Belmont Stakes Additional Claims and Commissions Exploration Drilling Program
Budget on Berthiaume Property-Abitibi Greenstone Belt,
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/18/13 -- Belmont
Resources Inc. ("Belmont", the "Company") (TSX
VENTURE:BEA)(PINKSHEETS:BEAAF)(FRANKFURT:L3L) - Further to our news
release dated February 12, 2013 and very encouraging results of the
Induced Polarization ("IP") geophysical survey completed on the
Berthiaume (the "Be") property, and following recommendations of the
consulting engineer, the Company has arranged the staking of two
additional claims (approx. 112 ha) on the West Block and directly
north of the West Grid.
The Company has also commissioned a drilling, sampling budget
comprising approximately 1800 metres of NQ diamond drilling.
The Company is considering commencing this exploration program
immediately after spring breakup.
About Belmont Resources Inc.
In June 2012, the Company entered into a property option agreement to
acquire four groups of mineral (51) claims, representing 2,254.27
hectares in the Berthiaume, Orvilliers and Joutel Townships, all
located within the Abitibi Harricana-Turgeon volcanic greenstone of
Northwestern, Quebec. This belt hosts several world- class deposits
that have produced both gold and base metals.
The Company has just recently fulfilled the final terms of the
February 2010 option agreement and have now acquired a 100% interest
in 3,040 ha. (23 contiguous mineral claims), known as the Lumby/Bufo
property located approximately 35 km. northeast of the town of
Atikokan. The property adjoins the "Hammond Reef" gold deposit,
belonging to Osisko Mining Corp. (former Brett Resources Inc.), along
strike to the north-northeast.
In 50/50 ownership with International Montoro Resources Inc., Belmont
has acquired and is exploring two significant uranium properties
(Crackingstone -982 ha & Orbit Lake - 11,109 ha) in the Uranium City
District in Northern Saskatchewan.
Further information can be found on the Company's website at
www.BelmontResources.com and on www.Sedar.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Gary Musil, Corp. Secretary/CFO/Director
This Press Release may contain forward-looking statements that may
involve a number of risks and uncertainties. Actual events or results
could differ materially from the Companies forward-looking statements
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as the term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this news
Belmont Resources Inc.
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