Koan, this may help solve some of the mystery...hsb
TSX VENTURE: CDB PINK SHEETS: CUDBF FRANKFURT: C6K Jun 20, 2008 16:29 ET Cloudbreak Resources Ltd.: Application Underway for 774,282 Acres of Potash Claims Alberta VANCOUVER, BRITISHCOLUMBIA--(Marketwire - June 20, 2008) - CLOUDBREAK RESOURCES LTD. (TSXVENTURE:CDB)(PINK SHEETS:CUDBF)(FRANKFURT:C6K) is pleased to report thecompany has applied for a number of metallic mineral permits from theDepartment of Alberta Energy, Mineral Development Division in Edmonton,Alberta in the Vermillion area on the Saskatchewan-Alberta border,which include the rights to subsurface potash, totaling 774,282 acres.
According to an overview of work conducted by Royal AmericanPetroleums Ltd. in 1966 filed with the Alberta Geological Survey inMineral Assessment Report (19660009): "The geological strata andbasinal effects in the Vermilion area are closely related to thepotash-rich areas of Esterhazy, Saskatoon and Unity."
The study of this portion of Alberta showed the presence of asubstantial quantity of carnallite and possible sylvite in theVermillion area in the East Central Plains of Alberta. Literature madeavailable from the Alberta Conservation Board, corroborates this potashoccurrence in Alberta.
The potash minerals are found in the Prairie Evaporite section ofthe Middle Devonian Elk Point Basin. The carnallite minerals lie on topof a thick 400 foot section of common salt (halite). A thickness oftwelve feet of carnallite was reported to be present and the pinkishand greyish mineral, in all probability sylvite, occurs through thefirst 80 feet of the Prairie Evaporite. Potash occurs over the upper150 feet at Esterhazy and in the Saskatoon area.
The potash minerals are of the same composition and depositionalsequence and depth as the potash at Unity, Saskatchewan, the locationof Canada's first Potash Mine. A possible potash bed occurs at 2600feet in the Prairie Evaporite which could be an extension of the Unitydeposit. The lower deposits are separate but occur at 3500 feet similarto the Saskatoon deposits.
This news release has been prepared on behalf of the Board ofCloudbreak Resources Board, which accepts full responsibility for itscontents. The contents of this release have been reviewed and approvedby Marvin A. Mitchell, P.Eng, and Director of Cloudbreak is a qualifiedperson as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD
Blair Naughty, President & Director
The TSX Venture Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release.
For more information, please contact
Cloudbreak Resources Ltd. Blair Naughty (604) 669-0401
or
Cloudbreak Resources Ltd. Rich Macey (604) 669-0401
or
Cloudbreak Resources Ltd. Shelly Hildebrandt (604) 669-0401 (604) 669-0414 (FAX) Email: info@cloudbreakresources.com Website: www.cloudbreakresources.com Click here to see all recent news from this company |