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EAST BAY JV/RED LAKE

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EAST BAY JV/RED LAKE
Classification: Active/Verified
Status: Raw Prospect
Type of Work: Surface
Location: Canada, Ontario
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Property News

February 8, 2012
Belmont Resources Inc. announced the disposition of EAST BAY JV/RED LAKE, located in Canada.
April 21, 2006
Completed a 930 m six-hole drilling program. The drilling program was successful in intersecting zones of sulphide mineralization and quartz veining contained within altered mafic volcanic and intermediate -to- felsic intrusive rocks. The quartz veining was mineralized with pyrite, pyrrhotite and magnetite. Bedded-sulphide (pyrrhotite chalcopyrite and pyrite) mineralization was encountered in the altered mafic volcanic rocks. A wide zone of weakly disseminated sulphide and magnetite mineralization was intersected in holes BSL-6.
December 31, 2005
The company prepared a budget for for the recommended work program and expected to embark on the exploration in 2006.
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