Earnings ·
Reports Q1 net loss of $1.42M, updates Carangas PEA with $2.65B NPV and 35.9% IRR
NEWPNew Pacific Metals Corp
New Pacific Metals Corp. reported a net loss attributable to equity holders of $1.42 million, or $0.01 per share, for the three months ended September 30, 2026, compared to a $0.75 million loss in the prior year period. The company also released an updated preliminary economic assessment (PEA) for its Carangas Silver-Gold Project in Bolivia, which indicates a post-tax net present value of $2.65 billion and an internal rate of return of 35.9% at base case metal prices. Initial capital costs are estimated at $644.5 million with a payback period of 2.4 years over a 19-year mine life. New Pacific Metals Corp. is a Canadian exploration and development company advancing precious metals projects in Bolivia.