Portfolio

'Building value while minimising risk'

AVAILABLE PROJECTS

NORTHERN TREASURE | Cu-Au-Ag-Mo

Status: Available for Option
Location: NW British Columbia, Canada
Asset:
• Along trend from several historic producers
• Greenfields prospects with limited exploration
• Targeting Porphyry, High-Sulphidation, VMS and Sed-hosted mineralization
Ownership: 100%

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FOGGY MOUNTAIN | Cu-Au-Ag

Status: Available for Option
Location: Central British Columbia, Canada
Asset:
• Along trend from several historic producers
• Greenfields prospects with limited exploration
• Targeting Porphyry and Epithermal mineralization
Ownership: 100%

PARTNERED PROJECT PORTFOLIO

LA BLACHE | Ti-Fe-V

Partner: Temas Resources Group
Location: Baie-Comeau, Quebec, Canada
Ticker: CSE: TMAS
Asset:
• Originally acquired to form a keystone regional Ti, Fe, V consolidation play within the Grenville geologic Province.
Equity Position: 10,000,000
Royalty: 2% NSR
Notes: Acquired by Temas Resources (TMAS:CSE), La Blache is located 120km north of Baie-Comeau, a community on the north shore of the St. Lawrence river. The property hosts the Farrell-Taylor magnetite-ilmenite mineralization (contains an historic estimate), hosted in an anorthosite complex.

www.temasresources.com

SILVER SWITCHBACK | Ag-Cu

Partner: Norseman Silver Corp
Location: Smithers, BC, Canada
Ticker:
TSX-V: NOC
Asset:
• Properties where staked or acquired as a portfolio focusing on Cu, Ag porphyry
• Targets in British Columbia
• Historic dataset with documented mineralization
Equity Position: 6,000,000 | 1,200,000 warrants @ $0.30
Royalty: 1% NSR
Notes: Under Option to Norseman Silver Corp (NOC:TSX-V) the property is prospective for Volcanic Redbed Copper style mineralization East of Terrace, BC. The property is situated on regional structures in prospective Stikine terrain volcanic and sedimentary rocks of the Hazelton group. The work to date conducted on the property has delineated multiple soil anomalies with several intermediate to felsic volcanic outcrops with mineralized quartz veins.

www.norsemansilver.com

SILVER VISTA | Ag-Cu-Zn

Partner: Norseman Silver Corp.
Location: Smithers, BC, Canada
Ticker:
TSX-V: NOC
Asset:
• Properties where staked or acquired as a portfolio focusing on Cu, Ag porphyry
• Targets in British Columbia
• Historic dataset with documented mineralization
Equity Position: 6,000,000 | 1,200,000 warrants @ $0.30
Royalty: 1% NSR
Notes: Under option to Norseman Silver Corp (NOC:TSX-V). Malachite and azurite staining in outcrop discovered in 1990. Drilling has intercepted multiple, stacked zones of finely disseminated mineralization in Hazelton Group sedimentary rocks, which appear to be stratabound in moderately dipping sandstone horizons.

www.norsemansilver.com

RUPERT | Cu

Partner: Buscando Resources
Location: Vancouver Island, BC, Canada
Ticker: Listing Q3 2021
Asset:
• Adjacent to the historic North Island Copper mine previously operated by BHP
• Covers several copper porphyry anomalies
• Regionally along trend from 2 known copper deposits
Equity Position: 1,000,000
Royalty: 2% NSR
Notes: Under option to Buscando (going public, listing property). The property is located east of the historic Island Copper Mine and is a porphyry target in the northern part of Vancouver Island. Limited outcrop and thick overburden have limited historic exploration, but exploration to date has delineated favourable alteration assemblages suggestive of a porphyry system.

SPECTRUM | Cu-Mo-Ag-Au

Location: Pemberton, BC, Canada
Partner: Castlebar Capital Corp.
Ticker:
TSX-V: CBAR.P
Equity Position: 500,000
Notes: Optioned to Castlebar Capital Corp. An epithermal target in the northern part of the Garibaldi Volcanic Belt, north of Pemberton, BC. Initial prospecting has identified mineralized quartz veins and strong hydrothermal alteration.

ATLIN WEST | Au-Ag-Cu

Location: NW British Columbia, Canada
Partner: Power Group Projects Corp.
Ticker: TSX-V: PGP
Asset:

• Cache Ck. Complex overlain and intruded by late Cretaceous felsic volcanics
• Greenfields prospects with limited exploration
• Targeting Intrusion related polymetallic vein system
Claim Size: 3,125 ha
Equity Position: 8,000,000
Royalty: 2% NSR
Target: Structurally controlled Au-Ag, intrusion related gold, poly metallic vein systems
• Assays include 2.58 oz/t Ag, 26% Pb, 13.9% Cu

SOUTH TIMMINS | Au

Location: Timmins, Ontario, Canada
Partner: North American Performance Resources Corp
Ticker:
Private
Asset:
• Project located in the prolific Abitibi Greenstone belt
• Exploration off major “breaks” recently recognized as exploration targets of merit
• High resolution magnetic gradiometer survey recently completed with interpretation pending
Claim Size: 12,075 ha
Equity Position:
2,250,000 common shares and make aggregate cash payments of CAD $495,000 over a three-year period to Cloudbreak Discovery PLC
Royalty: 1% NSR

YAK | Au-Ag

Location: NW British Columbia, Canada
Partner: Moonbound Mining Ltd.
Ticker:
Private
Asset:

• Eocene Caldera and Cretaceous plutonic suite
• Greenfields prospects with limited exploration
• Targeting Low-Sulphidation and Mesothermal Lode mineralization
Claim Size: 4,020 ha
Equity Position:
2,700,000 common shares and make aggregate cash payments to Cloudbreak of CAD $145,000 over a three-year period
Royalty: 2% NSR

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RIZZ | Au-Ag-Pb-Zn

Partner:Power Group Projects Corp
Location: NW British Columbia, Canada
Ticker: TSX-V: PGP
Claim Size: 5,415 hectares

Asset:
• Along trend from several historic producers
• Greenfields prospects with limited exploration
• Targeting VMS, porphyry and skarn mineralization
• Sulphide-rich felsite boulders, assays up to 27.6g/t Au, 562.9 g/t Ag, 8.25% Pb and 15.9% Zn – source not identified and never followed up

Equity Position: 3,000,000
Royalty: 25%  Carried
Notes: Mineralisation is documented in the Sloko-Hyder plutonic suite with several gossanous zones identified for immediate follow up. The known mineralisation is described as sulphide-rich felsite boulders and talus in one of the cirques on the property. Assay results from historic samples of this mineralisation include up to 27.6 grams per tonne (“g/t”) gold, 562.9 g/t silver, 8.25% lead and 15.9% zinc. Follow-up work will include exploring for the source of this strongly mineralised float material.

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ICEFALL | Au-Ag-Pb-Zn

Partner:Power Group Projects Corp
Location: NW British Columbia, Canada

Ticker: TSX-V: PGP

Asset:
• Along trend from several historic producer
• Greenfields prospects with limited exploration
• Targeting VMS, porphyry and skarn mineralization

Claim Size: 8,704 hectares
Equity Position: 2,000,000

Royalty: 25% Carried

Notes: Historic sampling just off claims returned up to 35.5 g/t Ag, 0.5% Cu, 0.1%Pb and Zn 100m long Cu-Pb-Zn-Ag, skarn mineralized zone continues under cover on claim block

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KLONDIKE | Cu-Ag

Partner: Allied Copper Corp.
Location: Colorado, US
Ticker: TSX-V: CPR

Asset:

  • 843 ha claim within the Paradox Copper Belt
  • High-grade copper mineralization identified
  • Utilising modern exploration techniques

Equity Position: 3,500,000 | Aggregate payments of CAD $400,000 over a four-year period

Warrant Position: 1,500,000

Royalty: 1% NSR

Notes: The project is comprised of 76 mining claims on Federal mineral rights managed by the Bureau of Land Management. Previous workers reported high-grade copper mineralization highlighted by results of 6.3 per cent copper and 23.3 g/t silver in outcrop.

 

STATELINE | Cu-Ag

Partner: Allied Copper Corp.
Location: Colorado and Utah, US
Ticker: TSX-V: CPR

Asset:

  • 7 ha claim comprising 22 unpatented mining claims
  • Located on trend of the operating Lisbon Valley Copper Mine
  • Mineralise outcrops and disseminated mineralisation identified

Equity Position: 2,125,000 | Aggregate payments of CAD $157,500 over a three-year period

Royalty: 1% NSR

Notes: The project covers the state boundary between Utah and Colorado at the southeast end of the Lisbon Valley. Historical surface sampling of mineralised outcrops has yielded assay results up to 1.6% copper and 1.7 grams per tonne silver and 0.45% copper and 2.1 g/t silver. Disseminated copper-silver mineralisation has also been identified.

CORPORATE INTERESTS

IMPERIAL HELIUM CORP. | He

Location: Western Canadian Sedimentary Basin, Canada.
Ticker: TSX-V: IHC
Primary Asset: Steveville Project

  • Targeting known helium reservoirs
  • Historic discovery with over-looked Helium
  • Multiple re-enterable wellbores, ~24,500 Hectare area

Equity Position: 710,767

Performance Warrants Position: 315,000

Notes: Driven by Canadian geoscience and engineering expertise, in combination with its proprietary helium well database, Imperial Helium has secured helium projects to meet the growing global demand for this irreplaceable resource. On 2 May 2022, Imperial Helium entered into an agreement with Royal Helium Corp. (TSX-V: RHC) for the acquisition of 100% Imperial by Royal. On July 22, 2022, Royal Helium announced the closing of the Plan of Arrangement to acquire Imperial Helium.

ANGLO-AFRICAN MINERALS PLC. | Al

Location: Guinea
Ticker: Private
Primary Asset:
• Near-term development of the FAR mine project provides investors with immediate cash flow through an offtake with Joint Venture partner
    • FAR project: 37Mt of 40.8% Al2O3 Measured and Indicated resource and 36Mt of 39.0% Al2O3 Inferred resource
    • Somalu project: 459Mt of 42.6% Al2O3 inferred resource
    • Toubal project: 722Mt of 42.6% Al2O3 inferred resource
• Driving the development of the central corridor infrastructure both rail and port
• Creating an economic corridor to unlock other potential industries such as agriculture
Equity Position: 11,000,000
Warrant Position: 33,729,978
Convertible Debt Position: USD$1,344,735

ALCHEMIST MINING LTD. | Li

Location: Nevada
Ticker: CSE: AMS.X
Primary Asset: Rhodes Marsh

  • Targeting lithium brines
  • Previous, historical, work in the basin focused on boron
  • Early stage target

Equity Position: 1,250,000

Warrant Position: 625,000

GONDWANA PETROLEUM NAMIBIA (PTY) LTD. | Hydrocarbons

Location: Namibia
Partner: Private
Asset: Block 1724

  • Early stage oil and gas targets
  • A Karoo Basin in the Southern Trans-Africa Rift and Shear System
  • Prospective basin with observed carbonaceous content

Ownership: 10% project interest

Notes: Cloudbreak will act as a financial partner and sit on the joint operating committee giving corporate direction and reviewing technical information. Should the block be awarded to the Group, Cloudbreak will provide up to USD $120,000 to support exploration initiatives during the first year in exchange for a 10% interest in Block 1724.

PROSPER AFRICAN RESOURCES LTD. | Hydrocarbons

Location: Namibia
Ticker: Private
Asset: Block 2019

  • Early stage oil and gas targets
  • A Karoo Basin in the Southern Trans-Africa Rift and Shear System
  • Waterberg Basin, Central Namibia

Ownership: 20% | ROFR on future equity offerings up to 10%

Notes: Namibian exploration for oil and gas is early stage and largely untested. Cloudbreak will act as a financial partner to the and sit on the joint operating committee giving corporate direction and reviewing technical information. In exchange for providing a financial guarantee for the first phase exploration programme for Block 2019, Cloudbreak will be granted a 20% interest in Prosper Africa Resources Limited, the holding entity for Block 2019.

G2 TECHNOLOGIES CORP. | Hydrocarbons

Location: Texas
Ticker: CSE: GTOO
Partnered Asset: Masten Unit Energy Project

Asset:

  • Permian Basin Oil and Gas target
  • Part of the billion-barrel Levelland Field, Cochran County, Texas
  • Anticipated low-operating expense of $15.49/boe all-in (including production tax)

Warrants: 6,500,000

Debenture: USD $2 million @ 2% for 20 months

Royalty: 3.25% ORI | 2 mile AOI with 1% ORI

Notes: In addition to the 3.25% ORI, the agreement includes an area of interest providing Cloudbreak with a 1% ORI on any project acquired within a two-mile radius of the Masten Unit lease boundary and area of influence giving Cloudbreak the right of first refusal to finance additional acquisitions within five miles of the project boundary and apply its existing 3.25% ORI to that project.

https://www.g2.energy

CARIBOU | Cu-Au-Ag

Location: Smithers, BC, Canada
Ticker: TSX-V: NOC
Asset:

  • Properties were staked or acquired as a portfolio focusing on Cu, Ag porphyry
  • Targets in British Columbia
  • Historic dataset with documented mineralization

Equity Position: 2,750,000

Royalty: 2% NSR

Notes: Lower Hazelton Group volcanic rocks intruded by Nanika and Bulkley intrusive suites underlying large polymetallic soil anomalies and noted outcrop alteration. These areas of interest also have favourable geophysics suggesting a large alteration envelop, with previous drilling failing to test targets due to mechanical issues followed by weather constraints. As of June 28 2022, Norseman Silver Corp (NOC: TSX-V) acquired Caribou having fulfilled the option agreement, ratifying Cloudbreak a 2% NSR.

Qualified Person Statement
Technical information contained in this website has been reviewed and approved by Rory Kutluoglu, P.Geo., a “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.