Belmont Appoints Veteran Geologist
Press Release
April 24, 2025 -Vancouver, B.C., Canada; Belmont Resources Inc. (“Belmont” or the “Company”) (TSX.V: BEA; FSE: L3L2) is pleased to announce the hiring of Bruce Laird, P. Geo., as consultant geologist and Independent Qualified Person as defined in National Instrument 43-101
Mr. Laird will lead the exploration activities and advancement of the geological understanding of Belmont’s Come By Chance and A-J projects in southern British Columbia.
Bruce Laird, P.Geo., is a seasoned geologist and project manager with over two decades of experience in mineral exploration across British Columbia, Canada, the United States, Mexico, Central America, and the Caribbean. Since 2004, he has worked as a self-employed consulting geologist, managing mineral exploration programs and providing project management services to a variety of exploration companies in British Columbia.
Laird has extensive expertise in geological data collection, QA/QC and interpretation with hands-on experience managing exploration programs for porphyry copper, gold, and molybdenum projects, as well as low sulfidation epithermal gold, volcanic massive sulphide, and SEDEX systems. Notably, he contributed to the discovery of the Main Ridge epithermal gold mine in Jamaica and the Chiquibul gold mine in Belize and served as project geologist for several years on the Woodjam Cu/Au/Mo porphyry project in BC.
“We are very pleased to welcome Bruce Laird to the Belmont team as consultant geologist and Independent Qualified Person,” commented George Sookochoff, President and CEO of Belmont Resources. “Bruce’s extensive experience and proven track record in mineral exploration, both in British Columbia and internationally, will be invaluable as we advance our Come By Chance and A-J projects. His hands-on expertise in a range of deposit types and his leadership in successful discovery programs will greatly enhance our technical capabilities and support our commitment to delivering value to our shareholders.”
About Belmont Resources
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
Belmont has assembled a portfolio of highly prospective copper, gold, lithium, uranium and rare earths projects located in British Columbia, Saskatchewan, Washington and Nevada States.
Flagship projects:
- Come By Chance (CBC) Copper-Gold Porphyry Target – British Columbia:
Drilling Planned Q2-2025
- Compelling Porphyry target Identified: Exploration results are vectoring toward a large, untested coincident magnetic, chargeability, resistivity geophysical anomaly. This multi-coincidence anomaly is considered one of the most promising targets for a vertically extensive porphyry center.
- 2022 Phase I drilling identified the Propylitic outer perimeter of the potential porphyry system.
- Q2-2025 Phase 2 drilling scheduled to test this high-priority potential mineralized porphyry core.
- Athelstan-Jackpot (A-J) Gold – British Columbia:
Drilling Planned Q3-2025
- A-J Gold Project, which includes two past producing gold mines—Athelstan and Jackpot—that yielded 7,600 ounces of gold and 9,000 ounces of silver (Minfile 082ESE047). Key highlights of the project include:
- Extensive Surface Gold Mineralization: A 1,500-meter gold trend with widespread surface gold mineralization has been identified.
- Potential Resource Estimate: Previous trenching and sampling suggest a potential resource of 2,000 to 5,000 ounces of gold in surface and near-surface mineralized areas (2002 Summary Report by R.E. Miller, P.Geo).
- Exploration Focus: Belmont is investigating the potential for economic gold grades in mineable surface and near-surface ore zones along this trend.
- Upcoming Drilling Program: In Q3 2025, drilling will target south-west trending linear high-resistivity zones identified as potential feeders originating from Jackpot fault. Jackpot fault may be providing conduit for mineralized hydrothermal solutions to surface.
- Crackingstone Uranium –Located in Saskatchewan’s uranium-rich Athabasca Basin.
- Exceptional High-Grade Uranium Potential: The property has demonstrated historic grab sample grades of up to 15.6% U₃O₈. Previous mining on the site produced 11 tons at an average grade of 2.3% U₃O₈.
(A Qualifying 43-101 Report On the Crackingstone River-Ruza Property Beaverlodge District SE of Uranium City Saskatchewan for Belmont Resources Inc. By R.A. Bernatchez, P. Eng. Consulting Geologist, July 11, 2006)
- Extensive Mineralized Corridors: Three major conductive and structural mineralized corridors, totaling 10 kilometers in length, have been identified and are associated with high-grade uranium occurrences.
- Comprehensive Drilling Program: Belmont has submitted a permit application for a two-year drilling initiative, which includes 40 drill holes totaling 10,000 meters. This program reflects the company’s confidence in the property’s potential to host significant uranium resources.
Situated just six kilometers from Uranium City, the Crackingstone property benefits from excellent infrastructure, including road access, power availability, and logistical support. Belmont’s exploration efforts also include evaluating rare earth element (REE) potential on the property, further enhancing its strategic importance.
Optioned out projects:
- Lone Star Copper-Gold – Washington State: 50% optioned to Australian Marquee Resources ASX:MQR; MQR has spent $2.5M in drilling, completed new resource in Dec. 2022 and a PEA in November 2023. (BEA NR Nov. 29, 2023)
- Kibby Basin Lithium – Nevada State: 80% optioned to Australian Marquee Resources ASX: MQR; project located 60 kilometers north of the lithium rich Clayton Valley Basin. MQR has spent $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. (BEA NR Dec 8, 2022).
NI 43-101 Disclosure:
The technical and scientific information in this news release has been reviewed and approved by Laurence Sookochoff, P.Eng. Technical Advisor of the Company, who is a Qualified Person as defined by NI 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
“George Sookochoff”
George Sookochoff, CEO/President
Ph: 604-505-4061
Email: george@belmontresources.com
Website: www.BelmontResources.com
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