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New Pacific Metals Reports Updated Carangas Project Economic Assessment with $2.65 Billion NPV

New Pacific Metals announced the results of an updated preliminary economic assessment for the Carangas project, showing a post-tax NPV of $2.65 billion and an IRR of 35.9%. The project is expected to produce 339 million ounces of silver equivalent.

AS1 NewsSource: prnewswire.com

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New Pacific Metals Corp. (TSX: NUAG, NYSE-A: NEWP) has published the results of an updated preliminary economic assessment for its Carangas project. The technical report indicates a post-tax net present value (NPV) of $2.65 billion at a 5% discount rate and an internal rate of return (IRR) of 35.9%. The assessment also estimates that the project will produce approximately 339 million ounces of silver equivalent. These figures reflect the project's economic viability based on current assumptions and resource estimates. The Carangas project continues to be a key asset for New Pacific Metals, which is focused on advancing its resource development and exploration activities. The updated assessment may influence investor perception of the company's valuation and project potential, though market reactions will depend on broader market conditions and investor sentiment. The company aims to leverage these positive economic indicators to support future development plans and stakeholder engagement.

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The positive economic assessment may enhance investor confidence and influence the company's valuation.