New Pacific Acquires the Carangas Silver Project, Bolivia
New Pacific Metals Corp. is pleased to announce that the Company has signed an agreement with a private Bolivian company (the “Vendor”), to acquire a 98% interest in the Carangas silver project (the “Carangas Project” or the “Project”), located in the Oruro Department, Bolivia. New Pacific will cover 100% of the future expenditures on exploration, mining, development, and production activities. The agreement has a term of 30 years and is renewable for an additional 15 years. An initial discovery diamond drill program is planned to commence upon receipt of the related permit from the local authorities.
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New Pacific Metals Corp acquires 98% stake in the Carangas silver project in Oruro Department, Bolivia
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.
New Pacific Metals Corp acquires 98% stake in the Carangas silver project in Oruro Department, Bolivia
proactiveinvestors.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com Daily Mail and Mail on Sunday newspapers.