New Pacific Metals is a Canadian mineral exploration and development company focused on advancing precious and base metal properties in Bolivia. The company has no operating mines and generates no revenue, funding its operations through equity issuances. Its business model centers on de-risking two silver-dominant assets through exploration, technical studies, and permitting to prepare them for mine construction or an acquisition by a larger mining firm. The flagship Silver Sand project in Bolivia's Potosí Department is an open-pit silver deposit planned to produce silver doré bars using conventional mining and cyanide leaching. The Carangas project in the Oruro Department is an earlier-stage polymetallic deposit containing silver, gold, lead, and zinc, designed to produce precious metal doré as well as zinc and silver-lead concentrates. New Pacific Metals conducts geological drilling, metallurgical testing, engineering evaluations, and local community engagement, while pursuing the ratification of required mining production contracts with Bolivian state mining authorities.