Belmont Resources Inc. · TSXV:BEA
Belmont Resources — Investor Presentation (February 2023)
39 slides from Belmont Resources's investor presentation, February 2023
Slide 1: Robust project pipeline of high-quality projects
Robust project pipeline of high‐quality projects. 2023 Exploration Programs Planned For All 5 Projects February 2023
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: 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 4: CBC Copper-Gold Property 100% owned
CBC Copper‐Gold Property 100% owned Targeting Large Copper‐Gold Porphyry Geophysics and drilling to date provides vectors pointing towards the core of a large copper gold porphyry system 2023 Drilling to Target Apparent Porphyry Core LIDAR Survey • Strong magnetic low bounded by two magnetic highs w
Slide 5: 2020 IP Survey
2020 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.
Slide 6: CBC Property
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 are indication o
Slide 7: 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. 7
Slide 8: 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 9: 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 10: 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 center of the property targeting the apparent core of the porphyry system. • The Geophysical target: chargeability low – resistivity low – magnetic low. 10
Slide 11: The A-J Gold Project 100% owned
The A‐J Gold Project 100% owned 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 a
Slide 12: 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 A potential resource of 2,000‐5,000 ounces of gold in the surface and near surface mineralized areas appears to exist within the A‐J Group based on previous trenching results and sampling of extensive mine dumps. The identificat
Slide 13: 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 Athelstan mine dump Jackpot dump on old railway cut Surface Dump Sampling Sampled 0.36 oz/t Au & 0.44 oz/t Ag Sampled 1.0 oz/t Au & 5.26 oz/t Ag report, G
Slide 14: 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 14
Slide 15: The A-J Gold Project 2023 Plans
The A‐J Gold Project 2023 Plans Belmont is planning to send bulk samples to Envirometal Technologies, Burnaby B.C., to test gold recovery processing. EnviroMetal extracts precious metals from ores, concentrates and E‐Waste by deploying its proprietary non‐cyanide, water‐based and neutral pH treatmen
Slide 16: Crackingstone Uranium-Thorium + New Exploration for Rare Earth Elements
100% owned Crackingstone Uranium‐Thorium + New Exploration for Rare Earth Elements Athabaska Basin Saskatchewan
Slide 17: Crackingstone Uranium-Thorium & Rare Earth Elements Project
Crackingstone Uranium‐Thorium & Rare Earth Elements (REE’s) Project Northern Saskatchewan has the richest and largest reserves of uranium in the world. And recently some of the Athabaska Uranium highest grade Rare Earth District Elements (REE’s) are being discovered In Northern Saskatchewan due to t
Slide 18: Crackingstone History Beaverlodge Uranium District
Crackingstone History Beaverlodge Uranium District Major faults are primary host to large uranium deposits in the Beaverlodge uranium district. The St.Louis fault is considered one of the more important faults in the area. 3
Slide 19: Crackingstone Thorium
Crackingstone Thorium Airborne geophysics delineated a large Thorium anomaly on the NW portion of the property. 3
Slide 20: Crackingstone Uranium
Crackingstone Uranium Airborne geophysics also delineated a large Uranium anomaly on the Central and SE portion of the property. 3
Slide 21: Crackingstone Uranium
Crackingstone Uranium Numerous Uranium showings are mapped on the property. 3
Slide 22: Crackingstone 2008 Drilling
Crackingstone 2008 Drilling • 2008 – 20 drill holes (3,000m) program focused on uranium along a fault. • Although all drill holes intercepted uranium, no further exploration was carried out. • A 2023 review of 2008 drill logs reveals that 17 of the 20 holes intercepted pegmatite. • Records show that
Slide 23: Crackingstone Pegmatite
Crackingstone Pegmatite • Several pegmatite outcrops were mapped at the time but were never assayed as there was no interest at the time for REE’s and as such pegmatites. 2008 Geologist recording large pegmatite outcrop 14
Slide 24: Pegmatite + Thorium = REE's?
Crackingstone Uranium‐Thorium Project Pegmatite + Thorium = REE’s ? Appia Rare Earths & Uranium has announced some of the highest grade REE occurrence in the world. (from Appia website) 14
Slide 25: Pegmatite + Thorium = REE's?
Crackingstone Uranium‐Thorium Project Pegmatite + Thorium = REE’s ? Their REE’s are associated with “Pegmatites” within Thorium anomalies. 14
Slide 26: 2023 Exploration Plans
Crackingstone Uranium‐Thorium Project 2023 Exploration Plans • 3,000 meters of drill core from the 2008 drill program are still stored at nearby Uranium City. No drilling required: • The company plans to re‐log and assay for REE’s all of the 2008 pegmatite drill intercepts (over 200 meters of pegmat
Slide 27: 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 28: Lone Star Mine Diamond Drill Holes
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 28
Slide 29: Lone Star Copper Gold Project New Resource Estimate
Lone Star Copper Gold Project Optioned to Marquee Resources ASX:MQR 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 c
Slide 30: Lone Star Mine Further Drilling to Commence Q1 2023
Lone Star Mine Further Drilling to Commence Q1 2023 • 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 Q1 2023 in order to expand the resource and prepare for a Preliminary Economic Assessment in o
Slide 31: Kibby Basin Lithium Project
Kibby Basin Lithium Project • Targeting large potential lithium brine aquifer beneath Kibby playa, Nevada. 31
Slide 32: 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 33: 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 34: The Kibby Basin Lithium Claims Marquee JV/Options
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 35: Marquee/Belmont JV – 2,000m Drill Program
Marquee/Belmont JV – 2,000m Drill Program • Marquee recently completed a 2,000m drill program which targeted a large potential lithium brine aquifer beneath Kibby playa . 35
Slide 36: Marquee/Belmont JV – 2,000m Drill Program Results
Marquee/Belmont JV – 2,000m Drill Program 2022 Drill Results The Company has received the final samples from the Kibby Basin Lithium Project with the results from two boreholes (KB 22‐01 and KB 22‐02) confirming high levels of lithium‐bearing sediments along with dissolved lithium in the groundwater
Slide 37: 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 38: 2023 Upcoming Milestones
2023 Upcoming Milestones Crackingstone 100% Uranium‐Thorium Project • Re‐logging 3,000 meters of 2008 drill core for pegmatite • Assaying “Pegmatite” intercept sections for REE’s • Geological mapping & sampling of large thorium anomaly. CBC 100% Copper‐Gold Porphyry Project • Geophysics and drilling
Slide 39: Key Facts
Key Facts Share Info As of Jan. 31, 2023 Shares: 63.9M Warrants: 21.6M Options: 5.4M Fully Diluted: 90.9M 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] 39
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