October 25, 2007

BELMONT FORMS NEW ADVISORY BOARD AND APPOINTS TIM FROUDE, P.GEO

Belmont Resources Inc. (“BEA”) (the “Company”) is pleased to announce the formation of a new Advisory Board and the appointment of Mr. Timothy D. Froude, P. Geo to the Company’s advisory board effective immediately. Mr. Froude has 20 years experience in the mining industry, and was directly responsible for the acquisition and development of the Moran Lake Uranium project located in the Central Mineral Belt of Newfoundland. Mr. Froude has held a number of senior positions with public companies including Senior V.P. Exploration for Crosshair Exploration and Mining (CXX on TSX.V), Cornerstone Resources Inc. (CGP on TSX.V), and currently is a director of the Newfoundland and Labrador Chamber of Mineral Resources. Mr. Froude will provide strategic advice to Belmont on the exploration and development of its portfolio of uranium projects located in Northern Saskatchewan and Labrador, and may be engaged by the Company as a consultant from time to time.

Mr. Froude also is an associate fellow of the Geological Association of Canada (GAC), a member of the Association of Professional Engineers and Geoscientists of Newfoundland (APEGN) and a member of the Society of Economic Geologists. The Company is very pleased to have someone of Mr. Froude’s expertise join its team, and looks forward to continued development of its uranium projects.

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 its 100% owned Wollaston/Reindeer Lake-Compulsion Bay area, southeast Athabasca Basin, Saskatchewan. Further information can be viewed at the Company website at www.BelmontResources.com and www.sedar.com , or by phoning 604-683-6648 or 403-617-7609.

 

 

ON BEHALF OF THE BOARD

Gary Musil, CFO
Secretary/Director

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