Key facts
| Company | New Break Resources Ltd. (CSE: NBRK) |
|---|---|
| Commodity | Gold |
| Location | Ontario, Canada |
| Stage | Early exploration |
About Moray Gold Project
Project LocationMatachewan, OntarioOwnership100% ownedCommodityGold
News releases25 on file
New Break Refines Targets as 2026 Drilling Resumes at its Moray Gold Project
New Break Resources says drilling has resumed at its 100% owned Moray gold project, 49 km southeast of Timmins, Ontario, with a fall 2026 program expected to comprise a minimum of 1,500 metres in approximately four to six drillholes. The first hole is intended to be the deepest drilled on the property, targeting hematite altered mafic volcanics in the Zavitz gold zone at a 70 degree dip.
Drill resultsNew Break Reports 3.12 g/t Au Over 6.5 Metres and 1.61 g/t Au Over 10.8 Metres From the Balance of Summer Drilling at its Moray Gold Project
Results from the final four holes of a ten-hole, 1,996 metre summer drilling program in the Zavitz gold zone at the 100%-owned Moray gold project, 49 km southeast of Timmins, Ontario, included 3.12 g/t Au over 6.5 metres in NBR-26-31 and 1.61 g/t Au over 10.8 metres in NBR-26-29, plus 2.65 g/t Au over 4.2 metres and 1.57 g/t Au over 5.5 metres in NBR-26-30. New Break has completed 5,372 metres in
Drill resultsNew 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
Drilling at the Zavitz gold zone on the 100%-owned Moray gold project, 49 km south of Timmins, Ontario, returned 5.28 g/t Au over 11.2 metres from 160.3 metres in hole NBR-26-27 (including 26.50 g/t Au over 0.7 metres) and 3.95 g/t Au over 14.0 metres from 150.0 metres in NBR-26-28. Results cover the first six of 10 holes totalling 1,996 metres; assays for the remaining four holes (1,198 metres) a
Drill resultsNew Break Resumes 2026 Drilling Program at its Moray Gold Project
Drilling has resumed at the 100%-owned Moray gold project, 49 km south of Timmins, Ontario, as part of a planned 10,000 metre 2026 program, with the summer phase comprising approximately 2,500 metres in a minimum of 11 drillholes. The first 2 to 3 holes will fill in the top of the existing mineralized zone, with the remainder collared in the syenite intrusive to test for gold mineralization extend
Drill resultsNew Break Drills 3.46 g/t Au Over 38.6 Metres and Intercepts Gold in Syenite at its Moray Gold Project
Drilling of 3,376 metres in 22 holes at the 100%-owned Moray gold project, 49 km south of Timmins, Ontario, returned 3.46 g/t Au over 38.6 metres from 82.0 to 120.6 metres in NBR-26-05, including 7.16 g/t Au over 12.1 metres, plus 2.77 g/t Au over 21.5 metres in NBR-26-04 and 2.62 g/t Au over 16.8 metres in NBR-26-03. Four holes collared in the syenite intersected gold for the first time in that u
Drill resultsNew Break Resumes Drilling at its Moray Gold Project
Drilling has commenced on the first phase of a planned 10,000 metres for 2026 at the 100%-owned Moray gold project, 49 km south of Timmins, Ontario, with a minimum of 2,500 metres over roughly two months by Enviro North. The program will test extensions of the Zavitz zone, discovered in the 2025 program of 2,924 metres in 12 holes that returned 3.17 g/t Au over 43.0 metres and 1.04 g/t Au over 86.
Drill resultsNew Break Closes Oversubscribed $1,009,800 Non-Brokered Flow-Through Financing
A non-brokered flow-through private placement closed for gross proceeds of $1,009,800 through the issuance of 2,805,000 flow-through common shares at $0.36 each, with $36,720 paid in finder's fees and a hold period expiring May 1, 2026. Proceeds will fund Canadian Exploration Expenses, renounced with an effective date no later than December 31, 2025, for the first phase of a planned 10,000+ metre
FinancingNew Break Announces $506,000 Non-Brokered Private Placement Offering of Flow-Through Shares
A non-brokered private placement of up to 1,405,000 flow-through common shares at $0.36 each for gross proceeds of up to $505,800 is planned, with closing expected December 30, 2025 and CEE renounced with an effective date no later than December 31, 2025. Proceeds will fund the first phase of a planned 10,000+ metre 2026 drilling program at the Moray gold project, 49 km south of Timmins, Ontario.
FinancingNew Break Drills 1.57 g/t Au Over 70.7 Metres and 2.00 g/t Au Over 38.0 Metres at its Moray Gold Project
Drilling at the 100%-owned Moray gold project, 49 km south of Timmins, Ontario, returned 1.57 g/t Au over 70.7 metres from 95.8 to 166.5 metres in hole NBR-25-09, including 5.74 g/t Au over 10.5 metres, and 2.00 g/t Au over 38.0 metres from 68.0 metres in NBR-25-10, including 19.48 g/t Au over 2.5 metres. Earlier holes were restated as 1.04 g/t Au over 86.7 metres (NBR-25-04) and 3.17 g/t Au over
Drill resultsNew Break Acquires Additional Mineral Claims at Moray Gold Project
An agreement has been signed to acquire 1,107 hectares of mineral claims adjacent to and northwest of the Moray gold project, 49 km southeast of Timmins, Ontario: 13 single cell and one multi-cell claim totaling about 324 hectares in Zavitz, English, Semple and Bartlett Townships, plus 38 single cell claims of about 783 hectares in Fripp Township. The arm's length vendor receives $5,000 cash and 1
AcquisitionNew Break Resumes Drilling in the Zavitz Discovery Zone at the Moray Gold Project
A second phase of diamond drilling began October 23, 2025 at the 100%-owned Moray gold project, 49 km southeast of Timmins, Ontario, targeting the Zavitz zone, with a minimum 1,500 metres planned over approximately four to six weeks by Enviro North Exploration. The maiden 1,502 metre program intersected 4.11 g/t gold over 31.3 metres in NBR-25-05 and 3.35 g/t over 14.8 metres in NBR-25-04. A Mise
Drill resultsNew Break Appoints Mark Fedosiewich and Andrew Thomson to its Board of Directors, Appoints Phillip Walford as Technical Advisor and Grants Stock Options
Mark Fedosiewich and Andrew Thomson have been appointed to the board of New Break Resources, with Phillip Walford, P. Geo, named Technical Advisor and Peter Caldbick and Ronnie Therriault added to the technical team, supporting work at the Moray gold project 49 km southeast of Timmins, Ontario. Effective October 22, 2025, the Company granted 4,160,000 incentive stock options to directors, officers
ManagementNew Break Announces Acceleration of Warrant Expiry Dates
The expiry of outstanding common share purchase warrants from private placements dated December 29, 2023 (750,000 at $0.12 and 1,250,000 at $0.15), March 5, 2024 (250,000 at $0.12), November 15, 2024 (6,106,000 at $0.12), June 27, 2025 (1,252,000 at $0.12) and September 5, 2025 (6,188,000 at $0.12) has been accelerated to 5:00 p.m. Toronto time on October 14, 2025, after shares closed above $0.25
CorporateNew Break Maiden Drilling Returns 4.11 g/t Au Over 31.3 Metres in Drillhole #5 And 3.35 g/t Au over 14.8 Metres in Drillhole #4 at Moray Gold Project
Maiden diamond drilling at the 100%-owned Moray gold project, 49 km south of Timmins, Ontario, returned 4.11 g/t Au over 31.3 metres from 83.0 to 114.3 metres in hole NBR-25-05, including 6.75 g/t Au over 7.1 metres, and 3.35 g/t Au over 14.8 metres in NBR-25-04, including 7.25 g/t Au over 4.0 metres. The six-hole, 1,502-metre program ran from July 12 to August 14, 2025. A follow-up drilling progr
Drill resultsNew Break Closes Final Tranche of Oversubscribed Private Placement
The third and final tranche of a non-brokered private placement closed effective September 5, 2025, comprising 1,150,000 flow-through shares at $0.085 for $97,750 and 6,188,000 units at $0.075 for $464,100, with no finder's fees. Across three tranches the oversubscribed offering raised $1,000,000 gross ($442,000 from FT Shares, $558,000 from Units), netting $996,940 after $3,060 in finder fees. Ea
FinancingNew Break Provides Exploration and Project Update
A maiden diamond drilling program at the 100% owned Moray gold project, 49 km south of Timmins, Ontario, was completed on August 14, 2025, after starting July 12, 2025, totalling six drillholes for 1,502 metres, with assays pending. Exploration efforts will focus entirely on Moray and nearby Ontario claims. Exploration data for the Esker gold project in Kivalliq, Nunavut was sold to Guardian Explo
Drill resultsNew Break Closes Second Tranche of Private Placement
The second tranche of a non-brokered private placement closed with the issuance of 1,500,000 flow-through common shares at $0.085 per share for gross proceeds of $127,500, with $3,060 paid in finder's fees and a hold period expiring December 1, 2025. Proceeds will fund Canadian Exploration Expenses for the drilling program in progress at the Moray gold project, 49 km south of Timmins, Ontario. Con
FinancingNew Break Begins Maiden Drilling Program at the Moray Gold Project
Drilling has commenced at the 100%-owned Moray gold project, 49 km south of Timmins, Ontario and 32 km northwest of Alamos Gold's Young-Davidson mine. Enviro North Exploration Inc. of Sturgeon Falls, Ontario has been engaged for a minimum 1,500 metre diamond drilling program at an all-inclusive price of CDN$125 per metre. Drilling will test four targets: Trench 1, Trench 12, the Moray Unconformity
Drill resultsNew Break Announces Closing of First Tranche of Private Placement
The first tranche of a non-brokered private placement has closed, consisting of 2,550,000 flow-through shares at $0.085 for gross proceeds of $216,750 and 1,252,000 units at $0.075 for $93,900. Each unit includes one warrant exercisable at $0.12 for 24 months, subject to acceleration if shares close at $0.25 or higher for five non-consecutive trading days over 365 days. Flow-through proceeds will
FinancingNew Break Outlines Planned Drilling Program at the Moray Gold Project And Comments on OJEP Assistance
A $200,000 grant was received from the Ontario Ministry of Mines under the 2024-2025 Ontario Junior Exploration Program, reimbursing 50% of eligible exploration spending from April 1, 2024 to February 28, 2025 at the 100%-owned Moray gold project, 49 km south of Timmins, Ontario; aggregate OJEP grants since April 1, 2022 total $636,224. A 2,000 to 2,500 metre summer drill program is planned, targe
Drill resultsNew Break Closes Non-Brokered Private Placement Financing
A non-brokered private placement of 6,106,000 units at $0.075 per unit closed for gross proceeds of $457,950, each unit comprising one common share and one warrant exercisable at $0.12 for 24 months, subject to acceleration if shares trade at $0.25 or higher for five non-consecutive days over 365 days. Proceeds will fund planned exploration at the Moray gold project in northern Ontario and working
FinancingNew Break Announces up to $600,000 Non-Brokered Private Placement Offering
A non-brokered private placement of up to 8,000,000 units at $0.075 per unit for gross proceeds of up to $600,000 is planned, with each unit comprising one common share and one warrant exercisable at $0.12 for 24 months, subject to acceleration if shares close at $0.25 or higher for five non-consecutive trading days over 365 days. Proceeds will fund an induced polarization survey at the Moray gold
FinancingNew Break Announces Closing of $500,700 Non-Brokered Flow-Through Financing
A non-brokered flow-through private placement closed on May 31, 2023 for proceeds of $500,700, through the issuance of 3,338,000 flow-through common shares at $0.15 per share. Finder's fees of $12,915 and 51,000 finder warrants, exercisable at $0.15 for 24 months, were paid and issued. Funds will primarily support a planned drilling program at the Moray gold project in Ontario, on the Cadillac Lar
FinancingNew Break Pursuing Young-Davidson Model at its Moray Gold Project
Trenching and stripping at the Moray gold project in northern Ontario between June and October 2022 uncovered an 80-metre-long mineralized section of north-south trending extensional quartz veining in Trench 12 and expanded the mineralized zone hosted in the Fiset syenite at Trench 1. Of 21 grab samples at Trench 12, 18 graded 1.0 g/t Au or higher, up to 70.60 g/t Au, and channel samples included
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