New Break starts phase 2 drilling at Moray project

Executive Summary

• New Break Resources Ltd. has commenced Phase 2 drilling at its Moray gold project to further test the newly discovered Zavitz gold zone and key structural targets.
• The drilling program follows a maiden program that identified significant gold intercepts, including 4.11 g/t Au over 31.3 metres and 3.35 g/t Au over 14.8 metres.
• Phase 2 drilling is planned to run for four to six weeks with an initial target of 1,500 metres, focusing on expanding the discovery zone and testing sulphide-hosted gold potential.

Key Details

• Drilling Status: Phase 2 drilling began on October 23, 2025, and is expected to continue for approximately four to six weeks.
• Planned Scope: A minimum of 1,500 metres of drilling is initially planned.
• Previous Results (Maiden Program):
  • Drill hole NBR-25-05: Intersected 4.11 grams per tonne gold (g/t Au) over 31.3 metres.
  • Drill hole NBR-25-04: Intersected 3.35 g/t Au over 14.8 metres.
• Geophysical Surveys: Exsics Exploration Ltd. conducted a downhole Mise a la Masse (MALAM) survey on holes NBR-25-04 and NBR-25-05 (completed Sept. 29 to Oct. 9, 2025). The survey identified a near-surface, 450-metre-long zone of conductive sulphides, representing the likely continuation of gold-bearing sulphides.
• Phase 2 Objectives:
  • Test below and undercut discovery drill holes NBR-25-05 and NBR-25-04.
  • Drill along strike of the Zavitz gold zone to the southeast.
  • Test the contact metamorphic zone east of a known chargeability high.
  • Investigate sulphide-hosted gold potential and possible remobilization pathways at the syenite boundary.
• Financial Position: The company states it is well-financed with over $2-million in cash.
• Location: Moray project is located 49 km southeast of Timmins, Ont., and 32 km northwest of the Young-Davidson gold mine (operated by Alamos Gold Inc.).
• QA/QC: Samples will be analyzed at Activation Laboratories in Timmins, Ont. (ISO 17025 certified). Technical disclosure reviewed by Peter C. Hubacheck, PGeo.

Notable Quotes

• William Love, CEO: "New Break has resumed drilling at Moray following the exciting discovery made in the Zavitz gold zone during our maiden drilling program. This phase of drilling is focused on further testing the sulphide-bearing volcanic rocks and the syenite contact in the Zavitz zone... Phase 2 drilling is designed to advance our understanding of the gold mineralization in the volcanics and surrounding structures, with a view to expanding our gold discovery in the Zavitz zone."