New Pacific is a Canadian exploration and development company with precious metal projects in Bolivia. The Company’s flagship Project, the Silver Sand Silver Project, has released its inaugural PEA study in January 2023. The PEA study shows a post-tax NPV (5% discount) of US$726 millions with an IRR of 39%, underpinned by total silver production of 171 million ounces over 14 years of mine life. At the recently discovered Carangas Silver-Gold Project, staged resource drilling programs totaling approximately 78,000 meters are expected to be completed by March 2023. The third project, the Silverstrike Silver-Gold Project, had a 6,000 m discovery drill program in 2022.
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