# NEW PACIFIC REPORTS FINANCIAL RESULTS FOR THE THREE MONTHS AND YEAR ENDED JUNE 30, 2026

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0

Original source: https://orestocks.com/company/NUAG.TO/press-releases/5531358815375039

Publisher: orestocks

Original announcement: 2026-09-03T21:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: New Pacific Metals Corp.

- Ticker: NUAG.TO

- Exchange: Unavailable

- Region: Bolivia

- Primary commodity: Silver

- Secondary commodities: Gold, Zinc, Lead, Copper

- Document categories: Resource update, Agreement transaction, Capital raise

- Extracted: 2026-09-03 21:49:48 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

New Pacific Metals Corp. reported its financial results for the year ended June 30, 2026, highlighting significant progress on its Carangas Silver-Gold Project in Bolivia. Key achievements include an updated Preliminary Economic Assessment \(PEA\) showing a post-tax NPV of $2.65 billion and an IRR of 35.9%, the signing of Administrative Mining Contracts for a 30-year term, and a successful CAD $40.4 million bought deal financing. The company also established a Framework Agreement with the local Carangas community, further de-risking the project, though the PEA notes some permitting and resource classification risks.

Reasoning: New Pacific Metals Corp. reported strong updated Preliminary Economic Assessment \(PEA\) results for its Carangas Silver-Gold Project, signed key administrative mining contracts, and completed a capital raise, all of which significantly de-risk and advance the project. However, the PEA's preliminary nature and reliance on un-owned concessions introduce some risk.

- Positive factor: Strong PEA economics \(NPV, IRR, LOM, payable metals\)

- Positive factor: Securing Administrative Mining Contracts \(AMCs\) for 30 years

- Positive factor: Framework Agreement with local community

- Positive factor: Successful capital raise completed

- Positive factor: NI 43-101 compliant PEA with QP/CP sign-off

- Negative factor: PEA is preliminary and includes Inferred Mineral Resources

- Negative factor: Pit design requires mining on concessions not yet owned by the company

- Negative factor: Potential socio-political instability in Bolivia

- Negative factor: Metal equivalent assumptions for PEA production not explicitly disclosed

Facts used in scoring: 29

## Classification and evidence

**Capital Raise Completed**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The company successfully closed a bought deal financing, raising CAD $40.4 million.

Evidence · text

> On October 21, 2025, the Company closed a bought deal financing.

**Permitting Milestone**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The company signed Administrative Mining Contracts \(AMCs\) for its Carangas Project, which is a key step in securing mining rights.

Evidence · text

> On August 21, 2026, the Company signed the Administrative Mining Contracts \("AMCs"\) for its Carangas Silver-Gold Project

**Community Agreement**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The company signed a Framework Agreement for Cooperation and Coordination with the Carangas community.

Evidence · text

> On February 23, 2026, the Company signed a Framework Agreement for Cooperation and Coordination \(the "Agreement"\) with the Carangas community \("TIOC Carangas"\)

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: The document reports an 'Updated independent preliminary economic assessment technical report' for the Carangas Project.

Evidence · text

> On August 14, 2026, the Company filed an updated independent preliminary economic assessment technical report for its Carangas Project

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The Updated Carangas PEA Technical Report was prepared 'in accordance with National Instrument 43‐101'.

Evidence · text

> independently prepared by Ausenco Engineering Canada ULC. \("Ausenco"\) in accordance with National Instrument 43‐101 ‐ Standards of Disclosure for Mineral Projects \("NI 43‐101"\).

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: The document lists multiple qualified persons \(FAusIMM, P.Eng., P.Geo., PE, SME\) who reviewed and verified the disclosure of the Updated Carangas PEA Technical Report.

Evidence · text

> The qualified persons for the Updated Carangas PEA Technical Report are Mr. Anderson Candido, FAusIMM, Principal Geologist with SLR Mr. Jinxing Ji, P.Eng., Metallurgist with JJ Metallurgical Services, Mr. Kevin Murray, P.Eng., Principle Process Engineer with Ausenco, Mr. Scott Elfen, PE, SME, and Global Technical Lead \(Geotechnical\) with Ausenco, Mr. James Millard, P. Geo., Director, Strategic Projects with Ausenco, and Mr. Marc Schulte, P.Eng., Mining Engineer with Moose Mountain Technical Services.

**Metal Equivalent Opaque**

Polarity: negative

Story-specific tag

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: The PEA reports 339.0 Moz silver equivalent without disclosing the underlying price, recovery, or payability assumptions for this specific equivalent production figure.

Evidence · text

> 339.0 Moz silver equivalent \("AgEq"\)

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The cut-off grade of 30 g/t AgEq used for the mineral resource estimate is explicitly stated.

Evidence · text

> Cut-off grade of 30 g/t AgEq.

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The PEA is based on both Indicated and Inferred Mineral Resources, with Inferred resources considered too speculative for economic studies.

Evidence · text

> The Updated Carangas PEA Technical Report mine schedule and economic assessment includes numerous assumptions and is based on both Indicated and Inferred Mineral Resources.

**Permitting Risk**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The pit design requires mining on concessions that do not belong to the company and are not currently available for tenure, introducing uncertainty.

Evidence · text

> The pit design for the deeper gold zone requires mining of waste \(waste stripping\) on Mining Concessions in the southern portion of the planned open pit that do not belong to the Company. These Concessions are held by the state of Bolivia and are not currently available for tenure.

**Socio-Political Risk**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The document explicitly mentions recent significant social unrest in Bolivia, which could adversely affect project assumptions.

Evidence · text

> Bolivia has recently experienced significant social unrest, including protests and blockades that led to a government-declared state of emergency.

## Extracted facts

Stored fact records: 29. Some facts used in scoring do not have a stored record.

## Resource Estimates (29)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-0)

#### Identity

- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The company successfully completed a significant bought deal financing, raising CAD $40.4 million, which provides capital for ongoing project development.

- Positive factor: Successful completion of a significant capital raise

- Positive factor: Provides funding for project development

Evidence · text

> On October 21, 2025, the Company closed a bought deal financing. A total of 11,385,000 common shares of the Company were sold under the bought deal financing at a price of CAD $3.55 \(approximately $2.53\) per common share for total gross proceeds of approximately CAD $40.4 million \(approximately $28.8 million\).

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-1)

Carangas Project

#### Identity

- Project: Carangas Project
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The signing of 30-year Administrative Mining Contracts for the Carangas Project is a critical permitting milestone, significantly de-risking the project's future development.

- Positive factor: Secures long-term mining rights for the project

- Positive factor: Significant de-risking milestone for project development

Evidence · text

> On August 21, 2026, the Company signed the Administrative Mining Contracts \("AMCs"\) for its Carangas Silver-Gold Project \(the "Carangas Project"\) with the Autoridad Jurisdiccional Administrativa Minera \(Administrative Mining Jurisdictional Authority, or "AJAM"\). The AMCs, which cover the approximately 39 km2 of the Carangas Project, have a 30-year fixed term.

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-2)

Carangas Project

#### Identity

- Project: Carangas Project
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The Framework Agreement with the Carangas community is a positive step towards securing social license and ensuring long-term cooperation for the project.

- Positive factor: Establishes a framework for cooperation with the local community

- Positive factor: Mitigates social license to operate risks

Evidence · text

> On February 23, 2026, the Company signed a Framework Agreement for Cooperation and Coordination \(the "Agreement"\) with the Carangas community \("TIOC Carangas"\) in respect to the Carangas Project.

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-3)

Carangas Project

#### Identity

- Project: Carangas Project
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The updated PEA reports a substantial post-tax NPV of $2.65 billion, demonstrating strong economic potential for the Carangas Project.

- Positive factor: Very strong post-tax NPV indicating robust project economics

- Positive factor: Significant value creation potential

Evidence · text

> Post-tax net present value \("NPV"\) \(5%\) of $2.65 billion

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-4)

Carangas Project

#### Identity

- Project: Carangas Project
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: A post-tax IRR of 35.9% highlights the project's strong profitability and attractiveness for investment.

- Positive factor: High internal rate of return indicating attractive project profitability

- Positive factor: Suggests efficient capital deployment

Evidence · text

> internal rate of return \("IRR"\) of 35.9%

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-5)

Carangas Project

#### Identity

- Project: Carangas Project
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: A 19-year life of mine suggests a substantial and long-lasting operation, contributing to project stability and value.

- Positive factor: Long life of mine provides sustained production and cash flow

- Positive factor: Indicates a significant resource base

Evidence · text

> 19-year life of mine \("LOM"\), excluding two-years of pre-production

### Fact 7

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-6)

Carangas Project · silver

#### Identity

- Project: Carangas Project
- Commodity: silver
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The PEA projects substantial payable silver production of 195 Moz, underscoring silver as a primary value driver for the project.

- Positive factor: Large projected payable silver production over LOM

- Positive factor: Significant contribution to project revenue

Evidence · text

> producing approximately 195 million oz \("Moz"\) of payable Ag

### Fact 8

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-7)

Carangas Project · gold

#### Identity

- Project: Carangas Project
- Commodity: gold
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The inclusion of 1.1 Moz of payable gold production enhances the project's overall economics and commodity diversification.

- Positive factor: Significant payable gold production adds to project value

- Positive factor: Diversifies revenue streams alongside silver

Evidence · text

> 1.1 Moz of payable Au

### Fact 9

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-8)

Carangas Project · zinc

#### Identity

- Project: Carangas Project
- Commodity: zinc
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The PEA outlines significant payable zinc production of 1,453 Mlbs, contributing to the project's polymetallic value.

- Positive factor: Substantial payable zinc production contributes to project revenue

- Positive factor: Adds to the polymetallic nature of the deposit

Evidence · text

> 1,453 million pounds \("Mlbs"\) of payable Zn

### Fact 10

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-9)

Carangas Project · lead

#### Identity

- Project: Carangas Project
- Commodity: lead
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: Projected payable lead production of 941 Mlbs adds further value and diversity to the Carangas Project's output.

- Positive factor: Significant payable lead production further enhances project economics

- Positive factor: Reinforces the polymetallic nature of the deposit

Evidence · text

> 941 Mlbs of payable Pb

### Fact 11

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-10)

Carangas Project · silver

#### Identity

- Project: Carangas Project
- Commodity: silver
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The total payable metal expressed as 339.0 Moz AgEq highlights the project's significant scale, but the lack of disclosed assumptions for this specific equivalent grade reduces transparency.

- Positive factor: High silver equivalent production indicates overall project scale

- Negative factor: Assumptions for metal equivalent calculation are not disclosed in this section

Evidence · text

> 339.0 Moz silver equivalent \("AgEq"\)

### Fact 12

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-11)

Carangas Project

#### Identity

- Project: Carangas Project
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The initial capital costs of $644.5 million are a key economic parameter for the project, providing a baseline for development expenditure.

- Positive factor: Initial capital costs are within expected range for a project of this scale

Evidence · text

> Initial capital costs of $644.5 million

### Fact 13

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-12)

Carangas Project

#### Identity

- Project: Carangas Project
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: A short post-tax payback period of 2.4 years demonstrates the project's ability to quickly generate returns and recover initial investment.

- Positive factor: Very rapid post-tax payback period indicates strong cash flow generation

- Positive factor: Reduces investment risk

Evidence · text

> post-tax payback of 2.4 years

### Fact 14

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-13)

Carangas Project · silver

#### Identity

- Project: Carangas Project
- Commodity: silver
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The base case metal price for silver is a key assumption in the PEA's economic model.

Evidence · text

> $45.00/ounce \("oz"\) silver \("Ag"\)

### Fact 15

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-14)

Carangas Project · gold

#### Identity

- Project: Carangas Project
- Commodity: gold
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The base case metal price for gold is a key assumption in the PEA's economic model.

Evidence · text

> $3,400/oz gold \("Au"\)

### Fact 16

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-15)

Carangas Project · zinc

#### Identity

- Project: Carangas Project
- Commodity: zinc
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The base case metal price for zinc is a key assumption in the PEA's economic model.

Evidence · text

> $1.20/pound \("lb"\) zinc \("Zn"\)

### Fact 17

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-16)

Carangas Project · lead

#### Identity

- Project: Carangas Project
- Commodity: lead
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The base case metal price for lead is a key assumption in the PEA's economic model.

Evidence · text

> $0.90/lb lead \("Pb"\)

### Fact 18

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-17)

Carangas Project · silver

#### Identity

- Project: Carangas Project
- Commodity: silver
- Ticker: NUAG.TO

#### Resource Data

- Cutoff Grade: 30

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The cut-off grade of 30 g/t AgEq for the mineral resource estimate is disclosed, providing transparency for resource reporting.

- Positive factor: Cut-off grade is clearly stated for the MRE

Evidence · text

> Cut-off grade of 30 g/t AgEq

### Fact 19

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-18)

Carangas Project

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Carangas Project
- Ticker: NUAG.TO

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2023-08-25T00:00:00.000Z

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The PEA is based on a mineral resource estimate with an effective date of August 25, 2023, which is historical data, though it was re-stated in March 2026.

- Negative factor: The MRE effective date is from 2023, indicating it is not new data

Evidence · text

> effective date of August 25, 2023, with a re-statement on March 31, 2026

### Fact 20

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-19)

Carangas Project · silver

#### Identity

- Project: Carangas Project
- Commodity: silver
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The metal price assumption for silver used in the MRE calculation is disclosed.

Evidence · text

> $41.00/oz Ag

### Fact 21

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-20)

Carangas Project · gold

#### Identity

- Project: Carangas Project
- Commodity: gold
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The metal price assumption for gold used in the MRE calculation is disclosed.

Evidence · text

> $3,300.00/oz Au

### Fact 22

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-21)

Carangas Project · lead

#### Identity

- Project: Carangas Project
- Commodity: lead
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The metal price assumption for lead used in the MRE calculation is disclosed.

Evidence · text

> $1.00/lb Pb

### Fact 23

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-22)

Carangas Project · zinc

#### Identity

- Project: Carangas Project
- Commodity: zinc
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The metal price assumption for zinc used in the MRE calculation is disclosed.

Evidence · text

> $1.30/lb Zn

### Fact 24

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-23)

Carangas Project · copper

#### Identity

- Project: Carangas Project
- Commodity: copper
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The metal price assumption for copper used in the MRE calculation is disclosed.

Evidence · text

> $4.00/lb Cu

### Fact 25

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-24)

Carangas Project · silver

#### Identity

- Project: Carangas Project
- Commodity: silver
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The silver recovery assumption of 81.6% is used in the MRE calculation, but the basis for this recovery is not specified.

- Negative factor: Recovery basis \(e.g., to concentrate, to payable metal\) is not specified

Evidence · text

> recovery of 81.6% Ag

### Fact 26

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-25)

Carangas Project · gold

#### Identity

- Project: Carangas Project
- Commodity: gold
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The gold recovery assumption of 93.4% is used in the MRE calculation, but the basis for this recovery is not specified.

- Negative factor: Recovery basis \(e.g., to concentrate, to payable metal\) is not specified

Evidence · text

> 93.4% Au

### Fact 27

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-26)

Carangas Project · lead

#### Identity

- Project: Carangas Project
- Commodity: lead
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The lead recovery assumption of 73.4% is used in the MRE calculation, but the basis for this recovery is not specified.

- Negative factor: Recovery basis \(e.g., to concentrate, to payable metal\) is not specified

Evidence · text

> 73.4% Pb

### Fact 28

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-27)

Carangas Project · zinc

#### Identity

- Project: Carangas Project
- Commodity: zinc
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The zinc recovery assumption of 66.9% is used in the MRE calculation, but the basis for this recovery is not specified.

- Negative factor: Recovery basis \(e.g., to concentrate, to payable metal\) is not specified

Evidence · text

> 66.9% Zn

### Fact 29

[Link to this fact](https://atlas-staging.minestarters.com/news/new-pacific-reports-financial-results-for-the-three-months-and-year-ended-june-3--5904a271-1f2c-492d-80e1-ada8db283fc0#fact-resource-facts-28)

Carangas Project · copper

#### Identity

- Project: Carangas Project
- Commodity: copper
- Ticker: NUAG.TO

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-09-03T00:00:00.000Z

Reasoning: The copper recovery assumption of 38.7% is used in the MRE calculation, but the basis for this recovery is not specified.

- Negative factor: Recovery basis \(e.g., to concentrate, to payable metal\) is not specified

Evidence · text

> 38.7% Cu

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
