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Belmont Resources Inc.
Summary
| Project: | Kibby Basin | |
|---|---|---|
| Deposit: | Kibby Basin | |
| Location: | United States | |
| Commodities: | Lithium | |
| Date: | 9/28/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-9-2018: Belmont Resources Inc. announces an Exploration/Drilling Update report for its Kibby Basin deposit at the Kibby Basin project. Drilling results incl. 4ft @ 395ppm Li from 1528ft. Belmont and MGX Minerals Receive Further Encouraging Assays up to | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert Cuffney (Internal) | |
| ABSTRACT: | Belmont and MGX Minerals Receive Further Encouraging Assays up to 580 ppm Lithium in Lower Level Samples Between 1270 and 1798 Feet on KB-3 in Kibby Basin, Nevada Lithium Project Vancouver, B.C. Canada, September 28, 2018; (“Belmont Resources Inc. (“Belmont” or the “Company”) (TSX.V:BEA; FSE: L3L1; DTC Eligible – CUSIP 080499403). Kibby Basin Drilling –Further Encouraging Assays: Further to our news release of September 12, 2018 Belmont and MGX Minerals Inc. (CSE: XMG) have received ICP analyses for 25 core samples collected from the core tail of hole KB-3 (1270 – 1798 feet). Lithium values for 20 of the 25 samples exceed 100 ppm Li with seven (7) samples containing greater than 375 ppm Li including another high of 580 ppm Li. Lithium is enriched in the more clay-rich samples. Core splitting and sampling is now being completed on the entire core section of the hole to give complete assay results for hole KB-3. Ash layers accounted for four | |
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