---
title: "New Pacific Metals signs 30-year mining contracts for Carangas silver-gold project in Bolivia"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297041566.md"
description: "New Pacific Metals signed 30-year Administrative Mining Contracts for its Carangas silver-gold project in Bolivia on Aug. 21, converting exploration licenses into a long-term framework. The contracts require ratification by Bolivia’s Plurinational Legislative Assembly to secure formal mining tenure. Additionally, the company plans to commence a 30,000-meter drill program starting Sept. 8, with 25,000 meters dedicated to upgrading resources."
datetime: "2026-08-26T12:03:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297041566.md)
  - [en](https://longbridge.com/en/news/297041566.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297041566.md)
generator: "portal-rs"
---

# New Pacific Metals signs 30-year mining contracts for Carangas silver-gold project in Bolivia

-   New Pacific Metals signed 30-year Administrative Mining Contracts for its 39 km² Carangas silver-gold project in Bolivia on Aug. 21. \* Contracts convert prior exploration licences into a long-term mining framework, de-risking the project’s path toward development. \* Mining contracts move to Bolivia’s Plurinational Legislative Assembly for ratification, the next step to secure formal mining tenure. \* A 30,000-meter drill program is set to start the week of Sept. 8, including 25,000 meters aimed at upgrading resources. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Pacific Metals Corp. published the original content used to generate this news brief via CNW (Ref. ID: 202608260800CANADANWCANADAPR\_C7766) on August 26, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**