Belmont Resources Inc. · TSXV:BEA
Belmont Resources — Investor Presentation (June 2024)
19 slides from Belmont Resources's investor presentation, June 2024
Slide 1: Crackingstone Uranium Project
Crackingstone Uranium Project Discovering High Grade Uranium in the Athabasca Basin, Saskatchewan, Canada June 2024 May 2024
Slide 2: The Athabasca Basin
THE ATHABASCA BASIN Home to the largest and highest-grade uranium deposits in the world! i Over 900MM Ibs of U,0, produced! } Known resources of 606,600 tonnes U,0," ) Saskatchewan was ranked 2" in the world for mining investment attractiveness? abasca isin Crackingstone —o <p AB SK Belmont HIGHEST
Slide 3: Athabasca Basin Radioactivity Map
Crackingstone Uranium Athabasca Basin Radioactivity Map of the Athabasca Basin Region
Slide 4: Beaverlodge Uranium District
Crackingstone Uranium Project Beaverlodge Uranium District • The Beaverlodge district is located to the northwest of the Athabasca Basin. This historically important uranium mining district was home to Saskatchewan's first uranium mining boom in the 1950's and 1960's with 52 operating mines, includi
Slide 5: Crackingstone Uranium Project
Crackingstone Uranium Project • The Crackingstone property cover 5kms of the Black Bay Shear Zone which hosts several past producing uranium mines. • Several regional faults converge and cross on the property. Uranium mineralization is structurally controlled by major faults. 5
Slide 6: Property access and infrastructure
Crackingstone Uranium Project • Only 6kms from Uranium City • Highway and Powerline pass through the property. • Accessible by vehicle all year round. • Property hosts a swarm of EM conductors. EM conductors are potentially indicative of the presence of graphite- and/or sulphide-bearing basement roc
Slide 7: Numerous high grade uranium occurrences
Crackingstone Uranium Project • Numerous high grade uranium occurrences have been sampled on the property and are mostly coincident with Faults. 7
Slide 8: Electro Magnetic (EM) Survey
Crackingstone Uranium Project Electro Magnetic (EM) Survey • A 2007 ground EM survey delineated numerous linear EM conductors on the Crackingstone property • Electro Magnetic (EM) conductors are potentially indicative of the presence of graphite- and/or sulphide-bearing basement rocks which are asso
Slide 9: Airborne Radiometric Survey
Crackingstone Uranium Project Airborne Radiometric Survey Uranium ppm eU • Airborne radiometric survey continues to be the primary tool for identifying near-surface uranium anomalies. • An Airborne Radiometric survey is a surveying technique that allows the calculation of the heat produced during ra
Slide 10: Structural/Conductive/Mineralized Corridors
Crackingstone Uranium Project Structural/Conductive/Mineralized Corridors • 5 Structural/Conductive/Mineralized Corridors have been identified on the property. • Each corridor is defined by coincident Fault/EM conductor and Uranium mineralization. • These corridors are important because structurally
Slide 11: Ground Radioactivity Survey
Crackingstone Uranium Project Ground Radioactivity Survey • In uranium exploration, a handheld device called a scintillometer, is used to test the radioactivity of rocks. CPS or Counts per Second, is a measurement used to determine how radioactive something is; the higher the better. - Greater than
Slide 12: Ground Radioactivity Survey
Ground Radioactivity Survey • Ground Radioactivity Measurements - CPS or Counts per Second - Greater than 300 cps - anomalous. - Greater than 5,000 cps - high grade. - Greater than 65,000 cps - off-scale 12
Slide 13: 2008 Drilling
Crackingstone 2008 Drilling • 3,000 meter – 20 hole drill program was carried out targeting the Boom Lake EM conductor. • Although the 2008 drill program was successful in delineating a 1.8 uranium mineralized zone, a planned follow up drill program was not initiated due to the 2008 market crash. 13
Slide 14: 2008 Drilling Uranium Intercepts
Crackingstone 2008 Drilling All 20 drill holes intercepted uranium mineralization across a 1.8km zone. Uranium Intercepts % % 14
Slide 15: 2008 Drilling Hematite Intercepts
Crackingstone 2008 Drilling • All 20 drill holes also intercepted Hematite • Hematite is an alteration type often associated with uranium and the occurrence of hematite in alteration zones is an indication of uranium precipitation during the hydrothermal event. • The Hematite intercepts may be indic
Slide 16: 2024 All Historical Data Compilation & Review
Crackingstone 2024 All Historical Data Compilation & Review • For the first time Belmont has compiled over 50 years of Crackingstone historical and more recent exploration data into a single comprehensive database which is being used for drill target generation. 16
Slide 17: 2024 Drill Targets
Crackingstone Uranium Project 2024 Drill Targets • The Company is awaiting approval of a comprehensive 40 drill holes, 10,000 metres drill permit application. The permit will allow drilling on the Crackingstone property for 2024 and 2025 drilling seasons. Approval is expected for July- August. 1 • 2
Slide 18: 2024 Drill Targets
Crackingstone Uranium 2024 Drill Targets • Target #1: Radiometric Uranium anomaly adjacent to fault, between 2 EM conductors, hematite alteration halo, high ground radioactivity readings, No. 7 adit with high grade uranium. • Target #2: Radiometric Uranium anomaly, adjacent to fault, intersected by
Slide 19: Key Facts
Key Facts Share Info As of April 30, 2024 Shares: 102.2M Warrants: 0M Options: 7.3M Fully Diluted: 109.5M Contact Info Belmont Resources Inc.– TSX‐V: BEA Suite 615 – 800 W. Pender Street Vancouver, British Columbia, Canada V6C 2V6 Telephone: (604) 505‐4061 E‐mail: george@belmontresources.com 19
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