New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) announced its financial results for the fiscal 2026 third quarter ended March 31, 2026, reporting a net loss attributable to equity holders of $0.87 million, compared to $0.86 million in the same period last year. The company maintained a strong working capital position of $39.28 million as of quarter-end, underscoring its financial stability amid ongoing exploration and development activities.
During the quarter, New Pacific highlighted a significant milestone: the signing of a framework agreement with the Carangas community in February, which supports long-term cooperation on the Carangas Silver-Gold project. This agreement is expected to facilitate continued progress on the project, which is one of the company’s key assets in Bolivia. The company continued to invest across its project portfolio, with total mineral property balances reaching $119.48 million.
New Pacific Metals is a Canadian exploration and development company advancing two permitting-stage precious metals projects in Bolivia. The Silver Sand project in Potosí has the potential to become one of the world’s largest silver mines, while the Carangas Silver-Gold project in Oruro strengthens the company’s portfolio through its scale, robust economics, and regional exploration potential. With over a decade of operating experience in Bolivia, New Pacific has earned the confidence of its stakeholders and shareholders.
The company is headquartered in Vancouver, British Columbia, and its shares trade on the Canadian Securities Exchange under the symbol “NUAG” and on the New York Stock Exchange under the symbol “NEWP”. For the latest news and updates, visit the company’s newsroom at http://ibn.fm/NEWP.
This financial report is important for investors as it demonstrates New Pacific’s ability to maintain a strong cash position while progressing its key projects. The framework agreement with the Carangas community is a positive step toward advancing the Carangas project, which could become a significant source of silver and gold production. The company’s continued investment in its mineral properties, totaling nearly $120 million, signals confidence in the long-term value of its assets. For the broader industry, New Pacific’s progress in Bolivia highlights the potential for precious metals development in the region, though political and community relations remain critical factors.
