Carangas, a resources over 1,588K Oz of gold

Sep 06, 2023

1 5New Pacific Metals Corp reported the inaugural independent National Instrument Standards of Disclosure for Mineral Projects mineral resource estimate (the MRE) for its 98%‐controlled Carangas silver‐gold polymetallic deposit in Bolivia. The MRE was completed by RPMGlobal (Canada) Ltd.

Total indicated mineral resources of 214.9 million tonnes containing 205.3 million ounces of silver, 1,588.2 thousand ounces of gold, or collectively 559.8 Mozs silver equivalent (AgEq). Carangas is a globally significant Ag-Au polymetallic discovery.

The Carangas Project is hosted within a volcanic caldera system. This system is centered on a Tertiary‐aged diatreme. The mineralization process was influenced by the heat gradient from rhyolitic intrusions within the diatreme.

This process resulted in the formation of three distinct zones: an upper zone rich in silver, a middle zone dominated by zinc and lead, and a lower zone with a higher concentration of gold. For the MRE, the deposit was divided into three domains: one focused on silver, and the last one on gold.

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It was a pleasure meeting Rami Baron following his insightful session, Lessons From My Father, at Bharat Diamond Bourse, Mumbai. A meaningful interaction with a respected global leader, exchanging perspectives on the future of the diamond industry.

Bharat Diamond Bourse today hosted Lessons From My Father an insightful lecture by Rami Baron at the Convention Hall,BDB, BKC, Mumbai
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Bharat Diamond Bourse today hosted Lessons From My Father an insightful lecture by Rami Baron at the Convention Hall,BDB, BKC, Mumbai
The session brought together members of the diamond industry for meaningful discussions on leadership, legacy, and shaping the future of the trade

Bharat Diamond Bourse today hosted Lessons From My Father an insightful lecture by Rami Baron at the Convention Hall,BDB, BKC, Mumbai
The session brought together members of the diamond industry for meaningful discussions on leadership, legacy, and shaping the future of the trade

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