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TSX-V:BEA

Belmont Resources Inc.

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Market:
TSX-V
Market Cap:
$2.9 m
Price
0.06 CAD
Change
0.00%
52 weeks high
0.11
52 weeks low
0.05

In brief

Belmont Resources is a junior mining and exploration company which trades on the Toronto Venture Exchange under the symbol TSX.V:BEA

We are engaged in the business of acquiring and re-developing past producing copper-gold-silver mines in southern British Columbia (the Greenwood mining camp) and Northern Washington State (The Republic mining Camp). This region is considered to have the highest concentration of mineralization and past producing mines in western North America.

Most mines in this area operated between the late 1800s to early 1900s. They did the initial hard work in identifying mineralized areas. However, most often they only mined visible gold, copper and silver (ie. If they did not see it, they did not mine it) and most often, only mined to shallow depths.

By utilizing new exploration technology, new methods in geological modelling, and computer 3D modelling and analysis of historic and current data, the company is successfully identifying new areas of mineralization within, beneath and near these past producing mines.

Golden Dawn Minerals recent announcement of their plans to reactivate their 200 tpd Greenwood Toll Mill, situated virtually in the middle of Blemont’s properties adds a key component for potential production from our projects.