Belmont Resources Reports Gravity Survey Results at Crackingstone Uranium Project

(via TheNewswire) Gravity Lows Outline UntestedTargets Along Mineralized Fault Corridor   Vancouver, British Columbia – TheNewswire - November 11, 2026 - Belmont Resources Inc. (TSX-V: BEA; FSE: L3L2) - "Belmont" (or the "Company") reports the results of the ground gravity survey on its Crackingstone uranium project near Uranium City, Saskatchewan. The survey outlines a series of gravity lows along the northeast-trending fault system that hosts the 2008 drill intercepts. Most of these lows have never been drilled. Key Results 2,179 gravity stations at approximately 40 m spacing, covering about 6.7 km².  A corridor of gravity lows follows the northeast-trending fault system for about 2.8 km, from the Beck 93 showing to the 2008 drill area.  Mineralization tracks the lows: samples grading ≥ 0.05% U₃O₈ occur about four times as often per 100 m of bedrock inside the cores of the low-density bodies as outside them.  One low-density body lies directly beneath the 2008 holes and contains intercepts including 2.09% U₃O₈ over 0.3 m (hole C14) and up to 0.37% U₃O₈ (hole C8).  The strongest lows are undrilled: most low-density bodies in the 3D model lie outside the area drilled in 2008.  Several of the strongest lows lie where northeast faults meet east-west or northwest-trending faults.  The 2008 drill results show that uranium mineralization at Crackingstone is concentrated where the gravity data indicate low-density rock. The Company interprets these lows as zones of alteration and fracturing, which are the setting for fault-hosted (Beaverlodge-type) uranium deposits in the district. Uranium does not simply sit at surface. Around Uranium City it is typically found in fault zones, where uranium bearing fluids have fractured and altered the rock over long periods of time. This broken, altered rock is less dense than the intact rock around it. A gravity survey makes that difference visible: where the rock shows lower density, the pull of gravity is very slightly weaker, producing a gravity low. Click Image To View Full Size Figure 1. First Vertical Derivative Gravity draped on the terrain and satellite image. Blue is low gravity; red is high gravity.  White lines are interpreted faults. Dark areas inside the survey are swamps and wet ground with no stations. The actual gravity survey sharpens the targeting for future drill programs.  Instead of drilling on broad structural trends, the Company will plan to place each hole into the specific low-density zones where the altered, fractured rock potentially holds uranium mineralization. Figure 2. 3D gravity model, looking north-northeast. Cyan to blue blocks are low-density bodies (lowest 7% of modelled densities); 2008 drill holes and U₃O₈ assays are shown with interpreted faults on the terrain surface. Two swamps could not be accessed, and a gravity low runs off the southwest edge of the survey. All three areas show very low readings on the nearest stations: Area Size Gravity on the nearest stations Central swamp ~8 ha Averages −0.54 mGal; lowest 5% of the survey Eastern wetland ~27 ha Falls to −1.25 mGal; among the lowest on the property Southwest extension ~70 ha with no stations −0.7 to −1.3 mGal; low open to the west   The central swamp lies where several interpreted faults cross, between the 2008 drill area and the Beck 93 showing. Because gravity drops toward both swamps from every surveyed side, the lowest values may lie beneath them. Click Image To View Full Size Figure 3. Close-up of the central swamp and the eastern wetland. Dots are gravity stations; contours are at 0.2 mGal. The dark areas have no stations. Next Steps Once the swamps freeze, the survey crew will return to complete both areas. The survey will also be extended to the southwest to close off the open low. Final drill targets will then be selected by integrating the new results with the existing gravity, structural and drill data. Qualified Person The technical information was reviewed and approved by Ken Wheatley, P.Geol., M.Sc., Senior Geological Advisor to Belmont Resources Inc., a Qualified Person as defined by NI 43-101.   ON BEHALF OF THE BOARD OF DIRECTORS “Patrick Brandl” Patrick Brandl, President/CEO   Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.   This Press Release may contain forward-looking statements that may involve a number of risks and uncertainties, based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control.  Actual events or results could differ materially from the Companies forward-looking statements and expectations.  These risks and uncertainties include, among other things, that we may not be able to obtain regulatory approval; that we may not be able to raise funds required, that conditions to closing may not be fulfilled and we may not be able to organize and carry out an exploration program, and other risks associated with being a mineral exploration and development company. These forward-looking statements are made as of the date of this news release and, except as required by applicable laws, the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements.   Copyright (c) 2026 TheNewswire - All rights reserved.