New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) announced its financial results for the third quarter of fiscal 2026, reporting a net loss attributable to equity holders of $0.87 million for the three months ended March 31, 2026, compared to $0.86 million in the same period last year. The company maintained a strong working capital position of $39.28 million as of quarter-end, providing liquidity for ongoing exploration and development activities.
During the quarter, New Pacific signed a framework agreement with the Carangas community in February, supporting long-term cooperation on the Carangas Silver-Gold project. This agreement is a critical step toward advancing the project through the permitting process and underscores the company's commitment to building strong relationships with local stakeholders. Total mineral property balances reached $119.48 million, reflecting continued investment across the company's project portfolio.
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, while the Carangas Silver-Gold Project in Oruro strengthens the company's portfolio through scale, robust economics, and regional exploration potential. With over a decade of operating experience in Bolivia, New Pacific has earned the confidence of its stakeholders and shareholders.
The company's shares trade on the Toronto Stock Exchange under the symbol "NUAG" and on the New York Stock Exchange under the symbol "NEWP". For the latest news and updates, visit the company's newsroom at http://ibn.fm/NEWP.
This announcement highlights New Pacific's disciplined financial management and strategic progress on its key projects, positioning the company for future growth in the precious metals sector. The Carangas agreement, in particular, represents a milestone in community engagement and project advancement, which could unlock significant value for shareholders.
