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Cloudbreak Discovery PLC on Monday announced it exercised its option to acquire phase 1 of the Darlot West gold project, covering 60.6 square kilometres. The next phase of exploration has completed to further advance the project over an additional around 7 kilometres of greenstone belt strike, the London-based natural resource project generator and royalty business adds. The Darlot West project is located 10 kilometres southwest of the Darlot gold mine in Western Australia. The completed work included 76 rock chip samples and 577 soil samples, as well as mapping of the historical workings and structural measurements of the known gold-bearing quartz veins. The following phase of exploration is currently being planned, and will follow up on ‘significant’ metal detector pits across the project where coarse gold is believed to have been recovered, with high resolution magnetics to be completed shortly to potentially identify drill ready targets. ‘With the company now fully funded for all planned works, the number of samples collected from Darlot West in the past few weeks is exceptional,’ said Managing Director Tom Evans, adding: ‘...we will continue to follow up gold mineralisation over the project with the aim of moving towards drilling as soon as possible.’ Further, Evans said the Darlot West gold project has samples of up to 28.62 grammes of gold per tonne. Cloudbreak shares jumped 32% to 0.59 pence each on Monday morning in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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