Group 1 - New Pacific Metals (NEWP.US) experienced a 7.59% increase in stock price, closing at $1.70, with a year-to-date gain of 44% [1] - Federal Reserve Chairman Jerome Powell's dovish stance at the Jackson Hole conference has raised expectations for a September interest rate cut from 75% to 90% [1] - UBS has raised its gold price target for June 2024 by $200 to $3,700 per ounce, anticipating continued upward momentum driven by U.S. factors [1] Group 2 - New Pacific Metals focuses on investment, exploration, and development of precious metal resources in South America and North America [1] - The company has significant mining projects in Bolivia, including the Carangas silver-gold mine, flagship Silver Sand silver mine, and Silverstrike silver-gold mine [1] - The upcoming presidential transition in Bolivia is expected to lead to more open and free market policies for mineral resources, which could positively impact the future performance of lithium and silver [1]

About New Pacific Metals New Pacific is a Canadian exploration and development company with three precious metal projects in Bolivia. The Company's flagship Silver Sand project has the potential to be developed into one of the world's largest silver mines. The Company is also advancing its robust, high-margin silver-lead-zinc Carangas project. Additionally a discovery drill program was completed at Silverstrike in 2022. On behalf of New Pacific Metals Corp. Dickson Hall Board Chair VANCOUVER, BC, March 31, ...

VANCOUVER, BC, Feb. 10, 2025 /PRNewswire/ - New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) ("New Pacific" or the "Company") is pleased to outline its 2025 plans for its operations in Bolivia. Andrew Williams, President and CEO, states: "Having successfully established the significant mining potential of our flagship projects, Silver Sand and Carangas, our focus for 2025 will be on strengthening stakeholder relationships to support their sustainable advancement. At both assets, our primary object ...

Financial Performance - Net loss for the three months ended December 31, 2024, was $764,659, compared to a net loss of $1,527,071 for the same period in 2023, indicating a 50% improvement year-over-year[3] - Total comprehensive loss for the six months ended December 31, 2024, was $4.52 million, compared to $2.75 million for the same period in 2023, indicating an increase in losses[4] - The company reported a net loss of $2,751,582 for the six months ended December 31, 2024, compared to a net loss of $3,273,685 for the same period in 2023, indicating a 16% improvement year-over-year[6] - For the three months ended December 31, 2024, the total operating expenses were $1.59 million, compared to $1.82 million for the same period in 2023, reflecting a decrease of approximately 12.7%[54] - For the six months ended December 31, 2024, the net loss was $2.02 million, compared to a net loss of $3.27 million for the same period in 2023, indicating a reduction of approximately 38.4%[55] Cash and Assets - Total assets decreased to $134.52 million as of December 31, 2024, from $137.67 million on June 30, 2024, representing a decline of approximately 2.8%[2] - Cash and cash equivalents decreased to $18.06 million at the end of December 2024, down from $21.95 million at the end of June 2024, reflecting a decrease of 17.5%[5] - The company’s cash and cash equivalents as of December 31, 2024, totaled $18,061,992, down from $21,950,211 as of June 30, 2024[41] - Total liabilities decreased from $1.21 million on June 30, 2024, to $1.04 million on December 31, 2024[53] Operating Expenses - Operating expenses for the six months ended December 31, 2024, totaled $3.20 million, a decrease of 13% compared to $3.69 million for the same period in 2023[3] - The company incurred share-based compensation expenses of $395.67 thousand for the three months ended December 31, 2024[54] - Total operating expenses for the six months ended December 31, 2024, were $3.20 million, down from $3.69 million in the same period of 2023[55] Foreign Exchange and Investments - The company reported a foreign exchange gain of $635,941 for the three months ended December 31, 2024, compared to a gain of $16,666 in the same period of 2023, showing significant improvement[3] - The company reported income from investments of $190.04 thousand for the three months ended December 31, 2024, compared to $275.02 thousand in the same period of 2023[54] Shareholder Information - The weighted average number of common shares for the six months ended December 31, 2024, was 171,471,452, compared to 164,334,249 for the same period in 2023, indicating an increase of approximately 4.5%[3] - The company reported a loss per share of $0.01 for the six months ended December 31, 2024, consistent with the loss per share for the same period in 2023[3] - As of December 31, 2024, the company has 171,640,213 common shares issued, with a share capital amounting to $182,757,685[6] Capital Expenditures - The company had capital expenditures of $1.45 million for the six months ended December 31, 2024, compared to $2.98 million in the same period of 2023, reflecting a decrease of 51%[5] - For the three and six months ended December 31, 2024, total capitalized expenditures for the Silver Sand Project were $418,680 and $935,787, respectively, compared to $413,362 and $1,379,261 for the same periods in 2023[18] - The Carangas Project incurred capitalized expenditures of $387,175 and $750,396 for the three and six months ended December 31, 2024, compared to $321,877 and $936,734 in 2023[21] - The Silverstrike Project had capitalized expenditures of $5,736 and $31,879 for the three and six months ended December 31, 2024, down from $10,125 and $77,441 in 2023[22] Related Party Transactions - Related party transactions for the three and six months ended December 31, 2024, amounted to $278,094 and $495,753, respectively, compared to $193,296 and $409,487 in 2023[25] - The company expects to continue making payments to Silvercorp Metals Inc. in the normal course of business, with related party balances of $37,825 as of December 31, 2024[25] Mineral Properties - The company has not yet determined if its mineral properties contain economically recoverable mineral reserves, which impacts the underlying value of its mineral property interests[7] - The balance of mineral property acquisition costs as of December 31, 2024, is $114,654,730, an increase from $113,765,931 on June 30, 2024[23] Other Financial Metrics - Interest income for the six months ended December 31, 2024, was $461,917, up from $300,721 in the same period of 2023, representing a 54% increase[15] - The fair value change on equity investments for the three months ended December 31, 2024, was a loss of $7,972, compared to a loss of $11,626 in the same period of 2023, showing a 31% reduction in losses[15] - The company’s accumulated deficit increased to $76,645,514 as of December 31, 2024, from $74,645,012 on June 30, 2024[6] - The accumulated depreciation for property, plant, and equipment as of December 31, 2024, is $(880,869), up from $(789,608) on June 30, 2024[16] Company Overview - The company is publicly listed on the Toronto Stock Exchange under the symbol "NUAG" and on the NYSE American under the symbol "NEWP"[8] - The company operates in four reportable segments, including a corporate segment and three exploration and development segments based on mineral properties in Bolivia[52]

VANCOUVER, BC, Oct. 1, 2024 /PRNewswire/ - New Pacific Metals Corp. (TSX: NUAG) (NYSEA: NEWP) ("New Pacific" or the "Company") is pleased to report the results of its Preliminary Economic Assessment ("PEA") for the Carangas project (the "Project") in Oruro Department, Bolivia. The PEA is based on the Mineral Resource Estimate (the "MRE") for the Project, which was reported on September 5, 2023, and prepared in accordance with National Instrument 43‐101- Standards of Disclosure for Mineral Projects ("NI 43‐1 ...

Core Viewpoint - New Pacific Metals Corp. has filed an independent Pre-Feasibility Study (PFS) technical report for its Silver Sand project in Potosi, Bolivia, effective June 19, 2024, indicating significant potential for development into one of the world's largest silver mines [1][5]. Company Overview - New Pacific Metals is a Canadian exploration and development company with three precious metal projects in Bolivia, including the flagship Silver Sand project, which is poised for significant development [5]. - The company is also advancing its Carangas project towards a Preliminary Economic Assessment and completed a discovery drill program for the Silverstrike project in 2022 [5]. Technical Report Details - The PFS Technical Report was prepared in accordance with the Canadian Securities Administrators' National Instrument 43-101, ensuring compliance with industry standards for mineral project disclosures [2]. - Qualified persons involved in the PFS include experienced mining engineers and geologists from AMC Mining Consultants and BBA Engineering Ltd., who have reviewed and approved the technical content of the report [3][4]. Availability of Information - The PFS Technical Report is accessible under the company's profile on SEDAR+, EDGAR, and the company's official website, providing transparency and detailed information for stakeholders [4].

Core Viewpoint - New Pacific Metals Corp. (NEWP) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook driven by an upward trend in earnings estimates [1][8]. Earnings Estimate Revisions - Analysts have raised their earnings estimates for New Pacific Metals, with the Zacks Consensus Estimate increasing by 14.3% over the past three months [5]. - The company is expected to earn -$0.03 per share for the fiscal year ending June 2024, reflecting a 40% change from the previous year's reported number [11]. Zacks Rating System - The Zacks Rank system classifies stocks based on earnings estimates, with Zacks Rank 1 (Strong Buy) stocks averaging a +25% annual return since 1988 [4]. - The Zacks rating system maintains a balanced distribution of 'buy' and 'sell' ratings, with only the top 20% of stocks receiving a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [6][14]. Market Implications - The upgrade to Zacks Rank 2 suggests that New Pacific Metals is positioned for potential stock price increases due to positive earnings outlook and buying pressure [8][14]. - Empirical research supports a strong correlation between earnings estimate revisions and near-term stock movements, highlighting the importance of tracking these revisions for investment decisions [10].

Item Unit Value Total Ore Mined Kt 52,014 Open Pit Strip Ratio1 t:t 3.3:1 Annual Processing Rate Ktpa 4,000 Average Silver Grade2 g/t 105 Silver Recovery2 % 90 % Silver Price $/oz 24.00 Payable Silver Metal Moz 157 Gross Revenue $M 3,770 Total All-In Sustaining Cost3 $/oz 10.69 Initial Capital Costs $M 358 13-year mine life, excluding the 2-year pre-production period, producing approximately 157 million oz ("Moz") of silver, Annual silver production exceeds 15 Moz in years one through three, with life of mi ...

VANCOUVER, BC, April 29, 2024 /PRNewswire/ - New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) ("New Pacific" or the "Company") is pleased to announce the positive results of its metallurgical test program for its Silver Sand project ("Silver Sand") located in Potosi Department, Bolivia. The test program was conducted to meet the standards required for the Company's upcoming Preliminary Feasibility Study (the "PFS"). Highlights from the test program include: Cyanide leach of the first composite sa ...

Financial Performance - The net loss for the three months ended December 31, 2023, was $1,527,071, a decrease from a loss of $1,873,003 in the same period of 2022, reflecting an improvement of about 18.4%[3] - For the six months ended December 31, 2023, the net loss was $3,273,685, compared to $3,958,666 for the same period in 2022, indicating a reduction of approximately 17.3%[4] - The company reported a total comprehensive loss of $668,820 for the three months ended December 31, 2023, compared to a loss of $1,450,836 in the same period of 2022, showing an improvement of approximately 54%[4] - Total operating expenses for the six months ended December 31, 2023, were $(3,687,392), a decrease from $(3,986,590) for the same period in 2022, showing a reduction of about 7.5%[61] - The total operating expense for the three months ended December 31, 2023, was $(1,818,757), which is lower than $(1,927,708) for the same period in 2022, reflecting a decrease of about 5.7%[60] Assets and Liabilities - Total assets increased to $140,159,187 as of December 31, 2023, compared to $118,307,541 on June 30, 2023, representing a growth of approximately 18.5%[2] - Total liabilities decreased to $(1,156,871) as of December 31, 2023, compared to $(2,336,655) as of June 30, 2023, indicating a reduction of about 50.5%[59] - Cash and cash equivalents rose significantly to $25,837,156 from $6,296,312, marking an increase of approximately 311.5%[2] - The cash on hand and at bank increased to $18,201,303 as of December 31, 2023, compared to $6,296,312 as of June 30, 2023, representing a growth of approximately 189.5%[62] Share Capital and Equity - Share capital increased to $181,229,877 as of December 31, 2023, up from $155,840,052, representing a growth of about 16.3%[2] - As of December 31, 2023, total equity attributable to equity holders of the Company is $139,153,862, with a net loss of $3,270,124 for the six months ended[6] - The total number of common shares issued increased to 171,043,382 as of December 31, 2023, up from 157,491,172 as of June 30, 2023[6] - The Company’s accumulated deficit as of December 31, 2023, stands at $(71,893,430), reflecting ongoing operational losses[6] Investments and Income - The company reported net income from investments of $275,020 for the three months ended December 31, 2023, compared to $83,455 in the same period of 2022, reflecting an increase of approximately 229.5%[3] - Net income from investments for the six months ended December 31, 2023, was $295,294, compared to $41,781 for the same period in 2022, indicating a significant increase of approximately 608.5%[61] - The company reported a foreign exchange gain of $16,666 for the three months ended December 31, 2023, compared to a foreign exchange loss of $(28,750) for the same period in 2022, indicating a turnaround[60] Expenditures and Capitalization - The company incurred capital expenditures of $736,260 for the three months ended December 31, 2023, down from $5,413,239 in the same period of 2022, indicating a decrease of approximately 86.4%[5] - Total capitalized exploration expenditures for the three and six months ended December 31, 2023, were $413,362 and $1,379,261, respectively, compared to $1,700,593 and $4,197,529 for the same periods in 2022, indicating a decrease of approximately 76.7% and 67.2%[24] - The total expenditures for the Carangas Project for the three and six months ended December 31, 2023, were $321,877 and $936,734, respectively, down from $2,871,725 and $5,848,633 in 2022, reflecting a reduction of 88.8% and 84.0%[26] - The total capitalized expenditures for the Silverstrike Project for the three and six months ended December 31, 2023, were $10,125 and $77,441, respectively, compared to $702,839 and $1,145,490 in 2022, indicating a decrease of 98.6% and 93.2%[28] Management and Compensation - Key management's cash compensation for the six months ended December 31, 2023, was $585,871, an increase of 67.2% compared to $350,268 for the same period in 2022[30] - Share-based compensation expense for the three and six months ended December 31, 2023, totaled $412,077 and $1,075,099, respectively, compared to $739,971 and $1,570,829 for the same periods in 2022, indicating a decrease of 44.2% and 31.5%[33] Foreign Exchange and Risk - The company has exposure to foreign exchange risk, with financial assets denominated in foreign currencies totaling $1,385,136 as of December 31, 2023[50] - A 1% strengthening of the USD against the CAD would have increased net income by approximately $2,700 as of December 31, 2023[50] - The company’s equity price risk indicates that a 10% increase in the market price of its securities would result in an increase to net income of approximately $28,000[55] Other Information - The Company has not yet determined if its mineral properties contain economically recoverable mineral reserves, which impacts the underlying value of its mineral property interests[7] - The Company is engaged in exploring and developing mineral properties in Bolivia, with a focus on advancing its projects despite the lack of confirmed recoverable reserves[7] - The Company’s financial statements have been prepared in accordance with International Accounting Standard 34, ensuring compliance with reporting standards[9] - The balance of mineral property interests increased to $106,036,909 as of December 31, 2023, up from $103,606,250 on June 30, 2023, reflecting a growth of 2.8%[22] - The carrying amount of plant and equipment as of December 31, 2023, was $2,039,115, a decrease from $2,055,439 on June 30, 2023, representing a decline of 0.8%[5] - The balance of accumulated depreciation as of December 31, 2023, was $(686,754), an increase from $(715,600) on June 30, 2023, indicating a decrease in depreciation expense[5] - The total number of stock options as of December 31, 2023, was 3,366,167, down from 3,957,167 on June 30, 2023, reflecting a reduction of 14.9%[36] - The total number of stock options outstanding as of December 31, 2023, was 3,366,167, with an average exercise price of CAD$3.07[37] - The balance of Restricted Stock Units (RSUs) as of December 31, 2023, was 1,434,326, with a weighted average grant date closing price of CAD$3.77[38] - The company reported a related party transaction with Silvercorp Metals Inc., with amounts due increasing from $56,102 on June 30, 2023, to $125,234 as of December 31, 2023[29] - The company closed a bought deal financing on September 29, 2023, issuing 13,208,000 common shares at a price of $1.96 (CAD $2.65) per share, resulting in gross proceeds of $25,888,462[40] - The company granted a total of 1,024,000 RSUs at a grant date closing price of CAD$2.10 per share, subject to a three-year vesting schedule[39] - The company reported a non-controlling interest in its subsidiary Qinghai Found of $151,546 as of December 31, 2023, reflecting a share of net loss and other comprehensive loss[41]