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BELMONT & MONTORO MOBILIZE EXPLORATION CREW TO
CRACKINGSTONE AND ORBIT LAKE PROPERTIES, URANIUM CITY, SASKATCHEWAN
International Montoro Resources Inc. (“TSX.V-IMT”)
and Belmont Resources Inc. (“TSX.V-BEA”) are pleased
to announce that they have mobilized a six person crew including
Ray Bernatchez, P.Eng., Consulting Geologist and Dr. John
Morgan, P.Geo. to the Crackingstone uranium and adjoining
Orbit uranium properties. These programs are expected to run
for approximately six weeks.
Crackingstone
Further to our news release dated May 17, 2007 which reported
the results of a ground geophysical survey for the Crackingstone
project, the data has been correlated with known structures
and recommended a soil sampling program, trenching and channel
sampling on the highest priority anomalies which will further
identify targets for diamond drilling.
Orbit Lake
Belmont and International Montoro announce the exploration
crew will also be conducting a similar exploration program
to Crackingstone as a follow-up to a combined airborne and
magnetic survey completed by the Geological Survey of Canada
(GSC) and Saskatchewan Energy and Mines (SCS) and previously
documented uranium showings located on the Orbit property.
This program is being conducted with Ultra Uranium Corp. (“TSX.V-ULU”),
whereby Ultra can acquire a 65% interest in the Orbit Uranium
property adjoining the Crackingstone by completing $2 million
is exploration over three years and other considerations,
as previously announced on April 16, 2007.
Specific details of these programs will be forthcoming as
the crew continues work from its base camp in Uranium City,
Saskatchewan.
Other
Belmont has granted 150,000 incentive stock options under
its Stock Option Plan for a period of two years at a price
of $0.16 per share, subject to regulatory approval.
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