REG - Cloudbreak Discovery - Darlot West Gold Project Update

Cloudbreak DiscoveryAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250930:nRSd2070Ba&default-theme=true

RNS Number : 2070B  Cloudbreak Discovery PLC  30 September 2025

30 September 2025

Cloudbreak Discovery Plc

("Cloudbreak" or the "Company")

Darlot West Gold Project Update

Coarse Gold Found

 

Cloudbreak Discovery Plc (LSE: CDL), a London Stock Exchange Main Market
listed company, is pleased to announce an update on exploration activities and
future plans on the Darlot West Gold Project ("Darlot West") that covers
60.6km(2), located only 10km southwest of the iconic Darlot Gold Mine in
Western Australia with production of 2.8 million ounces of gold produced to
date (see Figure 2).

The exploration team has just completed a follow-up site visit (as announced
on 22 September 2025) to assess the prospectivity of the many metal detector
pits sighted across the project during the previous week's exploration phase
and to develop plans for future follow up drilling programs.  The aim of the
trip was to confirm the pits were gold bearing, and the results were highly
encouraging with nuggets being recovered with the team's metal detectors.

·    Five nuggets recovered (Figure 1).

·    Nuggets relate to underlaying geology as they are angular in shape.

 

Future Plans and Assay results update:

 

·    Assay results from 653 soil and rock chip samples previously taken
are expected in October.

·    60.6 sq km High Resolution magnetics to be completed shortly. This
magnetic survey will highlight the sub-surface structures and will assist with
detailed planning for the drill program planned for October / November

·    Magnetic survey by well renowned magnetics company MAGSPEC Airborne
Surveys to commence in mid to late October

 

Figure 1: Coarse gold, as nuggets, recovered by CDL exploration geologists at
Darlot West Gold Project.

 

Tom Evans, Cloudbreak's MD, commented: "It is highly encouraging to see these
coarse gold nuggets recovered from the project by our geologists over 3 days
of prospecting in the last week, and this confirms the high gold prospectivity
of the historic workings visited a few weeks back. I look forward to the
results from Intertek Laboratories in the coming weeks, which we are expecting
to come through in batches.  We plan to report on these as they come through.

 

We are also extremely eager to see the start of this high-resolution magnetic
survey that will guide our drilling plans. The Darlot West Gold Project covers
60.6km(2) and is a sizeable area, and with samples already recovered by us up
to 28.62g/t Au, we will continue to follow up on high priority gold
mineralisation over the project with the aim of moving the project towards
drilling as soon as possible. I look forward to updating shareholders as
results come to hand."

Figure 2: Location of Darlot West Gold Project, Western Australia - 10km from
2.8Moz Darlot Gold Mine

 

 

This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended).

 

 

-END-

 

For additional information please contact:

 

 Cloudbreak Discovery PLC  Peter Huljich, Chairman           Tel: +44 207 887 6139

                           Tom Evans, Managing Director      Tel: +44 7851 703440
 Novum Securities Limited  David Coffman / Anastassiya Eley  Tel: +44 7399 9400

 (Financial Adviser)

 

About Cloudbreak Discovery PLC

Cloudbreak Discovery PLC is a leading gold, precious and base metals resource
explorer. Cloudbreak is focused on mineral exploration in Western Australia
with the aim of bringing near-term cashflow and driving shareholder value.

 

Through its wholly owned subsidiaries, 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 in the commodity cycle.

 

Competent Persons Statement

 

The Information in this report that relates to exploration results, mineral
resources or ore reserves is based on information compiled by Mr Edward Mead,
who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr
Mead is a consultant to Cloudbreak Discovery Plc and employed by Doraleda Pty
Ltd. Mr Mead has sufficient experience which is relevant to the style of
mineralisation and type of deposits under consideration and to the activity
that he is undertaking to qualify as a Competent Person as defined in the 2012
edition of the `Australian Code for Reporting Exploration Results, Mineral
Resources and Ore Reserves' (the JORC Code). Mr Mead consents to the inclusion
of this information in the form and context in which it appears in this
report.

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DRLPKCBDCBKKACB