Belmont Appoints Pierre O'Dowd as V.P. Exploration
25 January 2014 - 1:00AM
Marketwired
Belmont Appoints Pierre O'Dowd as V.P. Exploration
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 24, 2014) -
Belmont Resources Inc. ("Belmont", the "Company" or
(TSX-VENTURE:BEA)(PINKSHEETS:BEAAF)(FRANKFURT:L3L) is pleased to
accept Pierre O'Dowd, P. Geo. of St-Jean-sur-Richelieu, Quebec to
the management team, and his appointment as Vice-President,
Exploration.
Mr. O'Dowd brings more than thirty-five years of mining
experience both in exploration and production. He has also been
Vice-President and President of other junior mining companies. He
is a member of the Order of Professional Geologists of Quebec and
is a Qualified Person under National Instrument 43-101.
Mr. O'Dowd has contributed too many discoveries and mine
developments in the Abitibi while working with companies such as
Soquem, Falconbridge Copper, Noranda, Breakwater Resources,
Cambior, Mine D'Or Doyon (Iamgold) as well as numerous junior
companies. He has worked in Canada and Latin America and is
familiar with deposit types such as VMS, hydrothermal and
epithermal gold and silver, porphyry copper and replacement ore
bodies, lithium, iron-vanadium and coal.
Mr. O'Dowd will be responsible for the continued development of
the Company's Abitibi, Northwestern Quebec area properties, in
particular the Berthiaume ("Be") Property. He will oversee
continued ground geophysics and coordinate a diamond drilling
program to test the high-priority anomalous zones and strong IP
anomalies which identified new exploration targets.
Qualified
Persons
Mr. O'Dowd, P. Geo., a Qualified Person as defined by NI 43-101
has reviewed and approved the technical information in this news
release.
Other
The Company has granted 200,000 incentive stock options to Mr.
O'Dowd at a price of $0.12 for a period of three years. All
securities are subject to regulatory approvals and the Company's
Stock Option Plan.
The Company has arranged a Quebec office for additional
information and contact regarding the Abitibi area properties. The
address is Suite 725, 999 De Maissonneuve W., Montreal Quebec H3A
3L4 and telephone #514-845-1101.
About Belmont Resources
Inc.
In June 2012, the Company entered into a property option
agreement to acquire four groups of mineral (51) claims,
representing 2,254.27 hectares in the Berthiaume, Orvilliers and
Joutel Townships, all located within the Abitibi Harricana-Turgeon
volcanic greenstone of Northwestern, Quebec. This belt hosts
several world- class deposits that have produced both gold and base
metals.
The Company completed and fulfilled the final terms of the
February 2010 option agreement and has now acquired a 100% interest
in 3,040 ha. (23 contiguous mineral claims), known as the
Lumby/Bufo property located approximately 35 km. northeast of the
town of Atikokan. The property adjoins the "Hammond Reef" gold
deposit, belonging to Osisko Mining Corp. (former Brett Resources
Inc.), along strike to the north-northeast.
In 50/50 ownership with International Montoro Resources Inc.,
Belmont has acquired and is exploring joint venture opportunities
for its two significant uranium properties (Crackingstone -982 ha
& Orbit Lake - 11,109 ha) in the Uranium City District in
Northern Saskatchewan.
Further information can be found on the Company's website at
www.BelmontResources.com and on www.Sedar.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Vojtech Agyagos, CEO/President
This Press Release may contain forward-looking statements that
may involve a number of risks and uncertainties. Actual events or
results could differ materially from the Companies forward-looking
statements and expectations. Neither the TSX Venture Exchange nor
its Regulation Services Provider (as the term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this news release.
Belmont Resources
Inc.604-683-6648604-683-1350www.BelmontResources.com
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