SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

New Pacific Metals Corp.

(Name of Issuer)

Common share without par value

(Title of Class of Securities)

64782A107

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No.

64782A107

Names of Reporting Persons

Silvercorp Metals Inc.

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

BRITISH COLUMBIA, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 51,426,988.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 51,426,988.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

51,426,988.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

28.0 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP No.

64782A107

Names of Reporting Persons

Fortune Mining Limited

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 36,512,442.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 36,512,442.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

36,512,442.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

19.8 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

CUSIP No.

64782A107

Names of Reporting Persons

Victor Resources Ltd.

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

Sec Use Only

Citizenship or Place of Organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 34,873,742.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 34,873,742.00
8	Shared Dispositive Power 0.00

Aggregate Amount Beneficially Owned by Each Reporting Person

34,873,742.00

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

Percent of class represented by amount in row (9)

19.0 %

Type of Reporting Person (See Instructions)

SCHEDULE 13G

Item 1.

(a)

Name of issuer:

New Pacific Metals Corp.

(b)

Address of issuer's principal executive offices:

SUITE 1750, 1066 W. HASTINGS STREET, VANCOUVER, A1 V6E 3X1

Item 2.

(a)

Name of person filing:

(i) Silvercorp Metals Inc. (ii) Fortune Mining Limited (iii) Victor Resources Ltd.

(b)

Address or principal business office or, if none, residence:

(i) 1066 West Hastings Street Suite 1750 Vancouver BC Canada V6C 3X1 (ii) Craigmuir Chambers Road Town Tortola VG1110 BVI (iii) Craigmuir Chambers Road Town Tortola VG1110 BVI

(c)

Citizenship:

(i) Canada (ii) British Virgin Islands (iii) British Virgin Islands

(d)

Title of class of securities:

Common share without par value

(e)

CUSIP No.:

64782A107

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f)

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:

(k)

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

Item 4.

Ownership

(a)

Amount beneficially owned:

(i) Silvercorp Metals Inc.: 51426988 (ii) Fortune Mining Limited: 36512442 (iii) Victor Resources Ltd.: 34873742

(b)

Percent of class:

(i) Silvercorp Metals Inc.: 28.0 (ii) Fortune Mining Limited: 19.8 (iii) Victor Resources Ltd.: 19.0

(c)

Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

(i) Silvercorp Metals Inc.: 51426988 (ii) Fortune Mining Limited: 36512442 (iii) Victor Resources Ltd.: 34873742

(ii) Shared power to vote or to direct the vote:

(i) Silvercorp Metals Inc.: 0 (ii) Fortune Mining Limited: 0 (iii) Victor Resources Ltd.: 0

(iii) Sole power to dispose or to direct the disposition of:

(i) Silvercorp Metals Inc.: 51426988 (ii) Fortune Mining Limited: 36512442 (iii) Victor Resources Ltd.: 34873742

(iv) Shared power to dispose or to direct the disposition of:

(i) Silvercorp Metals Inc.: 0 (ii) Fortune Mining Limited: 0 (iii) Victor Resources Ltd.: 0

Item 5.

Ownership of 5 Percent or Less of a Class.

Not Applicable

Item 6.

Ownership of more than 5 Percent on Behalf of Another Person.

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not Applicable

Item 8.

Identification and Classification of Members of the Group.

Not Applicable

Item 9.

Notice of Dissolution of Group.

Not Applicable

Item 10.

Certifications:

Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Silvercorp Metals Inc.

Signature:	/s/ Rui Feng
Name/Title:	Rui Feng / Chairman and CEO
Date:	02/12/2026

Fortune Mining Limited

Signature:	/s/ Rui Feng
Name/Title:	Rui Feng / Director
Date:	02/12/2026

Victor Resources Ltd.

Signature:	/s/ Rui Feng
Name/Title:	Rui Feng / Director
Date:	02/12/2026

Comments accompanying signature: The beneficial ownership reported herein reflects the parent/subsidiary structure. Victor Resources is wholly owned by Fortune Mining, and Fortune Gold Mining Limited is a wholly-owned subsidiary of Fortune Mining. Accordingly, Silvercorp Metals Inc. reports beneficial ownership of all shares held directly or indirectly through its subsidiaries.

Exhibit Information

Exhibit 1 Joint Filing Statement among Silvercorp, Fortune Mining and Victor Resources (incorporated by reference to Exhibit 1 to Schedule 13G/A filed by Silvercorp Metals Inc., Fortune Mining Limited and Victor Resources Ltd. on February 14, 2023)

Amendment: SEC Form SCHEDULE 13G/A filed by New Pacific Metals Corp.