04:28:17 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



New Break Resources Ltd
Symbol NBRK
Shares Issued 49,572,600
Close 2024-01-04 C$ 0.065
Market Cap C$ 3,222,219
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New Break Resources appoints Morrison as director

2024-01-04 10:04 ET - News Release

Mr. Michael Farrant reports

NEW BREAK ANNOUNCES APPOINTMENT OF GORDON G. MORRISON TO BOARD OF DIRECTORS

New Break Resources Ltd. has appointed Gord Morrison, BSc, to the company's board of directors. Having been an integral part of the discovery of 13 major polymetallic and precious metal deposits, six of which are producing mines, with four others at the feasibility stage, Mr. Morrison joins New Break as one of Canada's most successful mine finders and a leader in the mining industry with a deep and varied experience in both mineral exploration and mining.

Mr. Morrison has more than 50 years of experience in the mining industry, covering all aspects of geoscience applications across all mining methods, from a wide range of underground methods to large-scale open-pit operations, as well as being part of very successful exploration groups as noted herein.

Mr. Morrison's extensive exploration and mining experience includes 32 years at Inco Ltd., where he served as senior geologist, head of the Sudbury exploration group and a member of the Inco global exploration group; vice-president, exploration, at FNX Mining Company Inc., chief technology officer, geoscience and other technical mine advancement, North American/South American mines at Quadra FNX Mining Ltd. and KGHM International Ltd.; and as president of TMAC Resources Inc. prior to that company's acquisition by Agnico Eagle Mines Ltd. for its Hope Bay gold deposit in Nunavut.

Mr. Morrison's ability to collaborate and work within a team of geologists spanning various levels of experience has promoted an atmosphere of success. His ability to listen to the team, look at the rocks, and integrate a variety of geological, geochemical and geophysical information makes him one of the leading explorers in the industry today.

Mr. Morrison holds a bachelor of science in geology from Queen's University.

Michael Farrant, president and chief executive officer of New Break, commented: "We're deeply honoured to have Gord join the board of New Break. He brings a tremendous track record of success to the company. It is one thing to make a mineral discovery; it is quite another to see those discoveries become economic orebodies and mines. Gord also brings specific experience in mineral exploration both in Ontario and Nunavut. His input and guidance will be invaluable as New Break looks to execute the company's maiden drilling program at the Moray property, 32 kilometres northwest of Alamos Gold's Young-Davidson mine, and in terms of advancing our gold projects in Nunavut, including Sundog and Esker."

William Love, vice-president, exploration, of New Break, noted: "I'm extremely excited to see the addition of a technical professional of Gord's pedigree to the board of New Break. I believe that Gord's insights in the field, in addition to the boardroom, will give the company the greatest chance of unlocking the full potential and value of the company's properties. I'm looking very forward to working closely with Gord to make 2024 New Break's most successful year to date."

Mr. Morrison noted: "Having been a significant shareholder and adviser since 2021, I look forward to taking on a more active role with New Break, which will include getting out in the field with Bill Love and working with the company's talented technical team of advisers and consultants. I hope to more directly impact New Break's exploration strategy with a view to unlocking the outstanding economic potential of the company's mineral properties at Moray and in Nunavut."

About New Break Resources Ltd.

New Break is a Canadian mineral exploration company with a dual vision for value creation. In Northern Ontario, New Break is focused on its Moray project, in a well-established mining camp, within proximity to existing infrastructure, while, at the same time, through its prospective landholdings in Nunavut that include the Sundog, Esker-Noomut, Sy and Angikuni Lake properties, the company provides its shareholders with significant exposure to the vast potential for exploration success in one of the most up-and-coming regions in Canada for gold exploration and production. New Break is supported by a highly experienced team of mining professionals committed to placing a premium on environmental, social and corporate governance. New Break began trading on the Canadian Securities Exchange on Sept. 7, 2022, under the symbol NBRK.

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