Question 1

What WA EIS co-funded geophysics grant did Cloudbreak Discovery receive for the Paterson Project MobileMT survey?

Accepted Answer

On 20 May 2026, Cloudbreak Discovery received a WA EIS co-funded geophysics grant of up to AUD 269,270 (plus up to AUD 50,000 one-off payment) to support the MobileMT survey on the Paterson Project.

Question 2

Which company and consultant are involved in interpreting the Paterson Project MobileMT survey data?

Accepted Answer

Expert Geophysics flies the Paterson Project MobileMT AFMAG heliborne survey, and Russell Mortimer of Southern Geoscience Consultants interprets the resulting data.

Question 3

When did Cloudbreak Discovery release the MobileMT survey completion and interpretation results for the Paterson Project?

Accepted Answer

Cloudbreak Discovery released MobileMT survey completion and interpretation on 20 May 2026 after airborne survey and interpretation by Southern Geoscience Consultants, refining and prioritising Cu-Au-Mo drill targets within the Paterson Project.

Question 4

How much grant funding did the WA Exploration Incentive Scheme provide for Cloudbreak Discovery’s MobileMT survey over the Paterson Project?

Accepted Answer

The WA Exploration Incentive Scheme provided a A$219,270 grant for 2,148 line-kilometres of Cloudbreak Discovery’s Paterson Project MobileMT survey.

Question 5

Who is handling acquisition for Cloudbreak Discovery’s airborne MobileMT survey over the Paterson Project?

Accepted Answer

Expert Geophysics is handling acquisition for Cloudbreak Discovery’s airborne MobileMT survey across its Paterson Project.

Question 6

How much is the Western Australian Exploration Incentive Scheme grant for Cloudbreak’s Paterson Project MobileMT survey?

Accepted Answer

Cloudbreak’s Paterson Project MobileMT survey received an EIS grant of up to A$269,270 (with total program cost of A$438,540, including government support of about 50%).

Timeline

Cloudbreak Discovery

Cloudbreak starts airborne survey at Paterson copper-gold project

Cloudbreak Discovery lands heritage agreements for its Western Australian projects

Cloudbreak secures govt co-funding for Paterson project

Cloudbreak targets Darlot West and Crofton projects with drilling plans

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