New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) reported a net loss attributable to equity holders of $0.87 million for the three months ended March 31, 2026, compared with $0.86 million in the prior-year period. The company maintained a strong working capital position of $39.28 million as of quarter-end, providing financial flexibility for its ongoing project development.
During the quarter, New Pacific highlighted a framework agreement signed with the Carangas community in February, supporting long-term cooperation on the Carangas Silver-Gold project. The company continued investment across its project portfolio, with total mineral property balances reaching $119.48 million. The Carangas project, located in Oruro, Bolivia, strengthens the company’s portfolio through scale, robust economics, and regional exploration potential.
New Pacific is a Canadian exploration and development company advancing two permitting stage precious metals projects in Bolivia. Its Silver Sand project in Potosí has the potential to become one of the world’s largest silver mines. 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 relating to NEWP, visit the company’s newsroom.
The framework agreement with the Carangas community is a critical step toward advancing the Carangas project, which could add significant value to New Pacific’s portfolio. Investors should monitor progress on permitting and community relations, as these factors are key to unlocking the project’s potential. The company’s strong cash position provides a buffer against operational delays and allows for continued investment in exploration and development.
This news matters because New Pacific is positioned to become a major silver producer, and its ability to advance projects in Bolivia—a jurisdiction with both opportunities and challenges—will determine its long-term success. The Carangas agreement demonstrates progress in stakeholder engagement, which is essential for mining projects in the region.
