Business
Surface Sampling Program at the Klondike Project
Surface Sampling Program at the Klondike Project.
About this update from Cloudbreak Discovery Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1187U\n Cloudbreak Discovery PLC\n 01 December 2021\n \n \n \n \n 01 December 2021\n \n \n \n \n \n Follow the link to read the press release in full, including figures:\n \n http://www.rns-pdf.londonstockexchange.com/rns/1187U_1-2021-11-30.pdf\n \n \n \n \n \n \n \n \n Cloudbreak Discovery and Alianza Minerals Complete Surface Sampling Program at the Klondike Project, Colorado\n \n \n · \n Results include 1.56% Copper from a 4.6 metre chip sample\n \n \n · \n Expands known Copper Mineralization and Delineates New Copper Target\n \n \n \n \n \n \n Cloudbreak Discover Plc (\"Cloudbreak\") (LSE: CDL) \n \n and Alianza Minerals Ltd. (\"Alianza\") (TSX-V\" ANZ, OTCQB: TARSF) (the \"Alliance\") are pleased to announce the results from a surface sampling program at the Klondike Property, the first project acquired under the newly formed Strategic Alliance. The Klondike Property (\"Klondike\"), located in Colorado, United States, consists of 76 unpatented mining claims, a State of Colorado Exploration Permit and an exclusive right to a State lease. \n \n \n \n \n \n A reconnaissance program consisting of mapping, stream sediment sampling and rock sampling was undertaken at Klondike to help define drill targets at the West Graben Fault and East Graben Fault targets. Rock sampling and mapping successfully expanded the footprint of both targets and identified a new target named the Northeast Fault. Sampling at the Northeast Fault returned 1.56% copper and 1.4 grams per tonne (\"g/t\") silver over a 4.6 metre chip sample of bleached, bitumen spotted and altered Jurassic sandstones of the Saltwash member of the Morrison Formation. \n \n \n \n \n \n Copper mineralized sandstones at the Northeast Fault target can be traced along the fault and outboard from it into the adjacent sandstones over an area 200 metres long by 100 metres wide before becoming obscured beneath gravel cover. Further anomalous copper, including 2.1 metres of 463 ppm copper, was encountered over one kilometre to the northwest where the structure and host strata next appear from beneath the same gravel cover.\n \n \n \n \n \n \n Kyler Hardy, President and CEO of Cloudbreak\n \n \n , reflected on Klondike, commented:\n \n \"We are in a great position at Klondike having defined three high priority areas...