Belmont Resources Inc V.BEA

Alternate Symbol(s): BELMF

Metals & Mining Industrial Metals & Minerals

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.

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Belmont Resources Inc

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Comment by dryhumperon Nov 02, 2016 8:31am

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Post# 25414359

RE:RE:The oddity ?

200-300 ppm is workable but I doubt anyone would spend 300M to bring it into production. Once you are in production you can extend a project life for a very long time on low grade brine. Wango definitely has no clue regarding Lithium Exploration and Mining. Sadly, people read a few articles that are beyond their comprehension and they think they know everything there is to know about a subject. I agree with anyone who claims that the results thus far from BEA are dreadful. It is a fact, an undeniable fact. They will have great difficulty raising money now. This is an example of poor management. They should have raised a million or more prior to putting out results. They had the market on hype and speculation. They lost that. If those drills fail they are done. Enough time wasted on this stock! Fight it out amoung yourselves!

doubloon2000 wrote: Does not take long to expose the idiots, the following are recorded in press releases or Sedar filings

Albemarle Mine
A working mine producing Lithium from a 1500 to 2000 parts per million deposit

Pure Energy Minerals
Inferred Resource estimate on the Clayton Valley Project of 816,000 metric tonnes of Lithium Carbonate Equivalent (LCE)
Cypress Development
First Surface Samples ~ 3000 parts per million
Second Surface Samples ~ up to 2600 parts per million