2016-11-17 18:40 ET - News Release

Mr. Vojtech Agyagos reports

BELMONT APPOINTS MR. AZIZ KHALILI, MSc. EE, TO ITS ADVISORY BOARD & INVESTIGATES "GREEN" LITHIUM PROCESSING

Belmont Resources Inc. has appointed an advisory board member.

Belmont would like to welcome Abdolaziz (Aziz) Khalili, MSc, EE, engineering consultant, to the advisory board.

Mr. Khalili's company's (Khalili Engineers and Associates) "solar-powered desalination pipe project" (SPDPP) proposal for Santa Monica, Calif., has garnered much attention in the press. The SPDPP is designed to generate 4.5 billion litres of drinking water using electromagnetic filtration desalination. "Electromagnetic filtration uses an isolated electromagnetic field on pipes circulating sea water, separating the salts and impurities. The process is rapid and energy-efficient," Khalili Engineers elaborates.

Belmont's consultants are actively researching and communicating with groups and individuals working in the area of water desalination and carbon-based elemental, submolecular, selectively permeable mediums.

Belmont is pro-actively investigating a "green" approach in lithium-extraction methods from brine waters. Belmont acknowledges that Nevada and all the western states in the great basin have entered the seventh year of drought. Belmont's long-term outlook is to investigate the viability of the production of potable water as a byproduct of lithium separation from brines using internally developed technology. The production of water for agricultural and drinking purposes, as part of the element concentrating process, would, Belmont feels, be beneficial for the surrounding community and economy of Esmeralda county, Nevada. Concentrating the ionic metals (lithium ions and other marketable minerals) to be separated by non-chemical means is also a goal of Belmont.

Stock option grant

The company has granted incentive stock options to directors, officers and advisers to purchase a total of up to 500,000 common shares at eight cents per share for a three-year period.