet incorporated into its preliminary economic assessment.

Why is Bolivia an important location for New Pacific Metals Corp.?

Bolivia is geologically rich and starved of foreign investment needed to revitalize its mining sector, offering significant upside for early movers like New Pacific Metals Corp.

Who are the major shareholders of New Pacific Metals Corp.?

New Pacific Metals Corp. is 28% owned by Silvercorp Metals and 13% owned by Pan American Silver, both of which see the Bolivian projects as strategic long-term opportunities.

What is the global demand for silver driven by?

Global demand for silver is rising, driven by industrial and renewable energy sectors, including photovoltaic solar panels and electric vehicles.

What are the economic projections for the Silver Sand project?

The Silver Sand project has a post-tax net present value of US$740 million and a 37% internal rate of return at a conservative silver price of US$24 per ounce, with all-in sustaining costs estimated at US$10.69 per ounce.

What are the next steps for New Pacific Metals Corp.?

New Pacific Metals Corp. is working through Bolivia’s permitting process to unlock the upside potential of its high-quality, large-scale projects.