Mr. Michael Farrant reports

NEW BREAK DRILLS 5.28 G/T AU OVER 11.2 METRES AND 3.95 G/T AU OVER 14.0 METRES DELIVERING FURTHER STRONG RESULTS AT ITS MORAY GOLD PROJECT

New Break Resources Ltd. has completed an additional 1,996 metres (m) of drilling in 10 drill holes at its 100-per-cent-owned Moray gold project and has released the assay results from the first six of these holes. Assays for the remaining four holes covering 1,198 metres are pending. In total, New Break has completed 5,372 metres of drilling in 32 drill holes in 2026. Moray is located 49 kilometres (km) south of Timmins, Ont., and 32 km northwest of the Young-Davidson gold mine operated by Alamos Gold Inc.

Highlights:

• Hole NBR-26-27 returned 5.28 grams per tonne (g/t) gold (Au) over 11.2 metres from 160.3 to 171.5 metres.
• Hole NBR-26-28 returned 3.95 g/t Au over 14.0 metres from 150.0 to 164.0 metres, including 0.927 g/t Au over 2.5 metres in the syenite from 150.0 to 152.5 metres.
• Hole NBR-26-28 also returned 0.53 g/t Au over 1.5 metres from 133.5 to 135.0 metres in the syenite.

Select results from the first six of 10 drill holes from the Q3 (third quarter) 2026 summer drilling program are presented in table 1.

Drill hole collar locations from the first six of 10 drill holes from the Q3 2026 summer drilling program are detailed in table 2. There are no material drilling, sampling, recovery or other factors known to the company that could materially affect the accuracy or reliability of the assay data.

The Moray property is located in the heart of the Ontario Abitibi greenstone belt, 49 km southeast of Timmins surrounded by a number of significant gold producing companies and existing mills. The Young-Davidson gold mine operated by Alamos Gold, with its 8,000-tonne-per-day mill is the closest and within a short trucking distance of approximately 45 km by road from Moray.

Enviro North Exploration Inc., out of Sturgeon Falls, Ont., recommenced drilling on June 30, 2026. An additional 1,996 metres in 10 drill holes were completed in the Zavitz gold zone. Previous drilling in the Zavitz gold zone includes 1,817 metres in eight drill holes, drilled in 2025, and 2,807 metres in 20 drill holes, drilled earlier in 2026. In total, 6,620 metres in 38 drill holes have been completed in the Zavitz gold zone, while New Break has completed a total of 5,372 metres in 32 drill holes of the company's planned 2026, 10,000-metre drilling program.

The first four holes in the summer drilling program (NBR-26-23, NBR-26-24, NBR-26-25 and NBR-26-26) were drilled as short infill holes to test the upper portion of the Zavitz gold zone and totalled 352 metres. As expected, the gold intersections are generally narrower than those encountered deeper in the system. However, gold mineralization was encountered only 7.0 metres from surface in drill hole NBR-26-23, yielding 0.80 g/t Au over 8.0 metres, with some smaller intervals of higher-grade gold mineralization encountered between 50.0 to 70.0 metres from surface, including 3.78 g/t Au over 2.7 metres in NBR-26-24 and 14.20 g/t Au of 0.5 metre in NBR-26-25.

The next six drill holes (NBR-26-27, NBR-26-28, NBR-26-29, NBR-26-30, NBR-26-31 and NBR-26-32) totalling 1,644 metres were designed to test the Zavitz zone northeast of two of the winter drilling collar locations, down to vertical depths of approximately 275 metres. Drill holes NBR-26-27, NBR-26-28 and NBR-26-29 were collared northeast of the collar for drill holes NBR-26-06, NBR-26-07 and NBR-26-08, while drill holes NBR-26-30, NBR-26-31 and NBR-26-32 were collared to the northeast of the collar for drill holes NBR-26-03, NBR-26-04 and NBR-26-05.

Results from the new holes drilled on the Section B to B1 (NBR-26-06, NBR-26-07 and NBR-26-08 section) have yielded the best grade-width composites to date, with NBR-26-27 returning 5.28 g/t Au over 11.2 metres from 160.3 to 171.5 metres and NBR-26-28 returning 3.95 g/t Au over 14.0 metres from 150.0 to 164.0 metres. New Break is still awaiting assays from NBR-26-29, the deepest of the three holes. These results validate the previous hypothesis that grade-widths improve as the section gets deeper.

Plan for remainder of 2026 Moray drilling

Drilling is expected to resume in early September, 2026, following a planned shutdown to allow a break for the drill crews, during which time the company expects to receive assay results from the remaining four completed drill holes NBR-26-29, NBR-26-30, NBR-26-31 and NBR-26-32.

For the balance of 2026, further planned drilling in the Zavitz gold zone is expected to move to the southeast, focusing on the downdip extensions of sections NBR-26-09, NBR-26-10, NBR-26-11 and NBR-26-12, with collars located northeast of these drill holes. These drill holes will provide a better understanding of gold mineralization at and along the syenite contact to the southeast.

The company will also test other high-priority target areas identified from the 55.7 line km gradient IP survey completed from October to December, 2024, which are logistically more difficult and more expensive to test in the winter. Michael Farrant, president of New Break, commented: "With successful drilling ongoing in the Zavitz gold zone, we are excited to test other prospective target areas that have never been drilled. Success at any of these target areas would immediately expand the overall potential of the Moray property."

Technical content and qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Peter C. Hubacheck, PGeo, consulting geologist to New Break, and an independent qualified person as defined by National Instrument 43-101. Mr. Hubacheck certifies that this news release fairly and accurately reflects the technical information and data presented. New Break conducts its exploration activities in accordance with CIM best practices guidelines.

QA/QC (quality assurance/quality control) procedures

QA/QC procedures were executed to ensure all work is conducted in accordance with best practices. All drill core was sawn in half, with one-half of the core prepared for shipment and the other half retained for future verification. All core is under watch from the drill site to the core processing facility. Drill core is BQTK size and sample intervals range from 0.5 metre to 1.0 metre in length. Commercially prepared certified reference material (CRM) standards and blanks were inserted with each shipment at a rate of one QA/QC sample in every 12 core samples. Samples from New Break's 2026 Moray drilling program were analyzed at Activation Laboratories in Timmins, Ont., which is ISO 17025 certified, by 30-gram fire assay with atomic absorption finish. Any sample assaying greater than 10 g/t Au was reassayed with fire assay gravimetric analysis.

Grade composite intervals over core lengths are calculated using a weighted average grade with a cut-off grade of 0.3 g/t Au. Up to 2.0 m of internal dilution (consecutive interval below cut-off grade) are included within specific geologic domains and alteration assemblages. The composites are constrained geologically by metasomatic alteration processes sourcing from the Fiset syenite intrusion and contact mafic volcanic rocks. Elevated gold values are coincident with hematite, silica, sericite and pyrite mineralization within structurally prepared brecciated corridors flanking the intrusion. Intervals are not true widths and no top cutting has been applied to the higher gold values.

About New Break Resources Ltd.

New Break is a 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, and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold. Shareholders are also leveraged to exploration success in Nunavut, Canada, through New Break's 20-per-cent carried interest in the Sundog gold project and ownership of 6.0 million shares of Guardian Exploration Inc. The company is supported by a highly experienced team of mining professionals.

New Break trades in Canada on the Canadian Securities Exchange under the symbol NBRK, in the United States on the OTCQB Venture Market under the symbol NBRKF and on the Frankfurt Stock Exchange under the symbol O91.

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