Cloudbreak to Commence Drill Program on "Dowd Lake Coal Property", Saskatchewan 6/25/2009 3:01:47 AM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Jun 25, 2009 (MARKETWIRE via COMTEX News Network) -- Cloudbreak Resources Ltd. (TSX VENTURE: CDB)(PINK SHEETS: CUDBF)(FRANKFURT: C6K) (the "Company") announces that it has signed a diamond drill contract with CorePro Drilling Inc., of Tisdale, Saskatchewan. The first phase drill program will entail drilling a minimum of six (6) diamond drill holes of approximately 50 - 150 meters in depth, with the option to drill an additional four (4) exploration holes. This Phase I 2009 drill program is designed to confirm and validate the Discovery Hole drilled in 2000 by Golconda Resources which intercepted 145 meters of "coal seams of varying thickness interlayered in unconsolidated sandstone". Each of the planned holes is targeted to test the Cretaceous Mannville Formation's near surface expression. The "Dowd Lake Coal Property" is comprised of a total of 96 Coal Prospecting Permits covering approximately 182,000 acres of prospective coal bearing lithologies issued to the Company by the Saskatchewan government.
Company Director Paul D. Gray, P.Geo. and President Richard Macey will be conducting a site visit of the "Dowd Lake Coal Property" together with CorePro Drilling Inc. during the first week of July 2009 to prepare for the drilling program.
Drilling operations will commence immediately following drill mobilization, which is anticipated to occur within the next three weeks. Should Phase I drilling prove positive, the Company would design and conduct a second phase of drilling exploration with the intent of outlining potential coal resources within the "Dowd Lake Coal Property".
The Dowd Lake Coal Property, which lies south of Wapawekka Lake, has been identified in GSC paper 89-4 (G.G.Smith, 1989) to host "coal which was misidentified as Lignite in the Wapawekka pit...and this coal maybe Sub Bituminous C coal". This area has also been identified by Pearson in 1961 as "Silica Sand and Coal Occurrences on Wapawekka Lake" of Cretaceous age. Within this report Pearson states, "The coal outcrops at Wapawekka Lake...(which) may indicate the northern edge of a coal field lying to the south, southwest and west of Wapawekka Lake."
Richard Macey, President & Director
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
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