Belvedere Starts Further Tests on Open-Pit Nickel Ore for Processing at Hitura

Belvedere Resources Ltd. (TSX VENTURE:BEL) ("The Company") is pleased to
announce that in response to the recent recovery in nickel prices it has
initiated further tests to improve the marketability of nickel concentrate from
the Hitura Mine open-pit. 


Previous test mining during 2013 indicated that the open-pit ores, when blended
with Hitura underground ores, produced a good concentrate; but that open-pit ore
alone produced a low nickel tenor concentrate. The Company has dispatched
samples for further flotation test work aimed at boosting the concentrate grades
and recoveries from the Hitura open pit ores. 


The open-pit at Hitura is fully permitted to be mined and is readily accessible.
Currently, there are no plans to restart pumping at the underground operations.
Meanwhile the Company continues with its Feasibility Study on the Kopsa gold
copper project.


Forward Looking Statement: Some of the statements contained herein may be
forward-looking statements, which involve known and unknown risks and
uncertainties. Without limitation, statements regarding future plans and
objectives of the Company (including statements relating to possible
re-commencement of production at Hitura and the improved marketability of nickel
concentrate) are forward-looking statements that involve various degrees of
risk. It is important to note that the Company's actual results could differ
materially from those in such forward-looking statements.


About Belvedere: Belvedere Resources Limited is a mining company incorporated in
British Columbia with a primary focus on nickel, gold, cobalt and copper in
Finland. The Company produced 2,200t of nickel in concentrate in 2012 from its
Hitura nickel mine in Central Finland which was put into care and maintenance in
June 2013. The Company has a number of advanced gold projects in close proximity
to the Hitura mine. The Company is focused on completing the feasibility study
for its Kopsa gold copper project.


BELVEDERE RESOURCES LTD.

David Pym, CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Belvedere Resources Ltd.
David Pym
CEO
1-604-844-2838


Belvedere Resources Ltd.
Steven Cuthill
CFO
1-604-513-0007
www.belvedere-resources.com