VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Cloudbreak Resources Ltd.
(604) 669-0414 (FAX)
Progressive Investor Relations