Mr. Michael Farrant reports

NEW BREAK RESUMES 2026 DRILLING PROGRAM AT ITS MORAY GOLD PROJECT

Drilling by Enviro North Exploration Inc. at New Break Resources Ltd.'s 100-per-cent-owned Moray gold project has resumed, as part of the planned 10,000-metre (m) 2026 drilling program. Moray is located 49 kilometres (km) south of Timmins, Ont., and 32 km northwest of the Young-Davidson gold mine operated by Alamos Gold Inc.

Earlier this year, New Break drilled 3,376 metres in 22 drill holes, with 20 of those drilled in the Zavitz gold zone, yielding further excellent intervals of gold mineralization (see news release May 13, 2026). Hole NBR-26-05 returned the best interval in the mafic volcanics of 3.46 grams per tonne (g/t) gold (Au) over 38.6 metres from 82.0 to 120.6 metres. Of possibly more significance was the fact that drilling delivered gold mineralized intervals in the syenite intrusive. Specifically, hole NBR-26-09 returned 1.31 g/t Au over 8.5 metres from 76.0 to 84.5 metres and hole NBR-26-12 returned 1.13 g/t Au over 7.5 metres from 36.0 to 43.5 metres.

This summer drilling program is expected to comprise approximately 2,500 metres in a minimum of 11 drill holes, with the first two to three drill holes designed to fill in the top of the existing mineralized zone. This is a necessary exercise, both in terms of compiling information required for mineral resource estimation and for internal analysis with respect to open-pit economics.

The remainder of the drill holes will be collared in the syenite intrusive and drilled back through the contact with the mafic volcanics to specifically test for the extension of gold mineralization into the syenite. If successful, it is expected that the mineralization will be at a lower grade than the mineralization in the mafic volcanics due to the nature of the host rock.

The Young-Davidson gold mine evolved from a relatively narrow, high-grade vein deposit into one of Canada's largest underground gold mines when deep drilling demonstrated that the adjacent syenite intrusive hosted extensive disseminated gold mineralization suitable for bulk underground mining. At Young-Davidson, it is the syenite that contains the majority of the estimated gold mineral reserve. Demonstration of the ability of the Moray intrusive to be widely mineralized, with the potential to host a large gold deposit, will be of greatest interest to a potential acquiror.

With respect to economics, lower-grade widely disseminated mineralization in a syenite intrusive can be very profitable. For example, during Q1 (first quarter) 2026, the average gold grade milled by Alamos at the Young-Davidson underground gold mine was 1.75 g/t Au. This generated $97.4-million (U.S.) of mine site free cash flow before capital expenditures, on 31,000 ounces of gold sales (source: Alamos news release April 29, 2026).

Michael Farrant, president of New Break, commented: "We are very excited to be specifically testing for gold mineralization in the syenite with this round of drilling. We know that outlining a gold mineralized zone within the syenite has the potential to be a game changer for New Break by positioning the Moray project to be a prime target for future acquisition by a larger gold producer. In my opinion, from a risk versus reward perspective, with a gold discovery in the Ontario Abitibi having already been made in a geological setting very similar to the nearby Young-Davidson mine, New Break continues to offer one of the best investment opportunities in the junior mining sector."

QA/QC (quality assurance/quality control) procedures and qualified person

QA/QC procedures will be executed to ensure all work is conducted in accordance with best practices. Samples from this drilling program will be analyzed at Activation Laboratories in Timmins, Ont., which is ISO 17025 certified. Peter C. Hubacheck, PGeo, consulting geologist to New Break and a qualified person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure in this news release.

About New Break Resources Ltd.

New Break is a Canadian mineral exploration company focused on its Moray gold project, located 49 km south of Timmins, Ont., in a well-established mining camp within proximity to existing infrastructure and 32 km northwest of the Young-Davidson gold mine, operated by Alamos Gold. Shareholders are also leveraged to exploration success in Nunavut, Canada, through New Break's 20-per-cent carried interest in the Sundog gold project and ownership of 6.0 million shares of Guardian Exploration Inc. The company is supported by a highly experienced team of mining professionals.

New Break trades in Canada on the Canadian Securities Exchange under the symbol NBRK, in the United States on the OTCQB Venture Market under the symbol NBRKF and on the Frankfurt Stock Exchange under the symbol O91.

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