Belmont Resources Inc. · TSXV:BEA
Belmont Resources — Investor Presentation (November 2022)
27 slides from Belmont Resources's investor presentation, November 2022
Slide 1: Robust project pipeline of high-quality projects
Robust project pipeline of high‐quality projects. November 2022
Slide 2: Cautionary Statement
Cautionary Statement Except for historical information contained herein, this presentation may contain forward‐looking statements including, but not limited to, comments regarding predictions and projections. Forward‐looking statements address future events and conditions and therefore involve inher
Slide 3: Lone Star Copper Gold Project New Resource Estimate
Lone Star Copper Gold Project New Resource Estimate Announced Oct. 26, 2022 October 2022 Belmont’s JV/Option partner Marquee Resources announced a “New Mineral Resource Estimate. •The Mineral Resource is reported inside of a conceptual pit shell at an internal cut off grade of 0.112% copper equivale
Slide 4: Lone Star Copper-Gold Project
Lone Star Copper‐Gold Project • The past producing Lone Star property is located in northern Washington State on the northeastern tip of the Republic Graben, an important geological feature which hosts several gold and copper mines. The Lone Star mine operated over two time periods; • underground fr
Slide 5: Lone Star Mine Diamond Drill Holes for 7,888 m
Lone Star Mine 46 Diamond Drill Holes for 7,888 m Completed at Lone Star Copper‐Gold Project June 2022 Marquee Resources completed a 7,888m (46 hole) diamond drill program and results subsequently used in the new mineral resource estimate. 2022 Drilling Highlights 5
Slide 6: Further Drilling to Commence December 2022
Lone Star Mine Further Drilling to Commence December 2022 • In excess of 1.2Mt of high‐grade material has been identified which is open at depth. • Marquee Resources plans to restart drilling on the Lone Star in December of 2022 in order to expand the resource and prepare for a Preliminary Economic
Slide 7: Kibby Basin Lithium Project Drilling in Progress
Kibby Basin Lithium Project Drilling in Progress 3,000m drill program completed 3 drill hole program testing the highly conductive anomaly which may potentially represent a large lithium brine aquifer. 7
Slide 8: Marquee/Belmont JV – 3,000m Drill Program
Marquee/Belmont JV – 3,000m Drill Program Belmont JV partner Marquee Resource in conducting a 3,000m (3 hole) drill program to test the conductive geophysical anomaly for potential lithium brine content. Drill hole KB22-02 has recently been completed and the company is awaiting lithium assay results
Slide 9: Kibby Basin Lithium Project, Nevada
Kibby Basin Lithium Project, Nevada The Kibby Basin Lithium Project totaling 13,440 acres (54 sq km) is located 60kms north of Clayton Valley Basin Lithium. Albemarle is located in the Clayton Valley and owns the only producing lithium mine in the United States. The Kibby Valley Basin has similar cr
Slide 10: Magnetotelluric (MT) Survey
Magnetelluric (MT) Survey • Magnetelluric (MT) geophysical survey identified large (34 sq km) conductive anomaly (<5 ohm) that may represent a potential large target for Li-brines.
Slide 11: The Kibby Basin Lithium Claims
The Kibby Basin Lithium Claims Marquee JV/Options Kibby Playa Claim Block In November 2021, Belmont announced a Option/JV agreement with Marquee Resources (ASX.MQR) for a 10 sq km central portion of Belmont’s Kibby Claim. The agreement terms are: • for Marquee to issue Belmont C$100,000 cash upon si
Slide 12: Permitted for Water
Permitted for Water The Kibby Basin lithium property is fully permitted by the state of Nevada to extract a maximum 2,896 acre‐feet (944 million gallons) annually of water for brine processing and production of lithium compounds. Obtaining a water permit for the Kibby Basin lithium project was a maj
Slide 13: Acquiring past producing mines in one of the most prolific mining camps
Acquiring past producing mines in one of the most prolific mining camps of western North America • The prolific Greenwood mining camp of southern British Columbia and the adjacent Republic camp of Washington state, have a rich history of mining. It is considered to be one of the most concentrated mi
Slide 14: Come By Chance (CBC) Copper-Gold Property
Come By Chance (CBC) Copper‐Gold Property Targeting Large Copper‐Gold Porphyry All exploration data to date is vectoring towards the core of a large copper gold porphyry system LIDAR Survey • The aeromagnetic survey results revealed a strong magnetic low bounded by two magnetic highs which are indic
Slide 15: IP Survey
IP Survey The IP survey results substantiated some of the indications of the potential for a structurally controlled concealed mineralized intrusive. The results revealed three anomalous chargeability high (more than 23 ms) zones correlative or associated with an anomalous low resistivity zone. All
Slide 16: Come By Chance (CBC) Property
Come By Chance (CBC) Property • Drilling targeting potential deep‐seated copper/gold porphyritic, bulk tonnage, mineral resource. • Mineralized skarns and epithermal zones potentially associated with concealed porphyry intrusive of copper/gold mineralization. • High‐gold and copper values at surface
Slide 17: Phase I 2022 Drilling
Phase I 2022 Drilling In the spring of 2022 Belmont conducted a 2,304m (6 hole) drill program focusing primarily on chargeability high targets located in the lower south west area of the property. 17
Slide 18: Phase I 2022 Drilling
Phase I 2022 Drilling • An abundance of pyrite rich zones (charge hi) were intercepted which is common to copper porphyries. This fact accounted for the chargeability highs in the IP survey. • We can also see from the IP chargeability results there is a charge‐hi anomaly encircling the center of the
Slide 19: Phase I 2022 Drilling
Phase I 2022 Drilling • The 2,304 meter drill program confirmed porphyry style alteration, veining and mineralization over an initial area measuring 1,300 meters by 900 meters. • Extensive propylitic (chlorite, epidote, albite and carbonate) alteration encountered in all six drill holes. Common to m
Slide 20: Planned Phase II 2023 Drilling
Planned Phase II 2023 Drilling • A Phase II 2023 drill program is planned for Q1 2023. • Drilling will focus on the north east area of the property targeting the apparent core of the porphyry system. • The Geophysical target: chargeability low – resistivity low – magnetic low. 20
Slide 21: The A-J Gold Project
The A‐J Gold Project Athelstan & Jackpot Gold Mines High Grade Near Surface Bulk Tonnage Gold Prospect Belmont is investigating the potential for surface and near surface ore zones with economic gold grades along a 1km mineralized trend. 21
Slide 22: The A-J Gold Project High Grade Near Surface Bulk Tonnage Gold Prospect
The A‐J Gold Project High Grade Near Surface Bulk Tonnage Gold Prospect As a short term revenue generating model Belmont is 22
Slide 23: The A-J Gold Project Low Grade Near Surface Bulk Tonnage Gold Prospect
The A‐J Gold Project Athelstan & Jackpot Gold Mines Low Grade Near Surface Bulk Tonnage Gold Prospect A further possible source of ore at the surface may be the extensive mine dumps that appear to contain ore grade material. (Arrowhead Resources Surface Dump Sampling report, Grant 1981) In the repor
Slide 24: The A-J Gold Project Sampling Old Mine Dumps
The A‐J Gold Project Sampling Old Mine Dumps Lower Jackpot dump Sampled 0.68 oz/t Au & 2.76 oz/t Ag Mine dump old railway bed Arrowhead Resources Surface Dump Sampling report, Grant 1981 Athelstan mine dump Jackpot dump on old railway cut Sampled 0.36 oz/t Au & 0.44 oz/t Ag Sampled 1.0 oz/t Au & 5.2
Slide 25: The A-J Gold Project Athelstan & Jackpot Gold Mines
The A‐J Gold Project Athelstan & Jackpot Gold Mines Low Grade Near Surface Bulk Tonnage Gold Prospect Property contains Athelstan and Jackpot past producing gold mines. • Production: 7,600 ozs Au & 9,000 oz Ag (Minfile 082ESE047). • Excellent infrastructure with power, water and highway access. • Ea
Slide 26: 2022-23 Upcoming Milestones
2022‐23 Upcoming Milestones Come By Chance (CBC) Copper‐Gold Porphyry Project • Q1 2023 Phase II drilling starts targeting porphyry core. Athlestan Jackpot (AJ) Copper‐Gold Project • Q1 2023 Phase II drilling starts targeting porphyry core. Lone Star Copper‐Gold Project • Phase II drilling to start
Slide 27: Key Facts
Key Facts Share Info As of Sept. 2, 2022 Shares: 63.9M Warrants: 30.9M Options: 5.4M Fully Diluted: 100.2M Contact Info Belmont Resources Inc.– TSX‐V: BEA Suite 615 – 800 W. Pender Street Vancouver, British Columbia, Canada V6C 2V6 Telephone: (604) 505‐4061 E‐mail: [email protected] 27
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