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New Pacific Metals’ Carangas Project Shows Promising Returns

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New Pacific Metals’ Carangas Project Shows Promising Returns

New Pacific Metals (TSE:NUAG) has released an update.

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New Pacific Metals Corp. has announced promising results from the Preliminary Economic Assessment of the Carangas project in Bolivia, revealing a post-tax net present value of $501 million and an internal rate of return of 26%. The project anticipates a 16-year life of mine with significant silver, zinc, and lead production, and expects to create around 500 direct permanent jobs.

For further insights into TSE:NUAG stock, check out TipRanks’ Stock Analysis page.

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