New Pacific Metals Reports Fiscal 2026 Third-Quarter Results, Maintains Strong Working Capital

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. Despite the nominal increase in net loss, the company maintained a strong working capital position of $39.28 million as of quarter-end, underscoring its financial stability amid ongoing exploration and development activities.

The company highlighted a framework agreement signed with the Carangas community in February, which supports long-term cooperation on the Carangas Silver-Gold project. This agreement is a critical step toward advancing the project, which is one of two key assets in New Pacific's portfolio in Bolivia. Total mineral property balances reached $119.48 million, reflecting continued investment across its 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. 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 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 at http://ibn.fm/NEWP.

This announcement is significant as it demonstrates New Pacific's ability to maintain a strong balance sheet while advancing its projects, particularly the Carangas project, which has the potential to enhance the company's production profile. The framework agreement with the Carangas community also highlights the company's commitment to sustainable development and community relations, which are crucial for project permitting and long-term success in Bolivia.

Investors should note that the company's working capital position provides a buffer against market volatility and allows for continued investment in exploration and development. The mineral property balance increase indicates that New Pacific is actively investing in its assets, which could lead to future resource growth and value creation.

For more information about New Pacific Metals and its projects, refer to the full press release at https://ibn.fm/DtRoy.