Completion Of First Drill Program At Come By Chance

VANCOUVER – Belmont Resources Inc. reported on the first drill program at the Cu-Au Come By Chance (CBC) Property located in southern B.C which has been completed. A total of 1,970 meters were drilled in 6 holes. Core logging, geotechnical work, and sampling are ongoing and assays from the drill program will be released when they are received, expected to be in four to six weeks.

George Sookochoff, President and CEO, said, “We are excited to have successfully completed Phase I of our maiden drill program on our CBC project. The upcoming assay results will provide us with valuable feedback in regards to determining the correct geophysical signatures and geology which best correlate to mineralization for Phase II drilling at Eagle and Hardy Mountain zones.”

The Phase I program tested three initial zones; Betts, Iron Chief and Lady M. for skarn/epithermal potential along the NW-SE trending Eagle Fault. The first holes targeted the known Betts zone at depth, with subsequent holes targeting various magnetic, chargeability, and resistivity anomalies. The targets were traced to surface sampling where possible.