Project UpdateJul 16, 2026, 02:41 PM
New Pacific Metals Carangas PEA: $2.65B NPV (5%), 35.9% IRR
AI Summary
New Pacific Metals Corp. reported robust results from its updated Preliminary Economic Assessment (PEA) for the Carangas Project in Bolivia. The assessment, which includes increased throughput and the gold zone, projects a post-tax NPV (5%) of $2.65 billion and an IRR of 35.9%. The project has a 19-year life of mine, with initial capital costs of $644.5 million and a quick payback period of 2.4 years. The company plans to advance technical work, including a 30,000-meter drilling program, and continue with permitting efforts.
Key Highlights
- Post-tax Net Present Value (NPV) (5%) of $2.65 billion.
- Internal Rate of Return (IRR) of 35.9%.
- Life of Mine (LOM) of 19 years, producing 339.0 Moz silver equivalent.
- Initial capital costs estimated at $644.5 million.
- Post-tax payback period of 2.4 years.
- Average LOM All-In Sustaining Cost (AISC) of $19.16/oz AgEq.
- Company plans a 30,000-meter infill drilling program.
- Advancing permitting for Exploration Licenses to Administrative Mining Contracts conversion.
Price Impact
More from NEWP