22:42:01 EST Thu 11 Dec 2025
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Belmont Resources Inc (4)
Symbol BEA
Shares Issued 132,483,272
Close 2025-12-11 C$ 0.045
Market Cap C$ 5,961,747
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Belmont Resources completes relogging at Crackingstone

2025-12-11 18:32 ET - News Release

Mr. George Sookochoff reports

BELMONT RESOURCES COMPLETES RELOGGING OF 2008 DRILL CORE AT CRACKINGSTONE URANIUM PROJECT, SASKATCHEWAN

Axiom Exploration Group Ltd. has completed the relogging and resampling program of drill core from Belmont Resources Inc.'s historic 2008 Crackingstone drill campaign at the company's 100-per-cent-owned Crackingstone uranium project, located near Uranium City, Northern Saskatchewan.

Axiom mobilized a technical team to inspect, relog and selectively resample drill core preserved from 20 historical drill holes totalling 3,029.4 metres. The core is stored in Uranium City and remains in good condition for detailed re-examination.

pXRF of Crackingstone 2008 drill core

Since the original 2008 program, there have been major advancements in geological understanding of the Beaverlodge domain as well as significant improvements in analytical methods for identifying and characterizing uranium and rare-earth element (REE) mineralization. During the 2008 program, only limited intervals showing visible uranium were submitted for U3O8 analysis.

The newly completed relogging program incorporates:

  • 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 of the program

The work completed by Axiom is designed to:

  • Generate comprehensive geochemical data sets to better characterize uranium mineralization, alteration and pathfinders across the full length of the 2008 drill core.
  • Update lithological and structural interpretations to support refined geological modelling and future drill-target planning.
  • Evaluate the potential for REE mineralization within thorium-rich pegmatites, which have been mapped on the property and may provide additional commodity upside.
  • Integrate new results with historic data sets, geophysical surveys and regional geology to help delineate new priority drill targets for upcoming 2026 exploration programs.

"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."

Drill samples have been sent to SRC Geoanalytical Laboratories, Saskatoon, Sask., for analysis.

Belmont will provide an update once analytical results and interpretive work from the relogging program are finalized.

National Instrument 43-101 disclosure

The technical and scientific information in this news release has been reviewed and approved by Laurence Sookochoff, PEng, technical adviser of the company, who is a qualified person as defined by National Instrument 43-101.

About Belmont Resources Inc.

Belmont Resources is a Canadian resource company focused on advancing a diversified portfolio of discovery stage assets including Crackingstone (uranium-REE, Saskatchewan), Come By Chance (copper-gold porphyry/CRD, B.C.), Athelstan-Jackpot (gold, B.C.), Kibby (lithium, Nevada) and Lone Star (copper-gold, Washington).

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