REG - Cloudbreak Discovery - Record Gold Grade of 65 g/t at Darlot West

Cloudbreak DiscoveryAnnouncement

24/10/2025 07:00

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RNS Number : 5883E  Cloudbreak Discovery PLC  24 October 2025

24 October 2025

Cloudbreak Discovery Plc

("Cloudbreak" or the "Company")

 

Record Gold Grade of 65 g/t at Darlot West

Western Australia

 

Cloudbreak Discovery Plc (LSE: CDL), a London Stock Exchange Main Market
listed company, is pleased to announce the excellent results from the recent
rock chip sampling program from its Darlot West Gold Project ("Darlot West"),
located only 10km southwest of the iconic Darlot Gold Mine in Western
Australia with 2.8 million ounces of gold produced to date, and 25km north of
Northern Star Limited Thunderbox Gold Mine with an annual production of
232koz, resource of 4.7Moz and Reserve of 1.96Moz gold (Figure 2).

Following up on the results gathered in the Company's maiden sampling program
in August, reporting rock chips containing up to 28.62 g/t gold, Cloudbreak
continues to confirm the presence of very significant gold mineralisation over
the project site and its incredible exploration potential over a large area.

 

Multiple rock chip results over 1g/t gold have now been returned (Figure 1,
Table 1), with the results plotted on regional low-resolution open file
magnetics indicating significant area-wide gold potential. The magnetic highs
and lows as shown indicate the structural complexity and dilation zones over
the project area. There are large areas with clear evidence of highly elevated
gold mineralisation, with the bulk of the project requiring stage 3 sampling
follow up, having had no exploration either modern or historic.

 

The work to date has shown that historical mining shafts, outcrops and
trenches are gold bearing, and metal detecting results have already shown
coarse gold does occur on the project, as released in September.

·    Rock chip results returning over 10 g/t included:

o  65.75 g/t Au (2.11 ounces of gold per tonne)

o  40.44 g/t Au (1.30 ounces of gold per tonne)

o  27.23 g/t Au

o  19.79 g/t Au

o  15.89 g/t Au

o  15.40 g/t Au

o  14.39 g/t Au

o  13.99 g/t Au

o  12.66 g/t Au

o  12.45 g/t Au

o  10.78 g/t Au

·    Significant texture in the low-resolution magnetic data, indicates
multiple large areas for targeted exploration. High-resolution airborne
magnetics survey has been completed with results due shortly.

 

Tom Evans, Cloudbreak's MD, commented: "These rock chip samples over such a
large area are highly significant and it's very encouraging to see these
results continue to confirm and show significant gold mineralisation potential
over large parts of the Darlot West project. Plotting these gold results on
the low-resolution magnetics reveals significant areas for us to target for
future exploration. Soil sampling results are due shortly, as are the
high-resolution magnetic results, and these will help us further develop our
near-term exploration plans. The Darlot West Gold Project covers 60.6km(2) and
is a sizeable area, and with samples now up to 65.75g/t gold, 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."

 

Future plans and work programs:

·    Assay results from soil samples previously taken are expected in late
October.

·    High-resolution airborne magnetics results expected in late October
or early November.

·    The above results will assist with plans to refine areas for drilling

Figure 1: Rock chip results above 1 g/t gold with regional low-resolution
magnetics, Darlot West Gold Project.

Figure 2: Location of 60.6km(2) Darlot West Gold Project, Western Australia -
10km from 2.8Moz Darlot Gold Mine, and 25km from Thunderbox Gold Mine operated
by Northern Star Limited.

 

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 further information, please contact:

 

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

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

 (Financial Adviser)
 Marex Financial (Broker)  Angelo Sofocleous / Keith Swann / Matt Bailey  Tel: +44 (0) 207 655 6000

                                                                          Email: corporate@marex.com

 

About Cloudbreak Discovery PLC

LSE listed 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.

 

Table 1: All rock chip results from Darlot West, (Coordinates GDA2020/MGA Zone
51, Assay Method FA50/OE)

 Sample ID  Northing  Easting  Au (ppm)
 DW001      6906912   318738   2.07
 DW002      6906867   319245   0.10
 DW003      6906867   319246   0.01
 DW004      6906807   319376   0.02
 DW005      6906627   319309   0.00
 DW006      6906635   319340   0.01
 DW007      6906580   319526   0.00
 DW008      6906561   319626   0.01
 DW009      6906610   319314   0.00
 DW010      6906855   318207   0.00
 DW011      6906648   318328   0.00
 DW012      6906869   318736   0.05
 DW013      6905968   319373   0.06
 DW014      6905985   319365   0.03
 DW015      6905994   319350   0.00
 DW016      6906133   319527   0.03
 DW017      6906176   319639   1.42
 DW018      6905985   319200   0.00
 DW019      6905983   319197   0.00
 DW020      6905746   319126   0.06
 DW021      6904877   319107   0.00
 DW022      6904878   319109   0.00
 DW023      6904876   319108   12.45
 DW024      6904742   319270   0.12
 DW025      6904904   319424   15.40
 DW026      6904976   319584   0.02
 DW027      6904907   319421   65.75
 DW028      6904840   320011   1.44
 DW029      6904839   320012   27.23
 DW030      6905099   320141   40.44
 DW031      6904962   320386   0.03
 DW032      6905077   320459   0.04
 DW033      6905048   320449   0.15
 DW034      6905052   320429   12.66
 DW035      6905010   320481   0.04
 DW036      6906458   321296   0.01
 DW037      6904654   322001   0.06
 DW038      6904650   321999   0.17
 DW039      6904715   322060   0.03
 DW040      6904638   321974   0.00
 DW041      6904262   319949   0.24
 DW042      6904285   320079   0.01
 DW043      6904287   320080   0.00
 DW044      6904289   320111   0.00
 DW045      6904829   321296   0.01
 DW046      6904871   321465   0.00
 DW047      6904165   319923   0.01
 DW048      6904184   319946   0.29
 DW049      6904142   319866   0.16
 DW050      6904170   319913   0.10
 DW051      6904328   319053   0.03
 DW052      6903361   317163   3.58
 DW053      6903357   317156   5.05
 DW054      6903357   317156   15.89
 DW055      6903353   317162   0.23
 DW056      6903360   317157   0.05
 DW057      6903359   317154   3.01
 DW058      6903428   317071   14.39
 DW059      6903193   317314   0.26
 DW060      6903156   317355   13.99
 DW061      6904853   315403   0.06
 DW062      6904246   321734   0.21
 DW063      6901779   316390   0.00
 DW064      6901779   316394   0.02
 DW065      6903499   317387   2.14
 DW066      6903500   317387   10.78
 DW067      6903495   317403   0.65
 DW068      6903500   317385   1.60
 DW069      6903495   317415   0.32
 DW070      6904416   319335   5.74
 DW071      6904417   319333   2.26
 DW072      6904417   319341   0.01
 DW073      6904417   319339   4.80
 DW074      6904400   319297   0.02
 DW075      6904260   319304   0.01
 DW076      6904571   319562   19.79

 

 

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