REG - Cloudbreak Discovery - Exploration Update

Cloudbreak DiscoveryAnnouncement

30/07/2025 07:00

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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:

 Sample  Easting  Northing  Description
 DW2501  319499   6904511   Old 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.
 DW2502  319500   6904510   Composite sample of tailings: quartz, chrysocolla, goethite some hematitic
                            content.
 DW2503  319540   6904540   Quartz ironstone subcrop.
 DW2504  319583   6904600   Tailings from old pit: calcareous with goethitic weathering. Highly weathered
                            calcareous material + quartz veining. Surrounding country rock is gabbro.
 DW2505  319566   6904577   Quartz ironstone vein, appears to be the target of old drilling. Striking
                            ~40° northeast and is ~30 cm wide.
 DW2506  319598   6904593   Goethitic ironstone subcrop.
 DW2507  319180   6904389   Quartz float with hematite veining and goethitic weathering.
 DW2508  319214   6904373   Quartz with green epidote? and red iron staining.
 DW2509  319913   6904162   10cm wide quartz vein through weathered rock-Deep weathering profile.
 DW2510  319923   6904170   Highly weathered quartz vein with calcareous saprock.
 DW2511  319867   6904142   Quartz with red Fe matrix adjacent to old pit. Float.
 DW2512  319720   6903965   Quartz ironstone - "salt and pepper" float.
 DW2513  319697   6904017   Altered ferrous subcrop adjacent to gabbro subcrop. Quartz-hematite highly
                            weathered.
 DW2514  319408   6904454   Quartz float on gabbro subcrop. Some quartz showing some ferrous alteration.
 DW2515  319300   6904746   Small outcrop of ironstone/gossan.
 DW2516  319296   6904702   Ironstone sub-cropping through alluvial cover.
 DW2517  319335   6904824   Ironstone subcrop.
 DW2518  319423   6904906   Adjacent to old 3m pit. Quartz float/sitting on weathered goethitic waste
                            pits. Some ferruginous iron quartz samples.
 DW2519  319305   6904849   Ironstone subcrop.
 DW2520  319257   6904703   Small ironstone sub-crop.
 DW2521  318184   6903930   Small 15 cm quartz-hematite vein through granite with goethitic weathering,
                            striking ~80°.
 DW2522  318732   6906907   Quartz from waste pit (next to pit).
 DW2523  318739   6906907   Goethitic quartz from waste pit.
 DW2524  318736   6906903   Composite sample of fines from around pit waste pile. Quartz, goethitic,
                            heavily weathered calcareous.
 DW2525  318752   6906892   Heavily weathered Fe- and goethitic-saprock in old 1m pit.
 DW2526  318761   6906887   Small 1m pit targeting 5 cm wide quartz vein, dipping subvertical south and
                            striking 275°. Seems to be the target of the pit.
 DW2527  318682   6906950   Small quartz subcrop along strike of pits.
 DW2528  318675   6906951   Altered vuggy quartz, possibly gossanous with several square cavities observed
                            - along strike of historical pits.
 DW2529  318640   6906962   Quartz-hematite float with orange cherty "clasts." Float on tenement boundary.
 DW2530  319354   6906002   Fe saprock at top of costean pile. No fresh rock. Highly weathered soft
                            saprock/calcrete.
 DW2531  319106   6905987   Quartz blow: very clean, white-looking quartz.
 DW2532  319254   6905805   Quartz outcrop - very clean, minor hematite alteration.
 DW2533  319357   6905780   Quartz subcrop striking 76° east. Siliceous/cherty brown Fe alteration
                            (minor). Quartz generally clean and white.
 DW2534  319012   6905926   Quartz float - more vuggy and slightly darker, possibly manganiferous? Fe
                            alteration.
 DW2535  320028   6904363   Old costeaning - ironstone subcrop, no exposed outcrop. Along northeast strike
                            from historical pits. Large area cleared with quartz and ironstone
                            float/subcrop
 DW2536  320036   6904357   ferrous subcrop on side of old costean? Looks highly altered
 DW2537  320126   6904295   Vuggy quartz - some square voids, possible boxwork textures from where
                            sulphides have weathered out.
 DW2538  320095   6904295   Quartz ironstone subcrop with lots of voids/cavities.
 DW2539  320011   6904326   Ironstone pile at top of old costean.
 DW2540  319979   6904322   Ironstone subcrop - quartz float with goethitic weathering and silicified
                            brown goethite? Very cherty alteration around quartz vein

 

 

 

 

 

- Ends -

 

For additional information please contact:

 

 Cloudbreak Discovery PLC              Peter Huljich, Chairman           Tel: +44 207 887 6139
 Novum Securities (Financial Adviser)  David Coffman / Anastassiya Eley  Tel: +44 7399 9400
 Oberon Capital (Broker)               Nick Lovering / Adam Pollock      Tel: +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.

 

 

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