NEVADA CLAIMS

Vancouver, B.C. Canada, July 11, 2016 - Belmont Resources Inc. (TSX.V: BEA; FSE: L3L1; OTC: BEAAF.PK) ("Belmont", or the "Company"). Further to recommendations of James Wright - Wright Geophysics and Mr. Hunsaker III, Consulting Geologist the Company has arranging the staking of 213 x 20 acre additional placer mineral claims totaling approx. 4,260 acres (1724 ha), increasing the total Kibby Basin land position (the "Property") to 6,820 acres (2760 ha). The Property is located 65 km north of Clayton Valley, in Esmeralda County, Nevada. The claims are 35.8 direct air miles northwest of Tonopah, Nevada. The Kibby property is located in Kibby Flat, which is the geographic name for the playa in the lowest portion of the Monte Cristo Valley.

The Property potential to host lithium-bearing brines in a geologic setting similar to the continental brine model ascribed to Clayton Valley, has been further enhanced by the results of the recently completed gravity survey.

Kibby Basin staking

As a result of the positive results returned from the gravity survey, James Wright - Wright Geophysics and Mr. Hunsaker, Consulting Geologist recommended extending the land position east to cover the major structure bounding the basin’s east side; and to the north-northeast to cover a portion of the deep part of the basin where it extends northward from the original Kibby claims. The gravity survey identified several significant structures that juxtapose rocks of differing densities that are most likely basin-fill sediments faulted against the basement rocks. Drilling and sampling are now being planned as the next phase of exploration work.

NI 43-101 Disclosure:

Ernest L. Hunsaker III, CPG 8137, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical information in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS
"Vojtech Agyagos"
Vojtech Agyagos,
CEO/President