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Positive Gold Results at Crofton & £1.85m Placing
Cloudbreak Discovery Plc has announced positive gold assay results from its Crofton Gold Project in Western Australia, with samples grading up to 162.35 grams per tonne of gold, alongside a £1.85 million placing. The company raised gross proceeds of £1,850,000 through the issuance of 330,357,145 new ordinary shares at 0.56 pence per share to existing institutional investors, with funds earmarked for asset enhancement and general working capital. These results support previous findings and indicate expanded gold mineralization, with further multi-element assay results anticipated in the coming weeks. Disclaimer*
About this update from Cloudbreak Discovery Plc
[{"type":"text","content":"\n\n22 January 2026\nCloudbreak Discovery Plc\n('Cloudbreak', or 'the Company')\nPositive Gold Results at Crofton & £1.85m Placing\n \nCloudbreak Discovery Plc (LSE: CDL), a London Stock Exchange Main Market listed company, is pleased to announce that gold assay results up to 162 grams per tonne of gold (g/t Au), equivalent to 5.22 oz/t Au have been received from the maiden site visit to the Crofton Gold Project (\"Crofton\"). Crofton is 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 2). Multi-element results are still being processed at the assay laboratory and are anticipated to be received in the coming weeks.\n \nHighlights\n \n15 samples over 1g/t Au support previous work and include:\n \n\n\n\n\n10.89 g/t Au\n\n\n(CR0018)\n\n\n14.15 g/t Au\n\n\n(CR0038)\n\n\n\n\n1.13 g/t Au\n\n\n(CR0021)\n\n\n2.82 g/t Au\n\n\n(CR0039)\n\n\n\n\n6.42 g/t Au\n\n\n(CR0022)\n\n\n4.99 g/t Au\n\n\n(CR0040)\n\n\n\n\n8.87 g/t Au\n\n\n(CR0023)\n\n\n7.19 g/t Au\n\n\n(CR0041)\n\n\n\n\n9.48 g/t Au\n\n\n(CR0024)\n\n\n40.62 g/t Au\n\n\n(CR0043)\n\n\n\n\n29.34 g/t Au\n\n\n(CR0025)\n\n\n162.35 g/t Au\n\n\n(CR0044)\n\n\n\n\n10.23 g/t Au\n\n\n(CR0033)\n\n\n2.57 g/t Au\n\n\n(CR0046)\n\n\n\n\n1.89 g/t Au\n\n\n(CR0035)\n\n\n \n\n\n \n\n\n\n\n \n \n \n \nPrevious samples from Crofton included:\n \n\n\n\n\n48.63 g/t Au\n\n\n(RBR015)\n\n\n253.59 g/t Au\n\n\n(RBR022)\n\n\n\n\n62.48 g/t Au\n\n\n(RBR017)\n\n\n195.53 g/t Au\n\n\n(RBR028)\n\n\n\n\n20.61 g/t Au\n\n\n(RBR020)\n\n\n10.22 g/t Au\n\n\n(RBR030)\n\n\n\n\n12.24 g/t Au\n\n\n(RBR021)\n\n\n2.78 g/t Au\n\n\n(RBR032)\n\n\n\n\n \n \n \n \nThe purpose of the recent 3-day helicopter-supported Crofton site visit was to review areas where previous gold results up to 253 g/t gold and 215 g/t silver had been recovered (As announced on 9 October 2025). This site trip by Cloudbreak's geologists has supported previous work, expanded gold mineralisation and confirmed previous outstanding assay results.\n \nTom Evans, Cloudbreak's Managing Director, commented: \"It is fantastic to see these outstanding results from the maiden site trip to Crofton in Western Australia, with gold assays up ...