# New Pacific Metals (TSX:NUAG)

> New Pacific Metals Corp.

## About

New Pacific Metals Corp. is an exploration development company focused on discovering and developing world-class silver and gold deposits in Bolivia. The company is committed to conducting its business sustainably, embracing innovation, diversity, and corporate social responsibility while creating long-term value for stakeholders.

## Key facts

- **Cash position:** US$41.2 M
- **Shares outstanding:** 184 M
- **Fully diluted shares:** 190 M
- **Warrants:** 0
- **Options:** 5.5 M
- **Mineral resource:** The Mineral Resource Estimate (“MRE”), which used conceptual open pit mining constraints for reporting purposes, has been reported in the news release of November 28, 2022. The Mineral Resources, which are stated at a 30 g/t silver cut‐off grade, are shown in the table below.

**Mineral Resource as of October 31, 2022**

_Notes:_
- _CIM Definition Standards (2014) were used for reporting the Mineral Resources._
- _The qualified person (as defined in NI 43-101) is Dinara Nussipakynova, P.Geo. of BBA, formerly employed with AMC Consultants (Canada) Ltd. (“AMC Consultants)._
- _Mineral Resources are constrained by optimized pit shells at a metal price of US$22.50/oz Ag, recovery of 91% Ag and cut-off grade of 30 g/t Ag._
- _Drilling results up to July 25 2022._
- _The numbers may not compute exactly due to rounding._
- _Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability._

_Source: AMC Mining Consultants (Canada) Ltd._
- **Projects:** ["### Project info\n\n- Date: Jun 20, 2019\n- Client: Designervily – Creative Agency\n- Category: [Planning](https://www.newpacificmetals.com/portfolio-category/planning/)\n- Address: 2946 Angus Road, NY\n\n### Strong business plan\n\nThere are many variations of passages of Lorem Ipsum avThere are many variations of passages of Lorem Ipsum available, but the [**majority have suffered alteration in some form by injected**](https://www.newpacificmetals.com/portfolio/underground-mining/#) humour or randomised words which don’t look even slightly believable.\n\nNemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui voluptatem sequi nesciunt [**Proin ultrices metus idve eget sociis**](https://www.newpacificmetals.com/portfolio/underground-mining/#).\n\n![img-01](https://www.newpacificmetals.com/wp-content/uploads/elementor/thumbs/img-01-rni4jp3atjusd7bsfdist8j53a3u6gqwcpq672eb70.jpg)\n\n![img-02](https://www.newpacificmetals.com/wp-content/uploads/elementor/thumbs/img-02-rni4jp3atjusd7bsfdist8j53a3u6gqwcpq672eb70.jpg)\n\n![img-01](https://www.newpacificmetals.com/wp-content/uploads/elementor/thumbs/img-01-rni4jp3atjusd7bsfdist8j53a3u6gqwcpq672eb70.jpg)\n\n### What we did for Mining\n\nDuis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.\n\n![Skilled Engineer](http://colza.designervily.com/datasite-demo1/wp-content/uploads/sites/5/2021/08/iconbox-03.png)\n\n## Skilled Engineer\n\nThere are many variations of passa ges of Lorem Ipsum available Lorem.\n\n![Mining Technology](http://colza.designervily.com/datasite-demo1/wp-content/uploads/sites/5/2021/08/iconbox-02.png)\n\n## Mining Technology\n\nThere are many variations of passa ges of Lorem Ipsum available Lorem.\n\n![Coal Cumulation](http://colza.designervily.com/datasite-demo1/wp-content/uploads/sites/5/2021/08/iconbox-01.png)\n\n## Coal Cumulation\n\nThere are many variations of passa ges of Lorem Ipsum available Lorem.\n\n![Closure & Reform](http://colza.designervily.com/datasite-demo1/wp-content/uploads/sites/5/2021/08/iconbox-04.png)\n\n## Closure & Reform\n\nThere are many variations of passa ges of Lorem Ipsum available Lorem.\n\n### Final Results\n\nDuis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum sed ut perspiciatis unde omnis iste natus.\n\n#### 0+\n\nMining Worker\n\n#### 0+\n\nMines Engineer\n\n#### 0+\n\nMines Machine"]
- **Leadership:** Dr. Rui Feng (Founder, Successful entrepreneur and mine builder with over 25 years of global mining industry experience. Integral in discovering Jinshan Gold’s CSH Gold Mine in China.), Jalen Yuan (CEO, Corporate leader and professional accountant with over sixteen years of international experience in the mining industry. Served as CFO since 2015.), Chester Xie (CFO, Professional accountant with nearly a decade of experience in financial reporting and auditing.), Alex Zhang (Vice President, Exploration, Professional geoscientist with over 30 years of experience in mineral exploration.), Carolina Ordoñez (Vice President, Corporate Affairs, Over 15 years of experience in the resource sector, specializing in government relations and global affairs.), Hianny Romero (Vice President, Bolivia Operations, Strategic financial and operational executive with over a decade of leadership experience in Bolivia.), Dickson Hall (Chairman of the Board of Directors, Over 40 years of experience in finance and corporate development, particularly in the mining sector.), Paul Simpson (Director, Corporate securities and mining lawyer with over 25 years of experience.), Maria Tang (Director, Over 20 years of experience in accounting with a focus on the mining industry.), Martin Wafforn (Director, Mining engineer with more than 35 years of experience in the mining industry.), Myles Gao (Director, Seasoned geologist and mining executive with senior leadership experience in Canadian mining companies.

_Verified data last updated: 2026-05-15_

## Recent filings

- 2026-05-13 — financials — [NUAG_2026-05-13_18-12-40.pdf](https://chat.orbiton.app/nuag/preview/50220?documentId=50220)
- 2026-05-13 — mda — [NUAG_2026-05-13_18-07-33.pdf](https://chat.orbiton.app/nuag/preview/50219?documentId=50219)
- 2026-05-13 — financials — [NUAG_2026-05-13_18-03-32.pdf](https://chat.orbiton.app/nuag/preview/50171?documentId=50171)
- 2026-05-13 — press_release — [NUAG_2026-05-13_17-44-17.pdf](https://chat.orbiton.app/nuag/preview/50117?documentId=50117)
- 2026-02-23 — press_release — [New Pacific Metals Announces Framework Agreement for Cooperation and Coordination with the Carangas Community](https://chat.orbiton.app/nuag/preview/18336?documentId=18336)
- 2026-02-11 — mda — [NUAG_2026-02-11_19-00-49.pdf](https://chat.orbiton.app/nuag/preview/17446?documentId=17446)
- 2026-02-11 — press_release — [NEW PACIFIC REPORTS FINANCIAL RESULTS FOR THE THREE AND SIX MONTHS ENDED DECEMBER 31, 2025](https://chat.orbiton.app/nuag/preview/17445?documentId=17445)
- 2025-12-04 — press_release — [Progress Report on Carangas Silver-Gold and Silver Sand Silver Projects, Bolivia and 2026 Work Plan](https://chat.orbiton.app/nuag/preview/15005?documentId=15005)

## Investor FAQ

### [Latest News?](https://chat.orbiton.app/nuag/faq/latest-news)

The latest news from New Pacific Metals includes a press release dated May 13, 2026, which reported financial results and updates on the company's projects. Additionally, a framework agreement for cooperation and coordination with the Carangas Community was announced on February 23, 2026.

### [Why Bolivia?](https://chat.orbiton.app/nuag/faq/why-bolivia)

New Pacific Metals focuses on Bolivia due to its rich mineral resources, particularly in silver and gold. The company aims to discover and develop world-class deposits in the region, leveraging its expertise and commitment to sustainable practices.

## Live AI chat

- https://chat.orbiton.app/nuag/chat
- Investor website: https://www.newpacificmetals.com/
