Belmont Resources Inc. KB-4 Drilling Results: On March 21, 2019 Belmont reported the completion of drilling KB-4 to a depth of 840 feet into lakebed sediments. The hole targeted a potential fault as interpreted from the geophysical survey data, which looks deep into sub-surface layers. Final assay results for sediments and groundwater at KB-4 have [...]
Belmont clarifies Acquisition Terms: Belmont clarifies the March 28, 2019 news release as follows: Pursuant to the Agreement, the share and warrant issuances should read as follows: A total of 1.5 million common shares and 1.5 million warrants in two payments; Issuing to each Vendor 750,000 common shares of the Company and 750,000 transferable [...]
Belmont has entered into an arm's length acquisition agreement with David Heyman & Clive Brookes, to acquire 253.34 hectares of mineral claims which is part of the former Pathfinder Property, located in southern British Columbia, approximately 18 km north of Grand Forks, in the Greenwood Mining Division. The property covers a highly mineralized [...]
Belmont Resources Inc.. The State of Nevada Department of Conservation and Natural Resources – Division of Water Resources has approved Belmont's application for water rights on the Kibby Basin Lithium property. The two well permits to develop groundwater in the Monte Cristo Groundwater Basin may be the first of their kind in Nevada. This news [...]
Belmont Resources Inc.. Kibby Basin - Hole KB-4 Update: Further to our March 1, 2019 news release, Belmont and MGX announces drilling KB-4 has reached a depth of 615 feet and will continue to a targeted depth of approximately 900 feet into lakebed sediments. The hole targets a potential fault as interpreted from the geophysical survey data, which [...]
Jim Place, CEO/President reports the following news from Kibby. "After making significant alterations to their drill equipment on location; Harris Drilling of San Diego, California has re-commenced drilling on hole KB-4. Highly unusual weather conditions in the area including snow, freezing rain, and ice earlier in February; were also a cause for [...]
Hello Investor: Belmont Resources Inc. - Metro Toronto Convention Centre, 255 Front St. W., Toronto, Ontario – Sunday March 3, 2019 to Wednesday March 6, 2019. We would like to invite you to meet the Belmont Resources team at Booth #2819 celebrating 40+ years of being in business. Belmont Resources Inc. Exhibit Hours – South Building, Level 800 [...]
Further to the Company's press release dated January 25, 2019; the Company advises that it has applied to the TSX Venture Exchange to close the 1st Tranche of 1,500,000 units at a price of $0.045 per Unit for gross proceeds of $67,500. Each unit consists of one common share of the Company and one transferable share purchase warrant. Each whole [...]
The Company will be making an application to the TSX Venture Exchange for a waiver to the private placement price as the proposed subscription price is below the minimum allowed pursuant to the policies. The Company proposes to proceed with a financing of up to $180,000 with 4.0 million units to be issued at $0.045. Each unit will be comprised of [...]
Hello Investor: Belmont Resources Inc. will be exhibiting at the 2019 Vancouver Resources Investment Conference on January 20-21, 2019. We would like to invite you to meet the Belmont Resources team at Booth #301 celebrating 40+ years of being in business. Belmont Resources Inc. January 20-21, 2019 Vancouver Convention Centre West, 1055 Canada [...]
Belmont Resources Inc. will be exhibiting at the 2019 Vancouver Resources Investment Conference on January 20-21, 2019. Hello Investor: We would like to invite you to meet the Belmont Resources team at Booth #301 celebrating 40+ years of being in business. Belmont Resources Inc. January 20-21, 2019 Vancouver Convention Centre West, 1055 Canada [...]
VANCOUVER, BC / ACCESSWIRE / December 18, 2018 / . Kibby Basin – Drilling KB-4 Commences Belmont is pleasedto announce drilling has re-commenced at the Kibby Basin Lithium Brine project withMGX Minerals Inc. in Nevada.HoleKB-4 has a targeted depth of 300 meters into the lakebed sediments.The hole targets a potential fault as interpretedfrom the geophysical survey data, which looks deep into the sub-surface layers.Previous drilling has shown consistent lithiumin clay mineralization 1200-1700 feet up to 580 ppm Li and moderate lithium mineralizationat shallow depths to 300 feet up to 100 ppm Li.Geophysical and geological interpretation has indicated potential geothermalactivity may have brought concentrations of dissolved minerals close to the surface.The drill hole KB-4 ... [...]