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BELMONT & MONTORO MOBILIZE EXPLORATION CREW TO CRACKINGSTONE
AND ORBIT LAKE PROPERTIES, URANIUM CITY, SASKATCHEWAN
International Montoro Resources Inc. (“TSX.V-IMT”)
and Belmont Resources Inc. (“TSX.V-BEA”) are pleased
to announce that they have mobilized a six person crew including
Ray Bernatchez, P.Eng., Consulting Geologist and Dr. John Morgan,
P.Geo. to the Crackingstone uranium and adjoining Orbit uranium
properties. These programs are expected to run for approximately
six weeks.
Crackingstone
Further to our news release dated May 17, 2007 which reported the
results of a ground geophysical survey for the Crackingstone project,
the data has been correlated with known structures and recommended
a soil sampling program, trenching and channel sampling on the highest
priority anomalies which will further identify targets for diamond
drilling.
Orbit Lake
Belmont and International Montoro announce the exploration crew
will also be conducting a similar exploration program to Crackingstone
as a follow-up to a combined airborne and magnetic survey completed
by the Geological Survey of Canada (GSC) and Saskatchewan Energy
and Mines (SCS) and previously documented uranium showings located
on the Orbit property. This program is being conducted with Ultra
Uranium Corp. (“TSX.V-ULU”), whereby Ultra can acquire
a 65% interest in the Orbit Uranium property adjoining the Crackingstone
by completing $2 million is exploration over three years and other
considerations, as previously announced on April 16, 2007.
Specific details of these programs will be forthcoming as the crew
continues work from its base camp in Uranium City, Saskatchewan.
Other
Belmont has granted 150,000 incentive stock options under its Stock
Option Plan for a period of two years at a price of $0.16 per share,
subject to regulatory approval.
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