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Belmont Resources Inc V.BEA

Alternate Symbol(s):  BELMF

Belmont Resources Inc. is a Canada-based company. The Company is engaged in operating a portfolio of highly prospective copper, gold, lithium, uranium and rare earths projects located in British Columbia, Saskatchewan, Washington and Nevada States. Its holdings include Athelstan-Jackpot (A-J), Crackingstone Uranium, Come By Chance (CBC), Lone Star Copper-Gold, and Kibby Basin Lithium. The A-J is the Company’s two former gold mines. Athelstan gold mine area drilling indicates a peripheral alteration zone to a potential deep-seated copper-gold porphyry. The Crackingstone Uranium is a high-grade uranium property situated in the prolific Beaverlodge Uranium District of the Athabasca basin. The Project covers four kilometers of the Black Bay Shear Zone, a northeast trending magnetic low corridor which hosts four past producing mines. CBC offers a potential large copper-gold porphyry. The Kibby Basin Lithium project is located 60 kilometers north of the lithium-rich Clayton Valley Basin.


TSXV:BEA - Post by User

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Post by upickmon Apr 13, 2016 11:31pm
182 Views
Post# 24764902

Lithium: Early Warning Report on Belmont Resources Inc.

Lithium: Early Warning Report on Belmont Resources Inc.
 

ZURICH, SWITZERLAND / ACCESSWIRE / April 13, 2016 / Today, mining analyst Stephan Bogner from Rockstone Research published an initiating coverage on Belmont Resources Inc. (TSX.V: BEA) and will provide a more detailed review after the potential announcement of the start of an exploration program on its recently acquired Kibby Basin Lithium Property, which is located 65 km north of the Clayton Valley in Nevada, USA.

Belmont believes the property to be highly prospective to host lithium brines and plans to conduct an exploration program of detailed geologic and geophysical mapping, along with surface sampling within the current exploration season.

Rockstone is looking forward to the announcement of starting an exploration program as Nevada enjoys unmatched infrastructure, consistent permitting protocols, a social license to operate, and a safe operating environment. Nevada is home to Tesla's $5 billion lithium-ion battery Gigafactory currently under construction, as well as the soon to be built Faraday Future $1 billion electric car plant.

The full report can be accessed with the following links:

English (PDF):

https://rockstone-research.com/images/PDF/Belmont1en.pdf

English (web version):

https://rockstone-research.com/index.php/en/research-reports/905-Early-Warning-Report-on-Belmont-Resources

German (PDF):

https://rockstone-research.com/images/PDF/Belmont1de.pdf

Disclaimer: Please read the full disclaimer within the full research report as a PDF as fundamental risks and conflicts of interest exist.

SOURCE: Rockstone Research

https://www.accesswire.com/img.ashx?id=438745


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