New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) has released its financial results for the three months and fiscal year ended June 30, 2026, alongside notable advancements at its Carangas Silver-Gold Project in Bolivia. The company reported a net loss attributable to equity holders of $990,000, or $0.01 per share, for the quarter and $4.19 million, or $0.02 per share, for the full year. As of the fiscal year-end, New Pacific held working capital of $37.76 million, positioning it to continue development activities.
The most significant development came after the fiscal year-end when New Pacific signed 30-year Administrative Mining Contracts covering approximately 39 square kilometers of the Carangas Project. These contracts are now set to be submitted to the Plurinational Legislative Assembly of Bolivia for ratification and approval, a crucial step in securing the project's long-term legal framework. This milestone underscores the company's commitment to advancing its Bolivian assets, where it has nearly a decade of operating experience.
In parallel, the company filed an updated preliminary economic assessment (PEA) for Carangas, which outlines robust project economics. The PEA reports a post-tax net present value (NPV) at a 5% discount rate of $2.65 billion and an internal rate of return (IRR) of 35.9% using stated base-case metal prices. The assessment envisions a 19-year mine life, with initial capital costs of $644.5 million and a post-tax payback period of just 2.4 years. These figures highlight the project's potential to become a significant contributor to New Pacific's portfolio and the regional economy.
New Pacific is a Canadian exploration and development company focused on advancing two precious metals projects in Bolivia. Its 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 adds scale and robust economics to the company's asset base. The company's prolonged presence in Bolivia has helped it earn the trust of local stakeholders and shareholders alike.
Investors seeking more information can view the full press release at https://ibn.fm/j1PNI. Additionally, the latest news and updates regarding New Pacific Metals are available at http://ibn.fm/NEWP.
