Belmont Resources Inc. (TSX.V - BEA) and International Montoro Inc. (TSX.V
– IMT) are pleased to announce the results of a Radon Gas survey around
the intersection point of the Crackingstone and Boom Lake Faults of the Orbit-Crackingstone
property. The survey consisted of collecting a total of 93 samples along portions
of the grid lines covering 
approximately
4.65 km of grid lines at 50-meter sample intervals in the area of these and
other local fault intersections. The radon content of the samples was measured
using a Pylon Electronics Inc. Model AB-5 Portable Radiation Monitor used with
a Pylon Model WG1001 Vacuum Water Degassing System to remove the radon from
the sample. The radon counts ranged from 10 cpm to 5540 cpm (counts per minute).
Background values ranged from 10 to 100ppm. Any value over 100 cpm was considered
as anomalous. Sample material consisted of muck, soil, clay and water collected
from the low lying swampy areas and the soil–clay overburden areas.
The radon gas survey method was used to detect potential buried uranium mineralization in overburden areas (swamps and valleys) located in proximity to the intersection of the Boom Lake and Crackingstone faults on the Crackingstone claim S-108022. Ground and airborne spectrometric surveys such as with spectrometer, scintilometer, and Geiger counter are ineffective in areas of overburden.
A contour map showing the radiometric anomaly trends coincide with the east-west, northwest and northeast oriented structural features such as faults and shear zones. Showings Beck 94, Beck 236 and Beck 44 are located at or near the intersection of the Boom Lake and Crackingstone Fault. Very anomalous radon gas counts were obtained immediately west of Beck 94 coincident with the Boom Lake Fault, northeast, southeast, southwest and northwest of Beck 236. Anomalous radon gas counts were obtained east, west and north of Beck 44 adit, where, in 2006, a sample containing 7.72% U3O8 was obtained. This survey method clearly demonstrates that its usefulness in identifying potential uranium mineralization overburden areas.
The survey was successful in identifying ten (10) areas of anomalous reading located within and proximal to the local structural features as observed from satellite photos of the area. The results of this survey can be observed on the company’s web site at (www.BelmontResources.com).
The results of the ground electromagnetic and magnetic survey (winter of 2006) airborne magnetic and radiometric survey (Fall of 2007) has confirmed all of the previously known uranium showings. The 2007 summer channel sampling program has evaluated some of these known showings. Numerous other old uranium showings remain to be evaluated. The recent detailed airborne survey has identified several untested strong radiometric trends. Follow-up exploration work is strongly recommended on these radiometric anomalies.
Past exploration efforts were successful in finding uranium ore bodies along the St. Louis, Black Bay faults. The Crackingstone fault is considered to be the westerly extension of the St. Louis Fault. The Crackingstone fault appears to extend west southwesterly through the southern portion of the Orbit-Crackingstone property. It has been well established that much of the uranium mineralization in the Archean basement rocks in the Beaverlodge area is strongly associated with these fault structures. There are at least 18 known major uranium occurrences on the Crackingstone claim S-108022, which were identified between 1949 and 1968.
This news release was reviewed and approved for technical disclosure by Raymond A. Bernatchez, P. Eng., Consulting Geologist of Atikokan, Ontario, an independent qualified person.
About Belmont Resources Inc.
Belmont Resources Inc. is focused on acquiring and developing uranium properties in developed and emerging uranium districts, and continued development of mineral projects in Ontario. Belmont (50/50) with International Montoro Resources Inc. has acquired significant uranium properties located in the Central Mineral Belt Uranium District in Labrador (recently optioned to Crosshair Exploration (TSX.V: CXX) and two claim blocks (Crackingstone –982 ha & Orbit Lake –11,109 ha) in the Uranium City District in Northern Saskatchewan (recently optioned the Orbit claim block to Ultra Uranium Corp. (TSX.V:ULU). Belmont has also staked (100% owned) 63,184 ha in the Wollaston/Reindeer Lake-Compulsion Bay area, southeast Athabasca Basin, Saskatchewan.
Further information can be obtained from the Company website at www.belmontresources.com,
and www.sedar.com, or by phoning 604-683-6648 or contact Dean Stuart at 403-517-2270.
ON BEHALF OF THE BOARD OF DIRECTORS
“VOJTECH AGYAGOS”
Vojtech Agyagos,
President/Directo
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