New Break Resources Ltd. (CSE: NBRK) has announced the resumption of drilling at its 100%-owned Moray gold project, located 49 km southeast of Timmins, Ontario. The fall 2026 program, conducted by Enviro North Exploration Inc., is designed to test the Zavitz gold zone at depth and explore additional targets along the contact between hematite-altered mafic volcanics and a syenite intrusive. The announcement follows a 2025 inaugural drilling campaign that produced the company's first gold discovery at Moray, validated through subsequent fall drilling.

Key Points

  • New Break Resources Ltd. (CSE: NBRK | OTCQB: NBRKF | FSE: O91) is a Canadian mineral exploration company focused on its Moray gold project in Ontario.
  • Fall 2026 drilling has resumed at Moray, targeting hematite-altered mafic volcanics at depth and along the syenite contact.
  • The program comprises a minimum of 1,500 metres across approximately four to six drillholes; three prior holes produced grade-times-interval products exceeding 100, including 136.3 in NBR-25-05 (3.17 g/t Au over 43.0 metres) and 133.6 in NBR-26-05 (3.46 g/t Au over 38.6 metres).
  • Investors may be watching for assay results from the deepest hole ever planned for the Moray property.

Zavitz Zone Discovery and 2025–2026 Drilling History at Moray

New Break completed 12 drillholes totalling 2,924 metres during its inaugural 2025 program, with eight of those targeting the Zavitz gold zone. In 2026, the company has since completed an additional 5,372 metres across 32 drillholes, with 30 concentrated in the Zavitz zone. Three holes drilled to date have returned grade-times-interval products above 100: 136.3 in NBR-25-05 with 3.17 g/t Au from 72.0 to 115.0 metres, 133.6 in NBR-26-05 with 3.46 g/t Au from 82.0 to 120.6 metres, and 111.0 in NBR-25-09 with 1.57 g/t Au from 95.8 to 166.5 metres.

Fall 2026 Program Design and Geological Interpretation

The fall program will begin with what the company describes as the deepest hole ever drilled on the Moray property, targeting the Zavitz zone at a 70° dip to test for stacked lenses of gold mineralisation at depth. Additional holes are designed to test the mafic volcanics along the syenite contact 442 metres east-southeast of drillhole NBR-26-12 and to evaluate a northeast target near Trench 1. The company states that gold mineralisation at Moray appears primarily hosted in hematite-altered mafic volcanics along the intrusive contact, informing the revised targeting approach for this round.

Moray Property Scale and Gold Price Context

New Break initially acquired 1,857 hectares at Moray in June 2020 and has since grown the property to 29,924 hectares, 86% of which is royalty-free. The company notes that the Canadian dollar gold price has risen 131% since acquisition, from CDN$2,422 per ounce to CDN$5,600 per ounce. Moray had previously seen 9,793 metres of historical drilling by 11 operators — including Noranda, Rio Tinto, and Newmont — between 1964 and 2012 without a discovery, making New Break's 2025 Zavitz zone find a company milestone. Samples from the current program will be analysed at Activation Laboratories in Timmins, an ISO 17025-certified facility.