(TheNewswire)
Vancouver, B.C. Canada - TheNewswire - September 14, 2021 - Belmont ResourcesInc. (“Belmont”), (or the “Company”), (TSXV:BEA ) ( FSE:L3L2) (OTC:BELMF) is pleased to announce that after a delaydue to extreme wild fire conditions the company is resuming itsexploration program on its wholly owned Come By Chance (CBC)gold-copper project, near Grand Forks in southern BritishColumbia.
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1. RockSampling: Property Examination by Graeme Evans, P.Geo, June 2005 onbehalf of Teck Cominco
Samples processed at ALSLaboratories Kamloops 2005, Job V050413R
Numerous pits, shafts and adits, including the 251 mlong Betts adit, are evidence of historic exploration on the property,however there has been little systematic modern exploration workcompleted. Previous exploration on the property has identified severalstyles of mineralization including copper-gold skarn mineralization,massive sulfide zones (pyrite, pyrrhotite) and epithermal alteration(silicification and veining). Free gold is reported in samples fromthe western part of the claims A mineralized quartz feldsparporphyry dyke has also returned elevated values of coppermineralization, and could suggest porphyry mineralization potential.
In 2020, Belmont completed an airborne magnetic surveyand a Lidar survey over the property. Numerous features of interestwere defined by the surveys, which are assisting in geological mappingand interpretation in areas of cover. An extensive rock-samplingprogram is currently underway, which will target areas of identifiedskarn mineralization and epithermal alteration, as well as features ofinterest from the magnetic and Lidar surveys.
The sampling program will be followed by an IP survey,which was originally scheduled for June of this year, but was suddenlycancelled due to unusual high temperatures and forest fire dangerrating in the project area. The objective of the IP survey is to mapthe resistivity and chargeability distribution and provide specificdiamond drill targets.
CBC 2020 Magnetic Inversion – Vertical Section
About Belmont Resources
Belmont Resources is engaged in thebusiness of acquiring and re-developing past producingcopper-gold-silver mines in southern British Columbia and NorthernWashington State. This region is considered to have the highestconcentration of mineralization and past producing mines in westernNorth America. By utilizing new exploration technology, geologicalmodelling and specialized 3D data analysis, the company issuccessfully identifying new areas of mineralization beneath and/or inthe near vicinity of the past producing mines.
The Belmont project portfolio:
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- Athelstan-Jackpot , B.C. – *Athelstan & Jackpot Gold-Silver mines
- Come By Chance , B.C. – *Betts Copper-Gold mine
- Lone Star ,Washington – *Lone Star Copper-Gold mine
- Pathfinder ,B.C. – *Bertha & Pathfinder Gold–Silver mines
- Black Bear ,B.C. – Gold
- Pride of the West , B.C.- Gold
- Kibby Basin, Nevada – Lithium
- Crackingstone, Sask. – Uranium
* past producing mine
Belmont B.C. & WA State Properties
Qualified Person
Linda Caron, M.Sc., P.Eng is the qualified person asdefined by NI 43-101 who has reviewed and approved the technicalinformation contained within this press release.
ON BEHALF OF THE BOARD OF DIRECTORS
“GeorgeSookochoff”
George Sookochoff, CEO/President
Ph: 604-505-4061
Email: george@belmontresources.com
Website: www.BelmontResources.com
We seek safe harbor. Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in the policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of this release. The TSXVenture Exchange has not approved nor disapproved of the informationcontained herein .
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