New Pacific Metals Reports Significant Progress at Bolivian Silver Projects

New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) has reported substantial progress across its two primary silver projects in Bolivia, highlighting strengthened community engagement, renewed government support for foreign investment, and steady advancement toward key permitting and development milestones. The company's efforts in 2025 have positioned both the Carangas silver-gold project and the Silver Sand silver project for significant work in the coming year.

At the Carangas project, the company advanced the conversion of exploration licenses to administrative mining contracts, a critical step in securing long-term operational rights. The company also secured a favorable community vote to proceed with consultation activities and began negotiating a long-term framework agreement with local stakeholders. These developments are foundational for the planned feasibility study, which will be supported by more than 30,000 metres of infill and exploration drilling scheduled for 2026. The full details of these advancements are available in the company's official communication at https://ibn.fm/I4KQL.

Concurrently, at the Silver Sand project, New Pacific Metals regained full site access after successfully halting illegal artisanal mining operations that had previously disrupted activities. The company received long-term legal protection through an amparo ruling, which provides a stable legal framework for future operations. Community relations, which had been strained, have been actively rebuilt, and the company is now working toward framework agreements that would allow environmental studies to restart in 2026. This project is considered the company's flagship asset with the potential to become one of the world's largest silver mines.

The progress at both projects occurs within a context of renewed Bolivian government support for foreign investment in the mining sector, which is crucial for the advancement of large-scale resource developments. The company's approach emphasizes collaborative engagement with local communities and adherence to legal and regulatory processes, which are essential for securing social license to operate. The latest news and updates relating to the company are available in its newsroom at http://ibn.fm/NEWP. The combined advancements at Carangas and Silver Sand represent a coordinated strategy to advance two major silver assets toward production, leveraging improved political and social conditions in Bolivia.