Mr. Michael Farrant reports

NEW BREAK PROVIDES MORAY EXPLORATION UPDATE AND ACQUIRES ADDITIONAL MINERAL CLAIMS

New Break Resources Ltd. has entered into a mining claim acquisition agreement with two arm's-length individuals to acquire four single-cell mineral claims totalling approximately 86 hectares in the English and Zavitz townships, that fill in the last remaining small gap in the company's main Moray property position. Moray is located approximately 49 kilometres southeast of Timmins, Ont., and 32 km northeast of the Young-Davidson gold mine operated by Alamos Gold Inc.

These mineral claims contain a number of historical gold showings. The 43 North showing, discovered by Esso Minerals in 1987, yielded grab samples of up to 1.2 grams per tonne gold. The Doctor and Seska trenches, sampled by Tri Origin Exploration Ltd. in 1996, yielded results up to 6.65 grams per tonne gold and 1.2 g/t Au, respectively. Most importantly, the acquisition of these mineral claims, on a royalty-free basis, continues to add highly prospective gold exploration targets at Moray, beyond the Zavitz discovery zone.

Under the terms of the agreement, the vendor will receive a cash payment of $16,000 and will be issued 80,000 common shares of New Break at closing in exchange for 100-per-cent ownership in the four mineral claims, which will also be royalty free. The consideration shares are subject to a statutory hold period of four months and one day following closing. The acquisition is subject to the receipt of all required regulatory approvals, including the approval of the Canadian Securities Exchange.

New exploration permit

Following the 2025 maiden drilling program at Moray, which resulted in the discovery of the Zavitz gold zone, New Break applied for a new exploration permit to expand the number of existing permitted drill pads and properly locate them, based on the location of the Zavitz zone gold discovery and exploration work completed since the issuance of the existing September, 2023, permit. On Feb. 10, 2026, New Break was issued exploration permit PR-26-000004, which expires on Feb. 9, 2029.

Exploration update

In late January, 2026, New Break announced the resumption of Moray drilling, including mobilization by Enviro North Exploration Inc. and site preparation. The company drilled two holes under its existing exploration permit, for a total of 569 metres, in a high-priority target area approximately three kilometres to the southeast of the Zavitz zone. On Feb. 17, 2026, following receipt of the new exploration permit, New Break commenced drilling back in the Zavitz discovery zone and has completed the first two drill holes of a planned 2,000 to 2,500 metres in this first phase of 2026 drilling. New Break is pleased to announce that it has encountered visible gold at 100.3 metres in drill hole NBR-26-04. While this is the first instance of visible gold in drilling on the Moray property, there is no guarantee that this will have a material positive impact on assay results. Assays are still expected to take a number of weeks, with this phase of drilling expected to last approximately until the end of March.

Qualified person and disclaimer

Peter C. Hubacheck, PGeo, consulting geologist to New Break, an independent qualified person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure in this news release. While the company considers historical information contained in this news release to be relevant and reasonably reliable, readers should be cautioned that the company has not independently verified any historical data and the information should not be relied upon as current.

About New Break Resources Ltd.

New Break is a proudly Canadian mineral exploration company focused on its Moray gold project located 49 km south of Timmins, Ont., in a well-established mining camp within proximity to existing infrastructure, 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold. Shareholders also remain leveraged to exploration success in Nunavut, a promising region 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. New Break trades on the Canadian Securities Exchange under the symbol NBRK.

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