Labrador Property
Belmont Resources Inc. together with International
Montoro Resources Inc. has signed an amended agreement for the
acquisition of new claims in the CENTRAL MINERAL BELT (“CMB”)
URANIUM DISTRICT, LABRADOR.
The three licence blocks comprise two properties; Stormy Lake (Otter
Lake) totals 105 units (26.25 square km.), and Partridge River (Isabella
Falls) totals 23 units (5.75 square km.). They are located 95 km
NW and 165 km WNW, respectively, from Goose Bay, Labrador.
The Stormy Lake group
is located in an area surrounded by a land package being explored
by Aurora Energy Resources Inc.—“AXU” (Altius
Mineral Corporation – “ALS” and Fronteer Development
Group Inc. –“FRG”). The Aurora Energy --Altius/Fronteer
land package comprises some of the most active uranium exploration
projects ( ie. Michelin, Moran Lake, Post Hill Deposits) in the
‘Central Mineral Belt’ uranium district of Labrador.
Longview Strategies Inc./Bayswater Uranium Corp.-- “BAY”
and Crosshair Exploration & Mining Corp. –“CXX also
have adjacent land holdings and are conducting exploration near
the Stormy Lake block.
The Partridge River claims are located nearby areas being explored
by Tripple Uranium Resources (recently optioned claims to Universal
Uranium Ltd.—“UUL” and Silver Spruce Resources
Inc. “SSE” exploring jointly with Universal Uranium.
Both
Crosshair and Aurora have released significant findings in the Central
Mineral Belt and as a result of these exploration results and the
rise in the price of uranium, the CMB has seen extensive claim staking
over the past few months.
On September 20, 2006 the companies filed NI 43-101 report by James
G.Burns, P.Eng., Consulting Geologist.
"The Belmont-Montoro Partridge River and Stormy
Lake properties have substantial merit as potential settings
for unconformity-related uranium deposits."
For the full report in acrobat format please CLICK
HERE.
On March 22, 2007 the Companies reported nine (9) anomalies have
been identified from the interpretation of a 444.5 line-km helicopter-borne
magnetic and radiometric geophysical survey completed.
Stormy Lake Pictures
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| Property Overview |
Boulders |
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| Sample Site |
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Partridge River Pictures
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| Property Overview |
Landing Site |
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| Sample Site |
Sample Site |
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