Cloudbreak to Commence Exploration on Its 100% Owned Romanian Au-Ag Prospect.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Cloudbreak Resources Ltd (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, Mexico and Argentina is pleased to advise that the Company has received a detailed exploration schedule for its 100% owned Romanian company Stellar Minerale Srl, whose principal asset is a 100% interest in a mineral exploration license ("License") for the Muntele Rotund property with an area of 64 square kilometres (6400 ha), located approximately 40 km west of the 15.8 Moz Au world class Rosia Montana gold deposit. Know Au-Ag 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. occurs in veins and disseminated form, accompanied by Pb-Zn veins in the northern part of the property. Historic channel and rock-grab sampling from the better accessible part of the property is reported with typical grades in the range of 0.5-1.8 g/t Au and up to 421 g/t Ag (not compliant with current 43-101 reporting standards). Romanian state exploration created a total of 7 exploration galleries, which partly encountered mineralization, but none of the mineral occurrences was ever followed up by drilling. Cu-Mo mineralization is historically reported from the infrastructurally less well developed central part of the property, but was never followed up. The terrain morphology is hilly hill·y adj. hill·i·er, hill·i·est 1. Having many hills. 2. Similar to a hill; steep. hill with access mainly through forestry roads. All permitting work, such as 'Impact Study for Non-Destructive Exploration Work', 'Technical Memorandum for Land Exploration Surveying', etc. has been completed, and Cloudbreak has commenced a program consisting of stream sediment sampling, soil sampling, rock sampling, channelling, trenching, geophysical surveying (IP pole -- dipole), to be followed by drilling on selected targets. The exploration program was presented by Valhalla Resources Ltd., a private exploration company with assets in Romania, who will be the operator on behalf of the Company. Dr. Martin S. Oczlon, P. 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, 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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