New Pacific Metals signs 30-year mining contracts for Carangas silver-gold project in Bolivia - NEWP News | RalliesNew Pacific Metals signs 30-year mining contracts for Carangas silver-gold project in Bolivia
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NEWP• Drill program to start in September
- A 30,000-meter drill program is set to start the week of Sept. 8, including 25,000 meters aimed at upgrading resources.
30-year contracts signed for Carangas project
- New Pacific Metals signed 30-year Administrative Mining Contracts for its 39 km² Carangas silver-gold project in Bolivia on Aug. 21.
- Contracts convert prior exploration licences into a long-term mining framework, de-risking the project’s path toward development.
- Mining contracts move to Bolivia’s Plurinational Legislative Assembly for ratification, the next step to secure formal mining tenure.