NEW PACIFIC REPORTS FINANCIAL RESULTS FOR THE THREE MONTHS AND YEAR ENDED JUNE 30, 2026
Original announcement by prnewswire on
- Company
- New Pacific Metals Corp.
- Ticker
- NUAG
- Exchange
- Unavailable
- Region
- Bolivia
- Primary commodity
- Silver
- Secondary commodities
- Gold, Zinc, Lead
- Document categories
- Resource update, Other
- Extracted
- 2026-09-12 00:15:37 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
New Pacific Metals Corp. reported its financial results for the period ended June 30, 2026, highlighting the signing of 30-year Administrative Mining Contracts for the Carangas Project in Bolivia. The company also filed an updated Preliminary Economic Assessment (PEA) for Carangas, projecting a post-tax NPV of $2.65 billion and an IRR of 35.9%.
Reasoning: The release contains significant financial results and, more importantly, high-value technical updates including a new PEA for the Carangas project with strong economics and the signing of key mining contracts.
Positive factors
- Strong NPV and IRR for Carangas PEA
- Signing of Administrative Mining Contracts (AMCs) for Carangas
- Significant payable metal quantities reported in updated PEA
Negative factors
- Political and social instability in Bolivia noted as risk
- Requirement to obtain state-held concessions for pit design
Facts used in scoring: 4
Classification and evidence
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: The release highlights an updated Preliminary Economic Assessment for the Carangas Project.
Evidence · text
“filed an updated independent preliminary economic assessment technical report for its Carangas Project”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The PEA was prepared in accordance with NI 43-101 standards.
Evidence · text
“prepared by Ausenco Engineering Canada ULC. ("Ausenco") in accordance with National Instrument 43‐101”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Resource Estimates (4)
indicatedsilverView all detailsHide details
Identity
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- NUAG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:bd256e94b835e983f90f
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Cutoff Grade
- 30
- Cutoff Unit
- g/t AgEq
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: High volume of payable silver reported in the updated PEA.
Positive factors
- Large scale payable silver reported in PEA
Negative factors
- Based on Indicated and Inferred resources
Evidence · text
“producing approximately 195 million oz ("Moz") of payable Ag”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedgoldView all detailsHide details
Identity
- Commodity
- gold
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- NUAG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:bd256e94b835e983f90f
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Cutoff Grade
- 30
- Cutoff Unit
- g/t AgEq
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: Significant gold production reported in the updated PEA.
Positive factors
- Significant gold production reported in PEA
Evidence · text
“1.1 Moz of payable Au”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedzincGrade: 1453000000Grade Unit: MlbsView all detailsHide details
Identity
- Commodity
- zinc
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- NUAG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:bd256e94b835e983f90f
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Grade
- 1453000000
- Grade Unit
- Mlbs
- Cutoff Grade
- 30
- Cutoff Unit
- g/t AgEq
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: Zinc production reported in the updated PEA.
Positive factors
- Significant zinc production reported in PEA
Evidence · text
“1,453 million pounds ("Mlbs") of payable Zn”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
indicatedleadGrade: 941000000Grade Unit: MlbsView all detailsHide details
Identity
- Commodity
- lead
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- NUAG
Resource scope
- Estimate type
- resource
- Effective date
- 2023-08-25T00:00:00.000Z
- Reporting standards
- ni_43_101
- Resource group id
- resource:bd256e94b835e983f90f
- Mining method
- open_pit
Resource Data
- Category
- indicated
- Grade
- 941000000
- Grade Unit
- Mlbs
- Cutoff Grade
- 30
- Cutoff Unit
- g/t AgEq
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-09-11T00:00:00.000Z
Reasoning: Lead production reported in the updated PEA.
Positive factors
- Significant lead production reported in PEA
Evidence · text
“941 Mlbs of payable Pb”
Tags used in scoring
Indicated Resourcepositive
Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.
Why it applies: category is "indicated"
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: cutoff_grade is stated
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: reporting_standards includes ni_43_101
No Contained Metalnegative
Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.
Why it applies: contained_metal was not reported
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: the release compares against a previous estimate
PEA-Supportingneutral
Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.
Why it applies: the release names the study this estimate supports
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.