# MiningNewsBreaks - New Pacific Metals Corp. \(TSX: NUAG\) \(NYSE American: NEWP\) Signs 30-Year Mining Contracts for Carangas Silver-Gold Project

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/miningnewsbreaks-new-pacific-metals-corp-tsx-nuag-nyse-american-newp-signs-30-ye--3ba9a7f7-15ea-4cfc-ab9b-c3d098e16d1c

Original source: https://orestocks.com/company/NUAG.TO/press-releases/7110820134446306

Publisher: orestocks

Original announcement: 2026-08-26T13:31:42.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: New Pacific Metals Corp.

- Ticker: NUAG

- Exchange: Unavailable

- Region: Bolivia

- Primary commodity: Silver

- Secondary commodities: Gold

- Document categories: Permitting, Drill results

- Extracted: 2026-08-26 14:33:22 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

New Pacific Metals Corp. has signed 30-year administrative mining contracts for its Carangas Silver-Gold Project in Bolivia, which now await legislative ratification. The company also announced a 30,000-metre drill program starting in September 2026 to upgrade mineral resources and support a planned feasibility study.

Reasoning: The signing of long-term mining contracts is a significant de-risking milestone for tenure, complemented by a substantial upcoming drilling campaign.

- Positive factor: Secured 30-year administrative mining contracts

- Positive factor: Upcoming large-scale 30,000m drill program

- Positive factor: Drilling intended for resource upgrading and feasibility study data

- Negative factor: Contracts still require ratification by the Plurinational Legislative Assembly of Bolivia

Facts used in scoring: 0

## Classification and evidence

**permitting**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Company signed 30-year administrative mining contracts with the Bolivian jurisdictional authority.

Evidence · text

> announced the signing of Administrative Mining Contracts covering its approximately 39-square-kilometre Carangas Silver-Gold Project in Bolivia.

## 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.