# 08:00 ET New Pacific Metals Reports Signing of Administrative Mining Contracts and Commencement of the 2026 Drill Program at the Carangas Project New Pacific Metals Corp. \(TSX: NUAG\) \(NYSE-A: NEWP\) \("New Pacific" or the "Company"\) is pleased to report the signing of the Administrative Mining...

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/08-00-et-new-pacific-metals-reports-signing-of-administrative-mining-contracts-a--1dccb02e-6272-4254-a2e9-5c163a873e4e

Original source: https://www.newswire.ca/news-releases/new-pacific-metals-reports-signing-of-administrative-mining-contracts-and-commencement-of-the-2026-drill-program-at-the-carangas-project-852583400.html

Publisher: cnw

Original announcement: 2026-08-26T14:01:05.427Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: New Pacific Metals Corp.

- Ticker: NUAG

- Exchange: Unavailable

- Region: Oruro Department, Bolivia

- Primary commodity: Silver

- Secondary commodities: Gold

- Document categories: Permitting, Drill results

- Extracted: 2026-08-26 14:04:45 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

New Pacific Metals has signed 30-year Administrative Mining Contracts \(AMCs\) for its Carangas Silver-Gold Project in Bolivia, marking a key permitting milestone. Additionally, the company announced a 30,000-metre drill program scheduled to begin in September 2026, aimed at upgrading mineral resources and testing new targets.

Reasoning: The signing of 30-year AMCs is a significant de-risking milestone for the Carangas project, complemented by the announcement of a substantial upcoming drill program.

- Positive factor: Secured 30-year administrative mining contracts \(AMCs\)

- Positive factor: De-risking of permitting pathway

- Positive factor: Commencement of large 30,000m drill program

- Positive factor: Program includes resource upgrade and step-out drilling

- Negative factor: Requires final ratification by the Plurinational Legislative Assembly of Bolivia

Facts used in scoring: 2

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release is reviewed and approved by a designated Qualified Person \(Alex Zhang, P.Geo.\)

Evidence · text

> This news release has been reviewed and approved by Alex Zhang, P.Geo., Vice President of Exploration of New Pacific who is the designated qualified person for the Company.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drill program includes drilling for potential extensions beyond known resource areas.

Evidence · text

> the balance focused on step-out drilling for potential extensions

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.