Mr. George Sookochoff reports

BELMONT RESOURCES COMMENCES DRILLING AT A-J GOLD PROJECT, B.C.

Diamond drilling has now commenced at Belmont Resources Ltd.'s 100-per-cent-owned A-J gold project situated in the prolific Greenwood mining camp of Southern British Columbia. The planned initial program will be a minimum 2,000 metres in up to 10 drill holes.

George Sookochoff, chief executive officer of Belmont Resources, said, "We are very excited to be starting the program with testing a very compelling gold target situated amongst three former gold mines which provides an environment for a potential new gold discovery."

The A-J gold property hosts the former-producing Athelstan and Jackpot mines which produced 7,000 ounces of gold and 9,000 ounces of silver (Minfile 082ESE047).

The program is designed to test a multicoincident geophysical anomaly located within the North zone of the property. The Jackpot fault directly intersects this anomalous zone potentially providing a conduit for the hydrothermal fluids and subsequent precipitation of gold mineralization.

This target is on strike with a southeast-trending one-kilometre gold trend on the adjacent Golden Crown property. This gold trend hosts the Golden Crown mine which has a 2016 National Instrument 43-101 indicated resource of 163,000 tonnes at 11.09 grams per tonne Au.

Four drill holes completed

Four drill holes, AJ23-01 to 04, have been completed to date. The drill core is currently being logged and samples are being prepped for delivery to ALS laboratories in Kamloops, B.C.

About Belmont Resources Ltd.

Belmont Resources has assembled a portfolio of highly prospective copper, gold, lithium, uranium and rare earths projects located in British Columbia, Saskatchewan, Washington and Nevada.

NI 43-101 disclosure

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 and has been reviewed and approved by Laurence Sookochoff, PEng.

We seek Safe Harbor.