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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

Post by mrsgoldmineron Jun 20, 2024 12:09pm
1323 Views
Post# 36098095

the usual methods, in other words.

the usual methods, in other words.

Back with uranium, George Sookochoff's Belmont Resources Inc. (BEA) rose one-half cent to three cents on 6,000 shares. The company is planning a "comprehensive" drill program at its Crackingstone project in northwestern Saskatchewan. The work is slated to include up to 40 holes spanning 10,000 metres over the next two years. (Be patient -- we did mention Belmont's shoestring share price.) The company is currently consulting with the locals, and it expects bureaucratic approvals in time for fall drilling.

Mr. Sookochoff, president and chief executive officer, is "very eager" to start drilling at Crackingstone, which, he beams, hosts "some of the most promising drill targets in the Athabasca region." Those targets, he cheers, were picked based on the presence of strong radiometric anomalies, surface sampling with assays topping 1 per cent uranium oxide, geology, geophysics, or high scintillometer readings -- the usual methods, in other words.

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