New Pacific Metals Appoints Permanent CEO and CFO to Advance Bolivian Silver Projects

New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG) has announced the permanent appointment of Mr. Jalen Yuan as Chief Executive Officer and Mr. Chester Xie as Chief Financial Officer, effective October 23, 2025. The Canadian exploration and development company, which focuses on silver projects in Bolivia, made these leadership appointments following what the company describes as a robust period of progress under Mr. Yuan's interim guidance. Mr. Yuan, who spends significant time in Bolivia overseeing the company's operations, will also serve on the company's Board of Directors, reinforcing the strategic importance of the Bolivian initiatives to New Pacific's overall corporate direction.

Dickson Hall, New Pacific's Board Chair, expressed confidence in the new leadership team, stating that the board is pleased to confirm both executives in their permanent positions. The appointments come at a critical juncture for the company as it advances its silver exploration and development projects in Bolivia, a country with significant mineral potential but also complex operating environments. Mr. Yuan's commitment to delivering positive outcomes for shareholders while emphasizing the importance of the Bolivia operations underscores the company's strategic focus on this key geographic region.

The leadership stabilization follows a period of organizational development and project advancement for New Pacific Metals. The company maintains its corporate communications through its official newsroom available at https://ibn.fm/NEWP, where investors can access the latest updates and developments. The permanent appointments of both the CEO and CFO positions provide organizational stability and continuity as the company moves forward with its exploration and development timeline in Bolivia's mining sector.

These executive appointments represent a significant step in New Pacific Metals' corporate governance structure, particularly given Mr. Yuan's dual role as both CEO and board member. This leadership structure suggests a close alignment between operational management and board-level strategic direction, which could prove crucial for navigating the complexities of mining development in Bolivia. The company's focus on silver projects in this South American nation positions it within a strategic commodity sector while operating in a jurisdiction that presents both opportunities and challenges for mineral development.