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.