Belmont Resources Inc. reports results from an ongoing drilling program on the Belmont-Marquee Resources. Lone Star Joint Venture in North Eastern Washington State. Highlights: LS21-003: 5.0m @ 4.4% CuEq from 72.4m LS21-003: 22.3m @ 1.1% CuEq from 125.6m LS21-003: 55.8m @ 0.6% CuEq from 155.2m Highlights Released January 6, 2022 LS21-001:44.2m @ 1.5% CuEq from 65.8m Validate the historical 252 drill hole database and [...]
Belmont Resources Inc. is pleased to announce that its Notice of Work Application for a 5-year drill permit at its Come By Chance Project in southwest BC has been approved. The CBC Multi-Year Area Based permit is for a total of 30 drill sites, with 6 sites approved for the first year. Multiple holes can be drilled from each of the sites. "We are excited to be able to move forward with our initial drill program at Come By [...]
Belmont Resources is pleased to provide an update on the progress of the 6,000 m, 42 hole, drill program on the Lone Star copper-gold project in Washington State. Fourteen drill holes have been completed to date for a total of 2,500 meters and mineralized stratigraphy was encountered in every hole thus far. From the drilling to date a new geological model has developed for the Lone Star project to be that of a submarine [...]
January 17, 2022; Belmont Resources Inc. , , announces that pursuant to the January 7, 2022 news release, the TSX Venture Exchange has accepted for filing documentation related the Company's issuance of 500,000 common shares related to two earn-in agreements between the Company and Marquee Resources. as finder's fee to a Non-related third party. The shares will have a hold period of 4 months + 1 one day expiring May 18 [...]
Belmont Resources Inc. is pleased to report the results from the fall 2021 program of 3D Induced Polarization, prospecting and rock sampling on the company's 100% owned CBC Property near Grand Forks, Southern British Columbia. The 3D IP Survey was completed by Frontier Geoscience and tested a 478 hectare area that covered the majority of the property. Watch video at: https://bit.ly/3fgUXbJ Click Image To View Full Size [...]
Highlights: Wide zones of high-grade copper mineralization confirmed from first two diamond drill holes with significant elevated gold and silver values also received. Multiple zones of mineralization intersected which include: LS21-001 44.2m @ 1.3% Cu from 65.8m 22.1m @ 1.15% Cu from 140.4m LS21-002 15.54m @ 3.7% Cu 1.8g/t Au from 48.3m 53.6m @ 0.8% Cu from 120.7m Drilling ongoing with 7 diamond holes of 42 completed as [...]
Belmont Resources Inc. Further to our news release of November 4th regarding the Option Agreements on the Lone Star- Washington and Kibby Basin-Nevada properties with Marquee Resources Ltd., and November 26th, 2021; the Company wishes to clarify the Finder's Fee agreement with an unrelated arm's length 3rd party. The Company has agreed, subject to regulatory approval to issue a total of 2 x 250,000 common shares at a [...]
Belmont Resources is pleased to announce results of voting at its annual general meeting of shareholders which was held Dec. 17, 2021 in Vancouver. All matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, were approved by an overwhelming majority of votes cast. George Sookochoff Gary Musil James H. Place Laurence Sookochoff Geoffrey D.G. Peretz [...]
Belmont Resources Inc. announces its option partner Marquee Resources Ltd. has completed the first two holes of a planned 42 hole, 5,800 meter drill program on the Lone Star copper-gold project in Washington State. George Sookochoff, President & CEO commented, "With the drill now operating 24/7, and will continue to do so throughout winter, we are well underway in achieving our goal of establishing a potential commercial [...]
Further to the press release issued by Belmont Resources Inc. dated August 31, 2021 whereby it was announced of the entering into a Property Option Agreement with Highrock Resources Ltd. for the disposition of up to a 75% interest in the Company Pathfinder gold-silver project in the Greenwood Mining District, southeastern, BC. The Company advises that Gary Musil is a director and officer of the Company and Highrock [...]
Belmont Resources Inc. is pleased to announce that it has entered into a binding term sheet agreement with respect to its Crackingstone Uranium Project in the Athabasca Basin of Saskatchewan with XS Resources Pty Ltd. XS Resources is an Australian private resource exploration company currently applying for listing on the Australian Securities Exchange Under the terms of the agreement, XSR will make cash payments totaling [...]
Belmont Resources Inc. announces its option partner Marquee Resources Ltd. has commenced a 5,800 meter drill program to further develop the known copper-gold deposit at its Lone Star Copper-Gold Project situated in the prolifically mineralized Republic Graben in Washington State. Drill Program - Initiation of a 5,800 meter drill program to supplement data from 252 historical drill holes. - 42 holes are planned to depths [...]