New Break Announces Appointment of Gordon G.
Morrison to Board of Directors
Toronto, Ontario, January 4, 2024 --
InvestorsHub NewsWire -- New Break Resources Ltd.
("New Break" or the "Company") (CSE: NBRK) is extremely pleased to
announce the addition of Mr. Gord Morrison, B.Sc., to the Company's
Board of Directors. Having been an integral part of the
discovery of 13 major polymetallic and precious metal deposits, 6
of which are producing mines, with 4 others at the feasibility
stage, Gord joins New Break as one of Canada's most successful mine
finders and a leader in the mining industry with a deep and varied
experience in both mineral exploration and mining.
Mr. Morrison has 50+ years of experience in the mining industry,
covering all aspects of geoscience applications across all mining
methods from a wide range of underground methods to large scale
open pit operations, as well as being part of very successful
exploration groups as noted above.
Mr. Morrison's extensive exploration and mining experience includes
32 years at Inco Limited where he served as Senior Geologist, Head
of the Sudbury Exploration Group and as a member of the INCO global
exploration group, Vice-President, Exploration at FNX Mining
Company Inc., Chief Technology Officer - geoscience and other
technical mine advancement - North American/South American mines at
Quadra FNX Mining Ltd. and KGHM International Ltd., and as
President of TMAC Resources Inc. prior to that company's
acquisition by Agnico Eagle Mines Limited for their Hope Bay gold
deposit in Nunavut.
Mr. Morrison's ability to collaborate and work within a team of
geologists spanning various levels of experience has promoted an
atmosphere of success. His ability to listen to the team,
look at the rocks, and integrate a variety of geological,
geochemical, and geophysical information makes him one of the
leading explorers in the industry today.
Mr. Morrison holds a Bachelor of Science degree in Geology from
Queen's University.
Michael Farrant, President and CEO of New Break commented, "We're
deeply honoured to have Gord join the Board of New Break. He
brings a tremendous track record of success to the Company.
It is one thing to make a mineral discovery. It is quite
another to see those discoveries become economic ore bodies and
mines. Gord also brings specific experience in mineral
exploration both in Ontario and Nunavut. His input and
guidance will be invaluable as New Break looks to execute the
Company's maiden drilling program at the Moray property, 32 km
northwest of Alamos Gold's Young-Davidson mine and in terms of
advancing our gold projects in Nunavut, including Sundog and
Esker."
William Love, Vice President, Exploration of New Break noted, "I'm
extremely excited to see the addition of a technical professional
of Gord's pedigree to the Board of New Break. I believe that
Gord's insights in the field, in addition to the boardroom, will
give the Company the greatest chance of unlocking the full
potential and value of the Company's properties. I'm looking
very forward to working closely with Gord to make 2024 New Break's
most successful year to date."
Mr. Morrison noted, "Having been a significant shareholder and
advisor since 2021, I look forward to taking on a more active role
with New Break, which will include getting out in the field with
Bill Love and working with the Company's talented technical team of
advisors and consultants. I hope to more directly impact New
Break's exploration strategy with a view to unlocking the
outstanding economic potential of the Company's mineral properties
at Moray and in Nunavut."
About New Break Resources Ltd.
New Break is a Canadian mineral exploration
company with a dual vision for value creation. In northern Ontario, New Break
is focused on its Moray Project, in a well-established mining camp,
within proximity to existing infrastructure, while at the same
time, through our prospective land holdings in Nunavut that include
the Sundog, Esker-Noomut, Sy and Angikuni Lake properties, 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. New Break is supported by a
highly experienced team of mining professionals committed to
placing a premium on Environmental, Social and Corporate
Governance. Information on New Break is
available under the Company's profile on SEDAR+ at www.sedarplus.ca
and on the Company's website at
www.newbreakresources.ca. New Break began trading on the
Canadian Securities Exchange (www.thecse.com) on September 7, 2022 under
the symbol CSE:
NBRK.
For further information on
New Break, please visit
www.newbreakresources.ca or contact:
Michael Farrant, President and Chief Executive Officer
Tel: 416-278-4149
E-mail: mfarrant@newbreakresources.ca
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No stock exchange, regulation securities provider, securities
commission or other regulatory authority has approved or
disapproved the information contained in this news release.
CAUTIONARY NOTE REGARDING FORWARD LOOKING INFORMATION
Except for statements of historic fact, this
news release contains certain "forward-looking information" within
the meaning of applicable securities law. Forward-looking information is frequently
characterized by words such as "plan", "expect", "project",
"intend", "believe", "anticipate", "estimate" and other similar
words, or statements that certain events or conditions "may" or
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opinions and estimates at the date the statements are made, and are
subject to a variety of risks and uncertainties and other factors
that could cause actual events or results to differ materially from
those anticipated in the forward-looking statements including, but
not limited to receipt of regulatory and stock exchange approvals,
grants of equity-based compensation, renouncement of flow-through
exploration expenses, property agreements, timing and content of
upcoming work programs, geological interpretations, receipt of
property titles, an inability to predict and counteract the effects
global events on the business of the Company, including but not
limited to the effects on the price of commodities, capital market
conditions, restriction on labour and international travel and
supply chains etc. Forward-looking information addresses future
events and conditions and therefore involves inherent risks and
uncertainties, including factors beyond the Company's
control. Accordingly, readers should not place undue
reliance on forward-looking information. The
Company undertakes no obligation to update publicly or otherwise
any forward-looking information, except as may be required by
law. Additional information identifying risks and
uncertainties that could affect financial results is contained in
the Company's financial statements and management's discussion and
analysis (the "Filings"), such Filings available upon
request.