30th Jul 2025 07:00
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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