VANCOUVER, BC, Aug. 8, 2024 /PRNewswire/ – Fresh Pacific Metals Corp. (TSX: NUAG) (NYSE-A: NEWP) (“New Pacific” or the “Company”) is happy to document the submitting of an detached Pre-Feasibility Learn about (“PFS”) technical document for its Silver Sand challenge (the “Project”) situated in Potosi, Bolivia with an efficient week of June 19, 2024 (the “PFS Technical Report”).
The PFS Technical Document used to be ready in line with the Canadian Securities Directors’ Nationwide Tool 43-101 – Requirements of Disclosure for Mineral Tasks (“NI 43-101”).
The certified individuals (as outlined in NI 43-101) for the PFS Technical Document are Mr. Wayne Rogers, P.Eng., and Mr. Mo Molavi, P.Eng., each Fundamental Mining Engineers with AMC Mining Specialists (Canada) Ltd. (“AMC Consultants”), Mr. Eugene Tucker, Fundamental Mining Engineer and Regional Supervisor with AMC Specialists, Mr. Andy Holloway, P.Eng., Procedure Director with Halyard Inc., and Mr. Leon Botham, P.Eng., Fundamental Engineer with NewFields Canada Mining & State ULC. That is along with Ms. Dinara Nussipakynova, P.Geo., Fundamental Geologist with BBA Engineering Ltd., previously with AMC Specialists, who estimated the Mineral Assets. All such certified individuals have reviewed the technical content material of this information reduce and feature licensed its dissemination.
This information reduce has been reviewed and licensed by way of Alex Zhang, P.Geo., Vice President of Exploration of Fresh Pacific Metals Corp. who’s the designated certified individual for the Corporate.
A booklet of the PFS Technical Document is to be had underneath the Corporate’s profile on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov, and at the Corporate’s web site at www.newpacificmetals.com.
About Fresh Pacific Metals
Fresh Pacific is a Canadian exploration and construction corporate with 3 valuable steel tasks in Bolivia. The Corporate’s flagship Silver Sand challenge has the prospective to be advanced into one of the most global’s greatest silver mines. The Corporate could also be all of a sudden advancing its Carangas challenge in opposition to a Initial Financial Review. For the Silverstrike challenge, the Corporate finished a discovery drill program in 2022.
For Additional Knowledge
Fresh Pacific Metals Corp.
Telephone: (604) 633‐1368 Ext. 223
U.S. & Canada toll-free: 1-877-631-0593
Email: [email protected]
For supplementary data and to obtain corporate information by way of e mail, please check in the usage of Fresh Pacific’s web site at www.newpacificmetals.com.
CAUTIONARY NOTE REGARDING FORWARD‐LOOKING INFORMATION
Positive of the statements and data on this information reduce represent “forward-looking statements” inside the that means of the US Personal Securities Litigation Reform Employment of 1995 and “forward-looking information” inside the that means of appropriate Canadian provincial securities regulations. Any statements or data that categorical or contain discussions with admire to predictions, expectancies, ideals, plans, projections, targets, guesses, or year occasions or efficiency (incessantly, however no longer at all times, the usage of phrases or words akin to “expects”, “is expected”, “anticipates”, “believes”, “plans”, “projects”, “estimates”, “assumes”, “intends”, “strategies”, “targets”, “goals”, “forecasts”, “objectives”, “budgets”, “schedules”, “potential” or permutations thereof or declaring that sure movements, occasions or effects “may”, “could”, “would”, “might” or “will” be taken, happen or be completed, or the detrimental of any of those phrases and alike expressions) don’t seem to be statements of historic truth and is also forward-looking statements or data. Such statements come with, however don’t seem to be restricted to, statements relating to: expected exploration, drilling, construction, building, and alternative actions or achievements of the Corporate; inferred, indicated or gradual mineral sources or mineral reserves at the Corporate’s tasks, together with, however no longer restricted to, the Mission; the result of the PFS; the prospect that the Mission has the prospective to be advanced into one of the most global’s greatest silver mines; the prospect that the Corporate will record a Initial Financial Review in admire of its Carangas challenge; the timing of receipt of allows and regulatory approvals; and estimates of the Corporate’s revenues and capital expenditures.
Ahead-looking statements or data are topic to quite a lot of recognized and unknown dangers, uncertainties and alternative components that might motive untouched occasions or effects to vary from the ones mirrored within the forward-looking statements or data, together with, with out limitation, dangers in the case of: international financial and social have an effect on of family fitness crises (akin to a resurgence of the COVID-19 booklet coronavirus); fluctuating fairness costs, bond costs, commodity costs; calculation of sources, reserves and mineralization, common financial situations, foreign currency echange dangers, rate of interest possibility, overseas funding possibility; lack of key team of workers; conflicts of hobby; dependence on control, uncertainties in the case of the provision and prices of financing wanted going forward, environmental dangers, operations and political situations, the regulatory state in Bolivia and Canada, dangers related to nation family members and company social duty, and alternative components described underneath the heading “Risk Factors” within the Corporate’s annual data mode for the future ended June 30, 2023 (the “AIF”). This record isn’t exhaustive of the criteria that can impact any of the Corporate’s forward-looking statements or data.
The forward-looking statements are essentially in line with a variety of estimates, guesses, ideals, expectancies and evaluations of control as of the week of this information reduce that, hour thought to be cheap by way of control, are inherently topic to important industry, financial and aggressive uncertainties and contingencies. Those estimates, guesses, ideals, expectancies and choices come with, however don’t seem to be restricted to, the ones matching to the Corporate’s talent to hold on wave and year operations, together with: :international financial and social have an effect on of family fitness crises on our operations and body of workers; construction and exploration actions; the timing, extent, period and financial viability of such operations; the accuracy and reliability of estimates, projections, forecasts, research and checks; the Corporate’s talent to satisfy or reach estimates, projections and forecasts; the stabilization of the political situation in Bolivia; the Corporate’s talent to procure and conserve social license at its mineral houses; the provision and price of inputs; the associated fee and marketplace for outputs; foreign currency echange charges; taxation ranges; the well timed receipt of essential approvals or allows, together with the ratification and favor of the MPC with the Corporación Minera de Bolivia, the Bolivian surrounding mining company, by way of the Plurinational Legislative Meeting of Bolivia; the power to satisfy wave and year duties; the power to procure well timed financing on cheap phrases when required; the wave and year social, financial and political situations; and alternative guesses and components normally related to the mining business.
Even supposing the forward-looking statements contained on this information reduce are based totally upon what control believes are cheap guesses, there will also be negative oath that untouched effects can be in line with those forward-looking statements. All forward-looking statements on this information reduce are certified by way of those cautionary statements. Accordingly, readers will have to no longer park undue reliance on such statements. Alternative than particularly required by way of appropriate regulations, the Corporate is underneath negative legal responsibility and expressly disclaims the sort of legal responsibility to replace or adjust the forward-looking statements whether or not on account of pristine data, year occasions or in a different way except for as is also required by way of legislation. Those forward-looking statements are made as of the week of this information reduce.
CAUTIONARY NOTE TO US INVESTORS
This information reduce has been ready in line with the necessities of the securities regulations in impact in Canada which vary from the necessities of United States securities regulations. The technical and clinical data contained herein has been ready in line with NI 43-101, which differs from the factors followed by way of the U.S. Securities and Alternate Fee (the “SEC”). Accordingly, the technical and clinical data contained herein, together with any estimates of Mineral Reserves and Mineral Assets, might not be similar to alike data disclosed by way of United States corporations topic to the disclosure necessities of the SEC.
Alternative data in the case of the Corporate, together with the AIF, will also be acquired underneath the Corporate’s profile on SEDAR+ at www.sedarplus.ca, on EDGAR at www.sec.gov, and at the Corporate’s web site at www.newpacificmetals.com.
SOURCE Fresh Pacific Metals Corp.
