Belmont Resources Inc. (TSXV: BEA) has obtained promising results from the latest batch of assays at the Belmont-Marquee Resource, Lone Star Joint Venture (JV) in North Eastern Washington State.
President and CEO, George Sookochoff, said results from this batch of assays have intersected up to 150m of significant copper mineralisation that extends well beyond the extents of historical drill hole results. The long intercepts of copper mineralisation are interpreted to be related to sub-vertical feeder dyke that has been the conduit for upwelling magmas during rhyolite dome emplacement and mineralisation.
“It’s great to see the drilling further unlock our knowledge of the Lone Star deposit and extend the envelope of mineralisation well beyond the previously defined limits. These results validate the geological model developed by the Project Geologist on-site and opens up the potential to identify further sub-vertical, well-mineralized rhyolite dykes,” Mr Sookochoff said.
“Drilling continues 24/7 and we have a further six-holes at the lab awaiting assays, so it’s going to be an exciting few months as we work towards completing our maiden drill campaign at the Project.
“We know the mineralisation at Lone Star plunges to the south-east, so we expect to see the excellent results continue as we systematically work through the drilling programme from north to south. Resource modelling studies continue in the background and we are highly encouraged by what the drilling has produced thus far.”
Significant zones of mineralisation intersected include:
- 149.4m @ 0.84 %CuEq (0.7 % Cu, 0.2 g/t Au 1.3 g/t Ag) from 12.8m (LS21-016) including:
- 4.6m @ 4.04 %CuEq (3.1 % Cu, 1.4 g/t Au 11.7 g/t Ag) from 108.8m
- 4.3m @ 1.29 %CuEq (1.1 % Cu, 0.2 g/t Au 7.4 g/t Ag) from 45.1m
- 9.2m @ 1.17 %CuEq (1.0% Cu, 0.2 g/t Au 4.7 g/t Ag) from 127.1m
- 33.2m @ 1.26 %CuEq 0.9 % Cu, 0.5 g/t Au 4.5 g/t Ag) from 16.5m (LS21-015)
- 54.9m @ 0.86 %CuEq (0.7 % Cu, 0.2 g/t Au 3.4 g/t Ag) from 6.1m (LS21-021) (note: only 50% of assays received thus far) including:
- 7.3m @ 2.70 %CuEq (2.1 % Cu, 0.7 g/t Au 19.1 g/t Ag) from 6.1m
- 25.3m @ 0.84 %CuEq (0.7 % Cu, 0.2 g/t Au 1.4 g/t Ag) from 50.3m (LS21-024)
- 3.1m @ 3.32 %CuEq (2.6% Cu, 0.9 g/t Au 8.6 g/t Ag) from 108.8m
and 8.2m @ 1.99 %CuEq (1.3 % Cu, 1.0 g/t Au 4.8 g/t Ag) from 119.5m (LS21-011)
For further information please visit: https://belmontresources.com/
