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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 Tenders Bids for Exploration on Berthiaume Property-Abitibi, Quebec

30/10/2012 1:00pm

Marketwired Canada


Belmont Resources Inc. ("Belmont", the "Company" or "BEA") (TSX
VENTURE:BEA)(PINKSHEETS:BEAAF)(FRANKFURT:L3L) has tendered bids for line cutting
and Induced Polarization (IP) surveys as recommended in the Technical Report on
the two blocks of claims in the Berthiaume ( the "Be") Property.


On September 19, 2012 the Company reported a summary of the NI 43-101 Technical
Report and recommendations.


The property was acquired on the basis of physiographic and geophysical data
that could indicate the presence of volcanic centers. The general geological
context remains favorable for other model deposits and exploration towards these
models will return data that will serve to establish if the volcanic centers
model can be supported.


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).


Planned Program:

The Company is tendering bids for approx. 51.8 km of line cutting on the north
and south sections of the east blocks and the west block. This will be followed
by approx. 47 km of induced polarization (IP) survey with a dipole-dipole
electrode configuration on 50 meter intervals. The Company is expecting to have
the work commencing in November.


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. The Company
also holds interests (50/50 with Int. Montoro Res.) in one rare earth mineral
claim block in the Central Mineral Belt in Labrador.


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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