VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 26, 2016) – Belmont Resources Inc. (TSX VENTURE:BEA)(FRANKFURT:L3L1)(OTC PINK:BEAAF) (“Belmont”, or the “Company) is pleased to announce that it has contracted E.L. “Buster” Hunsaker III of Hunsaker Inc. – Consulting Geologists of Elko, Nevada to complete a NI 43-101 Report on the Kibby Basin Property. Buster Hunsaker has completed the Kibby site visit and is proceeding with the preparation of the report.
Kibby Basin Property:
Further to our news release of March 30, 2016 please note that the Kibby Basin Property consists of sixteen (16) placer claims (not 13) as previously announced, totaling approximately 1036 hectares (2,560 acres) in Esmeralda County-Nevada, halfway between Las Vegas and Reno; and 65 km north of Clayton Valley.
The Company anticipates conducting an exploration program of detailed geologic and geophysical mapping, along with surface sampling within the current exploration season, upon recommendations from Buster Hunsaker.
Further information on the Property can be reviewed on the Company’s website Project page at www.BelmontResources.com.
The Company has engaged 360 Aviation Services Inc. (“360”) of Vancouver, B.C. to conduct investor relations on behalf of the Company for a six month contract. Terms of the agreement were disclosed in the March 30, 2016 news release.
The TSX Venture Exchange has accepted for filing the Investor Relations Agreement dated March 29, 2016.
ON BEHALF OF THE BOARD OF DIRECTORS
Gary Musil, CFO/Director
This Press Release may contain forward-looking statements that may involve a number of risks and uncertainties, based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control. Forward looking statements in this news release include statements about the possible raising of capital and exploration of our properties. Actual events or results could differ materially from the Companies forward-looking statements and expectations. These risks and uncertainties include, among other things, that we may not be able to obtain regulatory approval; that we may not be able to raise funds required, that conditions to closing may not be fulfilled and we may not be able to organize and carry out an exploration program in 2016; and other risks associated with being a mineral exploration and development company. These forward-looking statements are made as of the date of this news release and, except as required by applicable laws, the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.