New Pacific Acquires the Carangas Silver Project, Bolivia
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 pl...
Source: investingnews.com