Belmont Resources completes relogging at Crackingstone

Executive Summary

• Belmont Resources, via technical advisor Axiom Exploration Group, has completed the relogging and resampling of historic 2008 drill core from its 100%-owned Crackingstone uranium project in Saskatchewan.
• The program utilized modern analytical techniques (pXRF, VNIR) on 20 historical drill holes totaling 3,029.4 meters to generate comprehensive geochemical data and refine geological models.
• The primary objective is to identify new priority drill targets for upcoming 2026 exploration programs, with a specific focus on uranium mineralization and potential rare-earth element (REE) upside in thorium-rich pegmatites.

Key Details

• Project: Crackingstone uranium project, located near Uranium City, Northern Saskatchewan.
• Ownership: 100% owned by Belmont Resources Inc.
• Scope of Work: Relogging and resampling of drill core from 20 historical drill holes.
• Total Core Length: 3,029.4 metres.
• Core Condition: Stored in Uranium City; noted to be in good condition for detailed re-examination.
• Methodologies Applied:
  • Systematic portable X-ray fluorescence (pXRF).
  • Visible and near-infrared spectroscopy (VNIR).
  • Refined lithological logging and structural measurements.
  • Targeted resampling of mineralized zones and alteration halos.
• Objectives:
  • Generate comprehensive geochemical datasets to characterize uranium mineralization, alteration, and pathfinders.
  • Update lithological and structural interpretations for refined geological modelling.
  • Evaluate potential for REE mineralization within thorium-rich pegmatites.
  • Integrate new results with historic data and geophysical surveys to delineate priority drill targets for 2026.
• Laboratory: Drill samples sent to SRC Geoanalytical Laboratories in Saskatoon, Sask., for analysis.
• Next Steps: Belmont will provide an update once analytical results and interpretive work are finalized.

Notable Quotes

• "Modern relogging of the historical Crackingstone core gives us an entirely new window into this uranium system," said George Sookochoff, chairman of Belmont Resources. "The combination of pXRF, VNIR, refined geological logging and updated structural interpretation provides the level of detail we need to define strong drill targets for 2026. This work moves Crackingstone another step forward."