Belmont Resources Inc. (“BEA”) and International Montoro Resources Inc. (“IMT”) are pleased to report the completion of the Phase 1 – 20 hole drill program totalling 3,075 meters, on the Crackingstone Uranium property located six kilometers southwest of Uranium City, Northern Saskatchewan. Multiple zones of radioactive mineralization have been encountered in all drill holes. Graphite, biotite and sulphide mineralization have also been noted in the radioactive mineralized zones. The mineralized widths vary from 0.1 meters up to 24 meters. Assay results have been received for holes C-1-08 to C-6-08 (inclusive), and portions of C-8-08 and C-9-08. The remaining core samples are being prepared for shipping to Saskatchewan Research labs for analysis. Currently received assays are being compiled and will be released shortly.
The drilling program was designed to test a northeasterly trending electromagnetic conductor previously identified by a ground survey. This conductor is coincident with the Boom Lake Fault, one of several NE trending regional fault zones located within the Beaverlodge uranium camp. The drill program is located in the northern portion of claim S-108022 within the Crackingstone Uranium property, with hole depths ranging from 90.5 meters to 285.3 meters. The uranium mineralization intersected in the first eight holes has tested a 600 meter strike length of the 1800 meter long conductor starting from the Beck 94 showing and is very similar to that observed during the 2007 surface sampling program. A representative grab sample collected from the Beck 94 showing assayed 1.24% U3O8.
This news release was reviewed and approved for technical disclosure by Raymond
A. Bernatchez, P.Eng., Consulting Geologist, an independent qualified person
under NI 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS
“GARY MUSIL”
Gary Musil,
CFO/Director
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