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Capitan Silver Intersects 1,450.5 g/t Silver Equivalent over 1.5 Metres, Within a Wider Zone of 211.0 g/t Silver Equivalent over 41.1 Metres at the Cruz De Plata Project

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Capitan Silver Intersects 1,450.5 g/t Silver Equivalent over 1.5 Metres, Within a Wider Zone of 211.0 g/t Silver Equivalent over 41.1 Metres at the Cruz De Plata Project

 

 

 

 

 

Capitan Silver Corp. (TSX-V: CAPT) (OTCQX: CAPTF) is pleased to report assay results from its 2025 reverse circulation drill program at its Cruz de Plata silver-gold project, located in Durango, Mexico. The Company is reporting assay results from ten drill holes.

 

Highlights:

 

  • Discovery of another new high-grade silver zone developing at depth along the Jesus Maria Silver Trend, 240m west of the Peñoles Fault
    • Drill hole 25-ERRC-52 returned multiple high-grade silver intercepts including:
      • 1,450.5 g/t AgEq over 1.5m, within a broader zone of 1,131.5 over 3.0m
      • 468.3 g/t AgEq over 4.6m
      • 574.6 g/t AgEq over 3.0m
      • All contained within a broad interval of 211.0 g/t AgEq over 41.1m
    • 25-ERRC-52 extended mineralization by 25m down-dip along section from previously reported drill hole JEMA-02
      • JEMA-02 (completed by previous operator Minera Fresnillo S. A. de C. V., see Capitan news release dated December 6, 2022) intersected 531.06 g/t AgEq over 1.3m, within a broader zone of 213.9 g/t AgEq over 6.85m, within a wider interval of 93.3 g/t AgEq over 29m
  • Drill holes 25-ERRC-52 and previously reported drill hole 25-ERRC-38 (see Capitan news release dated Feb 26, 2026) show evidence that mineralized silver zones have the potential to get wider at depth and intercept multiple high-grade zones
    • Capitan’s most advanced target at the Cruz de Plata Project, the Jesus Maria Silver Trend, has only been drilled to an average depth of 188m along 2.5km of a 3.7km strike
    • A key objective of the Company’s 60,000m drill program will be to extend mineralization to depth along the Jesus Maria Silver Trend
  • Additional drilling along the Jesus Maria Silver Trend, west of the Peñoles Fault, returned strong silver grades, extended mineralization at depth, and confirms continuity along strike
    • Drill hole 25-ERRC-48 intersected multiple zones with strong silver values, including:
      • 220.1 g/t AgEq over 1.5m, within a broader zone of 156.8 g/t AgEq over 3.0m
      • 175.3 g/t AgEq over 3.0m, within a broader zone of 86.4 g/t AgEq over 15.2m
    • Drill hole 25-ERRC-48 extended mineralization 50m down-dip from previously announced drill hole 25-ERRC-25
      • 25-ERRC-25 (see Capitan news release dated November 11, 2025) intersected 687.4 g/t AgEq over 1.5m, within a wider interval of 250.3 g/t AgEq over 6.1m
  • Drilling on eastern side of the Peñoles Fault extends silver mineralization
    • Drill hole 25-ERRC-44 returned multiple mineralized intervals, including 256.3 g/t AgEq over 3.0m
  • New gold zone discovered to the north of the Jesus Maria Silver Trend, to the north of the Gully Fault, and in close proximity to the Capitan Hill oxide gold deposit
    • Drill hole 25-JMRC-27 intersected 0.44 g/t Au over 24.4m
  • 60,000m multi-rig drill program continues to gather momentum: drilling is ramping up at Cruz de Plata, with three (3) of four (4) rigs now on site. The fourth rig is expected to arrive on site in the coming weeks. The Company’s 2026 drill program will be comprised of three diamond (core) rigs and one RC rig
  • Catalysts: Final assays pending for 38 drill holes
    • 24 – RC holes
    • 14 – Core holes
  • Property-wide airborne geophysical survey completed; results expected in Q2 2026. These results will assist with definition of deeper targets property-wide

 

Alberto Orozco, CEO of Capitan Silver, commented:

 

“Drilling at Cruz de Plata continues to deliver high-grade results. These recent assays not only continue to identify new high-grade zones of mineralization but also expand previously identified mineralization along strike and at depth and demonstrate excellent continuity.

 

Additionally, I am excited by what we are seeing in terms of silver mineralization at depth. Specifically, drill holes 25-ERRC-52 and 25-ERRC-38, which show that as we go deeper, we are seeing mineralized zones getting larger and intersecting multiple high-grade vein structures. Given the nature of intermediate sulfidation epithermal systems — which are known to have deep roots — these results signal the potential for greater scale at depth, which we will be drill testing this year with diamond core rigs.”

 

Figure 1: Drill Plan Map

 

Discussion of Drill Results

 

Drilling at the Company’s Cruz de Plata silver-gold project is ongoing, with the results reported in this release from several areas on the property, including the Jesus Maria Silver Trend (both west and east of the Peñoles Fault), the San Rafael area, as well as testing new targets along the Gully Fault. The most significant development is the discovery of a new zone of high-grade silver mineralization at depth, located approximately 240m west of the Peñoles Fault and 130m west of a previously reported new high-grade silver zone developing on the Jesus Maria Silver Trend, on the west side of the Peñoles Fault.

 

Drill hole 25-ERRC-52 (see Figure 2) was collared at the same location as previously reported drill hole JEMA-02 which was drilled by its previous owner, Minera Fresnillo S. A. de C. V. (a wholly owned subsidiary of Fresnillo plc) and was subsequently acquired by Capitan in 2022 (see Capitan news release dated December 6, 2022). Previously reported drill hole JEMA-02 intersected 531 g/t AgEq over 1.3m within 214 g/t AgEq over 6.85m, within a wider zone of 93 g/t AgEq over 29m.

 

Drill hole 25-ERRC-52 returned a wide, strong zone of silver mineralization, with several significant high-grade intervals including 1,450.5 g/t AgEq over 1.5m, within a wider zone of 1,131.5 g/t AgEq over 3.0m, 468.3 g/t AgEq over 4.6m, and 574.6 g/t AgEq over 3.0m, all within a broad interval of 211.0 g/t AgEq over 41.1m. This hole extended mineralization down-dip approximately 25m from drill hole JEMA-02, with the zone remaining open along strike and at depth. The diamond drill rig is currently completing additional drilling in this area, with results pending.

 

Figure 2: Cross section, drill hole 25-ERRC-52

 

Additional drilling along the Jesus Maria Silver Trend west of the Peñoles Fault continued to grow mineralization at depth, as well as increase confidence and continuity of mineralization along strike. Drill holes 25-ERRC-39, 25-ERRC-40, 25-ERRC-41, 25-ERRC-48, and 25-ERRC-51 all targeted down-dip, on-section extensions of mineralization along this trend. All drill holes returned multiple intervals of silver mineralization and extended mineralization to depth, along section between 20m to 50m, with the best values returned from holes 25-ERRC-48 and 51. Drill hole 25-ERRC-48 (see Figure 3) intersected 220.1 g/t AgEq over 1.5m, within 156.8 g/t AgEq over 3.0m, 175.3 g/t AgEq over 3.0, within 86.4 g/t AgEq over 15.2m, and drill hole 25-ERRC-51 intersected 171.8 g/t AgEq over 4.6m and 175.7 g/t AgEq over 3.0m

 

 Figure 3: Cross section, drill hole 25-ERRC-48

 

Drilling at the Jesus Maria Silver Trend east of the Peñoles Fault continued to indicate that this area consists of multiple, sub-parallel zones of silver mineralization with strong silver grades. Drill hole 25-ERRC-44 intersected multiple zones of silver mineralization, over broad widths with higher-grade cores. Results include 256.3 g/t AgEq over 3.0m, within a broader zone of 181.3 g/t AgEq over 4.6m and 138 g/t AgEq over 1.5m, within a wider interval of 63.5 g/t AgEq over 9.1m, as well as 117.3 g/t AgEq over 1.5m, within a broader zone of 78.8 g/t AgEq over 4.6m. RC drilling in 2026 is focusing on this area, and has continued to build out this zone to the east, as well as testing additional trends to the north.

 

Evidence of Strong Silver Mineralization at Depth at the Jesus Maria Silver Trend

 

Given that the Cruz de Plata project is an intermediate sulphidation epithermal system, and that these systems have the potential for strong vertical continuity, there is an interesting opportunity for silver mineralized zones to widen at depth. Both drill hole 25-ERRC-52 and previously reported drill hole 25-ERRC-38 (see Figures 2 and 4) illustrate this opportunity, with broad silver mineralized zones intersecting multiple veins with higher silver grades being encountered at depth.

 

Thus far, the average hole depth for the 2025 program is 188m with a median depth of 173m, indicating that the majority of the drilling at Cruz de Plata is still relatively shallow, and remains open to expansion at depth. One of the key objectives of the 60,000m drill campaign that has been announced for 2026 is to extend silver mineralization to depth along the Company’s most advanced target, The Jesus Maria Silver Trend.

 

Figure 4: Cross sections of drill holes 25-ERRC-38 and 34

 

Discovery of New Gold Zone

 

Drill hole 25-JMRC-27 intersected a new zone of gold mineralization over significant widths. Results include 0.44 g/t Au over 24.4m, with additional gold mineralization intersected by drill hole 25-JMRC-28. This style of gold mineralization has been documented in the footwall where Jesus Maria intersects the Gully Fault. While not a focus of the program at this time, this new gold zone could present additional optionality for the Company due to its proximity to the Capitan Hill oxide gold deposit, where the Company delineated a pit-constrained inferred Mineral Resource of 525,000 ounces of gold at a grade of 0.4 g/t Au (see Capitan news release dated December 5, 2025).

 

Change of Analytical Laboratory

 

The Company also reports that it has engaged SGS Canada to be the primary laboratory for all drill hole and surface samples going forward. This decision ensures that all sample preparation and analysis remain in Mexico, within 3 hours of the project site. This shift is expected to help significantly streamline the analysis sequence, resulting in faster turnaround times as the 2026 drilling program continues to ramp-up.

 

Table 1: Drill Results

 

Hole ID From
(m)		 To (m) Interval
(m)		 Ag Eq Rec
(g/t)		 Ag (ppm) Au
(ppm)		 Pb (%) Zn (%)
25-ERRC-39
Interval 56.4 57.9 1.5 71.9 28.3 0.012 0.201 1.140
Interval 86.9 91.4 4.6 67.4 51.8 0.073 0.113 0.308
including 89.9 91.4 1.5 151.9 125.1 0.019 0.214 0.793
Interval 178.3 179.8 1.5 74.6 30.0 0.197 0.179 0.817
25-ERRC-40
Interval 6.1 9.1 3.0 37.2 32.5 0.067 0.015 0.050
Interval 54.9 56.4 1.5 34.3 29.7 0.055 0.008 0.069
Interval 59.4 61.0 1.5 27.0 18.9 0.008 0.103 0.169
Interval 71.6 73.2 1.5 60.5 50.1 0.044 0.103 0.220
Interval 125.0 128.0 3.0 37.7 28.3 0.081 0.068 0.107
Interval 187.5 189.0 1.5 26.6 9.7 0.125 0.137 0.148
25-ERRC-41
Interval 0 4.6 4.6 26.3 20.6 0.071 0.013 0.048
Interval 13.7 15.2 1.5 52.7 43.4 0.150 0.018 0.032
Interval 19.8 21.3 1.5 28.7 21.8 0.105 0.004 0.027
Interval 59.4 61.0 1.5 57.2 36.5 0.044 0.241 0.386
Interval 70.1 73.2 3.0 41.4 36.0 0.021 0.078 0.116
Interval 96.0 97.5 1.5 32.8 9.8 0.033 0.125 0.525
Interval 147.8 149.4 1.5 131.3 93.0 0.039 0.587 0.726
Interval 158.5 160.0 1.5 66.7 68.4 0.014 0.012 0.031
Interval 211.8 213.4 1.5 26.9 5.6 0.187 0.161 0.124
25-ERRC-44
Interval 65.5 70.1 4.6 181.3 183.0 0.111 0.008 0.041
including 65.5 68.6 3.0 256.3 261.0 0.130 0.012 0.052
Interval 74.7 76.2 1.5 33.7 11.2 0.328 0.001 0.017
Interval 91.4 100.6 9.1 63.5 54.2 0.170 0.006 0.019
including 97.5 99.0 1.5 138.0 128.3 0.234 0.011 0.030
Interval 141.7 146.3 4.6 78.8 67.6 0.183 0.038 0.048
including 143.2 144.8 1.5 117.3 107.7 0.170 0.070 0.070
Interval 214.9 217.9 3.0 79.6 74.1 0.081 0.037 0.099
25-IPRC-01
Interval 88.4 89.9 1.5 50.8 19.7 0.466 0.001 0.005
Interval 146.3 147.8 1.5 72.8 70.7 0.075 0.015 0.024
Interval 271.3 272.8 1.5 54.1 51.1 0.022 0.046 0.096
Interval 278.9 280.4 1.5 59.9 29.4 0.025 0.085 0.829
Interval 300.2 301.8 1.5 44.0 19.1 0.024 0.365 0.416
Interval 307.8 309.4 1.5 35.6 10.7 0.009 0.284 0.499
Interval 315.5 317.0 1.5 25.6 25.1 0.014 0.014 0.020
25-JMRC-27
Interval 21.3 45.7 24.4 38.1 6.4 0.436 0.004 0.059
Interval 50.3 51.8 1.5 26.4 23.0 0.018 0.006 0.098
Interval 106.7 108.2 1.5 32.8 15.8 0.134 0.091 0.180
25-JMRC-28
Interval 0 1.5 1.5 45.5 16.4 0.234 0.150 0.287
Interval 27.4 30.5 3.0 33.5 10.1 0.310 0.013 0.070
Interval 36.6 42.7 6.1 26.8 8.5 0.178 0.024 0.172
Interval 114.3 115.8 1.5 53.2 18.8 0.488 0.030 0.033
25-ERRC-48
Interval 59.4 61.0 1.5 31.9 30.0 0.047 0.005 0.011
Interval 83.8 85.3 1.5 27.4 21.0 0.089 0.004 0.042
Interval 140.2 143.3 3.0 156.8 153.0 0.162 0.018 0.039
including 140.2 141.7 1.5 220.1 228.0 0.052 0.021 0.048
Interval 169.2 184.4 15.2 86.4 60.3 0.105 0.192 0.503
including 176.8 179.8 3.0 175.3 153.0 0.175 0.120 0.472
Interval 196.6 198.1 1.5 147.6 121.0 0.343 0.232 0.112
Interval 228.6 230.1 1.5 31.3 26.0 0.006 0.046 0.151
Interval 245.4 246.9 1.5 46.0 37.0 0.010 0.019 0.294
Interval 254.5 257.6 3.0 50.6 39.5 0.039 0.065 0.264
25-ERRC-51
Interval 13.7 19.8 6.1 45.8 43.8 0.057 0.004 0.018
Interval 41.1 42.7 1.5 43.5 35.0 0.149 0.002 0.009
Interval 62.5 73.2 10.7 84.8 82.9 0.063 0.017 0.062
including 68.6 73.2 4.6 171.8 172.7 0.080 0.034 0.090
Interval 85.3 86.9 1.5 35.3 35.0 0.016 0.006 0.033
Interval 91.4 99.1 7.6 104.3 99.8 0.087 0.042 0.096
including 93.0 96.0 3.0 175.7 170.5 0.143 0.071 0.110
Interval 140.2 143.3 3.0 74.3 75.5 0.022 0.016 0.041
Interval 161.5 163.1 1.5 55.3 54.0 0.023 0.012 0.076
25-ERRC-52
Interval 25.9 27.4 1.5 80.2 28.0 0.777 0.003 0.011
Interval 44.2 45.7 1.5 74.0 70.0 0.105 0.004 0.025
Interval 59.4 62.5 3.0 62.7 59.0 0.082 0.015 0.036
Interval 73.2 74.7 1.5 33.0 22.0 0.177 0.001 0.004
Interval 138.7 179.8 41.1 211.0 192.7 0.163 0.249 0.341
including 149.4 152.4 3.0 574.6 517.0 0.515 0.831 0.878
including 157.0 161.5 4.6 468.3 391.0 0.595 0.805 1.095
including 169.2 172.2 3.0 1,131.5 1,143.0 0.188 0.605 0.801
and including 170.7 172.2 1.5 1,450.5 1,462.0 0.259 0.771 1.080
Interval 225.6 227.1 1.5 31.2 12.0 0.005 0.061 0.524

 

Metal Recovery: Ag 94%, Au 86%, Pb 93.5%, Zn 92%
AgEq considers Ag, Au, Pb and Zn and calculated as follows: AgEq = Ag g/t + (80x Au g/t) + (0.003 x Pb g/t) + (0.0037 x Zn g/t). High grades have not been capped. RC Drill samples have been analysed by Bureau Veritas using the following codes: MA300, 4-acid digestion, multi-element analysis (Vancouver Lab). Au is analyzed using Fire Assay (FA430, Hermosillo Lab). Overlimit (>200 ppm Ag) assays utilize method MA370, with gravimetric utilized for any overlimit thereafter. RC Drill samples have also been sent to SGS labs in Durango for Fire assay and Four-acid Multi-element analysis using the following codes: GE-FAA30V6 and GEICP40Q12, with over assays using the following codes: GO_FAG37V for Au and Ag. QAQC: Capitan Silver maintains a rigorous QAQC program and inserts multiple standards, blanks and duplicates into the sample stream at regular intervals. Check Assays will be performed at ALS laboratories in Zacatecas, Mexico. True widths along the Jesús María Trend are estimated to be 70-90% of the drilled width. At new drill targets/discoveries, true widths are unknown. Intervals are calculated at a 25 g/t AgEq cut-off and are cut at a maximum of 3 metres of internal dilution. Some numbers may not sum correctly due to rounding.

 

Qualified Person

 

The scientific and technical information in this news release has been reviewed and approved by Marc Idziszek, P.Geo, Vice President Exploration of Capitan, and a “qualified person” (with the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects).

 

About Capitan Silver Corp.

 

Capitan Silver is defining a new high-grade silver system at its Cruz de Plata project, located in the heart of Mexico’s primary silver belt. The Company is led by a proven and accomplished management team that has previously advanced three projects into production, on time and on budget. The Company has been diligent in maintaining a tight share structure and has one of the tightest share structures among its peer group, with the top three shareholders owning approximately 37% of the Company’s share capital. Capitan Silver is fully funded and actively drilling at its Cruz de Plata silver project.

 

Posted April 1, 2026
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New Break Resources Ltd. (CSE: NBRK) (OTCQB: NBRKF) (FSE: O91) has received results from the last four holes of a ten-hole, 1,996 metre summer drilling program in the Zavitz gold zone at the Company's 100% owned Moray gold project. In total, New Break has completed 5,372 metres of drilling in 32 drillholes in 2026. Moray is located 49 km southeast of Timmins, Ontario and 32 km northwest of the Young-Davidson gold mine operated by Alamos Gold Inc. Select results from the final four of ten holes drilled in the summer drilling program are presented below in Table 1, while drillhole collar locations are detailed in Table 2 in Appendix A. Table 1 – Moray Summer 2026 Final Drill Results Hole ID Length (m) From (m) To (m) Width (1) (m) Au Grade (2) (g/t) NBR-26-29 322.0 77.3 78.8 1.5 0.42 and 138.0 139.1 1.1 0.38 and 162.5 173.3 10.8 (3) 1.61 and 227.4 229.0 1.6 1.21 and 231.5 232.1 0.6 1.72 NBR-26-30 250.0 37.0 38.0 1.0 0.30 and 102.8 103.5 0.7 0.60 and 121.5 122.5 1.0 0.36 and 124.5 125.5 1.0 0.33 and 128.5 129.0 0.5 0.90 and 131.0 132.0 1.0 0.36 and 169.8 174.0 4.2 2.65 and 178.0 179.5 1.5 0.77 and 183.5 186.6 3.1 1.22 and 190.0 190.5 0.5 1.06 and 191.5 192.5 1.0 1.48 and 196.0 200.5 4.5 2.53 and 203.5 204.0 0.5 2.15 and 206.5 212.0 5.5 1.57 NBR-26-31 274.0 169.0 170.5 1.5 0.37 and 184.5 186.0 1.5 0.51 and 197.0 200.0 3.0 0.94 and 201.5 202.0 0.5 0.50 and 203.5 210.0 6.5 (3) 3.12 NBR-26-32 352.0 73.5 74.0 0.5 0.44 and 174.0 174.6 0.6 0.52 and 194.0 195.0 1.0 0.66 and 199.8 203.3 3.5 2.29 and 227.3 228.0 0.7 0.97 (1) Intervals are drill intersections and do not necessarily represent true widths. (2) All intervals are presented using a cut-off grade of 0.3 g/t Au and internal dilution of no more than 1.0 metres at grades less than 0.3 g/t Au and assays are not capped (see QA/QC Procedures). (3) Drill core photos shown in Appendix B. Figure 1 – Newly Reported Drillholes NBR-26-29, 30 Figure 2 – Newly Reported Drillholes NBR-26-30, 31, 32 Note: The bottom of NBR-26-30 deviated southeast and is represented in both sections. Figure 1: Section B-B1 incorporates drillholes NBR-26-06, 07, 08, 25, 26, 27, 28, 29 and part of 30. Gold mineralization extends southeast into the syenite as exhibited in NBR-26-29. NBR-26-30 is identified in both sections A-A1 and B-B1 as the drillhole was collared along section A-A1 but deviated southeast, intersecting gold mineralization in the mafic volcanics in section B-B1. Figure 2: A-A1 incorporates drillholes NBR-26-03, 04, 05, 23, 24, 30, 31 and 32. NBR-26-31 exhibits gold mineralization both within the syenite (at the contact) and within a "flow breccia" within the hematite altered mafic volcanic at the contact. NBR-26-32 is typified by blocky faulted ground with lamprophyre dykes and gold mineralization in the hematite altered mafic volcanics in a brecciated quartz vein with angular syenitic fragments. William Love, Chief Executive Officer of New Break commented, "Ongoing drilling this summer in the Zavitz gold zone continues to deliver significant gold values, with gold mineralization intercepted in every drillhole. As depicted in Figures 1 and 2, gold mineralization has been encountered predominantly within the mafic volcanics. Importantly, drillholes NR-26-29 and NR-26-32, the deepest drilled to date, demonstrate that gold mineralization extends into the syenite to the southeast at the contact with the mafic volcanics." He further noted, "The intrusive-mafic volcanic contact in the Zavitz gold zone has a distinctive magnetic high. This could be reflective of the higher proportion of iron in these mafic volcanics, which is associated with the higher gold values. This same magnetic and IP signature has been identified elsewhere in areas also believed to be along the intrusive-mafic volcanic contact. Drilling these never before tested targets with the goal of identifying gold mineralization similar to that encountered in the Zavitz zone represents the potential for significantly expanding the Moray gold discovery. There is also the belief that the Zavitz zone could represent the first of a series of stacked mineralized gold zones, which would point to the potential for a much larger gold system at depth. We plan to test this through deeper drilling directly into the Zavitz zone." About the Moray Gold Project The Moray property is located in the heart of the Ontario Abitibi greenstone belt, 49 km southeast of Timmins surrounded by a number of significant gold producing companies and existing mills (see Figure 3). The Young-Davidson gold mine operated by Alamos Gold Inc., with its 8,000 tonne per day mill is the closest and within a short trucking distance of approximately 45 km by road from Moray. The understanding of gold mineralization at Moray continues to evolve with each round of drilling. The occurrence of gold mineralization extending into the syenite to the southeast of the Zavitz zone and in the deepest drillholes is noteworthy given the presence of syenite-hosted mineralization at Young-Davidison. More recent examination of the drill core also suggests that the gold mineralization discovered to date may resemble an intrusion related style of deposit like Agnico Eagle's Upper Beaver gold deposit east of Kirkland Lake, as opposed to a structurally hosted gold system. Both Young-Davidson and Upper Beaver host multi-million ounce gold deposits. Figure 3 – Moray Location Map: Surrounding Gold Producers and Upper Beaver Gold Project Technical Content and Qualified Person The scientific and technical information contained in this news release has been reviewed and approved by Peter C. Hubacheck, P. Geo, consulting geologist to New Break, and an independent Qualified Person as defined by National Instrument 43-101. Mr. Hubacheck certifies that this news release fairly and accurately reflects the technical information and data presented. New Break conducts its exploration activities in accordance with CIM Best Practices Guidelines. QA/QC Procedures QA/QC procedures were executed to ensure all work is conducted in accordance with best practices. All drill core was sawn in half with one half of the core prepared for shipment and the other half retained for future verification. All core is under watch from the drill site to the core processing facility. Drill core is BQTK size and sample intervals range from 0.5 metres to 1.0 metres in length. Commercially prepared certified reference material ("CRM") standards and blanks were inserted with each shipment at a rate of 1 QAQC sample in every 12 core samples. Samples from New Break's 2026 Moray drilling program were analyzed at Activation Laboratories in Timmins, Ontario, which is ISO 17025 certified, by 30-gram fire assay with atomic absorption finish. Any sample assaying greater than 10.0 g/t Au was re-assayed with fire assay gravimetric analysis. Grade composite intervals over core lengths are calculated using a weighted average grade with a cut-off grade of 0.3 g/t Au. Up to 1.0 m of internal dilution (consecutive interval below cut-off grade) are included within specific geologic domains and alteration assemblages, except as otherwise noted. The composites are constrained geologically by metasomatic alteration processes sourcing from the Fiset syenite intrusion and contact mafic volcanic rocks. Elevated gold values are coincident with hematite, silica, sericite and pyrite mineralization within structurally prepared brecciated corridors flanking the intrusion. Intervals are not true widths and no top cutting has been applied to the higher gold values. About New Break Resources Ltd. New Break is a Canadian mineral exploration company focused on its Moray gold project located 49 km southeast of Timmins, Ontario, 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 Inc. Shareholders are also leveraged to exploration success in Nunavut, Canada, through New Break's 20% carried interest in the Sundog gold project and ownership of 6.0 million shares of Guardian Exploration Inc. (TSXV: GX). The Company is supported by a highly experienced team of mining professionals. Appendix A – Drillhole Data and Locations Table 2 – Moray Summer 2026 Drillhole Collar Locations Hole ID Length (m) UTM Easting UTM Northing UTM Elevation Azimuth (degrees) Dip (degrees) NBR-26-29 322.0 492703 5320285 363 220 -70 NBR-26-30 250.0 492708 5320329 363 220 -47 NBR-26-31 274.0 492708 5320329 363 220 -60 NBR-26-32 352.0 492708 5320329 363 220 -70 Total 1,198.0 Coordinates are reported in UTM Zone 17 North, with units in metres. Figure 4 – Zavitz Gold Zone – Surface Traces of 2025 and 2026 Drillholes. All of the drilling at Moray has been completed by Enviro North Exploration Inc. out of Sturgeon Falls, Ontario. Drilling in the Zavitz gold zone is shown in figure 4, with the 1,996 metres in 10 holes drilled this summer depicted in red, the 2,807 metres in 20 holes drilled from January to April 2026 shown in blue and the 1,817 metres in 8 holes drilled in 2025 shown in black. In total, 6,620 metres in 38 drillholes have been completed in the Zavitz gold zone, while New Break has completed a total of 5,372 metres in 32 drillholes of our planned 2026, 10,000 metre drilling program. Appendix B – Drill Core Photos From NBR-26-29 and NBR-26-31

New Break Resources Ltd. (CSE: NBRK) (OTCQB: NBRKF) (FSE: O91) ha... READ MORE

September 16, 2026

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