Gold: US$1,946.67 US$0.60
CAD$2,650.55 CAD$3.25
CSE: NBRK
Last: 0.13
Change: 0.00
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New Break Resources Ltd. (CSE: NBRK) is a Canadian mineral exploration and development company with a dual vision for value creation. In northern Ontario, New Break is focused on acquiring highly prospective gold projects in well-established mining camps, within proximity to existing infrastructure, while at the same time, through our prospective land holdings in Nunavut, we provide our shareholders with significant exposure to the vast potential for exploration success in one of the most up and coming regions in Canada for gold exploration and production.
The 100% owned Moray Gold Project (“Moray”), approximately 49 km southeast of Timmins, Ontario, covers 2,894 hectares within the world-class Abitibi greenstone belt, having compelling drill intersections of gold mineralization, including syenite hosted, that have never been followed up. Moray lies 32 km NW of the syenite hosted Young-Davidson Gold Mine, operated by Alamos Gold Inc.
The Sundog Gold Project (“Sundog”) covers approximately 9,415 hectares within the Ennadai-Rankin greenstone belt, approximately 235 km WNW of Arviat on Inuit Owned Land (“IOL”). It is characterized by high grade surface gold exposures over a minimum 2,500 x 500 m area. There are two banded iron formations (“BIF”) on the property, with the potential for Musselwhite-Meadowbank-Meliadine type mineralization.
The Esker/Noomut Gold Project is located in Kivalliq Region, Nunavut, on the eastern shoreline of South Henik Lake, approximately 176 km northwest of Arviat and 300 km southwest of Rankin Inlet. The Esker/Noomut Property comprises three claim blocks; the 1,408-hectare, gold-mineralized Esker claim, the Northern Noomut Block and the Southern Noomut Block. In aggregate, the three claim blocks are comprised of 323 units of mineral claims covering approximately 6,227 hectares.