Exploration Update For Lone Star Copper-Gold Project

VANCOUVER - Belmont Resources Inc. reported that Belmont’s JV partner Marquee Resources has announced the final assay results from the Lone Star Copper-Gold Project, Washington State. Results from the final batch of assays continue to intersect a wide mineralized envelope (up to 150m @ >0.5% Cu) with high-grade mineralized zones (up to 19.8m @ >2% Cu) within the core of the system. The Company’s focus now turns to completion of a maiden, JORC/NI 43-101 compliant resource estimate.

George Sookochoff, President & CEO, said, “With receipt of the final assay results we have completed another milestone in the continuing development of the Lone Star deposit. The drilling has revealed high grade copper and significant amounts of accessory gold and silver which should potentially make a robust contribution to an upcoming NI 43-101 compliant resource estimate.”