New Pacific Metals is a Canadian exploration and development company primarily focused on precious metals properties. Headquartered in Vancouver, Canada, the company has a strategic emphasis on projects in Bolivia. One of its flagship projects is the Silver Sand project, which is recognized for its potential to become one of the largest silver mines in the world12.
The company’s interests extend beyond silver, as it carries out investments in privately held and publicly traded corporations across various sectors, including natural resources, industrial, and technology industries. In addition to the Silver Sand project, New Pacific Metals is involved in the Tagish Lake Gold Project in Yukon and the RZY Project, a silver-lead-zinc project, indicating a diversified portfolio in mineral exploration3.
As a Canadian Mining Issuer, New Pacific Metals is dedicated to exploring and developing precious metal properties, with a workforce of 64 employees as of 2023. The company, together with its subsidiaries, is actively engaged in the exploration and development of mineral properties, focusing on silver and gold deposits. The Silver Sand property, located in the Potosí Department in Southwestern Bolivia, is a significant asset for the company, covering an area of 5.42 square kilometers45.