Cloudbreak Completes the First Stage of Its Drilling Program at Karanlikkoy, on Its Ikiztepe-Sarp Cu-Mo-Au Project, NW Turkey.VANCOUVER, British Columbia -- Cloudbreak Resources Ltd. (the "Company") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:CDB CDB Common Database CDB Caribbean Development Bank CDB Convention sur la Diversité Biologique (Convention on Biological Diversity) CDB China Development Bank (Beijing, China) CDB Capital Development Board ) (FWB (Fixed Wireless Broadband) See fixed wireless. :C6K), a mining exploration company with primary assets in Turkey, Romania, and Argentina, is pleased to announce that the Company has completed the first stage of its drilling program at the Karanlikkoy epithermal gold target, on its Ikiztepe-Sarp licenses, in NW Turkey. The planned drilling program at Ikiztepe-Sarp consists of approximately 2,500 metres of reverse circulation (RC) drilling, focused on four target areas. Highlights --A 2,500 m RC drilling program has commenced on the Ikiztepe-Sarp tenement in Turkey to test known porphyry Cu-Mo-Au, epithermal Au, and Cu-Mo-Au skarn skarn In geology, a metamorphic zone developed in the contact area around igneous rock intrusions when carbonate sedimentary rocks are invaded by and replaced with chemical elements that originate from the igneous rock mass nearby. targets. --Drill testing of the Karanlikkoy epithermal gold target has been completed with 6 holes for a total of 550m. --5 new licenses have been acquired with J.V. partner Anatolia Minerals covering 52.7 km(2) bringing the total Ikiztepe-Sarp Belt property package to a total of 19 licenses, covering 337.7 km(2). Karanlikkoy Epithermal Gold Target A total of 6 RC drill holes totalling 555 metres have been completed on the Karanlikkoy gold target area.
DRILLHOLE NUMBER DIP TOTAL DEPTH
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KARC 001 -90 123 m
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KARC 002 -60 137 m
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KARC 003 -90 145 m
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KARC 004 -90 60 m
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KARC 005 -90 50 m
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KARC 006 -90 40 m
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Previous sampling of a road cut outcrop in the Karanlikkoy Au prospect has returned chip-channel samples of 23.2 m at 3.37 g/t Au, including a high-grade interval 1.6 m at 24.24 g/t Au in partly silicified si·lic·i·fy v. si·lic·i·fied, si·lic·i·fy·ing, si·lic·i·fies v.tr. To convert into or impregnate with silica. v.intr. To become converted into or impregnated with silica. schist schist (shĭst), metamorphic rock having a foliated, or plated, structure called schistosity in which the component flaky minerals are visible to the naked eye. . The RC drilling program was designed to test the depth extensions of this surface mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. with holes being drilled to depths of 150 metres. The drill-tested area comprises approximately 3 hectares. All holes are sampled at one-metre intervals and for geochemical analysis and assaying at two-metre intervals. Samples have been shipped to the sample preparation facilities of ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund. Chemex at Izmir in Turkey for pulp preparation and are then sent to the ALS Chemex assay laboratory in North Vancouver, British Columbia, Canada. Assaying is by 30 g fire assay with AA finish for Au and 34 elements by aqua regia digestion and ICPES ICPES International Conference on Power and Energy Systems for Ag, Cu and other base metals. ALS Chemex has ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001:2000 certification in North America. Results for the first completed drilling stage are expected within 2 weeks. East Camp Cu-Au Porphyry/Skarn Target The second stage of the RC drilling program is underway on the East Camp Cu-Mo-Au porphyry/skarn target, located 12 km to the east of Karanlikkoy. A total of 448.50 metres have been drilled to date. After completion of the drilling at the East Camp target area, the program will continue to drill-test skarn mineralization at the Sogukpinar and Sukrupasa targets. Ikiztepe-Sarp Mineral Belt -- New Licenses The Company is also pleased to announce that Anatolia Minerals Development Limited (TSX:ANO Noun 1. ANO - a Palestinian international terrorist organization that split from the PLO in 1974; has conducted terrorist attacks in 20 countries; "in the 1980s the Fatah-RC was considered the most dangerous and murderous Palestinian terror group" ) has successfully acquired a further 5 strategic properties with an area totalling 52.7 km(2), bringing the total Ikiztepe-Sarp joint venture properties to a total of 19 aggregate licenses, covering a total area of 337.7 km(2). The licenses include the extension of the favourable Ikiztepe-Sarp geology and mineralization. Dr. Martin S. Oczlon, Ph.D. Geo, a Director of Cloudbreak Resources and qualified person as identified by National Instrument 43-101, has reviewed and verified the technical content of this release. ON BEHALF OF THE BOARD OF DIRECTORS CLOUDBREAK RESOURCES LTD. Per: "Mitchell Adam" Mitchell Adam, Director and President The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. |
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