Belmont Resources – TSXV: BEA, FSE: L3L2

Belmont Resources Inc. (Stock Symbols – TSXV: BEA, FSE: L3L2) engages in the acquisition, exploration, and development of mineral resource properties in Canada and the United States.

The company’s uranium project is its 50% joint venture in the Crackingstone Project. It’s partner in this joint venture is Montoro Resources.

This project is located in northern Saskatchewan in the Athabasaca Basin near Uranium City. The property covers an area of 750 hectares.

Belmont Resources Crackingstone
Location of the Crackingstone Uranium Project. Source: Belmont Resources

The Crackingstone project has 18 uranium showings located on the property. Two bulk samples were also taken from two of the showings. The 1st was a 46 ton hand sorted bulk sample with assayed at 0.5% uranium. The 2nd was a 6.5 ton hand sampling also assaying at 0.5% uranium.

Previously, Rix Athabasca Uranium Mines had reported a grab sample on this property assaying 12.53% uranium in the southwestern section.

The company currently has five other non-uranium projects:

  • Athelstan-Jackpot Gold Project
  • Come By Chance Gold / Copper Project
  • Pathfinder Gold Project
  • Lone Star Gold / Copper Project
  • Kibby Basin Lithium Project
Belmont Resources Non Uranium Projects
Location of Belmont Resources Non-Uranium Projects. Source: Belmont Resources

The Athelstan-Jackpot Gold project is located in in southern British Columbia. The property previously had production of 16,600 ozs of gold production and is only 1.5 kilometers from a 200 tpd toll mill.

Belmont Resources has received its permit during late 2020 to conduct a drilling program on this project with 2,000 meters of drilling planned.

The Come By Chance Gold / Copper project is located in Southern British Columbia.

The Bertha Mine – Pathfinder Gold project is located on 253 hectares, and is also in Souther British Columbia. The company is currently compiling all historical data into a GIS database for this project, and plans to follow up with surface rock sampling and airborne EM and VTEM surveys.

The Lone Star Gold project is located in northern Washington State. The project covers an area of 234 hectares. The company has posted historical indicated and inferred gold resource estimates on its website.

The Kibby Basin Lithium Project is found in Esmeralda County, Nevada. The project covers 16 claims and 2,560 acres of property.

Belmont Resources Inc. was incorporated in 1978 and is headquartered in Vancouver, Canada.

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