Business
New Break Resources Identifies New Gold Bearing Structures at the Sundog Project in Nunavut
Toronto, Ontario--(Newsfile Corp. - December 6, 2023) - New Break Resources Ltd. (CSE: NBRK) ("New Break" or the "Company") is pleased to report that the result
About this update from New Break Resources Ltd.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - December 6, 2023) - New Break Resources Ltd. (CSE: NBRK) (\"New Break\" or the \"Company\") is pleased to report that the results from rock chip and grab samples taken from the Sundog Gold Project in Kivalliq Region, Nunavut (\"Sundog\") have identified new gold bearing structures on the property, with half of the eight samples taken grading over 7.5 grams per tonne gold (\"g/t Au\") as shown in the following table: Table 1: 2023 Sundog Sample Highlights Sample ID Type Description and Location Grade (g/t Au)(1) 211954 Rock chip New quartz vein near 1987 Trench 29 7.56 211957(2) Grab Quartz vein sulfide within 1987 Trench 10 8.11 211958 Rock chip New quartz vein near 1987 Trench 10 9.68 211959 Rock chip New quartz vein near 1987 Trench 10 8.69 Grade determined through fire assay. A reference sample taken from the same location as sample 211957 exhibits visible gold on the cut surface. The samples were taken in September 2023, by a New Break field team comprised of Ken Reading, Shaun Parent, P. Geo. of Superior Exploration Ltd. and a field assistant, who confirmed access to the project area and assessed the impact of environmental changes since Reading's last visit to the property in 2013. New Break was able to reproduce a high-grade gold assay from trench 10 and most importantly, the team was able to identify previously unknown gold bearing structures adjacent to trenches 10 and 29, extending the known extent of those mineralized zones. Ken Reading originally visited Sundog on behalf of Abermin Corporation (\"Abermin\") in the summers of 1986 and 1987. During the 1987 exploration program, 38 trenches were excavated and mapped by Reading with 27 of those sampled. The trench references in this news release refer to those 1987 locations, which are shown in Figure 1 below. Some of the best assay results have come from the Trench 10 location, which was excavated at the site of the original 1962 showing discovered by Selco Exploration, and from areas represented by Trenches 17 and 29. In his June 1986 trip to Sundog, Reading took 9 grab samples, 6 from the Trench 10 area and 3 from the Trench 29 area, with the best assay being 62.8 g/t Au. In August 1986, Reading collected a further 26 rock chip and 13 panned concentrate (\"PC\") samples from Trenches 17 and 29 areas, with most t...