This article has been disseminated on behalf of New Pacific Metals Corp. and may include paid advertising.
New Pacific Metals (TSX: NUAG) (NYSE American: NEWP) announced it has signed a Framework Agreement for Cooperation and Coordination with the Carangas community in connection with its Carangas silver-gold project in Bolivia’s Oruro Department, establishing terms for transparency, mutual benefit and long-term collaboration as the project advances toward production. The agreement outlines commitments to responsible development, environmental compliance, community investment and resettlement planning, while the community has agreed to support consultation, permitting and project access; with the framework in place, the company expects to complete the formal prior consultation process, seek conversion of exploration licenses to mining permits and, upon permit approval, commence a feasibility study and a 2026 drilling campaign of more than 30,000 metres targeting resource expansion and new mineralized zones.
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