High resolution survey in White Gold district
Cloudbreak Resources Ltd. announces the commencement of a high resolution airborne geophysical survey on its gold properties (12,457 acres) in Yukon’s White Gold district. Cloudbreak’s claims adjoin Kinross’s White Gold property only 5.3 km east of its Golden Saddle deposit. These claims are underlain by the same geologic unit that hosts the Golden Saddle deposit as well as multiple new high grade gold discoveries on Kaminak’s Coffee Creek property 30 km to the south.
After compiling and analyzing the results of field work reported in its February 25, 2010 news release, and completing a NI 43-101 technical report on August 11, 2010 Cloudbreak has commissioned Precision Geosurveys Inc. to conduct a state-of-the-art, high resolution helicopter-borne geophysical survey in order to confirm structures that are associated directly or indirectly with the linear gold-soil anomalies. The survey is being flown with a 50 m line spacing and a sensor elevation of only 35 metres above ground, and is expected to result in very high quality data that will confirm and identify key structures that may be associated with the known gold on the property, as well as developing additional targets for follow-up in Cloudbreak’s planned 2011 surface exploration program.