For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251127:nRSa1118Ja&default-theme=true
RNS Number : 1118J Cloudbreak Discovery PLC 27 November 2025
27 November 2025
Cloudbreak Discovery Plc
('Cloudbreak', or 'the Company')
Site Visit Underway at Crofton Gold Project, W.A.
Cloudbreak Discovery Plc (LSE: CDL), a London Stock Exchange Main Market
listed company, is pleased to announce that a helicopter-supported site visit
is underway at the Crofton Gold Project ("Crofton"), located 120 kilometres
east-southeast of the famous Australian gold mining centre of Marble Bar and
75km northeast of the mining centre town of Nullagine in the Pilbara region of
Western Australia. Figure 1.
The maiden site visit by Cloudbreak will review work completed by previous
companies at Crofton, where bonanza-grade gold results, up to 253g/t gold and
215g/t silver (As released to the market on 9 October 2025), with visible gold
have been recovered. The site visit will also expand rock chip sampling across
the project.
Historic gold production from the area from 1901-1910 averaged 150 g/t gold.
Tom Evans, Cloudbreak's MD, commented; "It is great to be on the ground at
Crofton for the Company's maiden site visit and to be looking at where the
bonanza grade gold samples up to 253 g/t were taken and historic gold
production averaged 150g/t. These grades are exceptionally high and the site
trip will validate and expand on previous work completed, where delineation of
multiple trends with strike lengths of over a kilometre on the tenement give
the Company a vast number of high priority exploration targets. This
incredibly exciting gold project in Western Australia adds significantly to
our growing portfolio of gold assets in a period of record gold prices and
resurgent silver prices."
About the Crofton Gold Project
Crofton hosts a large area of hydrothermal alteration within the Yilgalong
Granitoid, associated with a suite of prominent quartz veins. Historical
exploration has been limited to surface sampling programs of stream sediment,
soil and rock chip sampling.
The Company will hold a 100% interest in the Crofton property, which consists
of one exploration licence application E45/6690 covering 57km² (Figure 1).
The Crofton licence covers much of the Boodalyerrie Mining Centre, which has
recorded production from 1901 to 1910 of 588.4 ounces gold from 122 tonnes of
ore at a reconciled average grade of 150g/t gold.
Future Plans and Assay results update:
The Company currently has a maiden site visit underway that will assess and
validate previous work at Crofton. In the near future, the Company plans to
conduct detailed geological mapping over the geochemical anomalies identified
from previous work, and move towards defining drill targets.
Figure 1: Location of the Crofton Gold project to towns in the district, gold
processing plants and gold mines.
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
AlbR Capital Limited David Coffman / Dan Harris Tel: +44 207 469 0930
(Financial Adviser)
Marex Financial Angelo Sofocleous / Keith Swann / Matt Bailey Tel: +44 (0) 207 655 6000
(Broker) Email: corporate@marex.com
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.
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 TSTEAFFKAFDSFFA
Copyright 2019 Regulatory News Service, all rights reserved