17 Aug 2026resource reserve update● Neutral
Filed the updated Carangas technical report prepared by Ausenco, following the July 2026 announcement of its results.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
16 July 2026resource reserve update▲ GoodMajor
A rebuilt Carangas study, this time including the gold zone and a higher throughput rate, put the project's after-tax value at US$2.65 billion with a 35.9% return at US$45 silver and US$3,400 gold - against US$501 million and 26% in the 2024 version at US$24 silver. Nineteen-year life, 339.0 million ounces of silver equivalent produced. Most of the jump comes from adding the gold and from far higher metal prices, and it remains a preliminary assessment with no reserves.
24 Feb 2026regulatory community update▲ GoodMajor
Signed a framework agreement for cooperation and coordination with the Carangas community (TIOC Carangas), setting out both sides' commitments for developing the project. It is the outcome of the prior-consultation process the community voted to continue in August 2025, and the company calls it a critical step towards production.
4 Dec 2025regulatory community update▲ GoodMajor
Progress report on permitting: at Carangas the company applied to convert its exploration licences into administrative mining contracts, the mining authority cleared it to begin prior consultation, and in August 2025 the Carangas community voted in favour of the process continuing and of further permitting and development work. Bolivia's newly elected government has said it wants to encourage foreign investment in mining.
24 Oct 2025director officer appointment● Neutral
Made Jalen Yuan permanent chief executive and a director, and Chester Xie permanent chief financial officer, six months after both took the roles on an interim basis.
21 Oct 2025capital raising announcement● NeutralMajor
Closed a C$40.4 million bought deal: 11,385,000 shares at C$3.55 including the full over-allotment, adding about 11 million shares to a base of roughly 171 million. The first equity raise in the cached record, and it funds permitting rather than drilling.
What it means for a shareholder
11.4m new shares at C$3.55 to raise about C$40.4m. That's 6.2% dilution: every existing holder's slice gets 6.2% smaller. If you held C$1,000 of shares (282 at the issue price), your slice goes from 0.000164% to 0.000154% of the company. To keep it you'd need 19 more shares - about C$67 at the issue price.
Create a free account to see this worked out for your own holding.
8 Oct 2025securities registration● Neutral
Replaced the base shelf prospectus that expired on 16 September 2025 with a new one - the second such renewal, and it comes two weeks before the company uses it.
18 Apr 2025director officer appointment● Neutral
Material change report formalising the 15 April 2025 chief executive handover from Andrew Williams to interim CEO Jalen Yuan.
3 Apr 2025director officer appointment▼ BadMajor
Andrew Williams stepped down as chief executive and director effective 15 April 2025, with CFO Jalen Yuan taking over on an interim basis and controller Chester Xie as interim CFO. The third chief executive in the cached record after Mark Cruise and founder Rui Feng, and the change comes as the company pivots from drilling to permitting.
10 Feb 2025regulatory community update● Neutral
2025 plans put permitting and community agreements ahead of drilling at both Silver Sand and Carangas. After eight years of adding ounces, the binding constraint the company names is social and legal access, not geology.
15 Nov 2024resource reserve update● Neutral
Filed the Carangas economic assessment technical report, effective 5 September 2024, prepared by RPMGlobal.
2 Oct 2024resource reserve update▲ GoodMajor
First economic study of Carangas, three years after the discovery: a 16-year open pit on a near-surface, silver-rich subset of the deposit producing about 106 million payable ounces of silver, 620 million pounds of zinc and 382 million pounds of lead, for US$324 million of initial capital, an after-tax value of US$501 million at a 5% discount and a 26% return at US$24 silver, with all-in sustaining costs of US$7.60 an ounce net of by-products. A preliminary assessment on indicated and inferred material, not reserves.
8 Aug 2024resource reserve update● Neutral
Filed the technical report for the Silver Sand prefeasibility study, effective 19 June 2024, putting the first reserve statement on the public record.
26 June 2024resource reserve update▲ GoodMajor
The Silver Sand prefeasibility study delivered New Pacific's first mineral reserves: 52.0 million tonnes at 105 g/t for 175.4 million ounces of silver, proven and probable. It describes a 13-year open pit producing about 157 million payable ounces on US$358 million of initial capital, worth US$740 million after tax at a 5% discount with a 37% return at US$24 silver and all-in sustaining costs of US$10.69 an ounce. The company said the next step is agreeing surface rights with local communities - the deposit is defined, the ground it sits on is not yet secured.
29 Apr 2024quarterly activities report▲ Good
Metallurgical tests for the coming Silver Sand prefeasibility study recovered 89.6% to 92.7% of the silver by cyanide leaching from two composites grading 145 and 114 g/t, in line with the 91% assumed in the 2023 economic study and with lower cyanide consumption than assumed.
1 Feb 2024regulatory community update● Neutral
Set out 2024 plans under new President and CEO Andrew Williams: a Silver Sand prefeasibility study by mid-year that would let the company declare mineral reserves for the first time in its history.
19 Sept 2023resource reserve update● Neutral
Filed the technical report supporting the Carangas resource estimate, effective 25 August 2023.
6 Sept 2023resource reserve update▲ GoodMajor
First resource estimate for Carangas, two years after the discovery hole: 214.9 million tonnes indicated containing 205.3 million ounces of silver, 1.59 million ounces of gold, 1,444.9 million pounds of lead, 2,653.7 million pounds of zinc and 112.6 million pounds of copper - 559.8 million ounces of silver equivalent - plus 45.0 million tonnes inferred at 109.8 million ounces equivalent. Mineralisation starts at surface with a 1.8:1 strip ratio in the conceptual pit, and the project is 98%-controlled rather than wholly owned.
24 Aug 2023securities registration● Neutral
Replaced the base shelf prospectus that expired on 15 August 2023 with a new one and a matching US registration statement, keeping the standing ability to issue shares on short notice.
7 July 2023drilling result▲ Good
Final 18 holes of the first-quarter 2023 program at Carangas, best 183 metres at 92 g/t silver, completing 39 holes and 17,623 metres and closing the drilling that feeds a first resource estimate for the project.
30 May 2023drilling result▲ Good
First 21 holes of the 2023 program stepped out from the 2022 grid at Carangas and returned 205 metres at 123 g/t silver.
12 Apr 2023drilling result▲ Good
Final 29 holes of the 2022 Carangas program, including 306 metres at 1.2 g/t gold and 26 g/t silver; all 115 holes have now been reported.
20 Mar 2023regulatory community update● Neutral
Set out the 2023 plan for the three Bolivian projects: at Silver Sand, take the economic assessment up to a prefeasibility study and start work towards an environmental licence, with drilling continuing at Carangas and Silverstrike.
21 Feb 2023drilling result▲ Good
Deep hole DCAr0096 at Carangas returned 524 metres at 1.24 g/t gold; 86 of the 115 holes drilled in 2022 had been reported.
17 Feb 2023resource reserve update● Neutral
The AMC Consultants technical report itself for the Silver Sand economic assessment, effective 30 November 2022, filed the day after the announcement of its filing.
16 Feb 2023resource reserve update● Neutral
Filed the technical report behind the January economic study of Silver Sand, effective 30 November 2022 - the document that puts the study on the public record.
1 Feb 2023drilling result▲ Good
Forty-two more Carangas holes, best 230 metres at 146 g/t silver; 85 of the 115 holes drilled in 2022 had then been reported.
24 Jan 2023drilling result▲ Good
Four deep step-out holes south of the earlier gold intercepts at Carangas returned 505 metres at 1.22 g/t gold, extending the thick gold zone that sits under the roughly 1,000-metre-long shallow silver horizon.
12 Jan 2023resource reserve update▲ GoodMajor
Silver Sand's first economic study: a 14-year open pit producing about 171 million payable ounces of silver, initial capital of US$308 million, cash costs of US$8.45 and all-in sustaining costs of US$10.42 an ounce, for an after-tax value of US$726 million at a 5% discount and a 39% return at US$22.50 silver. A preliminary assessment, the lowest-confidence study type, and it carries no reserves - the deposit New Pacific has drilled since 2017 now has a number attached to it for the first time.
28 Nov 2022resource reserve update▲ GoodMajor
The rebuilt Silver Sand estimate by AMC put measured and indicated resources at 54.26 million tonnes grading 116 g/t for 201.77 million ounces of silver, 30% more silver ounces than the 155.85 million of the 2020 estimate, with inferred material falling to 4.56 million tonnes for 12.95 million ounces as drilling converted it. Reported inside an optimised pit at US$22.50 silver and a 30 g/t cut-off.