NEW PACIFIC REPORTS FINANCIAL RESULTS FOR THE THREE MONTHS AND YEAR ENDED JUNE 30, 2026
Original announcement by tmx on
- Company
- New Pacific Metals Corp.
- Ticker
- NUAG
- Exchange
- TSX
- Region
- Bolivia
- Primary commodity
- Silver
- Secondary commodities
- Gold, Zinc, Lead
- Document categories
- Economic study, Resource update
- Extracted
- 2026-09-16 14:22:15 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 Administrative Mining Contracts for the Carangas Project in Bolivia. The company also released an updated Preliminary Economic Assessment (PEA) for Carangas, projecting a post-tax NPV of $2.65 billion and an IRR of 35.9% based on a 19-year mine life.
Reasoning: The announcement of an updated PEA with high NPV and IRR for the Carangas project is highly material, though geological and political risks are explicitly noted.
Positive factors
- Strong NPV of $2.65 billion
- High IRR of 35.9%
- Significant silver equivalent production (339 Moz)
- Signed Administrative Mining Contracts (AMCs) for Carangas
Negative factors
- Inferred resources included in economics
- Political and social instability in Bolivia
- Requirement to obtain state-held concessions for pit design
Facts used in scoring: 2
Classification and evidence
PEA Onlyneutral
Only Class 4 / Initial Assessment economics available. Not bankable.
Why it applies: The economic results are based on a Preliminary Economic Assessment (PEA).
Evidence · text
“Updated Carangas PEA Technical Report”
Inferred Heavy Feednegative
Material Inferred share of LOM mill feed, or the share is undisclosed.
Why it applies: The PEA includes both Indicated and Inferred Mineral Resources.
Evidence · text
“includes numerous assumptions and is based on both Indicated and Inferred Mineral Resources.”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The technical report 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: 1. Some facts used in scoring do not have a stored record.
Resource Estimates (1)
Fact 1Carangas Project · silverHistorical resultNeeds review: historical_restatementView all detailsHide details
Identity
- Project
- Carangas Project
- Commodity
- silver
- Region
- bolivia
- Reported Region
- Bolivia
- Ticker
- NUAG
Resource scope
- Estimate type
- resource
- Effective date
- 2026-03-31T00:00:00.000Z
- Resource group id
- resource:d03abaddeef468d6a8c3
Prior Estimate
- Resource Date
- 2026-03-31
Review
- Needs Review
- Yes
- Review Reason
- historical_restatement
- Historical
- Yes
- Historical Source Date
- 2026-03-31T00:00:00.000Z
Dates
- Event date
- 2026-09-03T00:00:00.000Z
Reasoning: Historical restatement of MRE mentioned in the technical report context.
Evidence · text
“The mineral resource estimate contained in the Updated Carangas PEA Technical Report is based on the Carangas MRE with an effective date of August 25, 2023, with a re-statement on March 31, 2026.”
Tags used in scoring
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
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.