Belmont Resources CEO George Sookochoff joined Steve Darling from Proactive to share news the company has entered into option agreements for their Lone Star Copper-Gold Project in Washington State and the Kibby Basin Lithium Project in Nevada. Sookochoff telling Proactive Marquee Resources will make cash payments to Belmont, spend 5 million in exploration expenditures on the two projects and issue to Belmont 6 million shares of Marquee over the two-year earn-in period to earn an 80% interest in each of the two projects.
Belmont Resources agrees to option agreement with Marquee Resources on Lonstar and Kibby Properties