The ability to archive projects in the JIRA Cloud has been a new feature in premium subscription, however according to the documentation we still should be able to view archived issues.
Issues in archived projects won't appear in basic or advanced search results. You can access these issues through direct links, but you can't edit them.
I have a link when i click on it it tells me i don't have permissions being the Org and Site admin. 1st screenshoot me searching for the issue with the key. 2nd is going directly to the issue with the link.
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