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Cloudbreak Resources Makes Submissions in Saskatchewan for an Additional 112,000 Acres VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jul 24, 2008 -- CLOUDBREAK RESOURCES LTD. (CDNX:CDB.V - News)(Other OTC:CUDBF.PK - News)(Frankfurt:C6K.F - News). President Blair Naughty is pleased to report Cloudbreak
Resources Ltd. has applied for a 100% interest in a further
126 Coal Dispositions located on the east side of the Pasquia
Hills of East-Central Saskatchewan. This acquisition is
in addition to the 354 Dispositions already pending in the
system. These Coal Dispositions are in proximity to the
recently announced coal discovery by Goldsource Mines Inc.,
approximately 50 kilometers northwest of Hudson Bay, Sask.
All of the applications to date are to the northwest of
Goldsource's discovery holes. This now brings Cloudbreak's applications for land permitting in the area from 29.5 townships (approximately 668,000 acres) to 40 townships (approximately 910,000 acres). Applications were made in accordance with the Coal Disposition Act of Saskatchewan and granting of permits is dependent upon regulatory requirements to process the applications. To date the Cloudbreak Resources has received comfort letters on 4 townships. The company anticipates receiving further clarification on the past dispositions that were applied for in the near future. President Blair Naughty states, "We are still extremely excited about the area and its potential regardless of recent developments on the Goldsource front. We firmly believe that the area is still in the very early stages of exploration, and that there is great potential for further discoveries. The company will continue to look at strategic staking opportunities and once the comfort letters and permits are received, we expect to be one of the largest land holders in the area. The company has located historical drill holes from the 1960's drilled by oil companies, and the logs show significant coal intercepts. Cloudbreak has staked according to these historical reports, and will disseminate the results upon receipt of comfort letters on such properties." This news release has been prepared on behalf of the Cloudbreak Resources Board of Directors, which accepts full responsibility for its contents. The contents of this release have been reviewed and approved by Marvin A. Mitchell, P.Eng, a qualified person as defined by National Instrument 43-101. ON BEHALF OF THE BOARD Blair Naughty, President & Director
Contact: Contacts:
Cloudbreak Resources Ltd.
Rich Macey
(604) 669-0401
Cloudbreak Resources Ltd.
Blair Naughty
President & Director
(604) 669-0401
(604) 669-0414 (FAX)
Website: http://www.cloudbreakresources.com
Source: Cloudbreak Resources Ltd.
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