Belmont Resources Reports Gravity Survey Results at Crackingstone Uranium Project

Belmont Resources Inc. has released results from a ground gravity survey conducted at its 100%-owned Crackingstone uranium project in Saskatchewan. The survey covered 2,179 stations at approximately 40-meter spacing across 6.7 square kilometers, identifying a 2.8-kilometer corridor of low-density bodies associated with fault-hosted uranium mineralization.

Samples grading ≥ 0.05% U3O8 occur approximately four times more frequently inside the cores of these low-density bodies compared to outside them. Most low-density targets lie outside the area previously drilled in 2008, representing new exploration potential. Historical drill holes beneath one low-density body returned intercepts including 2.09% U3O8 over 0.3 meters.

The survey could not be fully completed in two swampy areas and a southwest extension due to wet ground conditions. The company plans to return once the swamps freeze to complete the survey and extend it southwest. Final drill targets will be selected by integrating the new gravity data with existing structural, radiometric, and drill information. Technical information was reviewed and approved by Ken Wheatley, P.Geol., M.Sc., Senior Geological Advisor.

Belmont Resources Inc. (BEA) released results on November 11, serving as a direct follow-up to the October 6 announcement regarding the commencement of its gravity survey. The findings validate the company's geological model, confirming that low-density alteration zones correlate strongly with historical uranium showings. This analysis has identified untested targets outside the 2008 drill area, adding exploration upside, though these targets do not immediately translate to a resource estimate or discovery.

The data sharpens targeting for the planned ~2,000-meter diamond drilling program but does not alter the company's financial position, capital requirements, or near-term operational status. The progression demonstrates disciplined execution of the exploration plan, which follows a stated workflow: permit acquisition in December 2025, core relogging in December 2025, reassays in February 2026, geophysical survey from October to November 2026, and finally drill targeting. The material impact of this release is incremental, delivering no unexpected market-moving information.

Belmont Resources Inc. (BEA) is an exploration-stage company focused on critical minerals and base metals across multiple jurisdictions. The firm’s flagship asset is the Crackingstone Uranium/REE Project in Saskatchewan, located in the historic Beaverlodge district. This project targets uranium and rare earth elements within fault-hosted alteration zones.

The company also holds other assets, including the Come By Chance copper-gold project in British Columbia, the Athelstan-Jackpot gold project in British Columbia, the Lone Star copper-gold project in Washington State, USA, and the Kibby Valley Basin lithium project in Nevada, USA. Belmont Resources emphasizes modern geophysical exploration, infrastructure proximity to existing mining districts, and strategic partnerships. The company currently has no producing properties or revenue from operations.