Mr. George Sookochoff reports

BELMONT ANNOUNCES DRILLING UNDERWAY AT COME BY CHANCE

Drilling is now under way on Belmont Resources Inc.'s Come By Chance (CBC) copper-gold porphyry/CRD (carbonate replacement deposit) target project. The 2025 program is expected to consist of 2,000 metres of drilling and is fully financed.

The CBC property displays all the hallmarks of a significant porphyry copper-gold system with exciting CRD potential, representing a prime exploration opportunity in Southern British Columbia's prolific Quesnel terrane.

Dual-system evidence

The CBC property demonstrates compelling geological characteristics supporting both models:

Porphyry indicators:

• Two thousand twenty-two drilling confirmed porphyry-style alteration, veining and mineralization across a substantial area.

Extensive propylitic alteration halos encountered in all 2022 drill holes, a classic signature of porphyry systems.

• Significant pyrite mineralization (up to 20 per cent) forming potential halos around a concealed porphyry core.
• Geophysical signatures showing characteristic zonation patterns around a potential mineralized centre.

CRD-Skarn potential:

• Brooklyn formation limestone units providing ideal host rocks for replacement mineralization.
• Monzonite and syenite intrusions serve as potential sources of metal-bearing hydrothermal fluids.
• Major structural controls (Eagle fault and Lind Creek fault) acting as fluid conduits.
• High-grade surface samples (up to 17.05 grams per tonne Au (gold) and 6.74 per cent Cu (copper)) indicating robust mineralization.
• Skarn alteration assemblages identified in 2022 drilling.

Two thousand twenty-two drill results along with geophysical data clearly vectors toward the potential heart of this system which is the focus of the company's 2025 drill program. The company's systematic exploration approach continues to build evidence for a potentially significant discovery at the intersection of these complementary mineralization styles.

CBC 2025 drill targets with prospective drill holes

Initially, five target areas were chosen to most effectively evaluate the porphyry/CRD model, with a total of nine drill holes planned to test these targets.

CBC selected 2025 phase I drill holes

Five of the nine planned drill holes were chosen for the phase I program, totalling 2,000 metres of drilling.

Drilling update

Drill holes CBC25_01 and CBC25_02 have now been completed and are currently being logged. The drill rig is now relocating to drill pad No. 3, where CBC25_03 and CBC25_04 will be drilled.

Annual/special general meeting set

The company also announces that it has set its annual/special general meeting to be held in Vancouver, B.C., on Sept. 3, 2025. The record date has been set at July 25, 2025.

The company has elected to use the "notice and access" provisions under National Instrument 54-101 -- Communication with Beneficial Owners of Securities of a Reporting Issuer for the meeting. The notice and access provisions are a set of rules developed by the Canadian Securities Administrators intended to reduce the volume of materials which are mailed to shareholders by allowing a reporting issuer to post proxy-related materials in respect of a meeting of its shareholders on-line.

The company anticipates the notice and access will directly benefit the company through substantial reductions in postage and printing costs. The company believes that notice and access is more environmentally responsible to the extent that it reduces the large volume of paper documents generated by printing proxy-related materials.

Shareholders with questions about notice and access can call Olympia Trust Company toll-free at 1-866-668-8379.

The meeting materials will be posted on the company's website and on SEDAR+ under the company's profile. To receive a paper copy of the information circular and financial statements, requests by shareholders may be made up to one year from the date the information circular is posted on the company's website by email to Olympia Trust Company at cssnoticeandaccess@olympiatrust.com or by calling toll-free at 1-866-668-8379.

About Belmont Resources Inc.

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

We seek Safe Harbor.