New Break Resources Ltd. reported that the results from rock chip and grab samples taken from the Sundog Gold Project in Kivalliq Region, Nunavut have identified new gold bearing structures on the property, with half of the eight samples taken grading over 7.5 grams per tonne gold. 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.

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 taken from Trench 17 area.

PC samples included 206.7 g/t Au from the Trench 17 area and 127.6 g/t Au from the Trench 29 area. Next Exploration Steps: New Break plans to undertake a summer 2024 field season at Sundog, subject to regulatory and Inuit approvals and financing, in order to complete the following objectives: Systematically sample potentially gold bearing structures and in-situ veins; Complete drone magnetics and very low frequency ("VLF") geophysical surveys; Complete reconnaissance mapping and sampling along strike length and parallel structures within the Sundog concession; Further define gold bearing systems between fine and coarse gold environments; and Complete a preliminary drilling program on the Sundog property, the first of its kind.