Curated News
By: NewsRamp Editorial Staff
November 07, 2025
New Pacific Metals Advances Major Silver Projects Amid Rising Prices
TLDR
- New Pacific Metals offers investors exposure to two of the world's largest undeveloped silver deposits during a period of rising precious metal prices.
- The Carangas Project features a 16-year starter pit with low strip ratio focusing on shallow silver zones and underlying gold mineralization.
- Developing these large silver deposits supports global industrial demand while creating sustainable mining operations in Bolivia.
- New Pacific Metals' Carangas Project contains both silver and gold zones with multiple regional targets showing similar geological characteristics.
Impact - Why it Matters
This development matters because rising precious metal prices directly impact both mining company valuations and investor portfolios. With silver reaching $48.5 per ounce and gold at $4,001 per ounce, companies like New Pacific Metals with large undeveloped deposits become significantly more valuable. For investors, this represents potential growth opportunities in the commodities sector, while for the broader economy, it signals strengthening industrial demand and potential supply constraints that could affect everything from electronics manufacturing to jewelry markets. The advancement of major silver projects in Bolivia also highlights the ongoing global competition for strategic mineral resources.
Summary
New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG) is advancing two of the world's largest undeveloped open-pittable silver deposits—Silver Sand and Carangas—in Bolivia, capitalizing on strengthening precious metals prices that have significantly improved project economics. Gold was trading around $4,001 per ounce and silver reached $48.5 per ounce as of November 3rd, 2025, supported by industrial demand and tightening mine supply, creating a favorable environment for exploration and development companies. The company's Carangas Project stands out with its large near-surface silver zone complemented by a thick underlying gold zone, offering scalability and multi-metal optionality that enhances its investment appeal in the current market conditions.
The Preliminary Economic Assessment for Carangas outlines a robust 16-year starter pit focused on the shallow silver zone with a low strip ratio, presenting attractive operational economics while leaving significant unmodeled upsides for future expansion. Adding to the project's long-term potential are multiple regional targets near Carangas that share similar geological characteristics, expanding the discovery potential beyond the current resource estimates. This strategic positioning within the Dynamic Brand Portfolio of IBN provides New Pacific Metals with enhanced visibility and communication reach through platforms like MiningNewsWire, which specializes in covering developments in the global mining and resources sectors.
For investors seeking exposure to precious metals, New Pacific Metals represents an intriguing opportunity with its substantial silver assets poised to benefit from both rising metal prices and advancing project development. The company's newsroom at https://ibn.fm/NEWP provides ongoing updates, while those interested in broader mining sector developments can access additional insights through the MiningNewsWire platform and its comprehensive distribution network that includes article syndication to over 5,000 outlets and enhanced press release services designed to maximize market impact and investor awareness.
Source Statement
This curated news summary relied on content disributed by InvestorBrandNetwork (IBN). Read the original source here, New Pacific Metals Advances Major Silver Projects Amid Rising Prices
