The Assay TV chats with Andrew Williams, CEO of New Pacific Metals (TSX: NUAG | NYSE American: NEWP), a Canadian exploration and development company with three precious metal projects in Bolivia in South America.
Andrew talks about his background in the industry, his recent appointment as CEO, and all three of New Pacific Metals projects in its portfolio, including the company’s recently discovered Carangas silver-gold project, the Silverstrike silver-gold project, and the company’s flagship project, Silver Sand silver project.
He digs a bit further to tell us about the sheer size of Carangas with an indicated resource of a whopping 560Moz Ag Eq, a sizeable difference even in comparison to even its significant Silver Sand project at 200Moz Ag Eq. Andrew also touches on last month’s prominent C$35M bought deal financing, and the companies plans to allocate it predominantly towards the Silver Sand and Caranagas projects.
Primary tickers: TSX:NUAG, NYSE-A:NEWP, FRA:3N7A.F
Stage of development: Exploration, Development
Commodities: Silver, Gold
Project to promote: Ngualla
Project location: USA