Belmont Resources conducts ground gravity survey at Crackingstone
2,500-Station Survey to Refine Drill Targeting Ahead of 2026/2027 Drill Program
Vancouver, B.C. – TheNewswire - September 10, 2026 – Belmont Resources Inc. (TSX-V: BEA) (FSE: L3L2) ("Belmont" or the "Company") is pleased to announce that it plans to conduct a ground gravity survey over the Company's 100%-owned Crackingstone Uranium Project, located approximately 8 km southwest of Uranium City, Saskatchewan, in the historic Beaverlodge uranium district. The Company is finalizing arrangements with a qualified geophysical services provider to carry out the program.
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Figure 1: Location map of the Crackingstone Uranium Project in the Beaverlodge District, Saskatchewan, showing past-producing uranium mines (Smitty, Leonard, Cinch Lake and Cayzor) along the Boom Lake, Leonard and Crackingstone fault corridors, and the property compilation map overlaid on airborne radiometric (eU) data. Historic showings on the property include grades of up to 15.6% U3O8, with 11 tons mined at 2.3% U3O8 from the No. 7 Adit. The property lies approximately 8 km from Uranium City and is permitted for up to 40 drill holes through 2028.
Survey Highlights
Approximately 2,500 planned gravity stations on a 50 m x 50 m grid, covering approximately 253 hectares (2.53 km²) of the property
Survey design integrates the Company's existing airborne radiometric uranium/potassium (U/K) ratio data together with all other available exploration datasets for the property, targeting coincident gravity, radiometric and structural anomalies along strike of the Black Bay Shear Zone — the structural trend historically associated with four past-producing uranium mines — to finalize high-quality drill target selection
Field program scheduled for the first week of October 2026, with an estimated 10 to 14 field days
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Figure 2: Planned 2026 gravity survey grid over the Crackingstone Property , comprising approximately 2,500 stations, overlaid on the existing airborne radiometric uranium/potassium (U/K) ratio survey. The grid is designed to test coincident gravity, radiometric and structural anomalies across the property, with the highest U/K ratio zones (shown in pink and white) highlighting priority areas for drill target refinement
About the Survey
The survey will be conducted using digital electronic feedback gravity meters together with multi-constellation RTK GNSS receivers to establish precise station positions and gravity readings. Data will be corrected for earth tides, instrument drift, base shifts, latitude, terrain and free-air effects to produce Bouguer gravity values suitable for identifying subsurface density contrasts associated with structural and alteration features relevant to uranium mineralization.
Belmont plans to integrate the resulting gravity data with the property's existing airborne radiometric survey and historic drill core data as part of the ongoing evaluation and target generation program at Crackingstone, under the guidance of Ken Wheatley, the Company's Senior Geological Advisor for the project.
"This gravity survey is the final step before we put the drill bit to the ground at Crackingstone. By combining it with our full exploration dataset, we'll be able to pinpoint the highest-confidence targets across a property that already boasts some of the strongest historic uranium showings in the Beaverlodge district, including grades up to 15.6% U3O8. We believe Crackingstone has the potential to host a significant new uranium discovery, and this survey is the key that unlocks it," said George Sookochoff, Chairman of Belmont Resources Inc.
About Belmont Resources Inc.
Belmont Resources Inc. is a Vancouver-based mineral exploration company advancing a diversified portfolio of projects, including the Crackingstone uranium project in Saskatchewan, the Lone Star copper-gold project in Washington State, and additional lithium and rare earth element properties in British Columbia and Nevada.
NI 43-101 Disclosure:
The technical and scientific information in this news release has been reviewed and approved by Mr. Ken Wheatley, P.Geol., M.Sc., a Senior Geological Advisor to Belmont and who is a Qualified Person as defined by NI 43-101
ON BEHALF OF THE BOARD OF DIRECTORS
“George Sookochoff”
George Sookochoff, Chairman
604-505-4061
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.
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. 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 2023, 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.
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TheNewsWire
September 10, 2026 - 6:15 AM PDT
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