#Canada #Vancouver #Silver Sand #Bolivia Mining #New Pacific

New Pacific's Financial Results and Implications

On February 11, 2026, New Pacific Metals Corp. reported its financial results for the periods ending December 31, 2025. In a strategic move, the Bolivian government has begun transitioning to a market-oriented economic model, enhancing opportunities for foreign investment within the mining sector, which might affect the Company positively.

Key Financial Highlights

For the reporting periods, New Pacific recorded a net loss attributable to shareholders of $1.58 million for Q2 and $2.33 million for the six-month period, translating to $0.01 per share in both cases. This compares unfavorably to losses of $0.74 million and $2 million, respectively, for the same periods in the previous fiscal year. The losses stemmed from operational costs and other expenses amidst endeavors in a transforming economic landscape.

Financial Metrics

• - Working Capital (as of December 31, 2025): $41 million
• - Operating Expenses: $1.47 million (Q2) and $2.79 million (six-month periods)
• - Income from Investments: $0.31 million (Q2) and $0.42 million (six-month periods)
• - Foreign Exchange Effects: A loss of $0.42 million was recorded for Q2, yet a gain of $0.04 million for the six-month results.

Project Expenditures

New Pacific is actively investing in its project portfolio, primarily focusing on three key sites: Silver Sand, Carangas, and Silverstrike.

• - Total expenditures for Silver Sand reached $0.67 million in Q2 2025 and $1.18 million in the first half of 2025.
• - The Carangas project saw expenditures of $0.22 million for Q2 and $0.40 million for the first six months.
• - Silverstrike reported minimal expenditures of $0.03 million for both periods.

Bolivia's Economic Shift and Future Prospects

The recent governmental changes in Bolivia have initiated a wave of optimism in the mining industry. The new Bolivian administration aims to revamp mining regulations, promising to reduce the bureaucratic overhead and boost legal framework credibility, thereby appealing to foreign investors. New Pacific aims to leverage this conducive environment by engaging with various government levels to facilitate its projects.

Management Commentary

Investors will benefit from the strategic direction New Pacific is taking, focusing on project enhancement alongside advocacy for improved mining legislation in Bolivia. This strategic approach is expected to enable the company to tap into Bolivia's rich mineral resources effectively.

Conclusion

As the fiscal landscape evolves, New Pacific appears well-positioned to capitalize on the changes within the Bolivian mining sector. With promising projects like Silver Sand and a commitment to addressing operational efficiencies, the Company continues to navigate through challenging periods while setting the stage for future growth.

For more detailed financial data and strategic discussions, stakeholders are encouraged to review the management discussion and analysis and consolidated financial statements available on the company's website.