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Cloudbreak Reports High-Grade Gold and Silver at Crofton Project in Western Australia

Story Highlights
  • Cloudbreak confirms very high-grade gold and silver assays at its Crofton Gold Project in Western Australia.
  • Results strengthen Crofton’s economic potential and prompt immediate follow-up work amid strong precious metal prices.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cloudbreak Reports High-Grade Gold and Silver at Crofton Project in Western Australia

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Cloudbreak Discovery PLC ( (GB:CDL) ) has shared an announcement.

Cloudbreak Discovery PLC has reported new surface assay results from its Crofton Gold Project in Western Australia, confirming very high-grade gold and significant silver mineralisation across a 1km by 4km area of extensive quartz veining within the Yilgalong granite. Recent multi-element and fire assays returned gold grades up to 142 g/t and silver up to 175 g/t, while Photon Assay results corroborate earlier work with gold grades exceeding 160 g/t, reinforcing historical high-grade findings and indicating that silver occurs both alongside and independently of gold. These results strengthen the geological case for Crofton to host potentially economic vein-hosted gold and silver mineralisation and underscore the project’s strategic importance for Cloudbreak as it moves to immediate follow-up work, including systematic surface geochemical sampling, at a time of historically strong gold and silver prices.

The most recent analyst rating on (GB:CDL) stock is a Hold with a £0.65 price target. To see the full list of analyst forecasts on Cloudbreak Discovery PLC stock, see the GB:CDL Stock Forecast page.

Spark’s Take on GB:CDL Stock

According to Spark, TipRanks’ AI Analyst, GB:CDL is a Neutral.

The score is driven primarily by weak financial performance (no revenue, ongoing losses and cash burn, and negative equity in 2025). Technicals add a modest headwind with negative MACD and the stock trading below key short-to-medium term moving averages. Valuation is constrained by a negative P/E and no indicated dividend yield.

To see Spark’s full report on GB:CDL stock, click here.

More about Cloudbreak Discovery PLC

Cloudbreak Discovery PLC is a London-listed mineral exploration company focused on gold, precious and base metals, primarily in Western Australia. Through wholly owned subsidiaries, it pursues a multi-asset, generative model aimed at advancing high intrinsic value commodity projects toward near-term cash flow and enhancing shareholder value.

Average Trading Volume: 12,560,753

Technical Sentiment Signal: Buy

Current Market Cap: £12.49M

Find detailed analytics on CDL stock on TipRanks’ Stock Analysis page.

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