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Cloudbreak Discovery Plc (LSE: CDL), a natural resource project generator, is pleased to announce that it has entered into an agreement with Moonbound Mining Ltd. (“Moonbound”), in respect of the Yak Project (the “Project”), in northwestern British Columbia, for gold mineralisation. Highlights: ·    Moonbound will issue Cloudbreak 2,700,000 common shares and make aggregate cash payments to Cloudbreak of CAD $145,000 over a three-year period ·    Under the terms of the agreement, Moonbound is committed to spend up to CAD $700,000 in...
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Cloudbreak Discovery Plc (LSE: CDL), a natural resource project generator, is pleased to announce that Power Group Projects Corp (“PGP”) (TSX-V: PGP) has signed a Letter of Intent (“LOI”) with 1315843 B.C. Ltd. (“BCCo.”), Cloudbreak’s exploration partner on the Atlin West Project (the “Project”), to acquire all of the outstanding share capital of BCCo. (the “Transaction”). Highlights:  Upon closing the Transaction, PGP will assume all obligations of BCCo.’s option agreement with Cloudbreak, the terms of which Cloudbreak has agreed...
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Cloudbreak Discovery Plc (LSE: CDL), a natural resource project generator, is pleased to announce that an exploration programme on the five recently staked Northwestern British Columbian polymetallic projects (the “Properties” or the “Northwest Portfolio”) has commenced. This will represent the first field work Cloudbreak will conduct on these projects. The Properties are located in Northwestern British Columbia and are prospective for base and precious metals which could occur in several deposit types. Northwest Portfolio Summary Project NameTarget mineralisationAtlin WestSilver,...
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Cloudbreak Discovery Plc (LSE: CDL), a natural resource project generator, is pleased to announce that it has identified an exploration partner in 1315956 BC Ltd, for its South Timmins Project (the “Project”), which is targeting lode gold mineralization. The Project is located 40 kilometres south of Timmins, Ontario, in the prolific Abitibi Greenstone Belt and covers an area of 12,075 hectares. The property is road accessible with power running through the northeastern edge of the property. Cloudbreak has recently...
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Jochen Staiger, Founder and Chief Editor of Commodity-TV hosted a Mining Pitch Battle at Mines and Money Online Connect in August 2021. This pitch battle features 4 Mining Corporates: – John Barker, Vice President Business Development of Loncor Gold – Kyler Hardy, President and CEO of Cloudbreak Discovery – Mark Jarvis, Chief Executive Officer of Giga Metals – Philippe Cloutier, President and CEO of Cartier Resources and 5 Investors Judges: – Prof. Dr. Torsten Dennin, Chief Investment Officer...
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