Belmont Resources Inc. (“BEA”), International Montoro Resources Inc. (“IMT”), the (“Companies”) and Ultra Uranium Corp. (“Ultra”) (TSX.V: ULU) are pleased to announce the completion of an airborne magnetic/electromagnetic survey over the Orbit Uranium project located 8 km west of Uranium City, Saskatchewan. This survey consisted of 1319 line km using the Aerotem IV system, which is the newest and highest power airborne survey equipment available. It is expected that results of this survey will be received and interpreted in approximately eight (8) weeks. This survey will assist in further defining targets of interest in the Orbit uranium region, which is adjacent to the Companies Crackingstone Uranium project. The Crackingstone Uranium project has a minimum 3000 metre diamond drill program currently underway. Hole #1 was drilled to a depth of 155 metres as anticipated and four additional holes have also been successfully completed. The drill program is expected to be finalized in June.
Ultra has an option agreement with the Companies to acquire a 65% interest in the Orbit Uranium 11,109 ha Project.
This news release was reviewed and approved for technical disclosure by Raymond
A. Bernatchez, P.Eng., Consulting Geologist, an independent qualified person
under NI 43-101.
ON BEHALF OF THE BOARD
Gary Musil, CFO/President/Director
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.