New Pacific Metals (TSE:NUAG) has released an update.
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New Pacific Metals Corp. has announced a significant mineral resource estimate for the Carangas Project in Bolivia, revealing substantial quantities of silver, gold, and other polymetallic deposits. The company’s 98%-owned project boasts an estimated 214.9 million tonnes of indicated resources and 45.0 million tonnes of inferred resources, highlighting the site’s potential for future mining operations. These findings position Carangas as a globally important discovery with favorable initial metallurgical test results indicating high recovery rates for silver and gold.
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