May 17, 2007

BELMONT & MONTORO SURVEY RESULTS ON CRACKINGSTONE URANIUM PROJECT, URANIUM CITY SASKATCHEWAN

Belmont Resources Inc. (“BEA”) and International Montoro Resources Inc. (“IMT”) are pleased to announce that they have received the results of the ground geophysical survey for the Crackingstone uranium project located 8 km southwest of Uranium City, Saskatchewan. The program consisted of 87 km of line cutting, which were surveyed with a Gem Magnetometer and VLF-EM instrument. The data has been correlated with known structures and recommends a soil sampling program on the highest priority anomalies, followed by horizontal loop electromagnetic surveys over key areas which will further identify targets for diamond drilling. The magnetic and electromagnetic surveys have identified regional faults and shear zones that co-relates with known uranium showings. The ground VLF-EM conductors were successful in defining the Chance Lake, Boom Lake, Crackingstone and Bushell Bay Faults. Most of the known uranium occurrences are contained within or proximal to these faults.

The potential to identify targets associated with main structural events at depth is excellent. Belmont and Montoro view these results as key to its continued development of the Crackingstone Uranium project, and is currently arranging for further exploration, which will include diamond drilling as soon as a drill contractor is available.

The property area contains 18 uranium showings which were trenched, sampled and tested by numerous diamond drill holes, with only a few of the showings drill tested to a depth of 100 meters. Two parallel uranium bearing shear / fracture zones located on the northern portion of the property and along the Chance Lake fault zone were tested with 41 shallow percussion drill holes and 7 diamond drill holes along a 500 meter strike distance. Anomalous uranium mineralization was also reported in many of the trenches. Previous exploration on the property has demonstrated a grab assay of 12.53% U3O8, a 46 ton hand sorted bulk sample assaying 0.5% U3O8, a 6.5 ton hand sorted bulk sample assaying 0.5% U3O8. Four samples taken from a rock pile at Adit #7, during the 2006 property visit from trenches along the strike of the fracture zone along an east-west strike length of 275 meters assayed from 0.28% to 6.55% Uranium. This east-west fracture is located about 150 meters west of the northeast trending Boom Lake Fault.

A NI 43-101 technical report discussing this project can be viewed on SEDAR.

Past production in the area came from four outside occurrences; the Cinch, Lorado, Rix Smitty and Leonard occurrences. The Cinch Lake and Rix Smitty mines produced a total 1,869,000 lbs. of U308.

This news release was reviewed and approved for technical disclosure by R.A. Bernatchez, P. Eng., consulting geologist, an independent qualified person under NI 43-101.

About Belmont Resources Inc.

Belmont Resources Inc. is an emerging mining company with uranium projects located in the Central Mineral Belt Uranium District in Labrador, the Uranium City District in Northern Saskatchewan, and the Wollaston-Reindeer Lake area east of the Athabasca Basin. Further information can be viewed at the Company website at www.BelmontResources.com and www.sedar.com



ON BEHALF OF THE BOARD

Gary Musil, CFO
Secretary/Director

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