Mr. William Love reports
NEW BREAK BEGINS MAIDEN DRILLING PROGRAM AT THE MORAY GOLD PROJECT
New Break Resources Ltd. has commenced drilling at its 100-per-cent-owned Moray gold project, located 49 kilometres south of Timmins, Ont., and 32 kilometres northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc.
New Break has engaged Enviro North Exploration Inc. out of Sturgeon Falls, Ont., to conduct a minimum 1,500-metre diamond drilling program at Moray at an all-inclusive price of $125 per metre. The drilling will focus on four key target areas that include: trench 1, where gold mineralization hosted in syenite represents the potential for a Young-Davidson analogue; trench 12, where gold mineralization is hosted in mafic volcanics and syenite; the Moray unconformity, which will follow up on drilling undertaken by Noranda Exploration Co. Ltd. in 1965; and lastly, a chargeability high associated with the northwestern margin of the syenite, as identified through the gradient induced polarization survey completed by New Break in late 2024 (see the June 17, 2025, news release for further details on these four target areas).
Bill Love, chief executive officer of New Break and head of exploration, noted: "We know that gold mineralization exists at Moray. We also know that exploration work by previous operators has left many unanswered questions. The last drilling program, a five-hole, 776-metre program conducted in 2012 by SGX Resources Inc., fell short of testing some of the best targets known at that time, due to lack of funding. Assays from drilling in key target areas by Noranda in 1965 (Moray unconformity) and Newmont Exploration Canada Ltd. in 1980 (trench 1 area) were redacted in the assessment files. Core from the 1980 drilling by Newmont, held at the remote drill core storage site in Timmins, which contains barren, highly magnetic syenite, does not appear to be consistent with the Newmont drill logs, which suggest altered and mineralized syenite. New Break's drilling program, which aims to investigate some of these mysteries, will hopefully provide answers that will begin to define a geological environment capable of hosting an economic orebody. It is an extremely exciting time to be running our maiden drilling program with the price of gold at a near record high. We are hopeful that the results of drilling will validate our target selections and the gold potential of the Moray project."
Qualified person
Peter C. Hubacheck, PGeo, consulting geologist to New Break, and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure in this news release.
About New Break Resources Ltd.
New Break is a proudly Canadian mineral exploration company focused on its Moray gold project, located 49 kilometres south of Timmins, Ont., in a well-established mining camp within proximity to existing infrastructure, 32 kilometres northwest of the Young-Davidson gold mine, operated by Alamos Gold Inc. Shareholders also remain leveraged to exploration success in Nunavut, one of the most-up-and-coming regions in Canada for gold exploration and production through New Break's 20-per-cent carried interest in the Sundog gold project. The company is supported by a highly experienced team of mining professionals. Information on New Break is available under the company's profile on SEDAR+ and on the company's website. New Break trades on the Canadian Securities Exchange under the symbol NBRK.
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