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Cloudbreak Discovery - Exploration Update

RNS Number : 0359T

Cloudbreak Discovery PLC

30 July 2025

 

30 July 2025

Cloudbreak Discovery Plc

('Cloudbreak', or 'the Company')

 

Exploration Update

 

 

Cloudbreak Discovery Plc (LSE: CDL), the natural resource explorer and project generator, is pleased to announce an update for the first phase of the field-based exploration programme that has been completed at the Darlot West Gold Project ("Darlot West"), located in the Eastern Goldfields Region of Western Australia.

This first phase included mapping and rock chip sampling, set out at Figure 1, across Darlot West, and representative samples were taken across the areas of interest; the key points:

·    Multiple historical shafts, pits and trenches identified in the reconnaissance programme in July this year, across the Project from historical mining activities that predate modern exploration, example shown at Figure 2.

·    Mineralisation targeted by previous miners consisted of predominantly ferruginous quartz veins to depths of up to 15m.

·    Numerous prospects with outcropping and sub cropping ferruginous quartz sampled.

·    40 rock chip samples, shown at Figure 3, were taken and have been submitted to Intertek Laboratory, Perth for analysis. The in-house analysis is set at Table 1. Results of the sampling program will be announced as soon as they are received in coming weeks.

·    Six prospect areas that have been evaluated, in house, by the rock chip sampling and mapping and further exploration programs will be devised upon return of assay results.

·    Project is located 10km to the southwest of the Darlot Gold mine which has produced 2.8Moz Au.

·   

 

·    Figure 1: Regional Location Plan - Darlot Gold Mine (2.8Moz Production) 10km to ENE

 

Figure 2: Historical Mine Shaft - Darlot West

 

Figure 3: Rock Chip Sampling Location Plan

 

 

The 40 rock chip samples collected were based on visual assessment from mapping of geologically interesting units with the potential of hosting gold mineralisation. The sites include mullock material from shafts/pits, sub-cropping and out-cropping exposures. The aim of the sampling program was to define areas of interest for follow up soil sampling and potentially drill testing. Six discrete target areas were defined and will be assessed based on the outcomes of the assay results. Further exploration programs will be devised upon receipt of the assay results.

Table 1: Sampling Coordinates and Logging:

SampleEastingNorthingDescription
DW25013194996904511Old 3m pit dug into quartz veining. Mostly clean quartz however some green malachite mineralisation seen on quartz in pit (sampled). Goethitic infill in some quartz cavities.
DW25023195006904510Composite sample of tailings: quartz, chrysocolla, goethite some hematitic content.
DW25033195406904540Quartz ironstone subcrop.
DW25043195836904600Tailings from old pit: calcareous with goethitic weathering. Highly weathered calcareous material + quartz veining. Surrounding country rock is gabbro.
DW25053195666904577Quartz ironstone vein, appears to be the target of old drilling. Striking ~40° northeast and is ~30 cm wide.
DW25063195986904593Goethitic ironstone subcrop.
DW25073191806904389Quartz float with hematite veining and goethitic weathering.
DW25083192146904373Quartz with green epidote? and red iron staining.
DW2509319913690416210cm wide quartz vein through weathered rock-Deep weathering profile.
DW25103199236904170Highly weathered quartz vein with calcareous saprock.
DW25113198676904142Quartz with red Fe matrix adjacent to old pit. Float.
DW25123197206903965Quartz ironstone - "salt and pepper" float.
DW25133196976904017Altered ferrous subcrop adjacent to gabbro subcrop. Quartz-hematite highly weathered.
DW25143194086904454Quartz float on gabbro subcrop. Some quartz showing some ferrous alteration.
DW25153193006904746Small outcrop of ironstone/gossan.
DW25163192966904702Ironstone sub-cropping through alluvial cover.
DW25173193356904824Ironstone subcrop.
DW25183194236904906Adjacent to old 3m pit. Quartz float/sitting on weathered goethitic waste pits. Some ferruginous iron quartz samples.
DW25193193056904849Ironstone subcrop.
DW25203192576904703Small ironstone sub-crop.
DW25213181846903930Small 15 cm quartz-hematite vein through granite with goethitic weathering, striking ~80°.
DW25223187326906907Quartz from waste pit (next to pit).
DW25233187396906907Goethitic quartz from waste pit.
DW25243187366906903Composite sample of fines from around pit waste pile. Quartz, goethitic, heavily weathered calcareous.
DW25253187526906892Heavily weathered Fe- and goethitic-saprock in old 1m pit.
DW25263187616906887Small 1m pit targeting 5 cm wide quartz vein, dipping subvertical south and striking 275°. Seems to be the target of the pit.
DW25273186826906950Small quartz subcrop along strike of pits.
DW25283186756906951Altered vuggy quartz, possibly gossanous with several square cavities observed - along strike of historical pits.
DW25293186406906962Quartz-hematite float with orange cherty "clasts." Float on tenement boundary.
DW25303193546906002Fe saprock at top of costean pile. No fresh rock. Highly weathered soft saprock/calcrete.
DW25313191066905987Quartz blow: very clean, white-looking quartz.
DW25323192546905805Quartz outcrop - very clean, minor hematite alteration.
DW25333193576905780Quartz subcrop striking 76° east. Siliceous/cherty brown Fe alteration (minor). Quartz generally clean and white.
DW25343190126905926Quartz float - more vuggy and slightly darker, possibly manganiferous? Fe alteration.
DW25353200286904363Old costeaning - ironstone subcrop, no exposed outcrop. Along northeast strike from historical pits. Large area cleared with quartz and ironstone float/subcrop
DW25363200366904357ferrous subcrop on side of old costean? Looks highly altered
DW25373201266904295Vuggy quartz - some square voids, possible boxwork textures from where sulphides have weathered out.
DW25383200956904295Quartz ironstone subcrop with lots of voids/cavities.
DW25393200116904326Ironstone pile at top of old costean.
DW25403199796904322Ironstone subcrop - quartz float with goethitic weathering and silicified brown goethite? Very cherty alteration around quartz vein
          - Ends -   For additional information please contact:  
Cloudbreak Discovery PLCPeter Huljich, ChairmanTel: +44 207 887 6139
Novum Securities(Financial Adviser)David Coffman / Anastassiya EleyTel: +44 7399 9400
Oberon Capital(Broker)Nick Lovering / Adam PollockTel: +44 20 3179 5355 /+44 20 3179 5315
      About Cloudbreak Discovery PLC   Cloudbreak Discovery PLC is a leading natural resource explorer, project generator and royalty business. Cloudbreak is focused on mineral exploration and energy royalty acquisitions with the aim of bringing near-term cashflow and driving shareholder value. Its primary operating jurisdiction is the United States, but the Company also deploys its project generation model in the international mining sector to acquire interests in projects of merit.   Through its wholly owned but independently operated subsidiary, Cloudbreak Exploration Inc., the Company will develop its array of mineral assets, whilst continuing to generate new projects with a particular focus on commodities with high intrinsic value.   Cloudbreak's generative model across the mineral sector enables a multi-asset approach to investing and exploration. Diversification within the natural resource sector and amongst resource classes is key to withstanding the cycles of investing.     This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.   END     UPDPPUCAMUPAGGB

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