Welcome to our dedicated page for New Pac Metals news (Ticker: NEWP), a resource for investors and traders seeking the latest updates and insights on New Pac Metals stock.
New Pacific Metals Corp (NEWP) delivers comprehensive updates on its Bolivian precious metals exploration through this dedicated news hub. Investors and industry observers will find verified disclosures ranging from drilling results to regulatory milestones, all adhering to Canada's NI 43-101 technical reporting standards.
This resource consolidates essential updates across NEWP's project portfolio, including the Silver Sand silver deposit, Carangas silver-lead-zinc development, and Silverstrike gold exploration. Key materials include earnings reports, resource estimates, metallurgical test results, and community engagement progress.
Users benefit from direct access to primary-source information critical for evaluating the company's operational and financial trajectory. Content types include project feasibility studies, permit approvals, leadership updates, and strategic partnership announcements—all curated for relevance to investment decision-making.
Bookmark this page for streamlined tracking of New Pacific Metals' developments in South America's mining sector. Regular visits ensure timely awareness of material events affecting the company's exploration and resource definition activities.
New Pacific Metals Corp. (TSX: NUAG) (NYSE-A: NEWP) has announced the filing of an independent Pre-Feasibility Study (PFS) technical report for its Silver Sand project in Potosi, Bolivia. The PFS Technical Report, effective June 19, 2024, complies with NI 43-101 standards. Qualified persons from AMC Mining Consultants, Halyard Inc., NewFields Canada Mining & Environment ULC, and BBA Engineering contributed to the report. The technical report is now available on SEDAR+, EDGAR, and the company's website.
New Pacific Metals (NYSE-A: NEWP) announced results from its pre-feasibility study (PFS) for the Silver Sand project in Bolivia. Key highlights include a post-tax net present value (NPV) of $740 million and an internal rate of return (IRR) of 37% at a silver price of $24/oz. The study projects a 13-year mine life producing 157 million ounces (Moz) of silver, with annual production exceeding 15 Moz in the first three years and a life-of-mine (LOM) average of 12 Moz annually.
Initial capital costs are estimated at $358 million, with a post-tax payback period of 1.9 years. The average LOM all-in sustaining cost (AISC) is projected at $10.69/oz. The project is expected to be a high-grade, low-cost silver producer. Future steps include securing surface rights and community agreements.
Economic sensitivity analysis shows robust project economics at various silver prices, with NPV and IRR remaining attractive even with increases in operating and capital costs. The company also faces challenges from illegal miners but is taking legal action and engaging with local communities to resolve these issues.
New Pacific Metals Corp. reports a net loss of $1.27 million for the three months ended March 31, 2024, with a working capital of $23.67 million. The company's financial results show a decrease in operating expenses and an increase in net income from investments. Project expenditures for the Silver Sand, Carangas, and Silverstrike projects are detailed in the press release.
New Pacific Metals Corp. reports positive results of its metallurgical test program for the Silver Sand project in Bolivia. The tests show high silvery recovery rates, low cyanide consumption, and potential for recovery enhancement. The company remains on track to deliver the Preliminary Feasibility Study results in June, with metallurgical properties exceeding expectations and potential for reduced operating costs.
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