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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Post by Appreciation777on Mar 13, 2023 12:57pm

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Post# 35335125

Uranium is on the move

Uranium's Mixed February

<span "="">Although February saw a reversal of January's positive market results, spot uranium posted a slight gain of 0.20%, outperforming many other asset classes. Uranium miners made headlines with significantly-sized uranium contracts that reflect higher demand for long-term supply commitments. Market fundamentals are the most positive in over a decade and are likely to continue to drive performance.

By Jacob White
Senior Analyst, Sprott Asset Management

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