Drilling Intersects 116 m @ 0.61 % Cu on the East Camp Skarn Target at Ikiztepe-Sarp, NW Turkey.VANCOUVER, British Columbia -- 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) ("Cloudbreak" or the "Company") a mining exploration Company with primary assets in Turkey, and Romania, is pleased to announce results of RC-drilling operations on the East Camp 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. prospect on its Ikiztepe-Sarp licenses in NW Turkey. Highlights --Drill-intersected 116 m @ 0.61 % Cu on the East Camp skarn prospect. Results have been returned for 4 of 9 holes completed (total of 744.50 m drilled to date). A total of 356 m have been completed on the remaining 5 holes and results are pending. East Camp Cu-Mo-Au Skarn Target The test drilling of the East Camp and Sogukpinar Cu-Mo+/-Au skarn targets have been completed with 13 holes for a total of 1,112 m RC. Both targets form a part of a single, approximately 1.2 km long E-W E-W East-West structure, with Sogukpinar representing the approximately 400 m long eastern part, and East Camp forming the approximately 600 m long western part. It is currently not known whether or not both mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. zones are connected. Nine holes have been completed at East Camp and four holes at Sogukpinar target areas. The results of four holes were received at East Camp to date; the results for the remaining 5 holes at East Camp and 4 holes at Sogukpinar are pending. Drill hole spacing varies between 50 m and 100 m. The East Camp prospect contains wide zones of silicification 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. , but also marble (metasomatically altered limestone forming the skarn front), both containing 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. genetically related to a Late Cretaceous granitic porphyry Porphyry, Greek scholar Porphyry (pôr`fĭrē), c.232–c.304, Greek scholar and Neoplatonic philosopher. He studied rhetoric under Cassius Longinus and philosophy under Plotinus. stock, located some 300 m to the north. Copper, with grades shown in Table 2, is mainly contained in chalcopyrite, bornite bornite Common copper-ore mineral, copper and iron sulfide (Cu5FeS4). Typical occurrences are found in Mount Lyell, Tasmania; Chile; Peru; and Butte, Mont. Bornite may form isometric crystals but occurs most commonly as irregular masses. , chalcocite chalcocite Sulfide mineral, Cu2S, that may be an important ore of copper. It belongs to a group of sulfide minerals formed at relatively low temperatures. Chalcocite alters to native copper and other copper minerals. , and copper carbonates in the oxide zone. Molybdenum-grades in Cu-mineralized intervals are usually in the range of 0.01-0.04%, and in some intervals, silver grades in the range of 10-30 ppm, indicating the potential for valuable by-products. Table 2: East Camp Skarn Prospect -- Significant Drill Results
DH FROM TO INTERCEPT Cu Au
ID (m) (m) (m) (%) (g/t)
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IRC 002 0 2 2 0.31 -
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92 96 4 0.34 -
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IRC 003 0 4 4 0.56 0.35
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40 42 2 0.21 -
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IRC 004 6 10 4 1.16 0.47
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62 80 18 0.36 -
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IRC 005 4 120 116 0.61 -
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Including 16 20 4 1.11 0.1
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" 38 54 16 1.18 0.12
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" 94 98 2 1.81
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" 98 100 2 1.19
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Note: Cu-mineralized intervals are calculated using a lower cut-off of
0.2 % Cu, no top cut, and include a maximum of 8 m internal waste
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Cloudbreak has been informed by project operator Valhalla Resources that further pending assays from the summer drill program should be received within the next three weeks. In addition Valhalla has informed the company that sample results from the company's Romanian Gold property are forthcoming in the next few weeks as well. 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. Mitchell Adam, Director and President www.cloudbreakresources.com 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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