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Site Visit Underway at Crofton Gold Project, W.A.

27th Nov 2025 07:00

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

Tom Evans, Managing Director

Tel: +44 207 887 6139

Tel: +44 7851 703440

AlbR Capital Limited

(Financial Adviser)

David Coffman / Dan Harris

Tel: +44 207 469 0930

Marex Financial

(Broker)

Angelo Sofocleous / Keith Swann / Matt Bailey

Tel: +44 (0) 207 655 6000

Email: [email protected]

 

 

 

 

 

About Cloudbreak Discovery PLCCloudbreak 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.
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