Key facts
| Company | New Break Resources Ltd. (CSE: NBRK) |
|---|---|
| Commodity | Gold |
| Location | Nunavut, Canada |
| Stage | Early exploration |
News releases8 on file
Guardian Exploration Concludes 2025 Field Work at Sundog Gold Project; Reports Preliminary High Grade Gold Results
The 2025 field program at the Sundog Gold Project in Nunavut's Kivalliq Region, run September 1 to October 7, 2025, collected 248 rock samples including 86 cut channel samples from historic trenches 8, 9B, 10, 17 and 29, with grab and channel values up to 34.45 g/t Au by PhotonAssay. Trench 10 vein-hosted gold mineralization was extended from 15.5 m in 1987 to at least 40 m. Screen metallic fire a
Drill resultsNew Break Completes Sale of Sundog Gold Project in Kivalliq, Nunavut
The sale of New Break's 100% interest in the 9,415 hectare Sundog gold project in Nunavut's Kivalliq Region, plus exploration data and 60 drums (12,300 litres) of Jet A fuel, to Guardian Exploration Inc. closed effective April 30, 2025. Consideration was $75,000 cash, 5,000,000 Guardian common shares held until August 31, 2025, and reimbursement of $18,830 in 2025 annual rent paid to Nunavut Tunng
AcquisitionNew Break Signs Definitive Agreement to Sell the Sundog Gold Project in Kivalliq, Nunavut
A definitive agreement has been signed with Guardian Exploration Inc. (TSX-V: GX) to sell New Break's 100% interest in the mineral rights and exploration data for the 9,415 hectare Sundog gold project in Nunavut's Kivalliq Region, held under an Inuit Owned Lands Mineral Exploration Agreement, plus 60 drums (12,300 litres) of JetA fuel in Arviat. Consideration is $75,000 cash, 5,000,000 Guardian sh
AcquisitionNew Break Provides Corporate Update William Love Appointed as CEO and Director and Michael Farrant as President and CFO
William Love, formerly VP Exploration, has been appointed CEO and a director, replacing Ashley Kirwan, while Michael Farrant remains President and takes on CFO and Corporate Secretary roles from Jim O'Neill; directors Michael Skutezky and Gordon Morrison have also resigned. The sale of an 80% interest in the Sundog gold project, Kivalliq, Nunavut, to Guardian Exploration for $75,000 cash, 5.0 mill
ManagementNew Break Signs LOI to Sell the Sundog Gold Project in Kivalliq Region, Nunavut
A non-binding LOI has been signed with Guardian Exploration Inc. (TSX-V: GX) to sell New Break's 100% interest in the mineral rights and exploration data for the 9,415 hectare Sundog gold project in the Kivalliq Region, Nunavut, plus 205 drums of JetA fuel in Arviat, for $75,000 cash and 5,000,000 Guardian common shares. New Break retains a 20% undivided interest carried to production, while Guard
AcquisitionNew Break Announces up to $1 Million Non-Brokered Private Placement Offering
A non-brokered private placement of up to $1 million is planned, comprising 3,750,000 units at $0.08 for up to $300,000 and 7,000,000 flow-through units at $0.10 for up to $700,000, plus an over-allotment option for 1,250,000 additional units that would raise unit proceeds to $400,000. Each unit carries a warrant exercisable at $0.12, and each FT unit a warrant at $0.15, both for 24 months. Procee
FinancingNew Break Identifies New Gold Bearing Structures at the Sundog Project in Nunavut
Rock chip and grab sampling at the Sundog Gold Project in the Kivalliq Region, Nunavut returned four of eight samples grading above 7.5 g/t Au, including 9.68 g/t Au, 8.69 g/t Au and 8.11 g/t Au from a quartz vein sulfide in 1987 Trench 10, with new gold-bearing quartz veins identified adjacent to Trenches 10 and 29. The samples were collected in September 2023. A summer 2024 field season is plann
Drill resultsProspecting Legend Ken Reading Returns to New Break’s Sundog Gold Project at Age 93
A field team including prospector Ken Reading, Shaun Parent, P. Geo., and a field assistant visited the Sundog Gold Project in the Kivalliq Region, Nunavut, in September 2023, accessing the site by float plane from Thompson, Manitoba, to confirm access, reproduce historical gold assays from a small sample of historical trenches, and sample previously unsampled vein structures. Assay results from t
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