IN BRIEF: Cloudbreak Discovery starts survey on Northwestern portfolio

Cloudbreak Discovery PLC - Vancouver, Canada-based natural resource project generator - Calls on Township, Canada-based Precision GeoSurveys Inc to conduct a high-resolution helicopter-borne magnetic survey over its Northwestern portfolio. Explains that the survey will identify prominent, potentially mineralised structures. Further, its aim is to help "delineate" lithologic contacts to determine the next phase of ground-based exploration.

Under the terms of "various option agreements," the survey will be financed by Toronto-based exploration company Power Group Projects Corp.

Its Northwestern portfolio consists of Northern Treasure, Rizz, Icefall and Atlin West, which are all located in British Columbia, Canada.

"Northern Treasure, our remaining project we staked in 2021, will benefit from the survey to guide the next phase and generate further interest from potential partners," Chief Executive Kyler Hardy says.

Current stock price: 2.92 pence, up 2.5% on Monday

12-month change: up 2.5%

By Abby Amoakuh; abbyamoakuh@alliancenews.com

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