#Canada #Vancouver #New Pacific Metals #Silver Sand Project #Carangas Project

Overview

New Pacific Metals Corp. has recently published its financial results for the three months and year ending June 30, 2025. The company has been active in several key areas across its projects, with significant developments especially noted in the Carangas and Silver Sand projects.

Financial Highlights

For the fiscal year 2025, New Pacific reported a net loss of $3.76 million, which translates to approximately $0.02 per share. This loss represents an improvement compared to a net loss of $6.02 million in the previous year, showing some positive movement for the company. The operating expenses for the year were recorded at $5.98 million, down from $6.94 million in 2024. Notably, the working capital stood at $16.17 million as of June 30, 2025, setting a stable financial ground for the future.

Major Projects and Developments

Carangas Project

An essential highlight of New Pacific's activity includes the Carangas Project. The company filed a Preliminary Economic Assessment (PEA) technical report on November 15, 2024, which showcased a post-tax net present value (NPV) of $501 million and a notable internal rate of return (IRR) of 26% under a baseline price of $24.00 per ounce for silver. The projected life of the mine is estimated to be 16 years, producing approximately 106 million ounces of silver and significant quantities of zinc and lead.

Additionally, the PEA indicated average all-in sustaining costs of $7.60 per ounce of silver, netting out by-product revenues. With initial capital expenditures expected to be around $324 million, the payback is projected to be about 3.2 years, providing a solid financial investment outlook.

Silver Sand Project

The company has also made strides regarding its Silver Sand project, particularly regarding the management of artisanal miners in the region. On June 25, 2025, a judicial resolution was granted to the company, ensuring full protection against illegal mining activities. This development allows New Pacific to reestablish operations within the project area. By July 1, the company reported a withdrawal of the artisanal miners, allowing for surveys to assess the impact of previous mining activities on the mineral resources.

In a community assembly held on August 30, 2025, the Carangas community expressed their support for the project, further validating New Pacific's position within the region and its commitment to addressing local economic, environmental, and social factors.

Looking Ahead

As the company moves forward, the recent appointments of Mr. Jalen Yuan as interim CEO and Mr. Chester Xie as interim CFO signal a shift in leadership focused on navigating the upcoming challenges and opportunities.

In summary, while New Pacific faced financial losses in 2025, strategic project developments and community engagement have laid a foundation for potentially stronger outcomes in the future. Their ongoing commitment to responsible mining practices and economic assessments suggest a promising road ahead as they continue to enhance their project portfolio in Bolivia.

Conclusion

Given the current financial situation and project evaluations, New Pacific Metals Corp. is positioning itself to play a significant role in the Bolivian mining sector while striving to meet the challenges head-on. Investors and stakeholders should watch closely as the company continues to implement its strategies for growth and sustainability. This ongoing journey will be critical in determining their further success in the mining industry.