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Bullboard - Stock Discussion Forum 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... see more

TSXV:BEA - Post Discussion

Belmont Resources Inc > BELMONT STICK THE TAIL ON THE WINNER PROJECT USA? CANADA?
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Post by moneywagon on Jan 05, 2024 1:49pm

BELMONT STICK THE TAIL ON THE WINNER PROJECT USA? CANADA?

About Belmont Resources

 

 
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Belmont Resources has assembled a portfolio of highly prospective copper, gold, lithium, uranium and rare earths projects located in British Columbia, Saskatchewan, Washington and Nevada States.

 

  • Athelstan-Jackpot (A-J): 2 former gold mines. Planned 2,000m drilling to target multi-coincident geophysical anomaly on strike with neighboring gold trend and gold mines.

  • Crackingstone Uranium-Rare Earths: Some of the highest grade Rare Earth Elements (REE’s) are being discovered in Northern Saskatchewan due to the presence of Uranium, Thorium Pegma ti tes. Crackingstone project meets the criteria for poten ti ally discovering a large REE’s deposit with its high grade uranium along with thorium and pegmatite. A review of 3,000m of 2008 drill data shows a 1.3km pegmatite dyke drilled but only assayed for uranium at that time. 2023 plans are to re-assay pegmatite sections for REE’s ; 

  • Come By Chance (CBC): 2021 geophysics delineated potential large copper-gold porphyry 
    2022 drilling provided further vectors towards potential core of porphyry; 

  • The Lone Star Copper-Gold: optioned to Australian Marquee Resources ASX:MQR. MQR has spent in excess of $2.5M in drilling, completed new resource in Dec. 2022, and is currently preparing a Preliminary Economic Assessment in order to earn 80% interest. 

  • The Kibby Basin Lithium project located 60 kilometers north of the lithium rich Clayton Valley Basin: Optioned 80% of the central Kibby Playa claim block to Australian Marquee Resources - MQR. MQR has spent in excess of $2.5M in drilling in 2022 for potential deep seated lithium brine. 2022 Drilling confirmed high levels of lithium-bearing sediments along with dissolved lithium in the groundwater. Mineralized intervals containing up to 924 ppm lithium with greater than 300 ppm lithium over thicknesses in excess of 450m have been identified in core samples of clay-rich playa sediments.

ON BEHALF OF THE BOARD OF DIRECTORS

“George Sookochoff”

George Sookochoff, CEO/President

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