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Commencement of Exploration at Darlot West

In brief · summary, not quotable

Field exploration commenced at Darlot West Gold Project in Western Australia as part of acquisition due diligence.

  • Darlot Gold mine cumulative output (to November 2018) 2.8 million ounces of contained gold
  • Darlot Gold mine production history 30 years
  • Historical drill result 1m at 11.6g/t Au from 14m
  • Historical sample result 16.15g/t Au
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Cloudbreak Discovery PLC (LSE:CDL) is pleased to announce that field based exploration has commenced at the Darlot West Gold Project, located in the Eastern Goldfields region of Western Australia. The exploration program is being completed as part of the Company's due diligence with respect to the exclusive option acquisition announced on 23 June 2025.

The Darlot Gold mine, located 10km to the north-east of the Project, has a long production history of around 30 years of continuous gold production. Up until November 2018, the total cumulative output of the mine was 17.8 million tonnes at 4.8g/t Au from 2.8 million ounces of contained gold. Within the Project, mineralisation has been sporadically sampled in drillholes, shafts, costeans, and surface samples for over 40 years.

Historic samples from the Project include:

  • 16.15g/t Au-SDRCP0081
  • 11.8g/t Au- SDRCP0042
  • 2.4g/t Au- SDRCP0040

Multiple significant drill results including:

  • 1m at 11. 6g/t Au from 14 m
  • 1m at 4. 83g/t Au from 13 m

Within the Project there are 3 notable historical underground workings along 200 metres of strike located along contact of basalt and Granitoid.

The field exploration program aims to conduct sampling of multiple gold mineralisation targets, with a focus on old historical pits and costean work in the area, which have been identified through a comprehensive desktop analysis to determine the extent and tenor of mineralisation present. Reconnaissance mapping will, additionally, be completed in order to gain an understanding of the controls on mineralisation and to assist with future drill targeting.

It is envisaged that the exploration program will be completed within a week, and upon completion, samples will be submitted to Intertek Testing Services (Australia) Pty Ltd, for the laboratory for analysis. Upon receipt of results, a news release will be published outlining the results and the outcomes.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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