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 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.
The mineral rights for the Northern and Southern Noomut claim blocks were staked in February 2021, while the Esker Claim was staked in July 2021. They are owned by the Crown and managed by the federal Government of Canada through the Department of Crown-Indigenous Relations and Northern Affairs Canada (“CIRNAC”). The surface rights are managed by the Kivalliq Inuit Association (“KIVIA”) requiring an access agreement to perform exploration work.
Like New Break’s other Nunavut mineral properties, the Esker/Noomut Gold Project forms part of the Henik Group, central Ennadai-Rankin Archean greenstone belt. This prolific greenstone belt is exposed in an area 700 km x 200 km forming the second largest greenstone belt in Canada, second only to the Abitibi greenstone belt in Ontario and Quebec, which has yielded over 180 million ounces of gold.
The Significance of the Esker Claim
New Break targeted the Esker/Noomut claims for on-line staking due to the prolific historical exploration results on the Esker claim. Unfortunately, when the Nunavut Map Selection System went live on January 31, 2021, the Esker claim was not available for staking. In July 2021, the Company’s diligence paid off and New Break was able to stake this significantly important claim after identifying that it had come open for staking.
New Break later learned that another mining company, thinking that they were the owners of the Esker claim, had completed a sizeable exploration program on the Esker claim including, collection of four surface grab samples, locating all 18 historical diamond drill holes (3,220 metres of drilling), collection and assaying of 18 diamond drill samples from seven drill holes, in which they found good correlation to historical drill results and submitting all necessary documentation to the Nunavut Impact Review Board for the purpose of becoming fully permitted to run a drilling program on the Esker claim and on a nearby property in 2021-2022.
New Break considers these events as unquestionable validation of the Company’s rationale for targeting the Esker claim in particular for gold exploration and more broadly, supportive of New Break’s views on the potential for significant exploration success within the Ennadai-Rankin greenstone belt in Kivalliq Region, Nunavut, which is also host to the Company’s Sundog, Sy and Angikuni Lake Projects.
Esker Gold Occurrence
The Esker claim lies to the east of the eastern shoreline of South Henik Lake and is contiguous with the Northern Noomut claim block. The Esker gold occurrence is located approximately 1.5 km south of the Northern Noomut claim block, where gold mineralization is associated with quartz veins within deformed gabbro dykes and an altered granitic intrusion. In 1997, Comaplex Minerals Corp. (“Comaplex”) conducted ground geophysical surveys, geological mapping, diamond drilling and prospecting with most of the work concentrated at the Esker Main gold occurrence. A grid totaling 2.85 line-km was also established at the Esker III gold occurrence. Surface samples collected at the Esker Main occurrence included a grab sample assaying 55.5 g/t Au.
18 diamond drill holes have been completed at Esker for a total of 3,220 metres of drilling. Assay results from the 7-hole, 1,319 metre 1997 drilling program on the Esker property completed by Comaplex included the following intersections (not true widths):
- 2.35 g/t Au over 70.95 metres – hole 97-13;
- 8.18 g/t Au over 13.27 metres – hole 97-15;
- 4.00 g/t Au over 5.57 metres – hole 97-16;
- 7.24 g/t Au over 5.0 metres – hole 97-23.
All of the preceding intervals were recovered from between 10 and 155 metres below surface.
Northern and Southern Noomut Claims
There has been little recorded exploration directly on the Northern and Southern claim blocks. Exploration has been concentrated on the known gold occurences contigous to the Northern and Southern claim blocks on the Esker gold occurrence in the north and on the Ironside and Napartok gold occurences in the south. New Break does not control the claims associated with the Ironside and Napartok gold occurences.
Nearby Properties - Ironside and Napartok Gold Occurences
In 1996, Comaplex conducted airborne and ground geophysical surveys covering parts of the Northern and Southern claim blocks. A helicopter‐borne airborne geophysics survey consisting of magnetics and electromagnetics (“EM”) totaled 2,930.5 line‐km. Four (4) grids were laid out in 1996 which consisted of the 3 grids that made up the Napartok gold occurrence (Napartok Central, Napartok East, and Napartok West) and the Ironside grid, which was originally established in 1995. Ground geophysics was done on all four grids which entailed a Total Field Magnetic survey along with a Horizontal Loop Electromagnetic survey (“HLEM”).
In 1997 The Napartok Central grid was extended by adding an additional 19.77 line‐km. Ground geophysical surveys were only completed at the Napartok Central grid, which included a magnetics survey totaling 19.77 line‐km, a HLEM survey totaling 9.58 line‐km and an Induced Polarization survey totaling 1.6 line‐km.
During 1996, completed a diamond drilling program which consisted of 5 holes at Ironside totaling 667 metres and 7 at Napartok totaling 926 metres. Three of the holes drilled at the Ironside gold occurrence intersected anomalous gold mineralization including hole IR96‐1, which intersected 5.75 g/t Au over 3.0 metres. Of the 7 holes drilled at the Napartok gold occurrences, 4 were drilled at Napartok Central, which yielded the best intersections including 18.3 g/t Au over 3.0 metres in hole NK96‐6 and 9.2 g/t Au over 2.5 metres in hole NK96‐7. Visible gold was present in all 7 drill-holes.
In total, between 1994 and 2002, Comaplex collected over 1,500 surface samples, 692 till samples, and 1,600 core samples from 39 drill holes in the South Henik Lake area, on and in the immediate vicinity of the Esker, Ironside and Napartok gold occurences.
In August 2011, an airborne geophysical survey, consisting of 596 line-km, was flown by Fugro Airborne Surveys Corp., which encompassed parts of the Northern and Southern claim blocks. The airborne survey flight lines were orientated north‐south with a 200-metre primary line spacing and occasional 100-metre infill lines. The helicopter‐borne geophysical survey measured magnetics and EM with a DIGHEMV multi‐coil, multi‐frequency EM system.
Geology and Mineralization
The Noomut Property lies within the Ennadai-Rankin Archean greenstone belt, within the Hearne Province and Kaminak Subprovince, both of which are part of the Western Churchill geological province of the Canadian Shield. This prolific greenstone belt extends westward for over 700 km from Rankin Inlet.
The regional geology of the Esker/Noomut Property area comprises Henik Group rocks, which consist of middle greenschist facies metamorphosed volcanics, sediments and intrusives. The volcanics consist of intrusive and extrusive lavas along with pyroclastics, which range in composition from ultramafic to felsic. Andesites and basalts are the main compositions, while dacites, rhyolites and gabbros can be observed in minor quantities. The sediments overlie the volcanics and are mainly composed of argillites and greywackes.
The geology of the Esker claim block comprises major parallel iron carbonate / shear / stockwork vein zones along contacts of deformed, altered gabbros.
The geology of the Southern Block of Noomut claims comprises sandstone and mudstone turbidites interbedded with variable proportions of felsic to intermediate tuff. There are local examples of conglomeratic units. The Ironside fault transects the Southern Block and hosts the Ironside and Napartok gold occurences on claims contigous to the Southern block.
The geology of the Northern Block of Noomut claims include the sandstone and mudstone turbidites located in the Southern Block and a chert-magnetite-silicate iron formation. The Northern Block is transected by NE trending thrust and shear faulting. The fault structures are associated with the Esker gold occurrence located on a contiguous claim approximately 1.5 km south of the Northern Block, where gold mineralization is associated with quartz veins within deformed gabbro dykes and an altered granitic intrusion.