New Break Resumes Drilling at Its Moray Gold Project

Executive Summary

• New Break Resources has begun the first phase of a planned 10,000‑metre drilling program at its 100% owned Moray gold project in Ontario.
• The 2025 maiden program (2,924 m) intersected significant grades in four drillholes within the newly discovered Zavitz zone; results are highlighted below.
• Approximately $2.8 million cash on hand funds the two‑month, ~2,500 metre initial 2026 phase, which will test extensions of the Zavitz zone and two high‑priority target areas (Drill Target #1 – Galer Lake fault; Drill Target #2 – eastern syenite contact).

Key Details

• 2025 Maiden Drilling Results (Zavitz Zone):
• Hole NBR‑25‑04 – 1.04 g/t Au over 86.7 m (100.3–187.0 m)
• Hole NBR‑25‑05 – 3.17 g/t Au over 43.0 m (72.0–115.0 m)
• Hole NBR‑25‑09 – 1.57 g/t Au over 70.7 m (95.8–166.5 m)

• Hole NBR‑25‑10 – 2.00 g/t Au over 38.0 m (68.0–106.0 m)

• 2026 Phase Plan:

• Target total of ~2,500 metres to be completed in ~2 months by Enviro North (Sturgeon Falls, ON).

• Three target areas:

  1. Extension of Zavitz zone northward into syenite contact and south‑southeast.
  2. Drill Target #1 – ~3 km SE of Zavitz, along the NW‑SE trending Galer Lake fault; historic drill holes (Noranda 1965, Newmont 1980) with a noted assay of 6.17 g/t Au over 3.66 m (redacted elsewhere).
  3. Drill Target #2 – Interpreted north‑south structure on eastern syenite contact, potentially remobilized sulphides in mafic volcanics.

• Financial Position:

• Company reports ≈ $2.8 million cash on hand, deemed sufficient to fund the initial drilling phase.

• QA/QC Protocols:

• Samples to be analysed by Activation Laboratories (Timmins, ON), ISO‑17025 certified.
• Qualified Person: Peter C. Hubacheck, P.Geo., has reviewed and approved technical disclosure per NI 43‑101.

Notable Quotes

• William Love, CEO: “This first phase of 2026 drilling is expected to run for approximately two months, where a minimum of 2,500 metres is planned… New Break is well financed with approximately $2.8 million in cash.”
• Michael Farrant, President & CFO: “The discovery holes in the Zavitz zone host very consistent gold grades and represent one of the more significant grass‑roots discoveries in the Ontario Abitibi in the last couple decades.”