Cloudbreak Resources Ltd.
TSX VENTURE : CDB
FRANKFURT : C6K
PINK SHEETS : CUDBD

Cloudbreak Resources Ltd.

July 11, 2007 10:16 ET

Cloudbreak Commences Drilling on its Ikiztepe-Sarp Property, NW Turkey

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 11, 2007) - Cloudbreak Resources Ltd. (TSX VENTURE:CDB)(PINK SHEETS:CUDBF)(FRANKFURT:C6K) with primary exploration and development assets in Turkey, Romania and Nevada is pleased to announce the mobilization of 2 Diamond Drilling rigs on its Ikiztepe-Sarp licenses in NW Turkey.

In conjunction with the current Geophysical program underway drilling has begun on the Derekoy target. The objective is to confirm good historic results and to widen the known mineralized zones, aiming at establishing an inferred resource in this or the following drill round.

Cloudbreak is earning a 65% interest in the properties, through an agreement with Valhalla Resources Ltd. ("Valhalla"), a private Cyprus based company. The properties are owned by a Turkish subsidiary of Anatolia Minerals Development Limited (TSX: ANO). To earn up to a 65% interest in the properties Cloudbreak must make property payments of $1.2-million (US), completing work expenditures of $5-million (US) and issuing 1.2 million common shares of Cloudbreak, over a 5 year period.

Marvin Mitchell, P. Geo, a director of Cloudbreak Resources and qualified person as identified by National Instrument 43-101, has reviewed and verified the technical content of this release.

ON BEHALF OF THE BOARD

Blair Naughty, President

The statements that are not historical facts are forward-looking statements involving known and unknown risk factors and uncertainties which may cause actual results to vary considerably from these statements. The risks and uncertainties include those described in the company's quarterly filing with the SEC and other period filings.

The TSX has neither approved nor disapproved of the information contained herein.

Contact Information

  • Cloudbreak Resources Ltd.
    Blair Naughty
    President
    (604) 669-0401
    (604) 669-0414 (FAX)
    Website: www.cloudbreakresources.com
    or
    Progressive Investor Relations
    (604) 689-2881