Good News
Belmont samples 1.24% U3O8 at Crackingstone
2008-02-01 13:41 ET - News Release
Mr. Vojtech Agyagos reports
BELMONT SAMPLING RESULTS UP TO 1.24% U3O8 ON CRACKINGSTONE/ORBIT CLAIMS, URANIUM CITY, SASK.
Belmont Resources Inc. is releasing the sample assay results from the summer exploration program on historical uranium occurrences on the Crackingstone-Orbit properties, Uranium City, Sask. The company and its joint venture partners, International Montoro Resources Inc. and Ultra Uranium Corp., have confirmed additional presence of strong uranium mineralization at several showings. These sample results and the recent airborne magnetic and radiometric surveys will be used for defining the drill program planned for the first quarter of 2008. A detailed map outlining the locations of each of the samples will be available on the company website.
The summer program consisted of 278 channel and 12 grab samples from 18 of 32 known uranium showings. All samples contained uranium values. Two of the showings, Beck No. 236 and Beck No. 183, had spectrometer readings over 65,350 counts per second (beyond instrument limits). Some of the highest assays were obtained from Beck 94 (1.24 per cent uranium oxide), Beck 110 (0.132 per cent U3O8), Beck 183 (0.12 per cent U3O8), Beck 44 (0.75 per cent U3O8) and Beck 89 (0.81 per cent U3O8). A total of 81 of the 290 samples assayed over 75 parts per million uranium (greater than 0.009 per cent U3O8), 34 samples over 500 ppm uranium (greater than 0.059 per cent U3O8), 21 samples over 1,000 ppm uranium (greater than 0.12 per cent U3O8) and five samples over 5,000 ppm uranium (greater than 0.59 per cent U3O8).