Belmont Contracts to Commence Drilling at Lumby/Bufo Property

- March 31st, 2010

Belmont Resources Inc. (TSX VENTURE:BEA)(OTCBB:BEAAF)(FRANKFURT:L3L)reported that it was awarded a contract to C3Drilling Canada Inc. of nearby Fort Frances, Ontario to commence a drill program on the 1632 ha group of 14 contiguous mineral claims (102 claim units), known as the Lumby/Bufo property.

Belmont Resources Inc. (TSX VENTURE:BEA)(OTCBB:BEAAF)(FRANKFURT:L3L) reported that it was awarded a contract to C3Drilling Canada Inc. of nearby Fort Frances, Ontario to commence a drill program on the 1632 ha group of 14 contiguous mineral claims (102 claim units), known as the Lumby/Bufo property.

The press release is quoted as saying:

Belmont Resources Inc. has previously focused on acquiring and developing uranium properties in developed and emerging uranium districts. Belmont (50/50) with International Montoro Resources Inc. has acquired two significant uranium properties (Crackingstone – 982 ha & Orbit Lake – 11,109 ha) in the Uranium City District in Northern Saskatchewan. The Company also holds interests (50/50 with Int. Montoro) in two uranium claim blocks in the Central Mineral Belt in Labrador. Other properties: Holds interests (50/50 with Int. Montoro) in three claim blocks in the Red Lake, Ontario gold camp and a 12.5% interest in a West Voisey’s Bay, Labrador joint venture –112.75 sq. km nickel/copper/cobalt property.

Click here to access the entire press release

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