Tolmie PropertyProperty Description, Location & AccessBelmont's 64 unit (1024 ha) property is located in north central Tolmie Township, Porcupine Mining Division, Ontario. Local InfrastructureA high voltage powerline that connects the power generating stations on the Abitibi River at Abitibi Canyon (25 km NW) and Island Falls (12 km S) with the main provincial grid passes in a north northwesterly direction 5 km to the west of the property. Both the Ontario Northland Railway line between Cochrane and Moosonee and Highway 634 between Smooth Rock Falls and Fraserdale run N/S some 10 km west of the property. The town of Smooth Rock Falls lies approximately 50 km SSW. Exploration HistoryTwo companies have previously worked the claims now owned by Belmont. In 1978 Hudson Bay Oil & Gas Co., Ltd. flew a combined electromagnetic and magnetic survey over a large area that included the northern 1/3 of Tolmie Township and hence the Belmont option. An anomalous area immediately to the west of the property was surveyed with follow-up ground electromagnetic (em) and magnetic methods. Although the em response was verified the orientation of the anomaly was inconclusive and no further work was done. In 1987 Continental Precious Metals Inc. held a total of 25 claim units in three small blocks all of which are now covered by the present Belmont option. Results of a ground magnetometer survey revealed a generally east/west magnetic trend within which two roughly circular anomalies, one a magnetic high approximately 200 m in diameter and the other a magnetic low roughly 600 m in diameter were delineated. These anomalies, which were reported to correspond in location to air photo features, were believed to represent intrusive bodies, possibly kimberlites. One drill hole was recommended to test the circular magnetic low, but was never drilled. Published government data for the region include the compiled geology as well as the results for a reconnaissance airborne magnetic survey. North and northwest striking structural features (probably faults) interpreted from the magnetic data cross the claims. Regional & Property GeologyThere are no rock exposures on the property or in the immediate area, however, the compiled geological data implies that the area is underlain principally by east/west striking quartzfeldspar-biotite+/-garnet schists of probable volcanic and/or sedimentary origin. The schists have been intruded by large granitic bodies and to a lesser degree by diabase and lamprophyre dykes. Structurally, the property is well located at the intersection of the northwest trending Lake Timiskaming Structural Zone with the north to northeasterly striking Kapuskasing Structural Zone (Map 1). Four known clusters of kimberlite pipes - Attawapiskat, Spider, Kirkland Lake and New Liskard - are associated with the Lake Timiskaming Structural Zone. Individual pipes within the Attawapiskat and Spider clusters are known to be diamondiferous. Similarly, diamond bearing lamprophyre dykes located in close proximity to and thus probably associated with Kapuskasing Structural Zone have been found near Wawa. Exploration PotentialBelmont's Tolmie Township property has potential for the discovery of kimberlite pipes and thus diamonds for the following reasons:
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