New Pacific Metals Q3 2026 Financial Results and Carangas Project Agreement
New Pacific Metals Corp. reported its financial results for Q3 and nine months ended March 31, 2026. The company posted a net loss of $0.87 million for Q3 ($0.0 per share) and $3.20 million for nine months ($0.02 per share), compared to $0.86 million and $2.86 million respectively in the prior year. Working capital stood at $39.28 million as of March 31, 2026. A key development was the February 23, 2026 Framework Agreement with the Carangas community for the Carangas Silver-Gold project, establishing cooperation principles for project development. Project expenditures totaled $119.48 million across three projects: Silver Sand ($92.21 million), Carangas ($22.22 million), and Silverstrike ($5.04 million). The company remains focused on advancing its two precious metals projects in Bolivia.