New Pacific Metals Appoints New Leadership to Advance Bolivian Silver Projects

New Pacific Metals Corp. has appointed Jalen Yuan as CEO and Chester Xie as CFO to lead the development of the company's Silver Sand and Carangas silver-gold projects in Bolivia, signaling strategic focus on advancing these key assets.

October 24, 2025
New Pacific Metals Appoints New Leadership to Advance Bolivian Silver Projects

New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) announced the immediate appointment of Jalen Yuan as Chief Executive Officer and Chester Xie as Chief Financial Officer. Yuan, who previously served as Interim CEO and CFO, has also joined the company's board of directors as part of this leadership transition.

The board cited Yuan's leadership and financial expertise as critical factors in advancing New Pacific's key Bolivian projects, particularly the Silver Sand and Carangas developments. Board Chair Dickson Hall welcomed both appointments and acknowledged the contributions of Dr. Peter Megaw, whose term as director concludes at the upcoming Annual General Meeting.

Yuan expressed honor in leading the company as it continues to responsibly develop its world-class Bolivian assets for the benefit of shareholders and stakeholders. The leadership changes come at a pivotal time for New Pacific as the company focuses on advancing its precious metal projects in Bolivia. Additional information about the company's developments is available in their newsroom at http://ibn.fm/NEWP.

New Pacific is a Canadian exploration and development company with three significant precious metal projects in Bolivia. The company's flagship Silver Sand Silver Project represents a major development opportunity, while the recently discovered Carangas Silver-Gold Project and the Silverstrike Silver-Gold Project provide additional growth potential in the region.

The announcement was distributed through Rocks & Stocks, a specialized communications platform that provides insights into the mining industry. Rocks & Stocks is part of the Dynamic Brand Portfolio at IBN, which offers comprehensive corporate communications solutions including wire distribution, media syndication, and social media outreach. More information about their services can be found at https://RocksAndStocks.news.

These leadership appointments signal New Pacific's commitment to accelerating development of its Bolivian assets amid growing global demand for silver and gold. The management changes position the company to capitalize on the potential of its projects while maintaining responsible development practices that benefit both shareholders and local stakeholders in Bolivia.