Business

Drilling Completed at Lone Star Copper-Gold Project

(TheNewswire) Phase 1 drilling program has now been completed for a total...

articleBelmont Resources Inc.June 8, 20225/company/belmont-resources-inc/news/drilling-completed-at-lone-star-copper-gold-project
Drilling Completed at Lone Star Copper-Gold Project

About this update from Belmont Resources Inc.

[{"type":"text","content":"Drilling Completed at Lone Star Copper-Gold Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n Phase 1 drilling program has now been\ncompleted for a total of 46 drill holes for 7,888 meters with final\nassays still pending.\n \n \n \n \n \n \n \n Upon final receipt of all assays the\ncompany will compile a 43-101 resource estimate resource at Lone Star\ndeposit.\n \n \n \n \n \n \n \n \n Multiple high grade zones of\nmineralisation intersected during the campaign to date\ninclude:\n \n \n \n \n \n \n \n \n 44.2m @ 1.5% CuEq from 65.8m (incl.\n19.8m @ 2.8% CuEq) (LS21-001)\n \n \n \n \n \n \n 22.1m @ 1.4% CuEq from 140.4m (incl.\n8.5m @ 2.6% CuEq) (LS21-001)\n \n \n \n \n \n \n 15.5m @ 5.0% CuEq from  48.3m (incl.\n2.6m @ 26.1% CuEq) (LS21-002)\n \n \n \n \n \n \n Vancouver, B.C. Canada –\n \n \n TheNewswire -\n \n \n June 8, 2022; Belmont\nResources Inc. (“Belmont”), (or the “Company”), (TSX.V: BEA;\nFSE: L3L2) is pleased to announce the completion its Phase I 7,888\nmeter drill program\n \n \n along with the latest drill\nresults from the Belmont-Marquee JV Lone Star copper-gold project in\nWashington State.\n \n \n \n \n George Sookochoff, President &\nCEO commented,\n \n \n “When drilling on the Lone Star\nstarted on November 17, 2021, our initial plans were for a 2,500 meter\ndrill program. But as drilling progressed and we continued to receive\ngood drill results as we extended the historic resource envelope, we\nlet the drilling go on for an additional 5,388 meters, and we\nweren’t disappointed with that decision. With drilling now complete\nwe look forward to delivering an updated and robust 43-101 compliant\nresource estimate for the Lone Star deposit.”\n \n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n Lone Star 2021-22 Drill Intercepts (CuEq\n>.04%)\n \n \n \n \n Significant results from the latest batch of assays\ninclude:\n \n \n \n \n o        LS21-022: 35.1m @\n \n \n 1.0% CuEq\n \n \n from 41.2m\ninc. 4.6m @\n \n \n 2.8% CuEq.\n \n \n \n \n o        LS21-022: 79.9m @\n \n \n 0.9% CuEq\n \n \n from 97.5m\ninc. 7.6m @\n \n \n 3.2% CuEq.\n \n \n \n \n o        LS21-023: 24.4m @\n \n \n 0.8% CuEq\n \n \n from\n138.7m\n \n \n \n \n o        LS...

More updates from Belmont Resources Inc.