Belmont Resources Inc. (“BEA”) and International Montoro Resources Inc. (“IMT”) are pleased to report that Phase 1 drilling has returned assays up to 0.371% U3O8 (7.42 lbs./ton) from their 100% owned Crackingstone property in the historic Uranium City/Beaverlodge mining camp which boasts historical production of over 70.5 million pounds of U3O8 The drilling program was planned to test a northeasterly trending electromagnetic conductor coincident with the Boom Lake Fault which hosts the Beck 94 mineralized zone where surface sampling returned 1.24% U3O8 in 2007. Drill Holes C-01 to C-08, C-14 to C-16, C-19 and C-20 were drilled to test the on strike mineralization and the electromagnetic conductor coincident with Beck 94 showing. This drilling tested and confirmed the presence of uranium mineralization for a strike distance of 1800 meters on the Crackingstone property. The drilling to this point strongly indicates increased width and intensity of alteration and uranium mineralization going northward from Beck 94.
Hole C-04-08: A total of 27 samples were taken from this hole. The assays ranged from 0.001 up to 0.051% U3O8 over widths from 0.10m to 1.45m from samples taken between 60.0m and 136.80m. A 5 meter intersection from 100.7 m –105.7m assayed from 0.002 to 0.051% U3O8 (1.02 lbs./ton).
Hole C-07-08: 13 samples were taken with assays ranging from trace up to 0.014%
U3O8 over widths from 0.2m to 2.0m from samples taken between 39.4m and 112.2m
Hole C-08-08: This hole was thoroughly sampled (47 samples) and assayed with
values ranging from trace to 0.371% U3O8 (7.42 lbs./ton). Core sample width
ranges from 0.10m to 1.25m from samples taken between 42.9m to 272.5m with the
best assays listed below:
The zones of mineralization are hosted within zones of intense fracturing containing
significant uranium mineralization between holes C-7-08 and C-19-08 and coincident
with the Boom Lake Fault.
All of the drill holes were thoroughly tested with the spectrometer and then
sampled to fully test the range of uranium mineralization. The mineralization
is contained within broad zones of alteration and fracturing located within
the Boom Lake Fault.
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.
All samples were shipped in sealed containers to SRC Geo-analytical Laboratories
in Saskatoon, Sask., for analysis. All samples were analyzed using standard
ICP partial and total digestion methods. A QA/QC program was implemented as
part of the sampling procedure for the drill program. Field duplicates and field
blanks were inserted into the sample stream with at least one standard sample
and duplicate inserted every 19 and 37 samples respectively for quality checks.
The laboratory also has an extensive in-house quality control system.
ON BEHALF OF THE BOARD OF DIRECTORS
“GARY MUSIL”
Gary Musil,
CFO/Director
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.