Belmont Resources Ltd. announces that it will apply to the TSX to close its previously announced private placement as to 2,922,000 Units at $0.07 or $204,540. Each Unit consists of one common share of the Company and one transferable share purchase warrant. Each Warrant entitles the holder to purchase one common share at a price of $0.10 for a period of two years. The Company closed its 1st tranche on January 6, 2021 as [...]
Belmont Resources Ltd. announces that it has applied to the TSX Venture Exchange for approval to close the 2nd and final tranche of the private placement announced on December 15, 2020 and conditionally accepted on January 6, 2021. NFT Units: Subject to approval, the Company will issue 1,672,000 Units. Each NFT Unit consists of one common share of the Company and one transferable share purchase warrant. Each Warrant [...]
Belmont Resources is pleased to announce that it has started drilling on the 100% owned Athelstan-Jackpot gold project in Greenwood Mining Camp of southern British Columbia. The 2,000 metre drill program is targeting potential causative sources of gold beneath two past producing gold mines. Click Image To View Full Size Drilling is focusing on two primary gold trends; East-West A-J and the North-South Contact mineralized [...]
Belmont Resources Inc. reports that it has granted a total of 875,000 incentive stock options under the Corporation's stock option plan to certain Directors, Officers, and Consultants of the Corporation. The options were granted at a deemed price of $0.07 and are exercisable until January 21, 2026. The incentive options are subject to a hold period of four months and a day from issuance. The granting of options is subject [...]
Belmont Resources Ltd. is pleased to announce drill crews are now preparing to mobilize and commence drilling on the Athlestan Jackpot gold project February 1, 2021. Belmont plans to complete 2,000 metres of drilling targeting potential causative sources of gold beneath two past producing gold mines. Drilling will focus on two primary gold trends; East-West A-J and the North-South Contact mineralized gold trends. Click [...]
Belmont Resources Ltd. is pleased to announce signing of a drilling contract for the Athelstan Jackpot gold project in the Greenwood mining camp of southern British Columbia, with commencement scheduled February 2021. The drilling program will be the first undertaken by Belmont at the project and represents a significant milestone for the Company following closing of a recent financing. Drilling will be completed by [...]
Belmont Resources Ltd. announces that it has applied to the TSX Venture Exchange for approval to close the first tranche of the private placement announced on December 15, 2020 for aggregate gross proceeds of up to $87,500 . The NFT Financing will consist of 1,250,000 Units – of the Company at a price of $0.07 per Share. NFT Units: Subject to approval, the Company will issue 1,250,000 Units. Each NFT Unit consists of one [...]
Belmont Resources Ltd. announces that it has applied to the TSX Venture Exchange for approval to close the flow-through portion of the private placement announced on December 15, 2020 for aggregate gross proceeds of up to $404,000. The FT Financing will consist of 5,040,000 Flow-Through Units - of the Company at a price of $0.08 per FT Share. FT Units: Subject to approval, the Company will issue 5,040,000 FT Units. Each [...]
Belmont Resources Ltd. announces a non-brokered private placement for aggregate gross proceeds of up to $555,000. The Offering will consist of up to 1,5 million Non flow-through Units-$105,000 at a price of $0.07 per Unit and up to 5.625 million Flow-Through Units -$450,000 of the Company at a price of $0.08 per FT Share. NFT Units: Each NFT Unit consists of one common share of the Company and one transferable share [...]
Belmont Resources is a junior mining company engaged in the business of acquiring past producing gold-copper mineral properties located in the highly prospective Greenwood-Republic mining camps. Belmont is utilizing new exploration technology as well as new geological modelling to identify gold-copper mineralized feeder systems to the relatively shallow historic mines. To view the video, click: https://bit.ly/378pBAC [...]
Belmont Resources Ltd is pleased to announce that permit approval has been granted by the British Columbia Ministry of Energy and Mines for drilling on the Company's A-J gold project, located in southern British Columbia. This is a five-year area-based permit covering surface exploration and drilling. A-J Mines & Mineralized Trends Further to receipt of the permit, the Company will undertake a 2,000-metre drilling program [...]
Belmont Resources Ltd. is pleased to announce that results from the recently completed Volterra 3D-IP survey on the company's A-J gold property have been received and interpreted. These results have identified several strong anomalies that are slated for drill testing. A-J Mines & Mineralized Trends During 2020, the company acquired the A-J project, compiled historic data, and carried out systematic exploration to advance [...]