Belmont Says Magnetotelluric Survey on the Kibby Basin Lithium Property Complete

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Belmont Resources Inc. is an emerging resources company engaged in the acquisition, exploration and development of mineral properties; in Canada and United States.

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Belmont Says Magnetotelluric Survey on the Kibby Basin Lithium Property Complete

posted on Mar 02, 2018 12:28PM

2018-03-02 08:42:30 AM ET (MT Newswires)

08:42 AM EST, 03/02/2018 (MT Newswires) -- Belmont Resources (BEA.V) said Friday a third-party geophysical survey of it Kibby Basin lithium project in Nevada is complete, giving the company data for planning its 2018 exploration-drilling program for the site.

The company said the magnetotelluric survey mapped out potential lithium-bearing brine zones beneath the surface of its project site.

With the results in hand, Belmont is now evaluating contractors for soil and aquifer sampling at the site.

Belmont shares last traded Wednesday on the TSX Venture Exchange, closing at $0.04.

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