Belmont Resources Inc. · TSXV:BEA
Belmont Resources — Investor Presentation (September 2024)
26 slides from Belmont Resources's investor presentation, September 2024
Slide 1: Crackingstone Uranium/Rare Earths Project
Crackingstone Uranium/Rare Earths Project Athabasca Basin September 2024 May 2024
Slide 2: Uranium Rare Earth Elements (REE's)
Uranium Rare Earth Elements (REE’s) Structural (faults), graphitic( EM), and mineralized (Uranium) Thorium, structural faults, pegmatites and hematites corridors are critical for uranium exploration, particularly in together create an exceptional environment for the discovery identifying high-grade
Slide 3: The Athabasca Basin
THE ATHABASCA BASIN Home to the largest and highest-grade uranium deposits in the world! ) Over 900MM Ibs of U0, produced! t Known resources of 606,600 tonnes U,0,' ) Saskatchewan was ranked 2" in the world for mining investment attractiveness? abasca Crackingstone ders x AB SK Belmont HIGHEST GRADE
Slide 4: Radioactivity Map of the Athabasca Basin Region
Crackingstone Uranium/ Rare Earths Athabasca Basin Radioactivity Map of the Athabasca Basin Region
Slide 5: Crackingstone Uranium/Rare Earths Project
Crackingstone Uranium/Rare Earths Project • 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, including 12 open-pit op
Slide 6: Crackingstone Uranium/Rare Earths Project
Crackingstone Uranium/Rare Earths 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. 6
Slide 7: Only 6kms from Uranium City
Crackingstone Uranium/Rare Earths • 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
Slide 8: Airborne Radiometric Survey
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 radioactive decay of Uranium wit
Slide 9: Structural/Conductive/Mineralized Corridors
Structural/Conductive/Mineralized Corridors • 3 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 controlled high grade uranium
Slide 10: Crackingstone 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. 10
Slide 11: 2008 Drilling Uranium Intercepts
Crackingstone 2008 Drilling All 20 drill holes intercepted uranium mineralization across a 1.8km zone. Uranium Intercepts % % 11
Slide 12: 2008 Drilling Hematite
Crackingstone 2008 Drilling Hematite • 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
Slide 13: 2008 Drilling Pegmatite
Crackingstone 2008 Drilling Pegmatite Pegmatites are a type of intrusive igneous rock characterized by exceptionally coarse grain size, often containing minerals such as quartz, K-feldspar, plagioclase, biotite, muscovite, and monazite. • While not specifically classified as carbonatites or alkaline
Slide 14: 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 4 application. The permit will allow drilling on the Crackingstone property for 2024 and 2025 drilling seasons. Approval is expected for Sept. 2024. • Dri
Slide 15: Rare Earth Elements Exploration and Drilling
Crackingstone 2024 Rare Earth Elements (REE’s) Exploration and Drilling Geologist recording large pegmatite outcrop on Crackingstone property 15
Slide 16: Rare Earth Elements (REE's)
Crackingstone 2024 Rare Earth Elements (REE’s) In rare earth element (REE) exploration, the relationship between thorium, faults and pegmatites is crucial for understanding the geologic processes that concentrate REEs and thorium into economically valuable deposits. 16
Slide 17: Thorium and Rare Earth Elements
Rare Earth Elements (REE’s) Thorium and Rare Earth Elements (REEs): Thorium is often associated with rare earth elements because they tend to occur together in certain types of minerals and geological environments. Many REE-bearing minerals have thorium as a byproduct. Thus, areas rich in thorium of
Slide 18: Faults and Structural Controls
Rare Earth Elements (REE’s) Faults and Structural Controls: Faults and fractures play a significant role in REE exploration because they can act as pathways for hydrothermal fluids, which transport REEs, thorium, and other metals. These structural features can also serve as zones where REE-bearing p
Slide 19: Pegmatites
Rare Earth Elements (REE’s) Pegmatites: Pegmatites are intrusive igneous rocks known for their coarse-grained texture and are often enriched in rare elements, including REEs, lithium, tantalum, niobium, and thorium. REE-bearing pegmatites often form late in the crystallization of a granitic magma, c
Slide 20: Relationship in Rare Earth Exploration
Rare Earth Elements (REE’s) Relationship in Rare Earth Exploration: In REE exploration, areas where thorium anomalies, pegmatitic intrusions, and fault zones intersect are considered prime targets for discovering economically viable REE deposits. Thorium serves as a geochemical pathfinder for locati
Slide 21: Some of the highest REE's grade reported nearby Crackingstone
Some of the highest REE’s grade reported nearby Crackingston REE’s today have become a focus of exploration at the Crackingstone due to recent discoveries of high grade REE’s in region related to Thorium-Pegmatite-targets, similar to Crackingstone. The Alces Lake REE-Th-U mineralization area is loca
Slide 22: Appia Rare Earths & Uranium – Some of the highest grade REE's
Crackingstone Uranium & REE’s Project Appia Rare Earths & Uranium – Some of the highest grade REE’s in the world “Their REE’s are associated with “Pegmatites” within Thorium anomalies” Thorium Anomaly Biotite Pegamatite 22
Slide 23: Pegmatite + Thorium = REE's?
Crackingstone Uranium & REE’s Project Pegmatite + Thorium = REE’s ? Belmont Resources Crackingstone Appia Rare Earths & Uranium Crackingstone “Pegmatites” within Thorium Appia’s REE’s are associated with anomalies. “Pegmatites” within Thorium anomalies. Drill Hole 2008 C4 @ 104m Pegmatite Pegmatite
Slide 24: Crackingstone REE's
Crackingstone REE’s • 2008 drilling intercepted a 1.8 km pegmatite dyke adjacent to a Thorium/Uranium anomaly. If that drilling took place today the pegmatite intercepts would make for very good news! • However the pegmatite sections of the drill core were not sent to the lab for analysis for Rare E
Slide 25: 2024 Exploration & Drilling
2024 Exploration & Drilling (Drilling permit pending) Uranium Thorium – REE’s 3 of the 4 drill targets will also test thorium anomalies for REE’s 4 high quality targets selected for 2024 drilling. These 4 Uranium content. Extensive rock sampling will be conducted over the large drill targets are als
Slide 26: Key Facts
Key Facts Share Info As of April July 28, 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 26
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