Belmont Resources Launches Core Relogging Program at Crackingstone Uranium Project

(TheNewswire)

Management and HMS ConsultingGeologist Complete Site Visits to Crackingstone, AJ, and CBCProperties

Vancouver, B.C., October 15,2025 – TheNewswire – Belmont Resources Inc. (TSX-V: BEA; FSE: L3L2) (“Belmont” or the “Company”)is pleased to announce the commencement of a comprehensive corerelogging and resampling program at its flagship Crackingstone Uranium Project near Uranium City, Saskatchewan.

The program marks the next stage in advancingBelmont’s exploration efforts within the uranium- andrare-earth-rich Beaverlodge Domain and follows recent site visits byCompany management and representatives from major shareholder HMS Bergbau AG to Belmont’s key projects in Saskatchewan and BritishColumbia.

Belmont has engaged Axiom Exploration Group Ltd. of Saskatoon, Saskatchewan to carry out the relogging andanalytical work. Axiom has mobilized a small crew to review, re-log,and sample drill core from Belmont’s historic 2008 drill campaign,which consisted of twenty holes totaling 3,029.4 meters. Forty-fourpercent of the historic core from the 2008 maiden drill program wasrecovered and brought into Uranium City for storage prior to theinitiation of the relogging and resampling program.

Since 2008, significant advances have been made in boththe geological understanding of the Beaverlodge Domain and theanalytical technologies used to identify and vector uranium and rareearth element mineralization. During the historic campaign, only smallintervals of visible uranium mineralization were submitted forU?O? assay. The current program will also incorporate systematicportable X-ray fluorescence (pXRF), as well as visible andnear-infrared spectroscopy (VNIR) analyses to better characterize themineralization and associated alteration patterns.

The program aims to:

• Obtain detailed geochemical information to characterizemineralization and alteration throughout the historic core whilepreserving sample intervals.
  

• Refine lithological classification and geologicalmodelling to guide future drilling and exploration programs.
  

• Evaluate the potential for rare earth element (REE)mineralization within thorium-rich pegmatites observed on the propertyto introduce an opportunity for dual-commodity exposure (uranium andREEs) within the Beaverlodge District.

Results from this relogging and analytical work will beintegrated with historic data and regional datasets to delineate newtargets for future drilling programs.

Belmont Management and HMSRepresentatives Conduct Site Visits to Flagship Properties

The relogging program follows recent site visits by Belmont management and HMSrepresentatives , including Consulting Geologist Dr. ThomasUnterweissacher, EurGeol , who was present onbehalf of HMS Bergbau AG. HMSBergbau AG , a diversified German resourceinvestment and trading group and a major shareholder of Belmont , is providing strategic input as the Company advances itsexploration and development plans. HMS’s participation underscoresgrowing European interest in uranium and critical-mineral projectswithin stable jurisdictions such as Canada.

• Crackingstone – Uranium REE (Saskatchewan)

• Athelstan-Jackpot – Gold (British Columbia)

• Come-By-Chance – Copper-Gold (British Columbia)

Together, these projects position Belmont to capitalizeon the growing demand for uranium, critical minerals, copper, andgold.

“These coordinated visits underscore the sharedcommitment of Belmont and HMS to advancing exploration across our keyuranium, rare-earth, and gold-copper projects,” said InterimPresident & CEO PatrickBrandl , who also serves as a consultant to HMSBergbau AG. “Re-evaluating historical core and reviewing ourprojects firsthand provide critical context as we refine andprioritize our upcoming exploration programs.”

About Crackingstone

Located near Saskatchewan’s uranium-rich AthabascaBasin, and situated just six kilometers from Uranium City, theCrackingstone property benefits from excellent infrastructureproximity, including road access, year-round airport, poweravailability, and logistical support. Belmont’s exploration effortsalso include evaluating rare earth element (REE) potential on theproperty, further enhancing its strategic importance.

• Exceptional High-GradeUranium Potential: The property hasdemonstrated historic grab sample grades of up to 15.6% U?O?.Previous mining on the site produced 11 tons at an average grade of2.3% U?O ? (A qualifying43-101 Report on the Crackingstone River-Ruza Property Beaverlodgedistrict SE of Uranium City Saskatchewan, R.A. Bernatchez, P. EngConsulting Geologist, July 11, 2006).

• Extensive MineralizedCorridors : Three major conductive and structuralmineralized corridors, totaling 10 kilometers in length, have beenidentified and are associated with high-grade uraniumoccurrences.

• Comprehensive DrillingProgram : Belmont has submitted a permitapplication for a two-year drilling initiative, which includes 40drill holes totaling 10,000 meters. This program reflects thecompany’s confidence in the property’s potential to hostsignificant uranium resources.

Clickto view Crackingstone Map

Other Flagship Projects:

Come By Chance (CBC) Property –British Columbia

• A compelling porphyry-CRD system under activeexploration by Belmont

• 2025 drilling results pending.

Athelstan-Jackpot (A-J) Gold –British Columbia:

• A-J Gold Project , which includes two past producing gold mines—Athelstanand Jackpot—that yielded 7,600 ounces of gold and 9,000 ounces ofsilver (Minfile 082ESE047). Key highlights of the projectinclude:

• Extensive Surface GoldMineralization : A 1,500-meter gold trend withwidespread surface gold mineralization has been identified.

• Exploration Focus : Belmont is investigating the potential for economic goldgrades in mineable surface and near-surface ore zones along thistrend.

Qualified Person

Mr. Ty Magee, M. Sc., P. Geo., of Axiom ExplorationGroup Ltd., acting on behalf of Belmont Resources Inc., is a QualifiedPerson as defined by National Instrument 43-101 and has reviewed andapproved the technical content of this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

“George Sookochoff”

George Sookochoff, Chairman and Director

www.belmontresources.com

Neither the TSX Venture Exchange nor its RegulationServices Provider (as the term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this news release.

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