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BEA Belmont Resources Inc

0.03
0.00 (0.00%)
04 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Belmont Resources Inc TSXV:BEA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.03 0.025 0.035 0 18:50:21

Belmont Resources Inc.: Induced Polarization Survey in Progress on Berthiaume Property-Abitibi, Quebec

11/12/2012 1:00pm

Marketwired Canada


Belmont Resources Inc. ("Belmont", the "Company" or "BEA") (TSX
VENTURE:BEA)(PINKSHEETS:BEAAF)(FRANKFURT:L3L) is pleased to update the progress
on the Berthiaume (the "Be") property.


Expo-Logik Inc. of Quebec was contracted and recently completed 51.8 km. of line
cutting in three separate blocks on the Be property. This provided the base
lines for the next phase of exploration work.


The Company has now contracted Geosig Inc. of Quebec to perform the induced
polarization (TDIP) geophysical survey with a dipole-dipole electrode
configuration on the three areas line cut, and as recommended in the NI 43-101
Report to establish the potential of the structural features of the property.
The IP survey is underway and is expected to be completed this month. A
provision for drilling has been budgeted to test the IP anomalies expected from
the IP survey interpretation.


Property Location & Access

The Be Property is located halfway between the towns of Matagami and
Lebel-sur-Quevillon, Abitibi, Quebec. It consists of two designated claim blocks
of eight claims covering 447.84 ha (West Block) and 23 claims covering 1,287.56
ha (East Block).


About Belmont Resources Inc.

The Company has recently entered into a property option agreement to acquire
four groups (51) mineral claims, representing 2,254.27 hectares located in the
Berthiaume, Orvilliers and Joutel Townships, all located within the Abitibi
Harricana-Turgeon volcanic greenstone of Northwestern, Quebec. This belt hosts
several world class deposits that have produced both gold and base metals.


In February 2010 the Company entered into an option to acquire 100% interest in
3,040 ha. (23 contiguous mineral claims), known as the Lumby/Bufo property
located approximately 35 km. northeast of the town of Atikokan and adjoining on
strike to the north-northeast with the Osisko Mining Corp. (former Brett
Resources Inc.) "Hammond Reef" gold deposit.


Belmont (50/50), with International Montoro Resources Inc., has acquired and
explored two significant uranium properties (Crackingstone - 982 ha & Orbit Lake
- 11,109 ha) in the Uranium City District in Northern Saskatchewan.


Further information can be obtained from the Company website at
www.BelmontResources.com and www.Sedar.com.


ON BEHALF OF THE BOARD OF DIRECTORS

Vojtech Agyagos, President/CEO/Director

The statements used in this Press Release may contain forward-looking statements
that may involve a number of risks and uncertainties. Actual events or results
could differ materially from the Companies forward-looking statements and
expectations. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Belmont Resources Inc.
604-683-6648
604-683-1350 (FAX)
belmontr@telus.net
www.BelmontResources.com

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